ADVANCECT FOUNDATION INC

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Plain text ADVANCECT FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2020–2025. https://furp.org/org/advancect-foundation-inc-844530545. Retrieved 2026-11-02.

APA furp.org. (n.d.). ADVANCECT FOUNDATION INC [Nonprofit organization profile; tax years 2020–2025]. Retrieved November 2, 2026, from https://furp.org/org/advancect-foundation-inc-844530545

MLA “ADVANCECT FOUNDATION INC.” furp.org, tax years 2020–2025, https://furp.org/org/advancect-foundation-inc-844530545. Accessed 2 Nov. 2026.

Retrieved 2026-11-02; covers tax years 2020–2025. Data: furp.org, CC BY 4.0.

2025 · Form 990 · revenue $6K · expenses $2K · assets $188K

EIN
84-4530545
Address
470 JAMES ST STE 9, NEW HAVEN, CT 06513-3175
NTEE code
S30
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
February 2020 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
Foundation status
Public charity supported by the public (170(b)(1)(a)(vi))
Cross-check
ProPublica Nonprofit Explorer

Mission

ADVANCECT FOUNDATION ADDRESSES ECONOMIC INEQUALITY IN CONNECTICUT THROUGH FUNDING WORKFORCE DEVELOPMENT AND SKILLS TRAINING, PARTICULARLY TARGETING DISTRESSED COMMUNITIES.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
John W Bourdeaux PRESIDENT2023-2025 $312,860$617,246 2

Officers and directors, no compensation reported

5 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
James Smith CHAIR2020-2025 1 $0 reported 2
Margaret Keane TREASURER2022-2025 1 $0 reported 2
Donald Kendall Jr SECRETARY2020-2025 1 $0 reported 2
Peter Denious CEO2023-2025 1 $0 reported 1
Indra Nooyi (former) TREASURER2020-2021 1 $0 reported 4

People by year

2025 · 5 people listed · 1 paid, $313K · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOHN W BOURDEAUX PRESIDENT1 $0$294,592$18,268 $312,8602
JAMES SMITH CHAIR1 $0$0$0 $02
MARGARET KEANE TREASURER1 $0$0$0 $02
DONALD KENDALL JR SECRETARY1 $0$0$0 $02
PETER DENIOUS CEO1 $0$0$0 $01
2024 · 5 people listed · 1 paid, $304K · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOHN W BOURDEAUX PRESIDENT1 $0$280,000$24,386 $304,3862
JAMES SMITH CHAIR1 $0$0$0 $02
MARGARET KEANE TREASURER1 $0$0$0 $02
DONALD KENDALL JR SECRETARY1 $0$0$0 $02
PETER DENIOUS CEO1 $0$0$0 $01
2023 · 5 people listed · none paid · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JAMES SMITH CHAIR1 $0$0$0 $02
MARGARET KEANE TREASURER1 $0$0$0 $02
DONALD KENDALL JR SECRETARY1 $0$0$0 $02
PETER DENIOUS CEO1 $0$0$0 $01
JOHN W BOURDEAUX PRESIDENT1 $0$0$0 $02
2022 · 3 people listed · none paid · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JAMES SMITH CHAIR1 $0$0$0 $02
MARGARET KEANE TREASURER1 $0$0$0 $02
DONALD KENDALL JR SECRETARY1 $0$0$0 $02
2021 · 3 people listed · none paid · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JAMES SMITH CHAIR1 $0$0$0 $02
INDRA NOOYI TREASURER1 $0$0$0 $04
DONALD KENDALL JR SECRETARY1 $0$0$0 $02
2020 · 3 people listed · none paid · 0 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JAMES SMITH CHAIR1 $0$0$0 $02
INDRA NOOYI TREASURER1 $0$0$0 $04
DONALD KENDALL JR SECRETARY1 $0$0$0 $02

Highest-paid independent contractors

2020 · 1 contractor · $900K
NameLocationServicePaid
MCKINSEY & COMPANY INCWASHINGTON, DCCONSULTING$900,000

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2023 · 3 grants to organizations · $24K

Listed grants add up to $24,000; the return's “grants paid” expense line says $30,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2022 · 3 grants to organizations · $27K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990 period ending 2025-12-31 · view filing · original 990 ↗
$6,424$2,125 $187,732$187,732 $0$0 $000
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$52,816$2,065 $183,433$183,433 $50,000$0 $000
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$51,005$43,855 $132,682$132,682 $50,000$0 $000
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$73,500$69,429 $125,532$125,532 $73,500$0 $000
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$50,000$75 $121,536$121,461 $50,000$0 $000
2020 · Form 990 period ending 2020-12-31 · view filing · original 990 ↗
$1,005,500$933,964 $71,536$71,536 $1,005,500$0 $000

