Avis Foundation Inc
- Assets
- $49.2m
- Revenue
- $1.4m
- Investments
- $48.4m
- Employees
- 0
- Location
- Upland, IN
- Founding
- 04/2007
- Data as of
- 12/2023
- EIN
- 20-5063209
Organization Overview
Avis Foundation Inc is located in Upland, IN. The organization was established in 2007. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avis Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Avis Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 41.9% each year . All expenses for the organization totaled $3.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Avis Foundation Inc has awarded 61 individual grants totaling $7,337,977. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Darlington President | 1 | $3,000 | |
Marylou Habecker Vice President | 1 | $3,000 | |
Norma Korporal Secretary | 1 | $1,500 | |
Dr Susan Wilczynski Director | 1 | $3,000 | |
Martha Songer Executive Director | 30 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,715,113 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$331,491 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,060 |
| Total Revenue | $1,400,832 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,932 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $624 |
| Printing and publications | $192 |
| Other expenses | $44,745 |
| Total operating and administrative expenses | $350,701 |
| Contributions, gifts, grants paid | $2,700,317 |
| Total expenses and disbursements | $3,051,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $828,801 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,943,078 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,350 |
| Total assets | $49,195,531 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Avis Foundation Inc has awarded $2,700,317 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ALUCIN STUDY CENTER PURPOSE: OPERATIONAL AND PROGRAM SUPPORT | $50,000 |
ANDERSON UNIVERSITY PURPOSE: DANCE PROGRAM AND STUDIO ENHANCEMENT | $250,000 |
BALL STATE UNIVERSITY PURPOSE: SCHOOL NURSES ENHANCING HEALTHCARE SERVICES FOR K-12 STUDENTS WITH AUTISM SPECTRUM DISORDER PROJECT | $219,500 |
BALL STATE UNIVERSITY PURPOSE: PROJECT SPECIAL EDUCATION, ARTS, AND COUNSELING | $168,000 |
CAREY SERVICES PURPOSE: ENHANCING CAREER-READINESS FOR INDIVIDUALS WITH DISABILITIES PROGRAM | $39,500 |
CONNER PRAIRIE PURPOSE: SENSORY ROOM AND INCLUSIVE SIGNAGE IN THE NEW MUSEUM EXPERIENCE CENTER | $166,667 |