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Also known as: ARCF Inc
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Ada R Carmon Foundation is a private corporation based in SOMERSET, NJ. The foundation received its IRS ruling in 2020. The principal officer is Wilbur G Carmon Sr. It holds total assets of $305K. Annual income is reported at $16K. Total assets have grown from $4K in 2021 to $305K in 2024. The foundation is governed by 1 officer or trustee. Minority STEMrelated Grant for disadvantaged minority youth. Tax records are available from 2022 to 2024. According to available records, Ada R Carmon Foundation has made 5 grants totaling $91K, with a median grant of $17K. Annual giving has decreased from $51K in 2022 to $39K in 2023. Individual grants have ranged from $17K to $20K, with an average award of $18K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Minority STEMrelated Grant for disadvantaged minority youth
Expenses: $20K
Minority STEMrelated Grant for disadvantaged minority youth. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NJ.
Ada R Carmon Foundation has distributed a total of $91K across 5 grants. The median grant size is $17K, with an average of $18K. Individual grants have ranged from $17K to $20K.
The application deadline is Due to ARCF by 5th eachday month. Ensure Grantee ongrade academics STEMFocus SciTechEngMathENGL.
Ada R Carmon Foundation is headquartered in SOMERSET, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wilbur G Carmon Sr | ChairmanManaging Tste | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$305K
Fair Market Value
N/A
Net Worth
$305K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$91K
Average Grant
$18K
Median Grant
$17K
Unique Recipients
2
Most Common Grant
$17K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ceder Hill Prep SchoolEnsure Grantee ongrade academics STEMfocus SciTechMathENGL | Somerset, NJ | $20K | 2023 |
| Cedar Hill Prepatory SchoolMinority Students Grants STEM Support | Somerset, NJ | $17K | 2022 |