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

2 grantors reported grants to this organization, $500,000 in all, tax years 2019 to 2019. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor Exact 2019 1$450,000 2019$450,000
show
FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC DAF sponsor Exact 2019 1$50,000 2019$50,000
show

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
CONNECTICUT BUSINESS LEADERSHIP NETWORK INCCTS30 $5,562$10,725 Director$0 Same NTEE code S30, revenue within 2x, same state
BOLDSKY FOUNDATIONSCS30 $4,804$5,974 President$0 Same NTEE code S30, revenue within 2x
CLAIBORNE COUNTY CHAMBER AND ECD FOUNDATION INCTNS30 $12,000$4,516 VICE CHAIRMA$0 Same NTEE code S30, revenue within 2x
GREENSBOROS FOUNDATION FOR THE FUTURE INCGAS30 $7,004$3,275 Chairman$0 Same NTEE code S30, revenue within 2x
MANA UP FOUNDATIONHIS30 $7,352$28,455 DIRECTOR$0 Same NTEE code S30, revenue within 2x
IGNITE INNOVATION TECHNOLOGY FOUNDATIONFLS30 $10,866$11,395 CHAIRMAN$0 Same NTEE code S30, revenue within 2x
THE DECENCY FOUNDATIONPAS30 $11,814$17,044 CO FOUNDER$0 Same NTEE code S30, revenue within 2x
ONE FLORIDA FOUNDATION INCFLS30 $9,237$8,907 DIRECTOR$0 Same NTEE code S30, revenue within 2x, similar name
TIPTON COUNTY ECONOMIC DEVELOPMENT FOUNDATION INCINS30 $9,034$36,754 PRESIDENT$0 Same NTEE code S30, revenue within 2x
CHESTER DEVELOPMENT FOUNDATIONSCS30 $5,355$979 PRESIDENT$0 Same NTEE code S30, revenue within 2x
MARENGO COUNTY ECONOMIC AND INDUSTRIAL DEVELOPMENT FOUNDATIONALS30 $4,875$4,885 CHAIRMAN$0 Same NTEE code S30, revenue within 2x
LAWRENCE COUNTY ECONOMIC DEVELOPMENT FOUNDATIONTNS30 $5,597$16,870 DIRECTOR$0 Same NTEE code S30, revenue within 2x
ALLIANCE FOR NATIONAL & COMMUNITY RESILIENCE INCILS30 $5,000$505 CHAIR$0 Same NTEE code S30, revenue within 2x
SPRINGFIELD INNOVATION INCMOS30 $3,264$2,382 Vice Chair$0 Same NTEE code S30, revenue within 2x
RESEARCH FOUNDATION OF FROSTBURG STATE UNIVERSITYMDS30 $10,912$1,300 VICE PRESIDE$0 Same NTEE code S30, revenue within 2x
GREATER SHELBY COUNTY COMMUNITY FOUNDATIONALS30 $10,002$13,318 PAST CHAIR$0 Same NTEE code S30, revenue within 2x
MOBERLY COMMUNITY FOUNDATIONMOS30 $12,000$1,651 DIRECTOR$0 Same NTEE code S30, revenue within 2x
PERDIDO KEY ASSOCIATION INCFLS30 $12,291$12,301 SECRETARY$0 Same NTEE code S30, revenue within 2x
COMMUNITY INVOLVEMENT ENDOWMENT INCMNS30 $4,217$495,939 PRESIDENT/ CHAIR$0 Same NTEE code S30, revenue within 2x
LP-EC QUALITY DESTINATION INCNYS30 $9,629$15,561 PRESIDENT$0 Same NTEE code S30, revenue within 2x
EVANSVILLE SPORTS CORPORATIONINS30 $11,593$45,366 MEMBER-AT-LARGE$278,673 Same NTEE code S30, revenue within 2x
FLAMING GORGE COMMUNITY FOUNDATIONUTS30 $4,474$5,002 President$0 Same NTEE code S30, revenue within 2x
ALLIANCE FOR REGIONAL COOPERATIONDCS30 $3,843$4,327 Executive Director$0 Same NTEE code S30, revenue within 2x
GROVE CITY REVITALIZATION INCPAS30 $3,793$9,792 CHAIRMAN$0 Same NTEE code S30, revenue within 2x
IRONWORKZ CORPORATIONINS30 $8,036$6,069 CHIEF EXECUTIVE OFFICER$0 Same NTEE code S30, revenue within 2x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
COMMUNITY FOUNDATION OF GREATER MEMPHIS INC DAF sponsor$3,237,5733 12019–2021 SOUTHEAST REGIONAL DEVELOPMENT CORPORATION
SILICON VALLEY COMMUNITY FOUNDATION DAF sponsor$2,494,5423 12020–2022 MONTERRA COMMUNITY FUND
SPARTANBURG COUNTY FOUNDATION DAF sponsor$390,5002 12014–2015 INNOVATIVE RURAL DEVELOPMENT CORPORATION
CHARLSON MEADOWS Private foundation$175,8501 12015–2015 COMMUNITY INVOLVEMENT ENDOWMENT INC
GORDON GUND AND LLURA LIGGETT GUND 1993 CHARITABLE FOUNDATION Private foundation$150,0001 12021–2021 THE DECENCY FOUNDATION
FIDELITY INVESTMENTS CHARITABLE GIFT FUND funds this one DAF sponsor$120,0006 42017–2021 HUDSON VALLEY ECONOMIC DEVELOPMENT NETWORK INC; OLD SEAPORT ALLIANCE; THE 3RD INC; OPPORTUNITIES INCORPORATED
KRESGE FOUNDATION Private foundation$100,0001 12020–2020 SOUTHEAST REGIONAL DEVELOPMENT CORPORATION
THE COMMUNITY FOUNDATION OF HOWARD COUNTY INC DAF sponsor$75,8004 12021–2024 THE 3RD INC
ADIRONDACK COMMUNITY FOUNDATION INC DAF sponsor$67,6007 12014–2024 LP-EC QUALITY DESTINATION INC
COMMUNITY FOUNDATION OF THE OZARKS INC DAF sponsor$50,4991 12018–2018 WEST PLAINS ECONOMIC DEVELOPMENT CORPORATION
TRADEWIND GROUP FOUNDATION Private foundation$50,0002 12023–2024 MANA UP FOUNDATION
VERMONT COMMUNITY FOUNDATION DAF sponsor$47,5002 12020–2022 OPPORTUNITIES INCORPORATED
COMMUNITY FOUNDATION OF WESTERN PENNSYLVANIA AND EASTERN OHIO DAF sponsor$40,0002 12023–2024 GROVE CITY REVITALIZATION INC
GREATER GREEN BAY COMMUNITY FOUNDATION INC DAF sponsor$33,2502 12021–2022 NORTHWOODS NIIJII ENTERPRISE COMMUNITY INC
PAYPAL CHARITABLE GIVING FUND DAF sponsor$28,3642 22022–2023 UNION UNITED INC; THE 3RD INC

