ERNST & YOUNG FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

GINNIE CARLIER

Phone

2127733000

Tax Period

2023-07-01 to 2024-06-30

ERNST & YOUNG FOUNDATION, founded in 1957, is a mid-sized nonprofit in the Education sector that reported $23.2M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $21.9M left a modest 6% surplus.

Mission

SAME AS PART 1, LINE 1

Program Service Accomplishments

Program 1

Expenses: $4,643,750

DONOR INDIVIDUALIZED CHARITABLE ACCOUNTS - GIFTS FROM CONTRIBUTIONS BY PARTNERS AND RETIRED PARTNERS OF ERNST & YOUNG LLP FOR SPECIFIED SCHOOLS/CHARITIES.

Program 2

Expenses: $10,437,342

MATCHING GIFTS PROGRAM FOR HIGHER EDUCATION - SUBJECT TO CERTAINLIMITS, THE FOUNDATION MATCHES DOLLAR-FOR-DOLLAR CONTRIBUTIONS BYPARTNERS AND EMPLOYEES OF ERNST & YOUNG LLP TO ACCREDITEDEDUCATIONAL...

Program 3

Expenses: $4,064,822

EDUCATIONAL AND SPECIAL PROJECT GRANTS - THIS ENCOMPASSES GRANTSFOR SPECIAL PROJECTS SUCH AS EDUCATION FORUMS, RESEARCH STUDIESAND GRADUATE TAX PROGRAMS AND FOR THE IMPROVEMENT OF...

EDUCATIONAL AND SPECIAL PROJECT GRANTS - THIS ENCOMPASSES GRANTSFOR SPECIAL PROJECTS SUCH AS EDUCATION FORUMS, RESEARCH STUDIESAND GRADUATE TAX PROGRAMS AND FOR THE IMPROVEMENT OF EDUCATIONALOPPORTUNITIES FOR THE DISADVANTAGED AND OTHER SPECIAL EDUCATIONALPROJECTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,207,965

Program Service Revenue $0

Investment Income $2,006,926

Other Revenue $22,372

TOTAL REVENUE $23,237,263

Expense Breakdown

Grants Paid $21,128,253

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,788,478

Other Expenses $751,700

TOTAL EXPENSES $21,879,953

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,237,263	$19,837,625	+0.2%
Expenses	$21,879,953	$22,074,233	0.0%
Net Income	$1,357,310	$-2,236,608	-1.6%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER D LEASE	DIRECTOR	1.00	Director	$0	$0	$0
DEBI HEISKALA	DIRECTOR	1.00	Officer Director	$0	$0	$0
DERRICK STEELE	DIRECTOR	1.00	Director	$0	$0	$0
GINNIE CARLIER	PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDRA OLIVER	TREASURER	1.00	Officer Director	$0	$0	$0
REGENIA SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL S SOLENDER	DIRECTOR-RETIRED IN FY '24	1.00	Director	$0	$0	$0
ELLEN J GLAZERMAN	EXECUTIVE DIRECTOR	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$23,237,263	$21,879,953	$43,270,941	$1,357,310
2023	$19,837,625	$22,074,233	$41,679,326	$-2,236,608
2022	$27,948,303	$21,909,835	$43,540,853	$6,038,468
2021	$27,635,064	$29,011,309	$39,971,970	$-1,376,245
2020	$21,007,065	$18,318,681	$40,088,823	$2,688,384
2019	$18,859,794	$18,090,181	$36,931,424	$769,613
2018	$22,535,524	$20,911,312	$35,956,194	$1,624,212