The Atlantic Advocacy Fund Inc
- Assets
- $20.5k
- Revenue
- $32.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2007
- Data as of
- 12/2020
- EIN
- 20-8293674
Organization Overview
The Atlantic Advocacy Fund Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlantic Advocacy Fund Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Atlantic Advocacy Fund Inc generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (68.5%) each year. All expenses for the organization totaled $12.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Atlantic Advocacy Fund Inc has awarded 12 individual grants totaling $11,665,496. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL WELFARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED 4 GRANTS TOTALING $10 MILLION TO PROMOTE SOCIAL WELFARE BY SUPPORTING ADVOCACY ON BEHALF OF DISADVANTAGED AND VULNERABLE PEOPLE PARTICULARLY IN THE AREAS OF AGEING CHILDREN POPULATION HEALTH AND RECONCILIATION AND HUMAN RIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Lawrence Lightfoot Director | Trustee | 0 | $0 |
David Walsh President | OfficerTrustee | 5 | $0 |
Kristina Nieto Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $32,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,042 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,665,496 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $470,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $250,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,405,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,496 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $20,496 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,496 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,496 |
Grants Awarded
Over the last fiscal year, The Atlantic Advocacy Fund Inc has awarded $11,665,496 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ECHOING GREEN FOUNDATION PURPOSE: To provide general support for Echoing Green and create capacity to explore opportunities for collaboration with the Atlantic Institute and Atlantic Fellows community. | $1,500,000 |
CORNELL UNIVERSITY - OFFICE OF THE PROVOST PURPOSE: For support of the Digital Life Initiative. | $1,000,000 |
CIVIC PARTICIPATION ACTION FUND PURPOSE: To support programs amplifying the voice of disadvantaged and vulnerable populations. | $4,000,000 |
GEORGE WASHINGTON HEALTH WORKFORCE INSTITUTE PURPOSE: To supplement the Atlantic Fellows for Health Equity program at George Washington University. | $3,500,000 |
AMERICAN CONSTITUTION SOCIETY FOR LAW AND POLICY PURPOSE: For core support. | $500,000 |
BEND THE ARC A JEWISH PARTNERSHIP FOR JUSTICE PURPOSE: For general support of Caring Across Generations. | $300,000 |