Foundation for Advanced
THE FOUNDATION FOR ADVANCED PHILANTHROPY IS DEDICATED TO RESTORING AND ADVANCING DONOR INVOLVEMENT BY THE FOUNDATION NETWORKING WITH OTHER FOUNDATIONS IN NEED OF FUNDING AID AND BY INCREASING ACCESS, EDUCATION AND RESEARCH OPPORTUNITY NATIONALLY IN ORDER TO BETTER EFFECT THE LIVES OF THOSE IN NEED.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$142.6M
+20.8% YoY
Annual Giving
$2.1M
+129.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.1M
+129.4% YoY
About Foundation for Advanced
Based on IRS filings
Foundation for Advanced is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $142.6M in total assets. In 2023, it awarded 1 grants totaling $2.1M. Net investment income was $588K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $142,562,560 | $117,993,330 | $95,466,152 |
| Revenue | $39,321,229 | $30,434,971 | $23,104,166 |
| Expenses | $12,773,051 | $10,211,032 | $976,801 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $588,428 | $549,673 | $387,670 |
| 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 1 recipients in 2023
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JASON L CRACE | CEO/DIRECTOR | 20 | $185,000 |
| BARRY D SILBERMANN | BOARD MEMBER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Alatash Foundation Inc
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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