Nonprofit · EIN 27-3308754
FOUNDATION FOR ADVANCED PHILANTHROPHY
Tax-exempt · INDIANAPOLIS, IN 46256
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $39,321,229 | $12,773,051 | $26,548,178 | $142,562,560 | $132,156 | $142,430,404 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $27,319,441
- Program service revenue
- $11,413,360
- Investment income
- $588,428
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,055,137
- Compensation of officers, directors and key employees
- $185,000
- Other salaries and wages
- $4,990,247
- Salaries, compensation and benefits (total)
- $6,055,390
- Professional fundraising fees
- $0
- Legal fees
- $483,695
- Accounting fees
- $69,758
- Occupancy
- $367,676
- Travel
- $429,047
- Depreciation
- $99,196
- Program services (functional)
- $12,773,051
Balance sheet and other
- Total assets, start of year
- $117,993,330
- Total assets, end of year
- $142,562,560
- Total liabilities, end of year
- $132,156
- Net assets, end of year
- $142,430,404
- Publicly traded securities
- $561,837
- Net assets without donor restrictions
- $142,430,404
- Gross receipts
- $39,321,229
- Employees
- 0
- Year formed
- 2010
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON L CRACE | CEO/DIRECTOR Trustee or director, Officer | 20 | $185,000 |
| BARRY D SILBERMANN | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 9763 WESTPOINT DR, INDIANAPOLIS, IN 46256-3396
- In care of
- % JASON CRACE
- Principal officer (990 for 2023)
- JASON L CRACE, 9763 WESTPOINT DRIVE, INDIANAPOLIS, IN 46256
- Signed the 990
- JASON L CRACE, CEO/DIRECTOR
- Phone
- (317) 991-3322
- Website
- WWW.ADVANCEDPHILANTHROPY.COM
Mission
THE FOUNDATION FOR ADVANCED PHILANTHROPY IS DEDICATED TO RESTORING AND ADVANCING DONOR INVOLVEMENT BY THE FOUNDATION NETWORKING WITH OTHER FOUNDATIONS IN NEED OF FUNDING AID AND BY INCREASING ACCESS, EDUCATION AND RESEARCH OPPORTUNITY NATIONALLY IN ORDER TO BETTER EFFECT THE LIVES OF THOSE IN NEED.
Program accomplishments
- THE FOUNDATION SUPPORTS OR DEVELOPS PROGRAMS OR FOUNDATIONS INCLUDING BUT NOT LIMITED TO: 1. MEDICAL INSTITUTIONS, PROGRAM SUPPORT INCLUDING MEDICAL/HEALTH ADVANCES AND ACCESS. CANCER, HEART, DIABETES TREATMENT AND RESEARCH, AND MORE 2. CHILDRENS HEALTH, DEVELOPMENT, PROTECTION AND WELL BEING; 3. AGING CARE, ALZHEIMERS, TREATMENT AND RESEARCH 4. WOMENS ISSUES OF ABUSE AND HEALTH; 5. ANIMAL CARE, WILD LIFE, FISHERIES, IMPROVEMENT AND WELL BEING; 6. PROTECT AND RESTORE OUR ENVIRONMENT 7. EDUCATION AND SCHOLARSHIPS 8. ENTREPRENEURSHIP AND JOB CREATIONExpenses $2,495,284 · grants $2,055,137
- THE FOUNDATION SUPPORTS AN EMERGENCY MEDICAL SERVICES COMPANY FOR THE BENEFIT OF THE COMMUNITY.Expenses $10,277,767
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3308754
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $142,562,560
- Income (IRS master file)
- $39,321,229
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $39,321,229 | $12,773,051 | $142,562,560 | XML |
| 990 | December 2022 | $30,434,971 | $10,211,032 | $117,993,330 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3308754).
Questions about FOUNDATION FOR ADVANCED PHILANTHROPHY
- What is the EIN of FOUNDATION FOR ADVANCED PHILANTHROPHY?
- The employer identification number (EIN) of FOUNDATION FOR ADVANCED PHILANTHROPHY is 27-3308754.
- Is FOUNDATION FOR ADVANCED PHILANTHROPHY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to FOUNDATION FOR ADVANCED PHILANTHROPHY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR ADVANCED PHILANTHROPHY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOUNDATION FOR ADVANCED PHILANTHROPHY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR ADVANCED PHILANTHROPHY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of FOUNDATION FOR ADVANCED PHILANTHROPHY?
- The 990 for the year ended December 31, 2023 names JASON L CRACE.
- Who are the officers and directors of FOUNDATION FOR ADVANCED PHILANTHROPHY?
- The 990 for the year ended December 31, 2023 lists 2 people; 1 received compensation from the organization, the highest $185,000 (JASON L CRACE, CEO/DIRECTOR).
- How much revenue does FOUNDATION FOR ADVANCED PHILANTHROPHY have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $39,321,229, expenses of $12,773,051 and total assets of $142,562,560 at year end.
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