Adco Foundation Inc
Adco Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $510K in total assets. In 2024, it awarded 10 grants totaling $17K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$510K
-1.7% YoY
Annual Giving
$17K
-57.7% YoY
Grant Count
10
-9.1% YoY
Avg Grant Size
$2K
-53.5% YoY
Under IRS private-foundation payout rules, Adco Foundation Inc reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About Adco Foundation Inc
Based on IRS filings
Adco Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $510K in total assets. In 2024, it awarded 10 grants totaling $17K. Net investment income was $24K.
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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 | $509,721 | $518,488 | $548,100 |
| Revenue | $49,227 | $23,086 | $31,209 |
| Expenses | $75,525 | $104,177 | $53,330 |
| Qualifying Distributions | $50,591 | $77,937 | $30,302 |
| Net Investment Income | $24,293 | — | $9,878 |
| Distributable Amount | $25,121 | $25,438 | $28,994 |
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
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Graduate Center Foundation ($5,000), Byelye Avery Fund - Cuny School of Public Health Foundation ($3,000), Adco Student Fund ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 1473 WOMEN & JUSTICE PROJECTS JACKSON HEIGHTS, NY | COMMUNITY SERVICE | $1,090 |
| ADCO STUDENT FUND NEW YORK, NY | FUND STUDENT RESEARCH AND TRAVEL | $2,000 |
| BYELYE AVERY FUND - CUNY SCHOOL OF PUBLIC HEALTH FOUNDATION NEW YORK, NY | COMMUNITY SERVICE - MATCHING GRANT | $3,000 |
| CENTER FOR CUBAN STUDIES BROOKLYN, NY | COMMUNITY SERVICE | $500 |
| COLLECTIVE POWER AMHERST, MA | COMMUNITY SERVICE | $1,000 |
| GRADUATE CENTER FOUNDATION NEW YORK, NY | LEITH MULLINGS MEMORIAL LECTURE: FACILITATING A DIALOGUE AROUND SOCIAL JUSTICE AND COMMUNITY ORGANIZING | $5,000 |
| INTER FAITH VOICES FOR REPRODUCTIVE FOR JUSTICE ATLANTA, GA | TO ESTABLISH A NAMED PROFESSORSHIP | $1,500 |
| NEW PRESS NEW YORK, NY | COMMUNITY SERVICE | $500 |
| SEE CALABASAS, CA | COMMUNITY SERVICE - RAPP CAMPAIGN | $1,000 |
| WOMEN AGAINST GUN VIOLENCE LOS ANGELES, CA | COMMUNITY SERVICE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANA DAVIS | SECRETARY | 12 | $23,900 |
| MICHELLE FINE | DIRECTOR | 5 | $4,500 |
| EMILY GOODMAN | DIRECTOR | 5 | $6,000 |
| ALIA MULLINGS TYNER | DIRECTOR | 5 | $9,000 |
Frequently Asked Questions
How large is Adco Foundation Inc?
As of 2024, Adco Foundation Inc holds $510K in total assets with $49K in annual revenue. It awarded 10 grants totaling $17K in 2024.
Where does Adco Foundation Inc operate?
Adco Foundation Inc has awarded grants in Alabama, California, District of Columbia, Florida, Georgia, Illinois, Massachusetts, New York, Texas, Washington.
What size grants does Adco Foundation Inc award?
In 2024, Adco Foundation Inc awarded 10 grants totaling $17K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Adco Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Adco Foundation Inc reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Adco Foundation Inc's EIN?
Adco Foundation Inc's EIN (Employer Identification Number) is 23-7268285. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Adco 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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