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Ad Impact is a private corporation based in SARASOTA, FL. The foundation received its IRS ruling in 2017. It holds total assets of $91.6M. Annual income is reported at $18.8M. Total assets have grown from $44.8M in 2019 to $77.1M in 2023. The foundation is governed by 3 officers and trustees. The primary charitable activity will be to distribute charitable grants to other section 501(c)(3) organizations that qualify as public charities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Ad Impact has made 6 grants totaling $12.1M, with a median grant of $2M. Annual giving has grown from $2.3M in 2021 to $3.3M in 2023. Grantmaking activity was highest in 2022 with $6.5M distributed across 2 grants. Individual grants have ranged from $601K to $3.2M, with an average award of $2M. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Florida and New York and Minnesota. Contributions to this foundation are tax-deductible.
The primary charitable activity will be to distribute charitable grants to other section 501(c)(3) organizations that qualify as public charities.
Expenses: $1.6M
The primary charitable activity will be to distribute charitable grants to other section 501(c)(3) organizations that qualify as public charities. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in FL, NY, MN.
Ad Impact has distributed a total of $12.1M across 6 grants. The median grant size is $2M, with an average of $2M. Individual grants have ranged from $601K to $3.2M.
Ad Impact typically selects its grantees rather than accepting unsolicited proposals.
Ad Impact is headquartered in SARASOTA, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ag Lafley | PRESIDENT | $0 | $0 | N/A |
| Diana Shaheen | VP, SECRETARY | $0 | $0 | N/A |
| David Payne | DIRECTOR | $0 | $0 | N/A |
Total Giving
$3.5M
Total Assets
$77.1M
Fair Market Value
$77.1M
Net Worth
$77.1M
Grants Paid
$3.3M
Contributions
$3.5M
Net Investment Income
$2.1M
Distribution Amount
$3.4M
Total: $71.9M
Total Grants
6
Total Giving
$12.1M
Average Grant
$2M
Median Grant
$2M
Unique Recipients
4
Most Common Grant
$3.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hamilton CollegeINNOVATION CENTER; CLASS OF 1969 CHALLENGE; BASKETBALL ENDOWMENT | Clinton, NY | $1.7M | 2023 |
| Mayo ClinicGENERAL SUPPORT | Rochester, MN | $1M | 2023 |
| Westcoast Black Theater TroupeGENERAL SUPPORT | Sarasota, FL | $601K | 2023 |
| Gulf Coast Community FoundationIMPACT PLUS DAF | Venice, FL | $3.2M | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL