The Ivy Foundation
- Assets
- $476.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/1988
- Data as of
- 12/2022
- EIN
- 52-1542302
Organization Overview
The Ivy Foundation is located in Washington, DC. The organization was established in 1988. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Ivy 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 12/2022, Ivy Foundation generated $9.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.4%) each year. All expenses for the organization totaled $35.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SCHOLARSHIPS AWARDED TO YOUTH AND OTHER ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Harrison Board Member | 2 | $0 | |
Kimberly Jackson Board Member | 2 | $0 | |
Courtney A Coffey Chairperson | 2 | $0 | |
Patricia Khan Treasurer | 2 | $0 | |
Rosalie H Stroman Executive Director | 2 | $0 | |
Ferial S Bishop Parliamentarian | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,260 |
| Total Program Service Revenue | $17,187 |
| Membership dues | $13,623 |
| Investment income | $3,192 |
| Gain or Loss | -$35,167 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,095 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,119 |
| Occupancy, rent, utilities, and maintenance | $8,880 |
| Printing, publications, postage, and shipping | $869 |
| Other expenses | $19,054 |
| Total expenses | $35,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $476,181 |
| Other assets | $0 |
| Total assets | $476,181 |
| Total liabilities | $0 |
| Net assets or fund balances | $476,181 |