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THE EDVANCEMENT FOUNDATION CORPORATION
GREAT NECK, NY · EIN 863844309 · Form 990PF · FY2025 · NTEE B12 · Education · Small ($100K-$1M)
revenue
$847K
expenses
$6K
net assets
$2.8M
employees
—
profile · synthesized from sources

The Edvancement Foundation Corporation is a private foundation based in New York that supports educational initiatives through grantmaking. The organization funds a range of educational programs and institutions, including museums, youth-focused nonprofits, and academic organizations. Its giving focuses on advancing educational access and resources for students and communities.

named programs · 1 · from sources

What they call their work

Educational Grant Program
Provides financial support to educational institutions and nonprofits focused on advancing learning opportunities for students and the public.
activities · 1 group

What they do

  • General Operating Support Grants 1 activity
    • Funding educational initiatives through grants to nonprofit organizations
      The Edvancement Foundation Corporation funds educational initiatives by awarding grants to nonprofit organizations. In the reporting period, it awarded multiple grants ranging from $2,000 to $100,000 to institutions such as the New York Hall of Science, American Museum of Natural History, and USTC Initiative Foundation, among others.
financials · form 990PF · fy2025
revenue
Total revenue$847K
Contributions & grants$800K94%
Program service revenue——
Investment income$12K1%
Other revenue$35K
expenses
Total expenses$6K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$100K
balance sheet
Total assets$2.80M
Cash—
Investments—
Liabilities—
Net assets$2.80M
5 years on record · 2021–2025 · YoY revenue +12.5%
relationships · 6

Who they work with

  • AMERICAN MUSEUM OF NATURAL HISTORY Partner — Repeated recipient of grants for educational purposes, including $3,600 in 2024, $2,600 in 2023, and $4,500 total in 2022.
  • JACOB A RIIS NEIGHBORHOOD Partner — Recipient of a $10,000 grant for educational purposes in 2024.
  • NEW YORK HALL OF SCIENCE Partner — Recipient of a $10,000 grant for educational purposes in 2024.
  • SCHWAB CHARITABLE Partner — Recipient of a $20,000 grant for educational purposes in 2024.
  • TRUSTEE OF PHILLIPS ACADEMY Partner — Recipient of a $40,000 grant for educational purposes in 2023.
  • USTC INITIATIVE FOUNDATION Partner — Recipient of a $100,000 grant for educational purposes in 2025.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.