Foundation for Advanced Philanthropy Inc logo

Foundation for Advanced Philanthropy Inc

Public charity · Grantmaker Indianapolis, IN EIN: 27-3308754 Website

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.

Key facts about Foundation for Advanced Philanthropy Inc

In short: Foundation for Advanced Philanthropy Inc gave $2.1M across 1 grant in 2023 (avg $2.1M). Source: 2023 IRS Form 990.

EIN
27-3308754
Latest 990 filing
Form 990, 2023
Annual giving (2023)
$2,055,137
Grants made (2023)
1
Average grant
$2,055,137
Median grant
$2,055,137
Total assets
$142,562,560

Data from IRS Form 990, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990 · 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

How Foundation for Advanced Philanthropy Inc gives

  • Giving grew 1009% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

About Foundation for Advanced Philanthropy Inc

Based on IRS filings

Foundation for Advanced Philanthropy Inc is a public charity, 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 grant totaling $2.1M. Net investment income was $588K.

Your AI grants department

Ready to take the next step with Foundation for Advanced Philanthropy Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2020 1 grant2021 1 grant2022 1 grant2023

From 2020 to 2023, annual grant giving ranged from $185K (2020) to $2.1M (2023). In 2023 it made 1 grant totaling $2.1M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K2$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Various 501(C)(3) Orgs —$2,055,137

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2020 2021 2022 2023
Metric202320222021
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
Net Investment Income$588,428$549,673$387,670

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Foundation for Advanced Philanthropy Inc is led by Jason L. Crace, CEO & Director on every filing since 2020; 1 of 2 officers listed in 2023 is compensated.

Officers on the 2023 filing

  • Jason L. Crace

    CEO & Director

    On filings since 2020

    20 hrs/week

    $250K (2021) → $185K (2023)

  • Barry D. Silbermann

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Jason L Crace — CEO/Director: $185KJason L CraceCEO/Director$185K

The highest reported compensation on the 2023 filing was $185K, to Jason L Crace (CEO/Director).

Frequently asked questions about Foundation for Advanced Philanthropy Inc

How much does Foundation for Advanced Philanthropy Inc give each year?

Foundation for Advanced Philanthropy Inc gave $2.1M across 1 grant in 2023, according to its 2023 IRS Form 990. In 2022 it gave $896K across 1 grant.

How large is Foundation for Advanced Philanthropy Inc?

Foundation for Advanced Philanthropy Inc reported $142.6M in total assets on its 2023 IRS Form 990. Its revenue that year was $39.3M.

What is Foundation for Advanced Philanthropy Inc's EIN?

Foundation for Advanced Philanthropy Inc's EIN (Employer Identification Number) is 27-3308754. IRS Form 990 filing data is available on this page for 2020–2023.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Your AI grants department

Here's the math on researching Foundation for Advanced Philanthropy Inc by hand.

Explore Open Grants

Browse active grant opportunities in Foundation for Advanced Philanthropy Inc's focus areas in our free grants database

Similar Funders

Similar funders in Indiana

Lilly Endowment Inc

Indianapolis, IN

Lilly Endowment funds community development, education and youth, and religion, with a national reach—especially in religion—and a particular commitment to Indianapolis and Indiana. Its 2025 grants had a median of $100,000, though awards ranged widely; the profile does not state whether it accepts unsolicited requests.

Assets

$105.9B

Grants

2,285

Total Given

$3.9B

Central Indiana Community Foundation Inc

Indianapolis, IN

Through its funds and collaborative entities, CICF supports a broad range of charitable work, including equity, food access, childcare, arts, nature, and youth programs, primarily in Central Indiana. Its 2024 grants had a median award of $25,000; some funds offer competitive applications, while others are invitation-only, and CICF itself does not directly award grants.

Philanthropy, Voluntarism & Grantmaking

Assets

$583.5M

Grants

525

Total Given

$31.1M

United Way of Central Indiana Inc

Indianapolis, IN

United Way of Central Indiana funds nonprofits addressing basic needs, early learning, economic mobility, safe and affordable housing, and organizational capacity in Boone, Hamilton, Hancock, Hendricks, Marion, Morgan, and Putnam counties. Its 2025 grants ranged from $86 to $1.74 million, with a median of $16,238. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$255.2M

