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Adelante Educational Foundation is a private corporation based in UNDERWOOD, IA. The foundation received its IRS ruling in 1968. The principal officer is Noel Leistad. It holds total assets of $1.1M. Annual income is reported at $1.4M. Total assets have grown from $543K in 2010 to $916K in 2022. The foundation is governed by 10 officers and trustees. Scholarships to 9 individuals. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Iowa. According to available records, Adelante Educational Foundation has made 62 grants totaling $92K, with a median grant of $2K. The foundation has distributed between $15K and $31K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $31K distributed across 17 grants. Individual grants have ranged from $155 to $4K, with an average award of $1K. The foundation has supported 36 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$155
Median Grant
$2K
Average Grant
$1K
Largest Grant
$3K
Based on 20 grants from the most recent 990-PF filing.
Scholarships to 16 individuals
Expenses: $17K
Scholarships to 9 individuals. Based on available records, the foundation has funded 62 grants. Its grantmaking reaches organizations primarily in IA.
Adelante Educational Foundation has distributed a total of $92K across 62 grants. The median grant size is $2K, with an average of $1K. Individual grants have ranged from $155 to $4K.
Adelante Educational Foundation typically selects its grantees rather than accepting unsolicited proposals. Scholarships to members of adelante fraternity.
Adelante Educational Foundation is headquartered in UNDERWOOD, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alex Lundgren | PRESIDENT | $0 | $0 | N/A |
| Noel Leistad | TREASURER | $0 | $0 | N/A |
| Steve Spencer | SECRETARY | $0 | $0 | N/A |
| Todd Lundgren | DIRECTOR | $0 | $0 | N/A |
| Steve Bruening | DIRECTOR | $0 | $0 | N/A |
| Tom Pohl | DIRECTOR | $0 | $0 | N/A |
| Jake Mickelson | DIRECTOR | $0 | $0 | N/A |
| Craig Wallace | DIRECTOR | $0 | $0 | N/A |
| Kieran Carter | DIRECTOR | $0 | $0 | N/A |
| Carlos Ramirez | DIRECTOR | $0 | $0 | N/A |
Total Giving
$65K
Total Assets
$916K
Fair Market Value
$949K
Net Worth
$916K
Grants Paid
$15K
Contributions
$9K
Net Investment Income
$66K
Distribution Amount
$45K
Total: $890K
Total Grants
62
Total Giving
$92K
Average Grant
$1K
Median Grant
$2K
Unique Recipients
36
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jacob PooleSCHOLARSHIP | Ames, IA | $4K | 2023 |
| Paddy BasovskySCHOLARSHIP | Ames, IA | $4K | 2023 |
| Will DenySCHOLARSHIP | Ames, IA | $2K | 2023 |
| Carloa RamirezSCHOLARSHIP | Ames, IA | $2K | 2023 |
| Adam SchwebachSCHOLARSHIP | Ames, IA | $2K | 2023 |
| Brandon ZaragozaSCHOLARSHIP | Ames, IA | $563 | 2023 |
| Nathan Vander WerffSCHOLARSHIP | Ames, IA | $562 | 2023 |
| Brandon GundersonSCHOLARSHIP | Ames, IA | $438 | 2023 |
| Mitchell JungeSCHOLARSHIP | Ames, IA | $437 | 2023 |
| Cole ZemanSCHOLARSHIP | Ames, IA | $3K | 2022 |
| Tomosu MenningSCHOLARSHIP | Ames, IA | $3K | 2022 |
| Henry ReynalSCHOLARSHIP | Ames, IA | $2K | 2022 |
| Griffen JodlowskiSCHOLARSHIP | Ames, IA | $2K | 2022 |
| Cole KellySCHOLARSHIP | Ames, IA | $2K | 2022 |
| Brandon TimmermanSCHOLARSHIP | Ames, IA | $2K | 2022 |
| Dawson BarnettSCHOLARSHIP | Ames, IA | $2K | 2022 |
| Eric IversonSCHOLARSHIP | Ames, IA | $2K | 2022 |
| Tyler ChristiansSCHOLARSHIP | Ames, IA | $2K | 2022 |
| Steven TranSCHOLARSHIP | Ames, IA | $343 | 2022 |
| Joshua JongkySCHOLARSHIP | Ames, IA | $187 | 2022 |
| Max DietrichSCHOLARSHIP | Ames, IA | $155 | 2022 |
| Johnation MichiganSCHOLARSHIP | Ames, IA | $155 | 2022 |
| Kale BrouwerSCHOLARSHIP | Ames, IA | $155 | 2022 |
| Nathan WerffSCHOLARSHIP | Ames, IA | $2K | 2021 |
| Timothy CookeSCHOLARSHIP | Ames, IA | $2K | 2021 |
| Matthew McdowellSCHOLARSHIP | Ames, IA | $2K | 2021 |
| Gabe JohnsonSCHOLARSHIP | Ames, IA | $2K | 2021 |
| Dawson BarrettSCHOLARSHIP | Ames, IA | $2K | 2021 |
| Benjamin AbrahamSCHOLARSHIP | Ames, IA | $265 | 2021 |
| Jidong SunSCHOLARSHIP | Ames, IA | $265 | 2021 |