Ancetre Foundation Inc
- Assets
- $4.8k
- Revenue
- $53.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 81-1571555
Organization Overview
Ancetre Foundation Inc is located in Palm Beach, FL. The organization was established in 2016. 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. Ancetre 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, Ancetre Foundation Inc generated $53.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $61.4k during the year ending 12/2023. While expenses have increased by 6.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ancetre Foundation Inc has awarded 53 individual grants totaling $497,514. 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 |
|---|---|---|---|
Michael Wilkerson President | 0 | $0 | |
Scott Harrison Director | 0 | $0 | |
David Wilkerson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,500 |
| 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 | $53,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,360 |
| Total operating and administrative expenses | $4,135 |
| Contributions, gifts, grants paid | $57,300 |
| Total expenses and disbursements | $61,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,761 |
| 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 | $0 |
| Total assets | $4,761 |
| 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, Ancetre Foundation Inc has awarded $57,300 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ANCIENT PATHS INC PURPOSE: WE STRIVE TO GIVE VOICE TO THE SONG OF THE ABANDONED, THE CRY OF THE OUTCAST, AND THE SILENCE OF THE FORGOTTEN THROUGH CREATIVITY, HEALING, EDUCATION AND COMPASSIONATE ACTION. WE IMAGINE A WORLD WHERE ARTISTS CHANGE THE WAY WE SEE OTHERS, AS WELL AND THE WAY WE SEE OURSELVES. | $8,400 |
CHARITY WATER PURPOSE: TO BRING CLEAN AND SAFE WATER TO PEOPLE AROUND THE WORLD. | $33,000 |
JESUS IMAGE CHURCH PURPOSE: JESUS IMAGE EXISTS TO BRING JESUS TO THE WORLD, BY THE POWER OF THE HOLY SPIRIT. WE WANT THIS REALITY TO PERMEATE OUR HEARTS AND LIVES AS WE LOVE HIM. JESUS IMAGE IS REACHING THE NATIONS WITH JESUS IMAGE CHURCH, JESUS SCHOOL, AND JESUS IMAGE EVENTS. MILLIONS HAVE JOINED US FROM AROUND THE WORLD TO BE A PART OF OUR LIVE-STREAMED MEETINGS AND WORSHIP. | $3,000 |
CHURCH OF THE CITY PURPOSE: IT IS OUR DESIRE TO SEE "THE FAME AND DEEDS OF GOD RENEWED AND KNOWN IN OUR TIME" (HABAKKUK 3:2) BY PURSUING THE TANGIBLE PRESENCE OF GOD, PRACTICING COUNTER-FORMATION IN THE WAY OF JESUS, AND LIVING ON SACRIFICIAL MISSION FOR THE RENEWAL OF THE CITY. WE BELIEVE THAT INTEGRATING THESE THREE THINGS - PRESENCE, FORMATION, AND MISSION IS AT THE HEART OF THE MINISTRY OF JESUS AND IS THE UNIQUE CALLING OF THE CHURCH IN OUR TIME AND PLACE IN HISTORY. | $1,000 |
MANY HOPES INC PURPOSE: TO SUPPORT THE RESCUE OF CHILDREN FROM THE CORRUPTION AND POVERTY THAT EXPLOITS THEM IN KENYA. | $3,400 |
PALM BEACH FOR CHRIST PURPOSE: TO SHARE THE LOVE AND MESSAGE OF JESUS CHRIST WITH PALM BEACH AND THE WORLD. | $500 |