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2025 · Form 990 · $2,125 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: accounting $2,000-$2,000- 94.1%
All other expenses $125-$125- 5.9%
Total$2,125100%

View the filing

2024 · Form 990 · $2,065 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: accounting $2,000-$2,000- 96.9%
Fees: other services $50-$50- 2.4%
Other (as described)BANK FEES $15-$15- 0.7%
Total$2,065100%

View the filing

2023 · Form 990 · $43,855 spent · pay $0 · grants $30,000 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $30,000$30,000-- 68.4%
Fees: accounting $13,191-$13,191- 30.1%
Advertising and promotion $510$510-- 1.2%
Other (as described)BANK FEES $79$79-- 0.2%
Fees: other services $75-$75- 0.2%
Total$43,855100%

View the filing

2022 · Form 990 · $69,429 spent · pay $0 · grants $27,000 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)MEDIATION PROJECT $36,470$36,470-- 52.5%
Grants to US individuals $27,000$27,000-- 38.9%
Fees: accounting $4,000-$4,000- 5.8%
Other (as described)OTHER $1,909$1,909-- 2.7%
Fees: other services $50-$50- 0.1%
Total$69,429100%

View the filing

2021 · Form 990 · $75 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)OTHER $75-$75- 100.0%
Total$75100%

View the filing

2020 · Form 990 · $933,964 spent · pay $0 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Fees: other services $900,000$900,000-- 96.4%
Fees: legal $30,934-$30,934- 3.3%
All other expenses $3,000$3,000-- 0.3%
Other (as described)BANK FEES $30-$30- 0.0%
Total$933,964100%

View the filing

State business registration

The same business name in the same state, from the state’s official registry data.

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