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Empowering Economic Growth Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2020. It holds total assets of $72.6M. Annual income is reported at $70.7M. EMPOWERING ECONOMIC GROWTH FOUNDATION IS DEDICATED TO DEVELOPING AND FUNDING TRANSFORMATIONAL ENTREPRENEURS, EMPOWERING THEM TO MAKE A POSITIVE IMPACT ON THE WORLD THROUGH INNOVATION, JOB CREATION AND OPPORTUNITY FOR UNDERPRIVILEGED AND MARGINALIZED COMMUNITIES. OUR ANCHOR PROGRAM IS CASCADOR: A GROUND-BREAKING PROGRAM FOR MID-STAGE ENTREPRENEURS IN AFRICA WHO ARE SCALING MISSION-DRIVEN COMPANIES. FOUNDATION ACTIVITIES ARE FOCUSED PRIMARILY ON NIGERIA, BUT EEGF SELECTIVELY SUPPORTS WORTHY CAUSES AND VISIONARY FOUNDERS AROUND THE WORLD. According to available records, Empowering Economic Growth Foundation has made 4 grants totaling $221K, with a median grant of $50K. Annual giving has grown from $49K in 2020 to $99K in 2022. Individual grants have ranged from $49K to $72K, with an average award of $55K. Contributions to this foundation are tax-deductible.
EMPOWERING ECONOMIC GROWTH FOUNDATION IS DEDICATED TO DEVELOPING AND FUNDING TRANSFORMATIONAL ENTREPRENEURS, EMPOWERING THEM TO MAKE A POSITIVE IMPACT ON THE WORLD THROUGH INNOVATION, JOB CREATION AND OPPORTUNITY FOR UNDERPRIVILEGED AND MARGINALIZED COMMUNITIES. OUR ANCHOR PROGRAM IS CASCADOR: A GROUND-BREAKING PROGRAM FOR MID-STAGE ENTREPRENEURS IN AFRICA WHO ARE SCALING MISSION-DRIVEN COMPANIES. FOUNDATION ACTIVITIES ARE FOCUSED PRIMARILY ON NIGERIA, BUT EEGF SELECTIVELY SUPPORTS WORTHY CAUSES AND VISIONARY FOUNDERS AROUND THE WORLD.
Expenses: $159K
EMPOWERING ECONOMIC GROWTH FOUNDATION IS DEDICATED TO DEVELOPING AND FUNDING TRANSFORMATIONAL ENTREPRENEURS, EMPOWERING THEM TO MAKE A POSITIVE IMPACT ON THE WORLD THROUGH INNOVATION, JOB CREATION AND OPPORTUNITY FOR UNDERPRIVILEGED AND MARGINALIZED COMMUNITIES. OUR ANCHOR PROGRAM IS CASCADOR: A GROUND-BREAKING PROGRAM FOR MID-STAGE ENTREPRENEURS IN AFRICA WHO ARE SCALING MISSION-DRIVEN COMPANIES. FOUNDATION ACTIVITIES ARE FOCUSED PRIMARILY ON NIGERIA, BUT EEGF SELECTIVELY SUPPORTS WORTHY CAUSES AND VISIONARY FOUNDERS AROUND THE WORLD. Based on available records, the foundation has funded 4 grants.
Empowering Economic Growth Foundation has distributed a total of $221K across 4 grants. The median grant size is $50K, with an average of $55K. Individual grants have ranged from $49K to $72K.
Empowering Economic Growth Foundation typically selects its grantees rather than accepting unsolicited proposals.
Empowering Economic Growth Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Delucia | TRUSTEE | $0 | $0 | $0 |
Total Giving
$192K
Total Assets
$5M
Fair Market Value
$5.3M
Net Worth
$5M
Grants Paid
$0
Contributions
$1.4M
Net Investment Income
$190K
Distribution Amount
$0
Total Grants
4
Total Giving
$221K
Average Grant
$55K
Median Grant
$50K
Unique Recipients
1
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Inspire AfricaCHARITABLE CONTRIBUTION | Calgary | $50K | 2022 |
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