POMPANO BEACH, FL

Elisabeth C Deluca Foundation Inc.

Quick Facts

EIN: 301214067
Location: POMPANO BEACH, FL
Category: Philanthropy & Grantmaking
Total Assets: $599.7M
Annual Income: $264.2M
IRS Ruling Year: 2022
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Elisabeth C Deluca Foundation Inc. is a private corporation based in POMPANO BEACH, FL. The foundation received its IRS ruling in 2022. It holds total assets of $599.7M. Annual income is reported at $264.2M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

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Financial Overview

Total Giving

$4.4M

2022+133%

Total Assets

$318.5M

2022+25%

Fair Market Value

$295.1M

2022

Net Worth

$318.3M

2022

Grants Paid

$2.7M

2022

Contributions

$51.4M

2022

Net Investment Income

$16.2M

2022

Distribution Amount

$13.2M

2022

Total Giving by Year

$1.9M

$4.4M

Asset Growth

$254.6M

$318.5M

Investment Portfolio (2022)

Total: $30.8M

Corporate Stock: $30.8M

Other Investments: $239M

Cash: $1.7M

Corporate Stock (11%)

Other Investments (88%)

Cash (1%)

Expense Breakdown (2022)

Grants Paid$2.7M

Accounting Fees$65K

Legal Fees$32K

Revenue Sources (2022)

Contributions: $51.4M
Dividends: $8.8M
Capital Gains (Net): $8.1M

Financial Details (2022)

Total Revenue: $68.4M
Total Expenses: $4.4M
Exempt Purpose Expenses: $2.8M
Required Distribution: $13.2M
Undistributed Income: $13M
Total Liabilities: $154K
Excise Tax: $226K

Foundation Classification (2022)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$2.7M

Average Grant

$273K

Median Grant

$105K

Grant Range

Min$50K

Max$1M

Median: $105K

Smallest grantLargest grant

Geographic Distribution of Grants

CT: $1.7M (9)

FL: $1M (1)

CT$1.7M (9)

FL$1M (1)

Past Grantees

Recipient	Location	Amount	Year
Florida Atlantic University Foundation IncTRAINING A NURSING WORKFORCE TO MEET THE NEEDS OF BROWARD POPULATIONS	Boca Raton, FL	$1M	2022
Mercy Learning Center Of Bridgeport IncorporatedENDOWMENT FOR SUSTAINABILITY	Bridgeport, CT	$1M	2022
Gateway Community College Foundation IncEXPANDING SUPPORT FOR CAREERS AND VOCATIONS	New Haven, CT	$150K	2022
Housatonic Community College Foundation IncPROVIDING VOCATIONAL SCHOLARSHIPS FOR CAREERS	Bridgeport, CT	$150K	2022
Norwalk Community College FoundationALLIED HEALTH PROGRAMS FOR WORKFORCE DEVELOPMENT IN FAIRFIELD COUNTY	Norwalk, CT	$150K	2022
Wakeman Memorial Association IncSMILOW-BURROUGHS CLUBHOUSE OUT OF SCHOOL PROGRAM	Fairfield, CT	$60K	2022
Junior Achievement Of Greater Fairfield CountyDEVELOPING 21ST CENTURY CAREER READINESS SKILLS	Bridgeport, CT	$60K	2022
Boys & Girls Club Of Milford IncorporatedBOYS & GIRLS CLUB OF MILFORD GENERAL AFTER SCHOOL PROGRAMMING	Milford, CT	$60K	2022
Special Olympics Connecticut IncSUPPORTING SPECIAL OLYMPICS ATHLETES AND PARTICIPANTS	Hamden, CT	$50K	2022
Jamie A Hulley Arts FoundationEXPANDING OPPORTUNITIES IN THE ARTS	Orange, CT	$50K	2022