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Ernst Family Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 2020. It holds total assets of $4.9M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ernst Family Foundation has made 22 grants totaling $2M, with a median grant of $38K. Annual giving has grown from $165K in 2020 to $490K in 2023. Grantmaking activity was highest in 2022 with $970K distributed across 8 grants. Individual grants have ranged from $5K to $400K, with an average award of $89K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Iowa, Illinois, Kansas, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Ernst Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in IA, IL, KS.
Ernst Family Foundation has distributed a total of $2M across 22 grants. The median grant size is $38K, with an average of $89K. Individual grants have ranged from $5K to $400K.
Ernst Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ernst Family Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Ernst | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
Total Giving
$503K
Total Assets
$5.8M
Fair Market Value
$7M
Net Worth
$5.8M
Grants Paid
$490K
Contributions
$17K
Net Investment Income
$156K
Distribution Amount
$319K
Total Grants
22
Total Giving
$2M
Average Grant
$89K
Median Grant
$38K
Unique Recipients
10
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drake UniversityONGOING OPERATING SUPPORT | Des Moines, IA | $40K | 2023 |
| Community Foundation Of Greater DubuquePUBLIC SERVICE PROGRAM SUPPORT | Dubuque, IA | $400K | 2023 |
| University Of ChicagoONGOING OPERATING SUPPORT | Chicago, IL | $50K | 2023 |
| Down Syndrome InnovationsPUBLIC SERVICE | Mission, KS | $15K | 2022 |
| Community Foundation Of Jackson County IncPUBLIC SERVICE | Dubuque, IA |
| $230K |
| 2021 |
| Marquette High SchoolSUPPORT FOR CAPITAL IMPROVEMENTS | Bellevue, IA | $40K | 2021 |
| Financial Health Network IncPUBLIC SERVICE | Chicago, IL | $35K | 2021 |
| Duke UniversityONGOING OPERATING SUPPORT | Durham, NC | $15K | 2021 |
| Down Syndrome Guild Of Greater Kansas CityPUBLIC SERVICE | Mission, KS | $10K | 2021 |
| St Mark'S School Of TexasONGOING OPERATING SUPPORT | Dallas, TX | $5K | 2020 |
HOUSTON, TX
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