Grants

370

Total Given

$29.9M

Lumina Foundation for Education Inc

Indianapolis, IN

Lumina Foundation funds research, policy, technical assistance, and initiatives that expand equitable access to education and credentials beyond high school, with a national focus. Its 2024 grants ranged from $500 to $2.51 million, with a median of $12,500. It says it does not accept unsolicited requests; funding is primarily proactive, with occasional open calls for proposals.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.5B

Grants

357

Total Given

$30.0M

Round Room Gives Inc

Fishers, IN

Round Room Gives supports community organizations and local charitable activities, including education, family services, health, and animal welfare, with grants across about 40 states. In 2024, grants ranged from $250 to $140,000, with a median of $3,452. It accepts applications through an online form on an ongoing basis; applicants must be 501(c)(3) organizations with a TCC employee sponsor.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.4M

Grants

357

Total Given

$1.8M

University of Notre Dame du Lac

Notre Dame, IN

The University of Notre Dame du Lac funds university priorities such as student aid, Catholic mission, academics, research and athletics, and also supports other nonprofits, including educational, research and community organizations. Its 2025 grants had a median of $30,480 (ranging from $5,500 to $36.5 million) and went to organizations in Indiana and other states; the profile does not state whether it accepts unsolicited requests.

Education

Assets

$29.6B

Grants

462

Total Given

$84.8M

Indianapolis Center for Congregations Inc

Indianapolis, IN

The Center funds Indiana congregations’ focused projects, including resource needs such as consulting, planning, software, and education, as well as eligible equity-related work. Its 2024 grants had a median of $25,000 (ranging from $5,077 to $100,000); Resource Grants are matching grants of up to $25,000. Applicants are directed to contact a resource consultant, but whether unsolicited requests are accepted is not stated.

Assets

$62.6M

Grants

336

Total Given

$7.6M

Nina Mason Pulliam Charitable Trust

Indianapolis, IN

The Trust funds nonprofits serving people in need, animal welfare, conservation and environmental awareness, and community enrichment, primarily in Marion County, Indiana, and Maricopa County, Arizona; environmental grants may support work across Indiana and Arizona. Most grants are under $250,000, with a median of $35,000; listed maximums are $250,000 for non-environmental requests and $10,000 for environmental requests. It does not accept unsolicited requests; applications are by invitation only.

Philanthropy, Voluntarism & Grantmaking

Assets

$441.1M

Grants

328

Total Given

$22.7M

Nicholas H Noyes Jr Memorial

Carmel, IN

The foundation funds charitable organizations and educational institutions in arts and culture, education, health and human services, civic and community service, religion, and environmental initiatives, primarily in greater Indianapolis and central Indiana, including Indiana colleges and universities. In 2025, grants ranged from $2,500 to $300,000, with a median of $10,000. It accepts unsolicited requests through a letter of intent during designated application windows; full proposals are by invitation only.

Assets

$157.9M

Grants

305

Total Given

$6.4M

Community Foundation of Elkhart County Inc

Elkhart, IN

The Community Foundation of Elkhart County funds charitable work, with current priorities in career pathways, kids and families, and placemaking, as well as grants shaped by donor-restricted funds. Its 2025 grants ranged from $5,100 to $2,718,258, with a median of $25,000, primarily supporting organizations and residents connected to Elkhart County. It accepts ongoing applications for requests under $25,000; larger requests have set application dates, and applicants should first contact a program officer.

Assets

$501.7M

Grants

301

Total Given

$35.3M

Welborn Baptist Foundation Inc

Evansville, IN

Welborn Baptist Foundation funds early education, healthy communities, Christ-centered communities, and nonprofit capacity building in southwestern Indiana, southeastern Illinois, and Henderson, Kentucky. In 2024, grants ranged from $12 to $166,817, with a median of $4,760. Application materials and annual deadlines are available on its website; the Christ-Centered Living program is invitation-only.

Philanthropy, Voluntarism & Grantmaking

Assets

$96.4M

Grants

274

Total Given

$4.0M

National Collegiate Athletic Association

Indianapolis, IN

The NCAA funds college sports, including member conferences and schools, championships, student-athlete programs, coaching and athletics administration, and academic initiatives. Its 2025 grants ranged from $5,000 to $61.9 million, with a median of $16,228; recipients were across the United States, with the largest reported shares in Texas, North Carolina, Illinois, and Alabama. The profile does not state whether the NCAA accepts unsolicited requests.

Assets

$1.1B

Grants

591

Total Given

$627.8M

More Funders in Indiana

Foundation for Advanced Philanthropy Inc down — hundreds of funders to go?

Want AI to do this for you?