Achievement Foundation Inc
THE ACHIEVEMENT FOUNDATION, BY USING ITS FINANCIAL RESOURCES, DEDICATES ITSELF TO DEVELOPING A BETTER UNDERSTANDING OF THE FREE ENTERPRISE SYSTEM BY YOUNG PEOPLE. THE ACHIEVEMENT FOUNDATION MAKES GRANTS TO JUNIOR ACHIEVEMENT USA ITS AFFILIATES AND BENEFICIARIES IN SUPPORT OF THE FOUNDATION'S MISSION, MAKES LOANS TO JUNIOR ACHIEVEMENT AREAS IN FINANCIAL NEED, AND MAKES SCHOLARSHIPS TO STUDENTS WHO HAVE COMPLETED JUNIOR ACHIEVEMENT PROGRAMS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
+14.2% YoY
Annual Giving
$346K
+20.2% YoY
Grant Count
13
+30.0% YoY
Avg Grant Size
$27K
-7.6% YoY
About Achievement Foundation Inc
Based on IRS filings
Achievement Foundation Inc is a nonprofit organization, based in WATERTOWN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 13 grants totaling $346K. Net investment income was $72K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,493,443 | $5,684,881 | $5,204,649 |
| Revenue | $133,148 | $157,363 | $450,812 |
| Expenses | $466,231 | $399,067 | $288,307 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $71,951 | $107,546 | $432,316 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Junior Achievement Usa ($52,500), Junior Achievement of Central Maryland Inc ($35,000), Junior Achievement of Delaware Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Junior Achievement of Delaware Inc Wilmington, DE | Program Support | $25,000 |
| Junior Achievement of the Chisholm Trail Inc Ft Worth, TX | Program Support | $25,000 |
| Junior Achievement of Western Massachusettes Inc Springfield, MA | Program Support | $25,000 |
| Junior Achievement of Western Connecticut Inc Bridgeport, CT | Program Support | $25,000 |
| Junior Achievement of Michigan Great Lakes Inc Grand Rapids, MI | Program Support | $25,000 |
| Junior Achievement of North Central Ohio Inc CANTON, OH | Program Support | $25,000 |
| Junior Achievement of Kentuckyana Inc Louisville, KY | Program Support | $25,000 |
| Junior Achievement of Central Maryland Inc Baltimore, MD | Program Support | $35,000 |
| Junior Achievement of San Diego County Inc San Diego, CA | Program Support | $25,000 |
| Junior Achievement of East Tennessee Inc Clinton, TN | Program Support | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIM HEMAK | BOARD CHAIR | 1 | — |
| R CHADWICK PAUL JR | SECRETARY | 1 | — |
| TOM KUSHNER | TREASURER | 1 | — |
| CATHY FRANCOMANO | BOARD MEMBER | 1 | — |
| CHRIS WHITE | BOARD MEMBER | 1 | — |
| DONNA STONE BUCHANAN | BOARD MEMBER | 1 | — |
| GINA BLANEY | BOARD MEMBER | 1 | — |
| JACK KOSAKOWSKI | BOARD MEMBER | 1 | — |
| JOHN CAREY | BOARD MEMBER | 1 | — |
| KURT SNYDER | Board Member | 1 | — |
| MIKE HANNIGAN JR | BOARD MEMBER | 1 | — |
| NORMAN FLEMING | BOARD MEMBER | 1 | — |
| SANDRA BEACH LIN | BOARD MEMBER | 1 | — |
| TIM GREINERT | BOARD MEMBER | 1 | — |
| PAUL BRADY | EXECUTIVE DIRECTOR | 1 | $17,013 |
Frequently Asked Questions
How large is Achievement Foundation Inc?
As of 2024, Achievement Foundation Inc holds $6.5M in total assets with $133K in annual revenue. It awarded 13 grants totaling $346K in 2024.
Where does Achievement Foundation Inc operate?
Achievement Foundation Inc has awarded grants in Alaska, California, Colorado, Connecticut, Delaware, Kentucky, Massachusetts, Maryland, Michigan, Minnesota, Ohio, Tennessee, Texas.
What size grants does Achievement Foundation Inc award?
In 2024, Achievement Foundation Inc awarded 13 grants totaling $346K — an average of about $27K per grant, based on its IRS Form 990 filings.
What is Achievement Foundation Inc's EIN?
Achievement Foundation Inc's EIN (Employer Identification Number) is 13-6130107. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Achievement Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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