Foundation for Advanced Philanthrophy
9763 Westpoint Dr, Indianapolis, IN · IRS data through FY2023
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2023 | $39,321,229 | $12,773,051 | $142,430,404 |
| FY2022 | $30,434,971 | $10,211,032 | $117,862,278 |
| FY2021 | $23,104,166 | $976,801 | $95,466,152 |
| FY2020 | $12,999,994 | $651,316 | $73,338,787 |
| FY2019 | $19,314,038 | $907,169 | $60,997,720 |
| FY2018 | $11,446,065 | $479,853 | $42,590,851 |
| FY2017 | $9,218,668 | $203,008 | $31,624,639 |
| FY2016 | $5,698,753 | $452,202 | $22,608,979 |
| FY2015 | $14,800,866 | $540,892 | $17,362,428 |
| FY2014 | $2,401,008 | $1,127 | $3,102,454 |
| FY2013 | $450,005 | $43,939 | $702,573 |
| FY2012 | $164,611 | $22,592 | $296,507 |
| FY2011 | $0 | $0 | $154,488 |
Form 990 filings
The returns filed by Foundation for Advanced Philanthrophy (EIN 27-3308754), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $27,319,441 | 69% |
| Program service revenue | $11,413,360 | 29% |
| Investment income | $588,428 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $12,773,051 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 69% of total revenue in FY2023.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2023. That is higher than 97.5% of 40 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Net assets covered about 133.8 months of expenses at the end of the reporting year. That puts it in the 55th percentile among 899 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Total revenue was higher than 98.9% of 925 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IN.
- Total revenue rose from $0 in FY2011 to $39,321,229 in FY2023. Revenue increased in 10 and decreased in 2 of 12 year-over-year comparisons.
- Revenue covered expenses in each of the 13 reported years, FY2011 to FY2023.
- Net assets grew from $154,488 to $142,430,404 between FY2011 and FY2023.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE FOUNDATION FOR ADVANCED PHILANTHROPY IS DEDICATED TO RESTORING AND ADVANCING DONOR INVOLVEMENT BY THE FOUNDATION NETWORKING WITH OTHER FOUNDATIONS IN NEED OF FUNDING AID AND BY INCREASING ACCESS, EDUCATION AND RESEARCH OPPORTUNITY NATIONALLY IN ORDER TO BETTER EFFECT THE LIVES OF THOSE IN NEED.
IRS status
| Ruling year | 2010 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T99 — Philanthropy, Voluntarism & Grantmaking Foundations (in IN) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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