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Foundation For Advanced Philanthropy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273308754 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Advanced Philanthropy Inc?

Foundation For Advanced Philanthropy Inc is a nonprofit organization based in Indianapolis, Indiana, with the address 9763 Westpoint Drive. The foundation's mission is to restore and advance donor involvement by networking with other foundations in need of funding aid and increasing access, education, and research opportunities nationally. This commitment is directed towards enhancing the lives of those in need through various aspects. These include medical institutions, cancer, heart, diabetes treatment and research, children's health, aging care, women's issues, animal care, environmental protection, education, entrepreneurship, and job creation. The foundation supports and develops programs and foundations in these sectors.


Official website here: www.advancedphilanthropy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 72%, Two-Star out of Four Star rating.

The Foundation For Advanced Philanthropy Inc received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With a score of 72 for Accountability & Finance, the organization shows strengths in areas such as having a majority of independent board members, a strong liabilities to assets ratio, and good program expense management. These aspects suggest a commitment to responsible governance and effective use of funds.

However, there are notable limitations that affect their overall rating. The organization scored poorly in several critical areas, including financial statements and fundraising efficiency. Additionally, the lack of an independent board size, conflict of interest policy, and whistleblower policy raises concerns about its governance practices. The absence of these policies could hinder transparency and accountability in operations.

Overall, while the foundation demonstrates some strengths in governance and financial stewardship, the significant gaps in policy development and fundraising efficiency suggest that potential donors should consider these factors when evaluating the organization's effectiveness and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For Advanced Philanthropy Inc legitimate?

Foundation For Advanced Philanthropy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Advanced Philanthropy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,149,921

For more financial information, click here


Official website here: www.advancedphilanthropy.com

What is the mission statement of Foundation For Advanced Philanthropy Inc?

The Foundation for Advanced Philanthropy is committed to reinvigorating donor involvement in the philanthropic sector. It achieves this by networking with other foundations in need of funding aid and expanding access, education, and research opportunities nationally to enhance the lives of those in need. The organization supports a range of programs and foundations encompassing various sectors, including healthcare, children's welfare, aging care, women's issues, animal care, environmental protection, education, and entrepreneurship. Through these initiatives, the Foundation for Advanced Philanthropy aims to make a profound impact on numerous communities and causes.


Official website here: www.advancedphilanthropy.com

Who is the CEO of Foundation For Advanced Philanthropy Inc?

Jason L Crace is the Ceo/Director of Foundation For Advanced Philanthropy Inc. The CEO's salary of Foundation For Advanced Philanthropy Inc is $130,000 and their total compensation is $130,000.


Official website here: www.advancedphilanthropy.com

What is the revenue of Foundation For Advanced Philanthropy Inc?

Foundation For Advanced Philanthropy Inc's revenue in 2022 was $30,434,971.


Official website here: www.advancedphilanthropy.com

Who are the executives of Foundation For Advanced Philanthropy Inc and what are their salaries?


Here are 2 key members and their salaries (Foundation For Advanced Philanthropy Inc's CEO's salary is $130,000 and their total compensation is $130,000):


Jason L Crace (Ceo/Director)
  • Compensation: $130,000
  • Related: $0
  • Other: $0
Barry D Silbermann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.advancedphilanthropy.com

Where can I find the form 990 for Foundation For Advanced Philanthropy Inc?

Foundation For Advanced Philanthropy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.advancedphilanthropy.com

Learn more at the official website: www.advancedphilanthropy.com

Mission Statement of Foundation For Advanced Philanthropy Inc

The Foundation for Advanced Philanthropy, a dedicated organization, is committed to restoring and advancing donor involvement in the philanthropic community. They achieve this by networking with other foundations in need of funding aid and expanding access, education, and research opportunities nationwide to enhance the lives of those in need.

The Foundation's mission is multifaceted, encompassing various aspects of social welfare. It focuses on supporting and developing programs and foundations, including but not limited to medical institutions, children's health, aging care, women's issues, animal care, environmental protection, education, entrepreneurship, and job creation. In essence, the Foundation strives to make a difference in numerous sectors by fostering collaboration, increasing resources, and facilitating progress.

Through its efforts, the Foundation for Advanced Philanthropy contributes significantly to medical research and access, particularly in areas such as cancer, heart diseases, and diabetes. It champions the cause of children's health, development, protection, and well-being. The organization also addresses the needs of aging populations, offering support for Alzheimer's treatment and research. Furthermore, it advocates for women's issues, including abuse and health concerns. Animal care, wildlife, fisheries, improvement, and wildlife protection are other areas of focus. Additionally, the Foundation's initiatives encompass environmental conservation, education, entrepreneurship, and job creation.

In conclusion, the Foundation for Advanced Philanthropy serves as a catalyst for change by restoring donor involvement and facilitating access to opportunities that ultimately improve lives and address a wide range of societal issues.

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Impact




October, 2024

Foundation For Advanced Philanthropy Inc plays a crucial role in enhancing donor involvement and fostering partnerships among foundations to address pressing societal needs. By focusing on various critical areas, the foundation supports or develops programs that advance medical research and treatments, promote children's health and well-being, and address challenges related to aging and Alzheimer's.

The foundation also prioritizes women's health and issues related to abuse, alongside initiatives aimed at animal welfare and environmental restoration. Furthermore, it champions education through scholarship opportunities and encourages entrepreneurship and job creation, ultimately aiming to uplift communities and improve lives on multiple fronts. Its commitment to increasing access, education, and research opportunities on a national scale underscores its dedication to effecting meaningful change for those in need.




This information is meant to be a general summary of Foundation For Advanced Philanthropy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$30,434,971 (2022)
Expenses
$10,211,032 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $549,673
  • Program Service Revenue: $10,920,848
  • Gross Receipts: $30,434,971

Assets and Liabilities:

  • Total Assets: $117,993,330
  • Total Liabilities: $131,052
  • Net Assets: $117,862,278

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RAPID RESPONSE EMS LLC

Revenue

$9,573,848

ROYALTIES

Revenue

$1,347,000

Organization Details

Founding Year

2010

Principal Officer

Jason L Crace

Main Address

9763 WESTPOINT DRIVE, INDIANAPOLIS, IN, 46256

NTEE Category

Code: T99 - Philanthropy

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