//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ega Foundation Inc. is a private corporation based in FT WASHINGTON, MD. The foundation received its IRS ruling in 2020. The principal officer is Mbye A Cham. It holds total assets of $2K. Annual income is reported at $91K. Total assets have grown from N/A in 2019 to $2K in 2023. The foundation is governed by 2 officers and trustees. Providing financial assistance to students and families in need of shelter food and care. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Ega Foundation Inc. has made 5 grants totaling $232K, with a median grant of $51K. The foundation has distributed between $25K and $107K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $107K distributed across 2 grants. Individual grants have ranged from $25K to $53K, with an average award of $46K. Contributions to this foundation are tax-deductible.
Providing financial assistance to students and families in need of shelter food and care
Expenses: $51K
Providing financial assistance to students and families in need of shelter food and care. Based on available records, the foundation has funded 5 grants.
Ega Foundation Inc. has distributed a total of $232K across 5 grants. The median grant size is $51K, with an average of $46K. Individual grants have ranged from $25K to $53K.
Ega Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ega Foundation Inc. is headquartered in FT WASHINGTON, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Saba Abraha | TREASURER | $0 | $0 | N/A |
| Mbye A Cham | PRESIDENT | $0 | $0 | N/A |
Total Giving
$49K
Total Assets
$2K
Fair Market Value
$2K
Net Worth
$2K
Grants Paid
$49K
Contributions
$51K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$232K
Average Grant
$46K
Median Grant
$51K
Unique Recipients
1
Most Common Grant
$53K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gambia High SchoolFOR EDUCATION AND GENERAL CHARITIES | Banjul | $49K | 2023 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD