EIN 82-4411649

The Elevate Prize Foundation

IRS 501(c) type
501(c)(3)
Num. employees
11
City
State
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Elevate Prize Foundation is a private foundation located in Miami Beach, FL. Its purpose is to develop and set up programs, including the "Elevate Prize", which will award grants to individuals pursuant to IRC 49.
Total revenues
$334,259
2022
Total expenses
$9,597,918
2022
Total assets
$15,915,657
2022
Num. employees
11
2022

Program areas at The Elevate Prize Foundation

"Elevate Prize" awards grants to individuals pursuant to irc 4945(g)(3) and organizations in one or more of The areas of: relief of The poor,disaster relief, healthcare, affordable housing, education, religion, arts, scientific research, and environmental protection. Support services such as professional management and development services, mentorship and counseling, educational training, capacity building, and connection with experts are provided by The Elevate Prize Foundation to The recipients of funds.

Grants made by The Elevate Prize Foundation

GranteeGrant descriptionAmount
Armman-UsaElevate Prize Program - Using Mobile Technology To Enable Healthy Pregnancies, Safe Deliveries, and Healthy Childhoods$350,000
Draper Richards Kaplan Foundation (DRK)General Operating$250,000
Ubongo InternationalElevate Prize Program - To Harnesses the Power of Entertainment To Reduce Inequalities in Education Across Africa$250,000
...and 26 more grants made totalling $2,884,500

Who funds The Elevate Prize Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustSupport for Elevate Giving Program$25,000

Personnel at The Elevate Prize Foundation

NameTitleCompensation
Carolina Garcia JayaramDirector and Chief Executive Officer$365,598
Jewel MaloneChief Operating Officer$170,364
Chris KottkeChief Financial Officer
Eva BloomfieldChief Marketing Officer$150,610
Matthew MinorChief Impact Officer$228,285
...and 6 more key personnel

Financials for The Elevate Prize Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$245,149
Net rental income$0
Net gain from sale of non-inventory assets$94,731
Gross sales of inventory$-17,954
Miscellaneous revenues$12,333
Total revenues$334,259

Form 990s for The Elevate Prize Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122023-03-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-02-13990PFView PDF
Data update history
December 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Updated personnel
Identified 3 new personnel
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
September 24, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from The Chicago Community Trust
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
276 NW 27 St
Miami, FL 33127
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
Website URL
elevateprize.org/ 
Phone
(781) 736-0700
IRS details
EIN
82-4411649
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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