The Ad Philanthropic Fund Inc is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 34 grants totaling $367K. Net investment income was $548K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
+4.3% YoY
Annual Giving
$367K
+45.1% YoY
Grant Count
34
+17.2% YoY
Avg Grant Size
$11K
+23.7% YoY
Under IRS private-foundation payout rules, The Ad Philanthropic Fund Inc reported a distributable amount of $421K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ad Philanthropic Fund Inc
Based on IRS filings
The Ad Philanthropic Fund Inc is a private foundation focused on Education, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 34 grants totaling $367K. Net investment income was $548K.
Focus Areas
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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 | $4,214,509 | $4,042,357 | $4,159,350 |
| Revenue | $552,966 | $170,857 | $267,913 |
| Expenses | $380,814 | $287,850 | $349,766 |
| Qualifying Distributions | $370,980 | $269,754 | $310,749 |
| Net Investment Income | $547,729 | $152,871 | $238,104 |
| Distributable Amount | $421,111 | $361,910 | $358,717 |
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
121 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Columbia Law School ($50,000), Morristown Beard School ($50,000), University of Notre Dame ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACHIEVE FOUNDATION MAPLEWOOD, NJ | GENERAL SUPPORT | $5,000 |
| ALZHEIMERS FAMILY SUPPORT CENTER BREWSTER, MA | GENERAL SUPPORT | $2,000 |
| ASYLUM SEEKER ADVOCACY PROJECT NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| CAMP PA QUA TUCK CENTER MORICHES, NY | GENERAL SUPPORT | $5,000 |
| CANCER SERVICE OF GREATER BATON ROUGE BATON ROUGE, LA | GENERAL SUPPORT | $1,000 |
| CAPE ABILITIES HYANNIS, MA | GENERAL SUPPORT | $2,000 |
| CAPE COD HEALTHCARE FOUNDATION HYANNIS, MA | GENERAL SUPPORT | $10,000 |
| CHALLENGER ATHLETICS INC BAY SHORE, NY | GENERAL SUPPORT | $5,000 |
| CHAMP HOMES HYANNIS, MA | GENERAL SUPPORT | $2,000 |
| CHEYENNE RIVER YOUTH PROJECT EAGLE BUTTE, SD | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDRA CARTER | PRESIDENT / TREASURER | 2 | — |
| JOHN A CARTER | SECRETARY | 1 | — |
| RICHARD J CARTER III | DIRECTOR | 1 | — |
| DIANA REGAN CARTER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Ad Philanthropic Fund Inc?
The Ad Philanthropic Fund Inc is a private foundation focused on Education, based in NEW YORK, NY. It holds $4.2M in total assets as of 2024.
How large is The Ad Philanthropic Fund Inc?
As of 2024, The Ad Philanthropic Fund Inc holds $4.2M in total assets with $553K in annual revenue. It awarded 34 grants totaling $367K in 2024.
Where does The Ad Philanthropic Fund Inc operate?
The Ad Philanthropic Fund Inc has awarded grants in Arizona, Colorado, District of Columbia, Indiana, Louisiana, Massachusetts, Maryland, New Jersey, New York, South Dakota, Virginia.
What size grants does The Ad Philanthropic Fund Inc award?
In 2024, The Ad Philanthropic Fund Inc awarded 34 grants totaling $367K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is The Ad Philanthropic Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ad Philanthropic Fund Inc reported a distributable amount of $421K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ad Philanthropic Fund Inc's EIN?
The Ad Philanthropic Fund Inc's EIN (Employer Identification Number) is 13-6092857. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Ad Philanthropic Fund Inc'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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