Sn & Ada Ford Fund
- Assets
- $12.0m
- Revenue
- $828.6k
- Investments
- $11.8m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 01/1949
- Data as of
- 12/2022
- EIN
- 34-0842282
Organization Overview
Sn & Ada Ford Fund is located in Brooklyn, OH. The organization was established in 1949. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sn & Ada Ford Fund 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 12/2022, Sn & Ada Ford Fund generated $828.6k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $795.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sn & Ada Ford Fund has awarded 24 individual grants totaling $1,977,912. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $205,224 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $626,204 |
| Capital Gain Net Income | $626,204 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,842 |
| Total Revenue | $828,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $53,614 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,018 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,906 |
| Total operating and administrative expenses | $86,588 |
| Contributions, gifts, grants paid | $709,279 |
| Total expenses and disbursements | $795,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $213,590 |
| 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 | $11,800,895 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,014,485 |
| 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, Sn & Ada Ford Fund has awarded $709,279 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: MEDICAL ASSTANCE FOR NEEDY | $331,000 |
FRIENDLY HOUSE PURPOSE: CAMPERSHIP ASSISTANCE | $25,000 |
HOSPICE OF NORTH CENTRAL OHIO PURPOSE: BEREAVEMENT CAMPERSHIPS | $5,000 |
RICHLAND COUNTY FOUNDATION PURPOSE: GENERAL OPERATING | $50,000 |
AKRON CHILDRENS HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATING | $100,000 |
FAMILY LIFE COUNSELING & PSYCHIATRIC SER PURPOSE: GENERAL OPERATING | $54,574 |