Ace Foundation Inc
The Ace Foundation was established to support educational projects and events that enhance the public education system and increase student achievement. The mission of the foundation is to enhance the educational opportunities of charter school students by providing financial and community-based resources to supplement charter school programs and initiatives.the purpose of the organization is to allocate resources to improve the education effort through initiatives such as teacher and school grants, student scholarships, and recognition of educational excellence. The organization conducts fundraising activities and sponsors annual events such as art auctions/recognition ceremonies to raise funds for educational not-for profit entities in the community.
Ace Foundation Inc at a glance
In short: Ace Foundation Inc gave $15K across 3 grants in 2024 (avg $5K), mostly in Florida. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $15,000
- -7.8% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $5,000
- -7.8% vs 2023
- Median grant
- $5,000
- Total assets
- $1,151,651
- -11.6% vs 2023
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Ace Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Theodore R and Thelma a Gibson Charter School ($5K). Together the top 3 received $15K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 9 grants of 11 (82%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Ace Foundation Inc gives
- Giving grew 36% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $11K (2021) to $178K (2020). In 2024 it made 3 grants totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Theodore R and Thelma a Gibson Charter School Miami, FL | To Support Education | $5,000 |
| Pinecrest Academy Inc Miami, FL | To Support Education | $5,000 |
| Mater Academy Inc Miami, FL | To Support Education | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $1,151,651 | $897,884 | $1,061,352 | $15,000 | 3 |
| 2023 | $1,302,294 | $1,097,700 | $995,219 | $16,262 | 3 |
| 2022 | $1,199,813 | $2,078,496 | $1,061,205 | $56,000 | 2 |
| 2021 | $187,474 | $405,816 | $393,856 | $11,005 | 1 |
| 2020 | $223,585 | $562,946 | $527,537 | $178,186 | 2 |
About Ace Foundation Inc
Based on IRS filings
Ace Foundation Inc is a public charity focused on Education, based in Miami, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $15K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Ace Foundation Inc is led by Charles A. Gibson, Director & President on every filing since 2020; 2 of 10 officers listed in 2024 are compensated.
Officers on the 2024 filing
Charles A. Gibson
Director & President
On filings since 2020
5 hrs/week
No compensation reported
Daniel Diaz
Executive Director
On filings since 2020
14 hrs/week
No compensation reported
Anitere Flores
Director of Development
Employee → Director of Development, 2022
On filings since 2020
40 hrs/week
$150K (2020) → $150K (2024)
Shannie Sadesky
Director of Communications
Employee → Director of Communications, 2022
On filings since 2020
40 hrs/week
$142K (2020) → $134K (2024)
Ana Maria Zulueta
Director
On filings since 2020
1 hr/week
No compensation reported
Athena Guillen
Director
On filings since 2020
1 hr/week
No compensation reported
Eleonora Cuesta
Secretary & Director
Secretary → Secretary & Director, 2022
On filings since 2020
6 hrs/week
No compensation reported
Lilian Zulueta
Director
On filings since 2020
1 hr/week
No compensation reported
Ryan Reeves
Treasurer & Director
Treasurer → Treasurer & Director, 2022
On filings since 2020
6 hrs/week
No compensation reported
Susie Dopico
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $150K, to Ms Anitere Flores (Director of Development). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Ace Foundation Inc
How much does Ace Foundation Inc give each year?
Ace Foundation Inc gave $15K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $16K across 3 grants.
What is Ace Foundation Inc's typical grant size?
Ace Foundation Inc's median grant in 2024 was $5,000, and its average grant was $5,000, across 3 grants on its 2024 IRS Form 990.
Where does Ace Foundation Inc give grants?
Ace Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Miami, FL (3 grants).
Does Ace Foundation Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Ace Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "To Support Education" (3 grants).
How large is Ace Foundation Inc?
Ace Foundation Inc reported $1.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $898K.
What is Ace Foundation Inc?
Ace Foundation Inc is a public charity focused on Education, based in Miami, FL. It holds $1.2M in total assets as of 2024.
What is Ace Foundation Inc's EIN?
Ace Foundation Inc's EIN (Employer Identification Number) is 26-0302036. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Ace Foundation Inc's focus areas in our free grants database
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