Aadvance Foundation Inc. is a private corporation based in CATONSVILLE, MD. The foundation received its IRS ruling in 2020. It holds total assets of $935. Annual income is reported at $4K. CONTRIBUTIONS TO CHARITY. According to available records, Aadvance Foundation Inc. has made 12 grants totaling $420K, with a median grant of $37K. Annual giving has grown from $55K in 2021 to $116K in 2023. Grantmaking activity was highest in 2022 with $249K distributed across 6 grants. Individual grants have ranged from $14K to $49K, with an average award of $35K. The foundation has supported 3 unique organizations. Contributions to this foundation are tax-deductible.
CONTRIBUTIONS TO CHARITY
Expenses: $130K
CONTRIBUTIONS TO CHARITY. Based on available records, the foundation has funded 12 grants.
Aadvance Foundation Inc. has distributed a total of $420K across 12 grants. The median grant size is $37K, with an average of $35K. Individual grants have ranged from $14K to $49K.
Aadvance Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Aadvance Foundation Inc. is headquartered in CATONSVILLE, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elken Bansah | PRESIDENT | $0 | $0 | $0 |
| Bene Fynn Bansah | DIRECTOR | $0 | $0 | $0 |
Total Giving
$124K
Total Assets
$4K
Fair Market Value
$4K
Net Worth
$4K
Grants Paid
$116K
Contributions
$110K
Net Investment Income
$0
Distribution Amount
$0
Total Grants
12
Total Giving
$420K
Average Grant
$35K
Median Grant
$37K
Unique Recipients
3
Most Common Grant
$21K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nkwa FoundationCHARITY | — | $42K | 2023 |
| Fair River Int Association For DevtCHARITY | — | $37K | 2023 |
| Children At Heart FoundationCHARITY | — | $37K | 2023 |
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