Adapt the World Labs Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in MIDDLEBORO, MA. IRS filing data is available for 2021. As of 2021, the organization holds $85K in total assets. In 2021, it made $10K in qualifying distributions. Net investment income was $16K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
$85K
Revenue
$16K
Qualifying Distributions
$10K
Expenses
$16K
Under IRS private-foundation payout rules, Adapt the World Labs Inc reported a distributable amount of $4K for 2021 — the minimum it must pay out in qualifying distributions.
About Adapt the World Labs Inc
Based on IRS filings
Adapt the World Labs Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in MIDDLEBORO, MA. IRS filing data is available for 2021. As of 2021, the organization holds $85K in total assets. In 2021, it made $10K in qualifying distributions. Net investment income was $16K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2021 |
|---|---|
| Total Assets | $85,377 |
| Revenue | $16,135 |
| Expenses | $16,135 |
| Qualifying Distributions | $10,034 |
| Net Investment Income | $16,135 |
| Distributable Amount | $3,713 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2021
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2021.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jacob Lacourse | President | 10 | — |
| Jacob Lacourse | Treasurer | 10 | — |
| Beth Lacourse | Clerk | 10 | — |
| Beth Lacourse | Director | 10 | — |
| John Aroujo | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Adapt the World Labs Inc?
Adapt the World Labs Inc is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in MIDDLEBORO, MA. It holds $85K in total assets as of 2021.
How large is Adapt the World Labs Inc?
As of 2021, Adapt the World Labs Inc holds $85K in total assets with $16K in annual revenue.
How much is Adapt the World Labs Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Adapt the World Labs Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Adapt the World Labs Inc's EIN?
Adapt the World Labs Inc's EIN (Employer Identification Number) is 82-5446855. IRS Form 990 filing data is available on this page for 2021.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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