Foundation for the Advancement
Foundation for the Advancement is a private foundation focused on Children and youth, based in SCOTTSVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $416K in total assets. In 2024, it awarded 10 grants totaling $24K. Net investment income was $128K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$416K
-30.9% YoY
Annual Giving
$24K
-31.3% YoY
Grant Count
10
-37.5% YoY
Avg Grant Size
$2K
+9.9% YoY
Under IRS private-foundation payout rules, Foundation for the Advancement reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Foundation for the Advancement
Based on IRS filings
Foundation for the Advancement is a private foundation focused on Children and youth, based in SCOTTSVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $416K in total assets. In 2024, it awarded 10 grants totaling $24K. Net investment income was $128K.
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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 | $416,261 | $602,804 | $816,853 |
| Revenue | $257,797 | $177,990 | $165,819 |
| Expenses | $433,593 | $391,265 | $307,710 |
| Qualifying Distributions | $100,950 | $87,196 | $88,737 |
| Net Investment Income | $128,091 | $81,445 | $62,216 |
| Distributable Amount | $33,746 | $42,600 | $54,064 |
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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Raleigh Music Collective ($20,000), American String Teachers ($1,000), Emma Goldberg ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| RALEIGH MUSIC COLLECTIVE RALEIGH, NC | TO PROVIDE SUPPORT | $20,000 |
| AMERICAN STRING TEACHERS FAIRFAX, VA | TO PROVIDE SUPPORT | $1,000 |
| EMMA GOLDBERG HOFFMAN ESTATES, IL | TO PROVIDE SUPPORT | $500 |
| DORY THOMPSON MAIZE, KS | TO PROVIDE SUPPORT | $500 |
| JOSEPH ALCOCER ROSWELL, NM | TO PROVIDE SUPPORT | $420 |
| BRIAN HADLEY RICHFIELD, MN | TO PROVIDE SUPPORT | $400 |
| SOPHIA BUTLER MINNEAPOLIS, MN | TO PROVIDE SUPPORT | $400 |
| VICTORIA PETRAK ELKHART, IN | TO PROVIDE SUPPORT | $350 |
| SIFAIS | TO PROVIDE SUPPORT | $260 |
| WOODLAND ELEMENTARY SCHOOL MILFORD, MA | TO PROVIDE SUPPORT | $175 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBRA LYLE | EXECUTIVE DI | 40 | $78,677 |
| TINA KRALL | PRESIDENT | 2 | — |
| LAUREL EVANS | CO-SECRETARY | 2 | — |
| BRYANNA PORTER | CO-SECRETARY | 2 | — |
| FELIPE MORALES-TORRES | DIRECTOR | 40 | $62,616 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for the Advancement?
Foundation for the Advancement is a private foundation focused on Children and youth, based in SCOTTSVILLE, VA. It holds $416K in total assets as of 2024.
How large is Foundation for the Advancement?
As of 2024, Foundation for the Advancement holds $416K in total assets with $258K in annual revenue. It awarded 10 grants totaling $24K in 2024.
Where does Foundation for the Advancement operate?
Foundation for the Advancement has awarded grants in Arizona, Georgia, Illinois, Indiana, Kansas, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, New Mexico, Nevada, New York, Texas, Virginia, Washington, Wisconsin.
What size grants does Foundation for the Advancement award?
In 2024, Foundation for the Advancement awarded 10 grants totaling $24K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Foundation for the Advancement required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation for the Advancement reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foundation for the Advancement's EIN?
Foundation for the Advancement's EIN (Employer Identification Number) is 36-2980311. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation for the Advancement'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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