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El-Erian Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2010. The principal officer is % Foundation Source. It holds total assets of $7.6M. Annual income is reported at $381K. The foundation operates in the area of religion. According to available records, El-Erian Family Foundation has made 10 grants totaling $1.5M, with a median grant of $150K. The foundation has distributed between $260K and $940K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $940K distributed across 6 grants. Individual grants have ranged from $50K to $300K, with an average award of $150K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
El-Erian Family Foundation primarily funds organizations in the area of religion. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in CA, NY.
El-Erian Family Foundation has distributed a total of $1.5M across 10 grants. The median grant size is $150K, with an average of $150K. Individual grants have ranged from $50K to $300K.
El-Erian Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
El-Erian Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mohamed El-Erian | Pres, Dir, Sec | $0 | $0 | $0 |
Total Giving
$315K
Total Assets
$7.4M
Fair Market Value
$7.4M
Net Worth
$7.4M
Grants Paid
$300K
Contributions
$0
Net Investment Income
$357K
Distribution Amount
$352K
Total Grants
10
Total Giving
$1.5M
Average Grant
$150K
Median Grant
$150K
Unique Recipients
3
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Egypt Cancer Network 57357 And Afnci IncGeneral & Unrestricted | Newport Beach, CA | $300K | 2023 |
| Cambridge In AmericaGeneral & Unrestricted | New York, NY | $200K | 2022 |
| Orange County School Of The Arts FoundationGeneral & Unrestricted | Santa Ana, CA | $150K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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