Ernst & Young Foundation
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$23,237,263
Contributions
91%
Investments
9%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$21,879,953
Grants
97%
Fees to Service Providers
3%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Other
0%
Revenues
2023
2024
Change
Contributions
$18,278,719
$21,207,965
+16%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,442,971
$1,988,727
+38%
Other
$115,935
$40,571
-65%
Total Revenues
$19,837,625
$23,237,263
+17%
Expenses
2023
2024
Change
Grants
$21,384,574
$21,128,253
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$651,055
$716,178
+10%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$38,604
$35,522
-8%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$0
$0
-
Total Expenses
$22,074,233
$21,879,953
-1%
Net income
2023
2024
Change
Net income
-$2,236,608
+$1,357,310
-161%
Functional Expenses
Summary
2023
2024
Change
Program
$21,982,761
$21,788,478
-1%
Admin
$91,472
$91,475
+0%
Fundraising
$0
$0
-
Total Expenses
$22,074,233
$21,879,953
-1%
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