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Eleos Foundation is a private corporation based in NORMAL, IL. The foundation received its IRS ruling in 2022. The principal officer is Matt Hughes. It holds total assets of $5.9M. Annual income is reported at $2.4M. Total assets have grown from $1.3M in 2021 to $4.1M in 2023. The foundation is governed by 3 officers and trustees. SUPPORTING COMMUNITY PROJECTS AROUND THE WORLD WITH AN EMPHASIS ON EDUCATION, HEALTH, WELL BEING AND CRISIS SUPPORT.The purposes for which the Eleos Foundation is organized are exclusively charitable, religious, educational, scientific, and literary. The Eleos Foundation plans on making distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, or the corresponding provision of any future United States Internal Revenue Law. The Eleos Foundation also plans on providing financial assistance to ministries and schools in eastern Africa to further its educational, religious, and overall charitable purposes.It is anticipated that the Eleos Foundation will be an operating and grant making organization, providing financial assistance to ministries and making grants to charitable organizations that further the goals within the scope of its purpose. The board of directors will approve operations and grants at its directors me. Tax records are available from 2021 to 2023. According to available records, Eleos Foundation has made 18 grants totaling $754K, with a median grant of $12K. Annual giving has grown from $19K in 2021 to $262K in 2023. Grantmaking activity was highest in 2022 with $473K distributed across 10 grants. Individual grants have ranged from $352 to $205K, with an average award of $42K. The foundation has supported 2 unique organizations. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$8K
Based on 4 grants from the most recent 990-PF filing.
SUPPORTING COMMUNITY PROJECTS AROUND THE WORLD WITH AN EMPHASIS ON EDUCATION, HEALTH, WELL BEING AND CRISIS SUPPORT.The purposes for which the Eleos Foundation is organized are exclusively charitable, religious, educational, scientific, and literary. The Eleos Foundation plans on making distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, or the corresponding provision of any future United States Internal Revenue Law. The Eleos Foundation also plans on providing financial assistance to ministries and schools in eastern Africa to further its educational, religious, and overall charitable purposes.It is anticipated that the Eleos Foundation will be an operating and grant making organization, providing financial assistance to ministries and making grants to charitable organizations that further the goals within the scope of its purpose. The board of directors will approve operations and grants at its directors me
SUPPORTING COMMUNITY PROJECTS AROUND THE WORLD WITH AN EMPHASIS ON EDUCATION, HEALTH, WELL BEING AND CRISIS SUPPORT.The purposes for which the Eleos Foundation is organized are exclusively charitable, religious, educational, scientific, and literary. The Eleos Foundation plans on making distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, or the corresponding provision of any future United States Internal Revenue Law. The Eleos Foundation also plans on providing financial assistance to ministries and schools in eastern Africa to further its educational, religious, and overall charitable purposes.It is anticipated that the Eleos Foundation will be an operating and grant making organization, providing financial assistance to ministries and making grants to charitable organizations that further the goals within the scope of its purpose. The board of directors will approve operations and grants at its directors me. Based on available records, the foundation has funded 18 grants.
Eleos Foundation has distributed a total of $754K across 18 grants. The median grant size is $12K, with an average of $42K. Individual grants have ranged from $352 to $205K.
For information about applying for grants from Eleos Foundation, visit their official website. Many private foundations accept unsolicited proposals or have specific application windows.
Eleos Foundation is headquartered in NORMAL, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matt Hughes | President | $0 | $0 | N/A |
| Amy Hughes | Secretary | $0 | $0 | N/A |
| Linda Rader | Treasurer | $0 | $0 | N/A |
Total Giving
$306K
Total Assets
$4.1M
Fair Market Value
$4.1M
Net Worth
$4.1M
Grants Paid
$262K
Contributions
$2.6M
Net Investment Income
$83K
Distribution Amount
N/A
Total Grants
18
Total Giving
$754K
Average Grant
$42K
Median Grant
$12K
Unique Recipients
2
Most Common Grant
$43K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Africa Inland Church Tanzania AictPROJECT ASSISTANCE - ASSISTANCE WITH WATER FILTRATION PRODUCTS, MATERENITY WARD, TESTING PROJECTS, POULTRY HOUSE EXPANSION, NEW DISPENSARY AND CLINIC | Mwanza | $205K | 2023 |
| L'Arche InternationalePROGRAM EXPENSES | Paris | $352 | 2022 |