Ada Foundation

Organization Overview

Ada Foundation is located in Chicago, IL. The organization was established in 1965. According to its NTEE Classification (H03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ada 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 12/2023, Ada Foundation generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Ada Foundation has awarded 99 individual grants totaling $4,724,450. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ADA FOUNDATION PROVIDES CHARITABLE ASSISTANCE FOR THE DENTAL COMMUNITY AND WORKS TO IMPROVE ORAL HEALTH BY SUPPORTING ACCESS TO CARE, RESEARCH AND EDUCATION PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACCESS TO CARE: PROMOTE AND FUND PROGRAMS THAT BRING ORAL CARE AND EDUCATION TO LOW-INCOME COMMUNITIES AND UNDERSERVED AREAS WHERE PEOPLE MIGHT NOT OTHERWISE RECEIVE DENTAL CARE.


EDUCATION: HELP ACADEMICALLY GIFTED PREDOCTORAL DENTAL STUDENTS DEFRAY A PART OF THEIR PROFESSIONAL EDUCATION EXPENSES. ALSO, PROVIDE AWARDS TO ORGANIZATIONS THAT SUPPORT PROGRAMS TO IMPROVE CHILDREN'S DENTAL HEALTH BY EDUCATING PARENTS, CAREGIVERS AND PREGNANT WOMEN ON THE VALUE OF GOOD DENTAL HEALTH.


RESEARCH: PERFORM RESEARCH ACTIVITIES TO ENCOURAGE THE IMPROVEMENT OF THE HEALTH OF THE PUBLIC & TO PROMOTE THE ART AND SCIENCE OF DENTISTRY.


CHARITABLE ASSISTANCE: PROVIDE CHARITABLE ASSISTANCE TO THE DENTAL COMMUNITY AND THEIR FAMILIES IN NEED. THIS INCLUDES PROVIDING RELIEF GRANTS TO AID MEMBERS OF THE DENTAL PROFESSION AND THEIR DEPENDANTS WHO, BECAUSE OF ACCIDENTAL INJURY, ADVANCED AGE, PHYSICALLY DELIBITATING ILLNESS OR A MEDICAL CONDITION PREVENTS THEM FROM BEING GAINFULLY EMPLOYED, RESULTING IN THE INABILITY TO BE WHOLLY SELF-SUSTAINING.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Adaf Chairman Of The Board (ending Sep 2023)/ Ada Trustee
$0
Name Not Listed
Adaf Chairman Of The Board (starting Sep 2023)/ Ada Trustee
$0
Name Not Listed
Director
$0
Name Not Listed
Director / Ada Trustees
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Key Ip Law Group Pllc
Legal Services
$323,550
Roberts & Roberts Consulting Llc
Management Consultants
$120,857
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$25,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$169,460
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$194,460
Total Program Service Revenue$0
Investment income $462,084
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,431,031
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,094,822

Grants Awarded

Over the last fiscal year, Ada Foundation has awarded $45,521 in support to 2 organizations.

Grant RecipientAmount

AMERICAN DENTAL ASSOCIATION

PURPOSE: PUBLIC SUPPORT

$40,521

ACADEMY OF GENERAL DENTISTRY FOUNDATION

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$5,000
View Grant Profile

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