Private non-operating foundationEIN 843970728Est. 2020-08
EMPOWERING ECONOMIC GROWTH FOUNDATION
NEW YORK, NY 10011
Total Assets
$71.0M
FY 2024
Annual Giving
$365K
FY 2024
Grants Made
5
FY 2024
Avg Grant
$73K
FY 2024
Grant Range
$5K–$150K
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$1.0MEmpowering 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.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$68.6M
Total Expenses
$1.0M
Qualifying Distributions
$2.3M
Min. Investment Return
$509K
Grant Range
5 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
8 grants
Grant Size Distribution
8 grants
Geographic Focus
2 states
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