The 2492 Fund is associated with The Institute for Educational Advancements Inc., a private foundation based in Atlanta, Georgia. The organization's telephone number is 770-420-2492, which corresponds to the fund's numerical designation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$158K
-20.5% YoY
Grant Count
38
-33.3% YoY
Avg Grant Size
$4K
+19.3% YoY
Under IRS private-foundation payout rules, The 2492 Fund reported a distributable amount of $111K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Institute for Educational Advancements Inc. is dedicated to providing merit scholarships for educational advancement and excellence with the goal of increasing pre-college, college, and graduate level attendance, performance, and graduation rates in the United States.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Professional Societies & Associations
Grantmaking
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Geographic Focus
Where this funder awards grants
Primary funding regions include Georgia, Ohio, and Tennessee.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $2,879,221
- Total Annual Giving: $225,777
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $2,528,827 | $2,644,987 |
| Revenue | $132,346 | $91,745 | $121,067 |
| Expenses | $3,223,679 | $220,658 | $195,764 |
| Qualifying Distributions | $3,173,264 | $198,000 | $171,000 |
| Net Investment Income | $81,931 | $71,840 | $71,919 |
| Distributable Amount | $110,854 | $142,222 | $164,139 |
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
238 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Washington National Cathedral ($13,500), Atlanta Memorial Park Conservancy ($10,000), Chattahoochee National Park Conserv ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AGAPE ATLANTA, GA | CHARITABLE | $1,500 |
| ATLANTA CHILDREN'S SHELTER INC ATLANTA, GA | CHARITABLE | $5,000 |
| ATLANTA COMMUNITY FOOD BANK ATLANTA, GA | CHARITABLE | $5,000 |
| ATLANTA HISTORY CENTER ATLANTA, GA | CHARITABLE | $5,000 |
| ATLANTA HUMANE SOCIETY ATLANTA, GA | CHARITABLE | $5,000 |
| ATLANTA MEMORIAL PARK CONSERVANCY ATLANTA, GA | CHARITABLE | $10,000 |
| ATLANTA MISSION ATLANTA, GA | CHARITABLE | $5,000 |
| ATLANTA SYMPHONY ATLANTA, GA | CHARITABLE | $2,500 |
| BEARING BIKE WORKS ATLANTA, GA | CHARITABLE | $5,000 |
| BUCKHEAD HERITAGE SOCIETY ATLANTA, GA | CHARITABLE | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRY L HOWELL | TREASURER | 10 | — |
| HELEN HOWELL | CO- TRUSTEE | 10 | — |
Contact Information
Address: 1266 West Paces Ferry Road, Room 181, Atlanta, GA 30327
Telephone: 770-420-2492
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The 2492 Fund fund?
The Institute for Educational Advancements Inc. is dedicated to providing merit scholarships for educational advancement and excellence with the goal of increasing pre-college, college, and graduate level attendance, performance, and graduation rates in the United States. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Professional Societies & Associations
How do I apply for a grant from The 2492 Fund?
**Grant Amounts:** Typical awards range from $38,000 to $100,000. **Total Giving:** Annual giving totals $225,777. **Geographic Distribution:** The fund primarily makes grants in Georgia, Ohio, and Tennessee.
Where does The 2492 Fund make grants?
Primary funding regions include Georgia, Ohio, and Tennessee.
What size grants does The 2492 Fund award?
In 2024, The 2492 Fund awarded 38 grants totaling $158K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The 2492 Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The 2492 Fund reported a distributable amount of $111K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The 2492 Fund's EIN?
The 2492 Fund's EIN (Employer Identification Number) is 58-2138800. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The 2492 Fund's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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