Ascension Foundation
- Assets
- $7.8k
- Revenue
- $131.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Sanford, FL
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 46-3635415
Organization Overview
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 12/2022, Ascension Foundation generated $131.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $130.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ascension Foundation has awarded 23 individual grants totaling $534,794. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE HEALTH, WELLBEING AND EDUCATION OF THE PEOPLE IN AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel A Patterson President | 6 | $0 | |
Mary Patterson Director | 6 | $0 | |
Hannah Patterson Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $131,600 |
| 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 | $131,600 |
| 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 | $1,429 |
| Total operating and administrative expenses | $1,429 |
| Contributions, gifts, grants paid | $128,820 |
| Total expenses and disbursements | $130,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,822 |
| 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 | $7,822 |
| 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 |
Grants Awarded
Over the last fiscal year, Ascension Foundation has awarded $128,820 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ASTEM ABRAHAM PURPOSE: EDUCATION, TUITION, MEALS | $5,600 |
MARY PATTERSON PURPOSE: CHURCH, FARM PROJECT, SCHOLARSHIPS | $36,600 |
NII ODOI PATTERSON PURPOSE: UKRANIAN CRISIS & MEDICAL SCHOOL | $6,250 |
OSBYNA YAMOAH PURPOSE: EXPENSES FOR FARM AND TRUCK | $16,000 |
TACGH TRADE FAIR INTERNATIONAL PURPOSE: CHURCH SUPPORT | $47,000 |
THEODORA OFUSU PURPOSE: UNIVERSITY ACCOMODATION FEES | $500 |