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Elster Foundation is a private trust based in MARTINSVILLE, VA. The foundation received its IRS ruling in 1965. The principal officer is Sydney E Goldstein. It holds total assets of $4M. Annual income is reported at $1M. Total assets have decreased from $5.3M in 2011 to $4M in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Georgia, Virginia and North Carolina. According to available records, Elster Foundation has made 96 grants totaling $724K, with a median grant of $2K. Annual giving has grown from $154K in 2020 to $320K in 2022. Individual grants have ranged from $500 to $90K, with an average award of $8K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in Florida, Georgia, Virginia, which account for 60% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$6K
Largest Grant
$50K
Based on 24 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Elster Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 96 grants. Its grantmaking reaches organizations primarily in FL, GA, VA.
Elster Foundation has distributed a total of $724K across 96 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $500 to $90K.
Elster Foundation typically selects its grantees rather than accepting unsolicited proposals.
Elster Foundation is headquartered in MARTINSVILLE, VA. While based in VA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicole V Acuff | TRUSTEE | $7K | $0 | $7K |
| Douglas R Goldstein | TRUSTEE | $7K | $0 | $7K |
| Amy Gerome-Acuff | TRUSTEE | $7K | $0 | $7K |
| Elizabeth Greer Goldstein | TRUSTEE | $7K | $0 | $7K |
| Dr Elizabeth Rg Goldstein | TRUSTEE | $7K | $0 | $7K |
Total Giving
$382K
Total Assets
$4M
Fair Market Value
$6.4M
Net Worth
$4M
Grants Paid
$300K
Contributions
N/A
Net Investment Income
$173K
Distribution Amount
$301K
Total: $3.6M
Total Grants
96
Total Giving
$724K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
45
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sarasota Ballet Of Florida IncCHARITABLE | Sarasota, FL | $90K | 2022 |
| Florida Studio Theatre IncCHARITABLE | Sarasota, FL | $25K | 2022 |
| Childrens Healthcare Of AtlantaCHARITABLE | Atlanta, GA | $25K | 2022 |
| Atlanta BalletCHARITABLE | Atlanta, GA | $25K | 2022 |
| Piedmont Arts AssociationCHARITABLE | Martinsville, VA | $20K | 2022 |
| Berry CollegeCHARITABLE | Mt Berry, GA | $15K | 2022 |
| Ron Clark AcademyCHARITABLE | Atlanta, GA | $15K | 2022 |
| Sarasota Memorial Healthcare FdnCHARITABLE | Sarasota, FL | $10K | 2022 |
| Spca Of Martinsville And Henry CtyCHARITABLE | Martinsville, VA | $10K | 2022 |
| Carlisle SchoolCHARITABLE | Martinsville, VA | $10K | 2022 |
| Charlotte Preparatory SchoolCHARITABLE | Charlotte, NC | $6K | 2022 |
| Robert W Woodruff Arts Center IncCHARITABLE | Atlanta, GA | $5K | 2022 |
| Asolo TheaterCHARITABLE | Sarasota, FL | $5K | 2022 |
| Spreckels Organ SocietyCHARITABLE | San Diego, CA | $5K | 2022 |
| Weill Cornell MedicineCHARITABLE | New York, NY | $5K | 2022 |
| Virginia Museum Of Natural HistoryCHARITABLE | Martinsville, VA | $5K | 2022 |
| Terminus Modern Ballet TheatreCHARITABLE | Chattahoochee Hills, GA | $5K | 2022 |
| Uss Midway MuseumCHARITABLE | San Diego, CA | $5K | 2022 |
| Chatham HallCHARITABLE | Chatham, VA | $3K | 2022 |
| Elon UniversityCHARITABLE | Elon, NC | $3K | 2022 |
| Park School Of BuffaloCHARITABLE | Amherst, NY | $3K | 2022 |
| Alliance TheatreCHARITABLE | Atlanta, GA | $3K | 2022 |
| Citysprings Theatre CompanyCHARITABLE | Sandy Springs, GA | $3K | 2022 |
| Boys And Girls Clubs Of The Blue RidgeCHARITABLE | Martinsville, VA | $2K | 2022 |
| Special Olympics Georgia IncCHARITABLE | Norcross, GA | $2K | 2022 |
| Aaep FoundationCHARITABLE | Lexington, KY | $2K | 2022 |
| Uptown Partnership MartinsvilleCHARITABLE | Martinsville, VA | $2K | 2022 |
| Colon Cancer CoalitionCHARITABLE | Edina, MN | $2K | 2022 |
| Salvation Army National CorpCHARITABLE | Alexandria, VA | $1K | 2022 |
| Wind River Cancer Wellness RetreatsCHARITABLE | Tryon, NC | $1K | 2022 |
| Urban Ministry CenterCHARITABLE | Charlotte, NC | $1K | 2022 |
| North Carolina State UniversityCHARITABLE | Raleigh, NC | $1K | 2022 |
| Ice Hockey Club At Nc StateCHARITABLE | Raleigh, NC | $1K | 2022 |
| Chastain Park ConservancyCHARITABLE | Atlanta, GA | $1K | 2022 |
| Grace Network Of MartinsvilleCHARITABLE | Martinsville, VA | $1K | 2022 |
| Piedmont Park ConservancyCHARITABLE | Atlanta, GA | $1K | 2022 |
| Charity League Of MartinsvilleCHARITABLE | Martinsville, VA | $1K | 2022 |
| Chastain Horse ParkCHARITABLE | Atlanta, GA | $1K | 2022 |
| Wusf Public MediaCHARITABLE | Tampa, FL | $500 | 2022 |
| Educational Information CorporationCHARITABLE | Wake Forest, NC | $500 | 2022 |
| Wdav Classical Public RadioCHARITABLE | Davidson, NC | $500 | 2022 |