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Servate Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2018. The principal officer is Foundation Source. It holds total assets of $1.3M. Annual income is reported at $621K. Total assets have grown from $343K in 2019 to $1.3M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Servate Foundation has made 3 grants totaling $36K, with a median grant of $15K. Annual giving has grown from $5K in 2021 to $31K in 2022. Individual grants have ranged from $5K to $15K, with an average award of $12K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Colorado and Ohio. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Servate Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CO, OH.
Servate Foundation has distributed a total of $36K across 3 grants. The median grant size is $15K, with an average of $12K. Individual grants have ranged from $5K to $15K.
Servate Foundation typically selects its grantees rather than accepting unsolicited proposals.
Servate Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald J Vance Jr | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$36K
Average Grant
$12K
Median Grant
$15K
Unique Recipients
2
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fellowship Of Catholic University StudentsGeneral & Unrestricted | Denver, CO | $15K | 2022 |
| Catholic Youth Summer Camp IncGeneral & Unrestricted | Centerburg, OH | $5K | 2021 |