NEW YORK, NY

Americas Future Through Academic Progress Inc.

Also known as: PROGRESS INC

Quick Facts

EIN: 133562338
Location: NEW YORK, NY
Phone: (917) 520-6382
Category: General
Total Assets: $73K
Annual Income: $25K
IRS Ruling Year: 1991
Organization Type: Non-Operating Foundation
Principal Officer: % Robert T Kesten
Tax Deductibility: Contributions are deductible

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About This Foundation

Americas Future Through Academic Progress Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1991. The principal officer is % Robert T Kesten. It holds total assets of $73K. Annual income is reported at $25K. Educational Support. According to available records, Americas Future Through Academic Progress Inc. has made 8 grants totaling $73K, with a median grant of $8K. Annual giving has grown from $15K in 2020 to $24K in 2023. Individual grants have ranged from $834 to $21K, with an average award of $9K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Florida and New York. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

Educational Support

Expenses: $19K

Frequently Asked Questions

What does Americas Future Through Academic Progress Inc. fund?

Educational Support. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in FL, NY.

How much does Americas Future Through Academic Progress Inc. give in grants?

Americas Future Through Academic Progress Inc. has distributed a total of $73K across 8 grants. The median grant size is $8K, with an average of $9K. Individual grants have ranged from $834 to $21K.

How do I apply for a grant from Americas Future Through Academic Progress Inc.?

Americas Future Through Academic Progress Inc. typically selects its grantees rather than accepting unsolicited proposals.

Where is Americas Future Through Academic Progress Inc. located?

Americas Future Through Academic Progress Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.

Key People & Compensation (2022)

Name	Title	Compensation	Benefits	Total
Robert T Kesten	President	$0	$0	$0
Suzanne Kesten	Vice President	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$25K

2023-23%

Total Assets

$95K

2023+4%

Fair Market Value

2023

Net Worth

$95K

2023

Grants Paid

$24K

2023

Contributions

$20K

2023

Net Investment Income

$3K

2023

Distribution Amount

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Revenue Sources (2023)

Contributions: $20K
Other Income: $6K
Capital Gains (Net): $2K
Dividends: $1K

Financial Details (2023)

Total Revenue: $29K
Total Expenses: $25K
Exempt Purpose Expenses: $24K
Required Distribution: $0
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $41
Tax Due: $41

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$73K

Average Grant

$9K

Median Grant

$8K

Unique Recipients

Most Common Grant

$3K

Grant Disbursements by Year

Grant Range

Min$834

Max$21K

Median: $8K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

FL$64K (5)

NY$7K (2)

Past Grantees

Recipient	Location	Amount	Year
The Sarasota Cuban Ballet SchoolScholarship	Sarasota, FL	$21K	2023
American Ballet TheatreScholarship	New York, NY	$3K	2023
Prix De LausanneScholarship	Lausanne	$3K	2022
NasmSCHOLARSHIP	Sarasota, FL	$834	2020