Ascension Foundation is located in Sanford, FL. The organization was established in 2015. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ascension Foundation 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 12/2021, Ascension Foundation generated $177.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $176.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ascension Foundation has awarded 14 individual grants totaling $405,974. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE HEALTH, WELLBEING AND EDUCATION OF THE PEOPLE IN AFRICA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Patterson Director | 6 | $0 | |
Hannah Patterson Director | 6 | $0 | |
Daniel A Patterson President | 6 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $177,000 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $177,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,891 |
Total operating and administrative expenses | $1,891 |
Contributions, gifts, grants paid | $174,550 |
Total expenses and disbursements | $176,441 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,471 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $5,000 |
Total assets | $6,471 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $24,043 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $24,043 |
Over the last fiscal year, Ascension Foundation has awarded $174,550 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
TACGH TRADE FAIR INTERNATIONAL PURPOSE: CHURCH SUPPORT | $71,500 |
MARY PATTERSON PURPOSE: CHURCH, FARM PROJECT | $56,000 |
OSBYNA YAMOAH PURPOSE: EDUCATION, HOSTEL FEES, MEALS | $11,000 |
NII ODOI PATTERSON PURPOSE: EDUCATION, TUITION, MEALS | $10,000 |
YAMOAH LADY RHYDAY PURPOSE: EDUCATION, TUITION, MEALS | $9,800 |
ASTEM ABRAHAM PURPOSE: EDUCATION, TUITION, MEALS | $9,500 |
Organization Name | Assets | Revenue |
---|---|---|
Junior Achievement Of Georgia Inc Atlanta, GA | $25,901,404 | $11,179,246 |
Junior Achievement Of South Florida Coconut Creek, FL | $18,159,004 | $3,932,079 |
Gray Matters Capital Inc Atlanta, GA | $45,313,464 | $11,858,965 |
Instiglio Miami, FL | $750,033 | $2,766,361 |
Junior Achievement Of Tampa Bay Tampa, FL | $13,350,619 | $4,510,507 |
Chalmers Center For Economic Development At Covenant College Lookout Mountain, GA | $1,151,964 | $2,299,914 |
Junior Achievement Of Central Florida Inc Orlando, FL | $1,871,118 | $1,781,050 |
Junior Achievement Of Greater Miami Miami, FL | $710,234 | $1,615,229 |
Junior Achievement Of The Palm Beaches & Treasure Coast West Palm Beach, FL | $1,189,125 | $1,514,386 |
Junior Achievement Of North Florida Jacksonville, FL | $1,174,755 | $1,101,516 |
Junior Achievement Of Alabama Inc Birmingham, AL | $1,023,017 | $1,342,591 |
The Social Enterprise Fund Inc Winter Park, FL | $10,781 | $501,011 |