Elks National Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Elks National Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
The mission of the Elks National Foundation is to help Elks build stronger communities. Elks National Foundation fulfills this pledge by investing in communities where Elks live and work. Elks National Foundation helps youth develop lifelong skills, sends students to college, meets the needs of today's veterans, supports the charitable work of the state Elks associations, and funds projects that improve the quality of life in local Elks communities.
Year, State Incorporated:
2008, IL
The Elks National Foundation (ENF) invests in communities where Elks live and work through service grants to local chapters. Elks chapters use these grants to meet the needs of their communities. In addition, the ENF helps fund the charitable activities of state Elks associations.
The ENF also funds the Elks' commitment to end veteran homelessness. Support includes direct emergency assistance, targeted grants for local chapters, and welcome home kits for veterans exiting homelessness. Additional funding supports occupational therapy programs and social activities at veterans hospitals and homes.
In addition, the ENF funds programs designed to help youth develop grit and lead healthy lifestyles. The ENF also annually awards more than $4 million in scholarships for college and medical school.
For the year ended March 31, 2025, Elks National Foundation's program expenses were:
| Community Investment Program | $32,565,976 |
| Scholarships | $4,082,944 |
| Hoop Shoot | $1,431,804 |
| Total Program Expenses | $38,080,724 |
Chief Executive
James O'Kelley, Director
Chair of the Board
Mr. Roger R True, Board Chairperson
Chair's Profession / Business Affiliation
Board Size
7
Paid Staff Size
21
Method(s) Used:
Direct mail appeals, Internet
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Elks National Foundation's audited financial statements for the year ended March 31, 2025.
Source of Funds
| Realized Gain (Loss) on Investments | $28,439,573 |
| Interest and Dividends on Investments | $20,248,697 |
| Contributions and grants | $12,615,044 |
| Mineral Interest Royalties Income | $230,956 |
| Change in value of trusts held by others | $97,055 |
| Other revenues | $43,435 |
| Securities Lending Program Income | $32,095 |
| Unrealized Gain (Loss) on Investments | $-1,457,421 |
| Total Income | $60,249,434 |
Programs: 86% Fundraising: 3% Administrative: 5%
| Total Income | $60,249,434 |
| Total expenses: | $44,533,130 |
| Program expenses | $38,080,724 |
| Fundraising expenses | $1,481,306 |
| Administrative expenses | $2,008,212 |
| Other expenses | $2,962,888 |
| Income in Excess of Expenses | $15,716,304 |
| Beginning Net Assets | $857,298,956 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $873,015,260 |
| Total Liabilities | $11,956,070 |
| Total Assets | $884,971,330 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Chicago & Northern Illinois