The AD Philanthropic Fund Inc is a private foundation based in New York, NY. Its 2025 filing lists grants to charitable organizations including schools and universities, youth and human-services organizations, and health-related organizations; the listed grant purposes are general support.
Key facts about The Ad Philanthropic Fund Inc
In short: The Ad Philanthropic Fund Inc gave $407K across 33 grants in 2025 (avg $12K), top state New York. 12% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 13-6092857
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $407,000
- Grants made (2025)
- 33
- Average grant
- $12,333
- Median grant
- $5,000
- New grantees (estimate)
- 12% first-time grantees (4 of 33, 2025)
- Total assets
- $4,508,153
- Primary geography
- New York (34% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.5M
+7.0% YoY
Annual Giving
$407K
+10.9% YoY
Grant Count
33
-2.9% YoY
Avg Grant Size
$12K
+14.3% YoY
Under IRS private-foundation payout rules, The Ad Philanthropic Fund Inc reported a distributable amount of $453K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Ad Philanthropic Fund Inc open to new grantees?
12%
first-time grantees, 2025
In 2025, 4 of 33 grantees (12%) were first-time recipients. First grants averaged $3K; repeat grants $14K. How we count
Medians: $3K first-time, $6K repeat.
- 88% of 2025 grantees were also funded in 2024. Method
- Giving grew 44% from 2022 to 2025. Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the fund itself is provided. Its 2025 grantees include organizations with varied missions. For example, the USA Swimming Foundation says it works to strengthen swimming, save lives, build champions, and impact communities. The Asylum Seeker Advocacy Project says it provides legal and community support to asylum seekers and works with members toward a more welcoming United States. The Cheyenne River Youth Project describes itself as a youth and family services organization, while the Maplewood Foundation says it provides financial support to organizations working to improve residents’ quality of life.
Grantmaking
In 2025, the fund made 33 grants totaling $407,000. Grants ranged from $500 to $55,500, with a median of $5,000. Previous filing-year totals were $367,000 across 34 grants in 2024 and $253,000 across 29 grants in 2023.
Among the largest 2025 grants were $55,500 to Morristown-Beard School, $50,000 each to Columbia Law School and the University of Notre Dame, $40,000 to USA Swimming Foundation, and $30,000 to Sierra College. Other notable grants included $25,000 to Georgetown University, $20,000 to Independent Group Home Living, and $15,000 each to Cheyenne River Youth Project and The Maplewood Foundation.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with The Ad Philanthropic Fund Inc?
Geographic Focus
Where this funder awards grants
In 2025, recipients in New York received 34% of grant dollars, followed by New Jersey at 22%, Indiana at 12%, Colorado at 10%, and South Dakota at 6%. The listed grants also include recipients in Washington, DC, and Massachusetts.
Grant Distribution by State
Share of 2025 grant dollars across all 33 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $253K (2023) to $407K (2025). In 2025 it made 33 grants totaling $407K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Morristown Beard School ($56K). Together the top 10 received $311K.
Grant Size Distribution
154 grants across all recorded years
The most common grant size was under $50K: 142 grants of 154 (92%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morristown Beard School Morristown, NJ | General Support | $55,500 |
| Columbia Law School New York, NY | General Support | $50,000 |
| University of Notre Dame South Bend, IN | General Support | $50,000 |
| USA Swimming Foundation Colorado Springs, CO | General Support | $40,000 |
| Sierra College Albany, NY | General Support | $30,000 |
| Georgetown University Washington, DC | General Support | $25,000 |
| Independent Group Home Living Nesconset, NY | General Support | $20,000 |
| Cheyenne River Youth Project Eagle Butte, SD | General Support | $15,000 |
| The Maplewood Foundation Maplewood, NJ | General Support | $15,000 |
| Asylum Seeker Advocacy Project New York, NY | General Support | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2025 | $407,000 | 33 |
| 2024 | $367,000 | 34 |
| 2023 | $253,000 | 29 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,508,153 | $4,214,509 | $4,042,357 |
| Revenue | $754,782 | $552,966 | $170,857 |
| Expenses | $461,138 | $380,814 | $287,850 |
| Qualifying Distributions | $423,900 | $370,980 | $269,754 |
| Net Investment Income | $736,465 | $547,729 | $152,871 |
| Distributable Amount | $452,930 | $421,111 | $361,910 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Alexandra Carter as president and treasurer, John A. Carter as secretary, and Richard J. Carter III and Diana Regan Carter as directors.
The Ad Philanthropic Fund Inc is led by Alexandra Carter, President & Treasurer on every filing since 2021; 2 of 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Alexandra Carter
President & Treasurer
On filings since 2021
2 hrs/week
$30K (2022) → $15K (2025)
Diana Regan Carter
Director
On filings since 2021
1 hr/week
No compensation reported
Richard J. Carter III
Director
On filings since 2021
1 hr/week
No compensation reported
John A. Carter
Secretary
On filings since 2021
1 hr/week
$20K (2022) → $10K (2025)
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $15K, to Alexandra Carter (President / Treasurer). 2 officers or directors reported compensation on that filing.
Contact
Mailing address: Co Mann -Carter Etal 28 Liberty 41, New York, NY 10005
Phone: (212) 238-8758
Frequently asked questions about The Ad Philanthropic Fund Inc
How much does The Ad Philanthropic Fund Inc give each year?
The Ad Philanthropic Fund Inc gave $407K across 33 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $367K across 34 grants.
What is The Ad Philanthropic Fund Inc's typical grant size?
The Ad Philanthropic Fund Inc's median grant in 2025 was $5,000, and its average grant was $12,333, across 33 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Ad Philanthropic Fund Inc that year got $3K on average.
Where does The Ad Philanthropic Fund Inc give grants?
The Ad Philanthropic Fund Inc's top state is New York, with 34% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Jersey (22%) and Indiana (12%). The most frequent recipient cities were New York, NY (5 grants), Maplewood, NJ (3 grants), Hyannis, MA (2 grants) and Orleans, MA (2 grants).
Does The Ad Philanthropic Fund Inc give general operating support?
Yes: 100% of The Ad Philanthropic Fund Inc's 2025 grants with a stated purpose (33 of 33) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Ad Philanthropic Fund Inc's largest grantees?
The Ad Philanthropic Fund Inc's largest 2025 grantees include Morristown Beard School ($55,500), Columbia Law School ($50,000) and University of Notre Dame ($50,000), according to its 2025 IRS Form 990-PF. Together they received 38% of its itemized 2025 grant dollars.
How large is The Ad Philanthropic Fund Inc?
The Ad Philanthropic Fund Inc reported $4.5M in total assets on its 2025 IRS Form 990-PF. It paid out $424K in qualifying distributions that year, against a required minimum of $453K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Ad Philanthropic Fund Inc fund?
No mission statement for the fund itself is provided. Its 2025 grantees include organizations with varied missions. For example, the USA Swimming Foundation says it works to strengthen swimming, save lives, build champions, and impact communities. See mission & focus areas ↑
How do I apply for a grant from The Ad Philanthropic Fund Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2021–2025.
Does The Ad Philanthropic Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching The Ad Philanthropic Fund Inc by hand.
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