NonprofitsEmployee Ownership Foundation Inc

Employee Ownership Foundation Inc

WASHINGTON, DC

Total revenue

$1.5M

Total expenses

$1.5M

Net assets

$2.0M

Grants received

$330K

22 grants

EIN

521739193

Tax year

2024

Mission

The employee ownership foundation's (eof's) primary purpose is to increase the number of employee owned businesses through awareness, research and public outreach.

Programs

3 programs

The foundation sponsors a certificate program, that is co-sponsored with the university of pennsylvania's school of social policy and practice, for ceo's and ceo designees of employee owned companies. The program invoices 9 days over two weeks of classroom work led by faculty of the university of pennsylvania, and with sessions led by prominent faculty members of other major academic universities located in the eastern part of the us.

Expenses: $152K

The foundation sponsors the esop employee accelerator program to develop culture of ownership among employees. This one-day program teaches lifelong business and esop knowledge and helps employees think and act like the owners.

Expenses: $33K

The foundation sponsors various events and scholarships.

Expenses: $713KGrants: $67K

Financials

FY 2024

Revenue

Contributions & grants$889K
Program service revenue$444K
Investment income$148K
Other revenue
Total revenue$1.5M

Expenses

Grants paid$80K
Salaries & benefits
Fundraising$53K
Other expenses$1.4M
Total expenses$1.5M
Total assets$2.6M
Net assets$2.0M

People

13 listed

NameRoleCompensation

JAMES BONHAM

PRESIDENT & CEO

Board

$73K

5 hrs/wk

CARA BENNINGFIELD

MEMBER

Board

1 hrs/wk

CONNIE BURNETTE

MEMBER

Board

1 hrs/wk

ALI JAMSHIDI

MEMBER

Board

1 hrs/wk

KAREN ELLIS

CHAIR - ASSOCIATION

Board

1 hrs/wk

ROBYN POLLINA

MEMBER - UNTIL 4/2024

Board

1 hrs/wk

GARY SHORMAN

MEMBER

Board

1 hrs/wk

BECKY STREFF

CHAIR SRCC

Board

1 hrs/wk

LORI STUART

MEMBER - UNTIL 4/2024

Board

1 hrs/wk

DAVID FITZ-GERALD

CHAIR

Board

1 hrs/wk

STEVE EARLE

SECRETARY/TREASURER

Board

1 hrs/wk

KRISTIE MARK

CHIEF OPERATING OFFICER

Staff

$85K

10 hrs/wk

DANIELLE DUFFY

SENIOR DIRECTOR OF OPERATIONS

Staff

$30K

9 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$36K
TO SUPPORT THE COLLECTION OF DATA AND ENCOURAGE OBJECTIVE RESEARCH ON EMPLOYEE OWNERSHIP
2024
$32K
TO SUPPORT THE COLLECTION OF DATA AND ENCOURAGE OBJECTIVE RESEARCH ON EMPLOYEE OWNERSHIP
2023
$18K
TO SUPPORT THE COLLECTION OF DATA AND ENCOURAGE OBJECTIVE RESEARCH ON EMPLOYEE OWNERSHIP
2022
$20K
FOUNDERS CHALLENGE (4 OF 5)
2021
$10K
SUPPORT PROGRAMS
2021
$20K
FOUND FOUNDERS CHALLENGE (PLEDGE 3 OF 5)
2020
$12K
TO SUPPORT THE COLLECTION OF DATA AND ENCOURAGE OBJECTIVE RESEARCH ON EMPLOYEE OWNERSHIP
2020
$10K
SUPPORT PROGRAMS
2020
$10K
SPECIAL FUND/PROJECT
2018

Funded by

$330K from 8 funders · 22 grants · 2017–2024

Robert E And Patricia Schmidt Foundation

$100K · 5 grants · 2019–2023

Carris Corporation Foundation

$99K · 4 grants · 2020–2024

Huntington Tracy Foundation Inc

$40K · 2 grants · 2023–2024

Raymond James Charitable Endowment Fund

$34K · 2 grants · 2017–2018

Us Fiduciary Services

$20K · 2 grants · 2020–2021

Donor Advised Charitable Giving Inc

$17K · 3 grants · 2021–2023

Todhunter Family Foundation

$15K · 3 grants · 2020–2023

Fiduciary Charitable Foundation

$5K · 1 grant · 2020

Details

EIN521739193
Subsection03
Ruling date1994-08
Formed1991
Employees0
Volunteers50
EMPLOYEE OWNERSHIP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo