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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

16states
+8 more states

Cities

AlexandriaArlingtonAtlantaAvondale EstatesBooneCamdentonCharlottesvilleDuluthDurhamEast PointHagerstownKnoxvilleLandoverMariettaMcleanMerrifieldMinneapolisMontgomeryNew HavenNew Orleans

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $2,879,221
  • Total Annual Giving: $225,777
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$887K$2M$3M$4M20202021202220232024
Metric202420232022
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

$0$50K$99K$149K$198K58 grants202052 grants202157 grants202257 grants202338 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WASHINGTON NATIONAL CATH…$14KATLANTA MEMORIAL PARK CO…$10KCHATTAHOOCHEE NATIONAL P…$10KYALE BASEBALL ASSOCIATION$10KATLANTA CHILDREN'S SHELT…$5KATLANTA COMMUNITY FOOD B…$5KATLANTA HISTORY CENTER$5KATLANTA HUMANE SOCIETY$5KATLANTA MISSION$5KBEARING BIKE WORKS$5K

Grant Size Distribution

238 grants across all recorded years

238<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HENRY L HOWELLTREASURER10
HELEN HOWELLCO- TRUSTEE10

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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