Fund for the Advancement of Education
Fund for the Advancement of Education is a private foundation, based in VALHALLA, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $155K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$155K
+3.1% YoY
Annual Giving
$2K
-36.7% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1K
-36.7% YoY
Under IRS private-foundation payout rules, Fund for the Advancement of Education reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Fund for the Advancement of Education
Based on IRS filings
Fund for the Advancement of Education is a private foundation, based in VALHALLA, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $155K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $5K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $154,837 | $150,240 | $147,946 |
| Revenue | $6,812 | $5,807 | $5,270 |
| Expenses | $2,215 | $3,513 | $16,494 |
| Qualifying Distributions | $2,215 | $3,500 | $16,494 |
| Net Investment Income | $5,155 | $4,653 | $3,613 |
| Distributable Amount | $8,128 | $7,424 | $8,044 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various ($1,715), B Foundation ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| B FOUNDATION WILMINGTON, DE | GENERAL DONATION | $500 |
| VARIOUS VARIOUS, NY | DONATION | $1,715 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| N PAUL LOOMBA | PRESIDENT | 0.5 | — |
| MARK WHELAN | TREASURER | 0.5 | — |
| MARY ADAMS LOOMBA | SECRETARY | 0.5 | — |
Frequently Asked Questions
How large is Fund for the Advancement of Education?
As of 2024, Fund for the Advancement of Education holds $155K in total assets with $7K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Fund for the Advancement of Education operate?
Fund for the Advancement of Education has awarded grants in Delaware, New York.
What size grants does Fund for the Advancement of Education award?
In 2024, Fund for the Advancement of Education awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Fund for the Advancement of Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fund for the Advancement of Education reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fund for the Advancement of Education's EIN?
Fund for the Advancement of Education's EIN (Employer Identification Number) is 23-6395395. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Fund for the Advancement of Education'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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