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Also known as: (F/K/A Aqua Charitable Trust)
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The Essential Foundation Fka Aqua Charitable Trust is a private corporation based in BRYN MAWR, PA. The foundation received its IRS ruling in 2000. The principal officer is Directors Of Essential Found. It holds total assets of $48.7M. Annual income is reported at $2.5M. Total assets have grown from $75K in 2011 to $50.5M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, The Essential Foundation Fka Aqua Charitable Trust has made 7 grants totaling $26.7M, with a median grant of $3.9M. Annual giving has grown from $2.5M in 2020 to $4.9M in 2023. Grantmaking activity was highest in 2021 with $11.7M distributed across 3 grants. Individual grants have ranged from $2.5M to $4.9M, with an average award of $3.8M. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
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.
The Essential Foundation Fka Aqua Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in PA.
The Essential Foundation Fka Aqua Charitable Trust has distributed a total of $26.7M across 7 grants. The median grant size is $3.9M, with an average of $3.8M. Individual grants have ranged from $2.5M to $4.9M.
The Essential Foundation Fka Aqua Charitable Trust typically selects its grantees rather than accepting unsolicited proposals. Funding, when granted, are to be used for projects that benefit communities served by aqua and peoples companies, and these are listed locations available for the applicant to select on the webiste.
The Essential Foundation Fka Aqua Charitable Trust is headquartered in BRYN MAWR, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| See Attached | SEE ATTACHED | $0 | $0 | N/A |
Total Giving
$4.9M
Total Assets
$50.5M
Fair Market Value
$50.5M
Net Worth
$50.5M
Grants Paid
$4.9M
Contributions
$12M
Net Investment Income
$2.1M
Distribution Amount
$2.4M
Total Grants
7
Total Giving
$26.7M
Average Grant
$3.8M
Median Grant
$3.9M
Unique Recipients
4
Most Common Grant
$3.8M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached Detail List Of 2023 Donation PaymentsTHE PURPOSE OF EACH DONATION IS ON THE LIST - SEE ATTACHED. | Bryn Mawr, PA | $4.9M | 2023 |
| See Attached Detail List Of 2022 Donation PaymentsTHE PURPOSE OF EACH DONATION IS ON THE LIST - SEE ATTACHED. | Bryn Mawr, PA | $3.8M | 2022 |
| See Attached Detail List Of 2021 Donation PaymentsTHE PURPOSE OF EACH DONATION IS ON THE LIST - SEE ATTACHED. | Bryn Mawr, PA | $3.9M | 2021 |
| See Attached Detail List Of 2020 Donation PaymentsTHE PURPOSE OF EACH DONATION IS ON THE LIST - SEE ATTACHED. | Bryn Mawr, PA | $2.5M | 2020 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA