Ancetre Foundation Inc
- Assets
- $46.7k
- Revenue
- $268.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/2016
- Data as of
- 12/2021
- 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 12/2021, Ancetre Foundation Inc generated $268.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.3% each year . All expenses for the organization totaled $227.0k during the year ending 12/2021. While expenses have increased by 51.5% per year over the past 4 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 34 individual grants totaling $455,077. 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 |
|---|---|---|---|
Scott Harrison Director | 0 | $0 | |
Bruce Woolsey Director | 0 | $0 | |
Michael Wilkerson President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $268,000 |
| 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 | $268,000 |
| 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 | $297 |
| Total operating and administrative expenses | $3,572 |
| Contributions, gifts, grants paid | $223,457 |
| Total expenses and disbursements | $227,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,685 |
| 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 | $46,685 |
| 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 $223,457 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITY GLOBAL INC DBA CHARITYWATER PURPOSE: TO SUPPORT THE BRINGING OF CLEAN AND SAFE DRINKING WATER TO DEVELOPING COUNTRIES. | $167,000 |
REGENERATION NASHVILLE PURPOSE: KENT CHRISTMAS HAS BEEN IN FULL TIME MINISTRY FOR 50 YEARS, TRAVELING EXTENSIVELY ACROSS THE UNITED STATES AND ABROAD. HIS PASSION IS TO STRENGTHEN THE LOCAL CHURCH BODY AND TO SHARE PROPHETIC INSIGHT. HE IS A MAN OF PRAYER AND CARRIES AN ANOINTING TO PREACH THE WORD WITH THE DEMONSTRATION OF APOSTOLIC POWER. | $11,000 |
RUN MINISTRIES PURPOSE: TO SUPPORT THE PASSION FOR GLOBAL HOLISTIC TRANSFORMATION TO RESCUE PEOPLE FROM SLAVERY. | $10,000 |
MANY HOPES INC PURPOSE: TO SUPPORT THE RESCUE OF CHILDREN FROM THE CORRUPTION AND POVERTY THAT EXPLOITS THEM IN KENYA. | $10,000 |
MARIO MURILLO MINISTRIES PURPOSE: TO PRESENT CHRIST CLEARLY, INTELLIGENTLY AND OPENLY DECLARES THE POWER OF JESUS TO TOTALLY TRANSFORM A LIFE AND SHOW CHRIST HAS THE POWER TO END ADDICTION, RACISM, VIOLENCE AND DISEASE. | $6,000 |
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. | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |