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Adco Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1974. The principal officer is Lutz & Carr. It holds total assets of $510K. Annual income is reported at $429K. Total assets have decreased from $939K in 2011 to $510K in 2024. The foundation is governed by 5 officers and trustees. Provided grants to various organizations for community service. Tax records are available from 2015 to 2024. According to available records, Adco Foundation Inc. has made 14 grants totaling $44K, with a median grant of $2K. Annual giving has grown from $5K in 2022 to $39K in 2023. Individual grants have ranged from $250 to $10K, with an average award of $3K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Washington, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Provided grants to various organizations for community service
Expenses: $54K
Provided grants to various organizations for community service. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY, DC, WA.
Adco Foundation Inc. has distributed a total of $44K across 14 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $250 to $10K.
The application deadline is GRANTS TO BE REVIEWED TWO TIMES ANNUALLY.. Limited to new york area and progressive community support groups.
Adco Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dana Davis | SECRETARY | $26K | $0 | $26K |
| Emily Goodman | DIRECTOR | $5K | $0 | $5K |
| Alia Mullings Tyner | DIRECTOR | $3K | $0 | $3K |
| Michelle Fine | DIRECTOR | $3K | $0 | $3K |
| Leith Mullings | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$510K
Fair Market Value
N/A
Net Worth
$510K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$44K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
13
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City LimitsGALA BENEFIT | New York, NY | $500 | 2023 |
| Teaching For ChangeGENERAL OPERATIONS | Washington, DC | $10K | 2023 |
| New York Abortion Access FundCOMMUNITY SERVICE | New York, NY | $10K | 2023 |
| Graduate Center FoundationFACILITATING A DIALOGUE AROUND SOCIAL JUSTICE AND COMMUNITY ORGANIZING | New York, NY | $5K | 2023 |
| Avenues For JusticeGENERAL OPERATIONS | New York, NY | $5K | 2023 |
| Right To CounselGENERAL OPERATIONS | New York, NY | $5K | 2023 |
| Fortune SocietyGALA BENEFIT | Long Island City, NY | $2K | 2023 |
| Attica Brothers FoundationGENERAL OPERATIONS | Vancouver, WA | $1K | 2023 |
| Parole Preparation ProjectGALA BENEFIT | New York, NY | $250 | 2023 |
| Tittle Wish And LettersGALA BENEFIT | Mchenry, IL | $250 | 2023 |
| The Fortune SocietyCOMMUNITY SERVICE | Long Island City, NY | $2K | 2022 |
| The Nation InstituteCOMMUNITY SERVICE | New York, NY | $2K | 2022 |
| Asian American Legal Defense FundCOMMUNITY AFFAIRS | New York, NY | $300 | 2022 |