PARKERSBURG, WV

Erickson Foundation Trust

Quick Facts

EIN: 550722731
Location: PARKERSBURG, WV
Phone: (304) 485-2051
Category: General
Total Assets: $1.5M
Annual Income: $498K
IRS Ruling Year: 1993
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Erickson Foundation Trust is a private trust based in PARKERSBURG, WV. The foundation received its IRS ruling in 1993. It holds total assets of $1.5M. Annual income is reported at $498K. According to available records, Erickson Foundation Trust has made 11 grants totaling $330K, with a median grant of $35K. Annual giving has grown from $85K in 2020 to $125K in 2023. Individual grants have ranged from $5K to $50K, with an average award of $30K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Frequently Asked Questions

What does Erickson Foundation Trust fund?

Erickson Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in WV.

How much does Erickson Foundation Trust give in grants?

Erickson Foundation Trust has distributed a total of $330K across 11 grants. The median grant size is $35K, with an average of $30K. Individual grants have ranged from $5K to $50K.

How do I apply for a grant from Erickson Foundation Trust?

Erickson Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.

Where is Erickson Foundation Trust located?

Erickson Foundation Trust is headquartered in PARKERSBURG, WV.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Kathy G Eddy	TRUSTEE	$0	$0	$0
Laurie A Erickson	TRUSTEE	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$184K

2023-2%

Total Assets

$1.5M

2023-6%

Fair Market Value

$1.9M

2023

Net Worth

$1.5M

2023

Grants Paid

$125K

2023

Contributions

2023

Net Investment Income

$57K

2023

Distribution Amount

$82K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $821K

Corporate Stock (58%)

Corporate Bonds (33%)

Other Investments (2%)

Cash (6%)

Expense Breakdown (2023)

Revenue Sources (2023)

Gross Rents: $69K
Dividends: $25K
Other Income: $13K
Capital Gains (Net): $-23,415

Financial Details (2023)

Total Revenue: $83K
Total Expenses: $184K
Exempt Purpose Expenses: $125K
Required Distribution: $82K
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $789

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$330K

Average Grant

$30K

Median Grant

$35K

Unique Recipients

Most Common Grant

$35K

Grant Disbursements by Year

Grant Range

Min$5K

Max$50K

Median: $35K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

WV$330K (11)

Past Grantees

Recipient	Location	Amount	Year
Wing 2 Wing FoundationWOMEN WARRIORS SUMMIT	Huntington, WV	$5K	2023
Wvup At Parkersburg FoundationFACULTY CHAIR ENTREPRENEURSHIP	Parkersburg, WV	$50K	2023
Marshall University FoundationUG EXPERIENTIAL LEARNING & RESEARCH	Huntington, WV	$35K	2023
Wvu Foundation - West Virginia UnivFOCUSED ULTRASOUND THERAPEUTICS	Morgantown, WV	$35K	2023