The Ellis Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR MISSION IS TO PROVIDE HIGH SCHOOL GRADUATES ACCESS TO HIGHER EDUCATION. WE DO SO BY ENABLING INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER INSTITUTIONS TO PARTNER WITH US TO PROVIDE SCHOLARSHIPS THAT PREPARE STUDENTS TO BECOME AMERICA'S FUTURE LEADERS.
- Income
- $5.2 million
- Spending
- $4.1 million
- Spent on programs
- 60%
- Reserves
- 51.2 months of spending
- Largest source of income
- donations and private grants, 66%
- Employees
- 10
- Highest pay
- $418,831, president/ce
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 68% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 51.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 20% of income.
Income trend
15 of 15Income rose 32% on the year before.
Spending floor
8 of 1560% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 27% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $2.4 million spent. EDUCATIONAL SCHOLARSHIPS TO STUDENTS WHO SUBMIT WRITTEN APPLICATIONS TO THE FOUNDATION. A PERSONAL INTERVIEW WITH FOUNDATION PERSONNEL IS REQUIRED FOR ALL POTENTIAL SCHOLARSHIP RECIPIENTS. RECIPIENTS MUST PROVIDE PROOF OF ENROLLMENT AND PROOF OF GRADES IN ORDER TO MAINTAIN THE SCHOLARSHIP. ALL SCHOLARSHIPS ARE PAID DIRECTLY TO THE COLLEGE OR UNIVERSITY.
- $36,000 spent. ASSISTANCE IS PROVIDED TO THE BEACON INC WHICH IS LOCATED IN FORT SCOTT KANSAS. THE BEACON SERVES LOW INCOME FAMILIES IN BOURBON COUNTY BY PROVIDING FOOD AND OTHER BASIC NECESSITIES.
- $10,000 spent. SPECIFIC ASSISTANCE PROVIDED TO INDIVIDUAL FOR FUNERAL EXPENSES
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: The Foundation (Houston, TX), EIN 92-0742101. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.