FOUNDATION FOR ADVANCED PHILANTHROPHY: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR ADVANCED PHILANTHROPHY (EIN 27-3308754)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-04
IRS object ID
201723089349300607
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-04T12:57:50-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN273308754EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR ADVANCEDBusinessNameLine1Txt
Business Name Line2PHILANTHROPY INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone3179913322PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 N MERIDIAN STREET SUITE 917AddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJASON L CRACEPersonNm
Person TitleINTERIM DIRECTORPersonTitleTxt
Phone3179913322PhoneNum
Signature2017-11-04SignatureDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device IdB5AF86BE4C7E2721889D34699BB1C63A1848B6CEAtSubmissionCreationDeviceId
At Submission Filing Device IdC9EA127B1123C2B9B9F7603DADE3E0DDF46E87D1AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2018-03-14 21:41:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerJASON L CRACEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 N MERIDIAN STREETAddressLine1Txt
Address Line2SUITE 917AddressLine2Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,698,753GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ADVANCEDPHILANTHROPY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE 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.ActivityOrMissionDesc
Voting Members Governing Body2VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$14,788,131PYContributionsGrantsAmt
CY Contributions Grants$5,688,000CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$12,735PYInvestmentIncomeAmt
CY Investment Income$10,753CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$14,800,866PYTotalRevenueAmt
CY Total Revenue$5,698,753CYTotalRevenueAmt
CY Grants And Similar Paid$256,591CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$540,892PYOtherExpensesAmt
CY Other Expenses$195,611CYOtherExpensesAmt
PY Total Expenses$540,892PYTotalExpensesAmt
CY Total Expenses$452,202CYTotalExpensesAmt
PY Revenues Less Expenses$14,259,974PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,246,551CYRevenuesLessExpensesAmt
Total Assets BOY$17,362,428TotalAssetsBOYAmt
Total Assets EOY$22,608,979TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,362,428NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,608,979NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$452,202ExpenseAmt
Grant$256,591GrantAmt
DescTHE FOUNDATION SUPPORTS OR DEVELOPS PROGRAMS OR FOUNDATIONS INCLUDING BUT NOT LIMITED TO: 1. MEDICAL INSTITUTIONS, PROGRAM SUPPORT INCLUDING MEDICAL/HEALTH ADVANCES AND ACCESS. CANCER, HEART, DIABETES TREATMENT AND RESEARCH, AND MORE 2. CHILDRENS HEALTH, DEVELOPMENT, PROTECTION AND WELL BEING; 3. AGING CARE, ALZHEIMERS, TREATMENT AND RESEARCH 4. WOMENS ISSUES OF ABUSE AND HEALTH; 5. ANIMAL CARE, WILD LIFE, FISHERIES, IMPROVEMENT AND WELL BEING; 6. PROTECT AND RESTORE OUR ENVIRONMENT 7. EDUCATION AND SCHOLARSHIPS 8. ENTREPRENEURSHIP AND JOB CREATIONDesc
Total Program Service Expenses$452,202TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members2GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJASON L CRACEPersonNm
Phone3179913322PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 N MERIDIAN STREETAddressLine1Txt
Address Line2SUITE 917AddressLine2Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (2 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JASON L CRACE
INTERIM DIREYes (X)Yes (X)$0$0$0
BARRY D SILBERMANN
BOARD MEMBERYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$5,688,000AllOtherContributionsAmt
Total Contributions$5,688,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,753TotalRevenueColumnAmt
Exclusion$10,753ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,698,753TotalRevenueColumnAmt
Exclusion$10,753ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$256,591TotalAmt
Program Services$256,591ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,560TotalAmt
Program Services$8,560ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$29,374TotalAmt
Program Services$29,374ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$81,920TotalAmt
Program Services$81,920ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$274TotalAmt
Program Services$274ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
COMMISSIONS & FEES$75,000$75,000
BANK SERVICE CHARGES$483$483

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$452,202TotalAmt
Program Services$452,202ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,537,060BOYAmt
EOY$223,422EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$3,421,969EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$957,243BOYAmt
EOY$878,578EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$13,868,125BOYAmt
EOY$18,085,010EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$17,362,428BOYAmt
EOY$22,608,979EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$17,362,428BOYAmt
EOY$22,608,979EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,362,428BOYAmt
EOY$22,608,979EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,362,428BOYAmt
EOY$22,608,979EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,246,551ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$155,851CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$400,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,401,008CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,788,131CurrentTaxYearMinus1YearAmt
Current Tax Year$5,688,000CurrentTaxYearAmt
Total$23,432,990TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$155,851CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$400,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,401,008CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,788,131CurrentTaxYearMinus1YearAmt
Current Tax Year$5,688,000CurrentTaxYearAmt
Total$23,432,990TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$23,432,990PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$5CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$12,735CurrentTaxYearMinus1YearAmt
Current Tax Year$10,753CurrentTaxYearAmt
Total$23,493TotalAmt
FieldValueIRS element (for citing)
Total Support$23,456,483TotalSupportAmt
Public Support CY1700.99900PublicSupportCY170Pct
Public Support PY1700.99930PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held29DonorAdvisedFundsHeldCnt
Funds And Other Accounts Held1FundsAndOtherAccountsHeldCnt
Donor Advised Funds Contri$5,688,000DonorAdvisedFundsContriAmt
Donor Advised Funds Vl EOY$18,085,010DonorAdvisedFundsVlEOYAmt
Funds And Other Accounts Vl EOY$878,578FundsAndOtherAccountsVlEOYAmt
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescDAF MASTER INVESTMENT ACCOUNTDesc
Book Value$18,085,010BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$18,085,010TotalBookValueProgramRltdAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable

FieldValueIRS element (for citing)
Cash Grant$256,591CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE 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.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 WAS THOROUGHLY REVIEWED BY EACH BOARD MEMBER, HAVING AMPLE TIME TO MAKE INQUIRIES AS TO THEIR QUESTIONS OR CONCERNS WITH REGARD TO THE FORM. A UNANIMOUS VOTE WAS TAKEN TO APPROVE AND FILE THE FORM 990 IN QUESTION.
FORM 990, PAGE 6, PART VI, LINE 19ALL OGVERNING DOCUMENTS, EXEMPT APPLICATION AND ANNUAL TAX FORMS ARE AVAIALBLE FOR COPY OR INSPECTION UPON RECEIPT OF A RESONABLE REQUEST.
FORM 990, PART IX, LINE 11G81,920 0 0

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