Adira Foundation
- Assets
- $46.1k
- Revenue
- $190.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Richmond, VA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 82-5023726
Organization Overview
Adira Foundation is located in Richmond, VA. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Adira Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adira 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, Adira Foundation generated $190.9k in total revenue. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 6.2% 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 2020, Adira Foundation has awarded 24 individual grants totaling $978,753. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INVEST IN BETTER LIVES FOR PEOPLE WITH NEURODEGENERATIVE DISEASES. INITIALLY, ADIRA FOUNDATION ADIRA WILL FOCUS ON FIVE NEURODEGENERATIVE DISEASES THAT ARE HIGHLY COMPLEX AND HAVE MUCH IN COMMON: ALZHEIMER'S DISEASE AND RELATED DEMENTIAS, ALS, HUNTINGTON'S DISEASE, MULTIPLE SCLEROSIS, AND PARKINSON'S DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADIRA FINANCED GRANTS TO QUALIFIED NON-PROFITS TO INVEST IN BETTER LIVES FOR PEOPLE WITH NEURODEGENERATIVE DISEASES, STARTING WITH FIVE COMMUNITIES: ALS, ALZHEIMERS AND RELATED DEMENTIAS, HUNTINGTONS, MULTIPLE SCLEROSIS, AND PARKINSONS. IN 2022, WE IMPLEMENTED A THIRD ROUND OF COMPETITIVE GRANTMAKING ON THREE KEY TOPICS: SIMPLIFYING CLINICAL RESEARCH, PREPARING FOR FINANCIAL THREATS, AND HELPING PEOPLE THRIVE AGAIN. TOTAL GRANTS PAID FOR 2022 WERE $281,521. WE MANAGED THIS IN ADDITION TO MONITORING OUR ONGOING GRANT ACTIVITIES FROM PREVIOUS YEARS. FINALLY, WE PILOTED A SERIES OF THREE NEURODEGENERATIVE DISEASE (ND) CONGRESS EVENTS BRINGING THOSE WITH LIVED EXPERTISE IN CONVERSATION WITH CAREER EXPERTS TO DESIGN NEW GRANTS TOGETHER. UNFORTUNATELY, DUE TO A LACK OF FINANCING MOMENTUM, WE WERE FORCED TO ENTER DISSOLUTION AT THE END OF THE 2022.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Smiley - Until 121622 Founder/ceo | Officer | 40 | $217,878 |
Marilyn Spinner -Until 10522 Chief Dev. & External Affairs Officer | 40 | $114,480 | |
Alan J Abramsom Vice President | OfficerTrustee | 2 | $0 |
Todd Evenson Treasurer | OfficerTrustee | 2 | $0 |
Dr Cynthia Gomez Chair | OfficerTrustee | 2 | $0 |
Cheryl Sullivan Staveley Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,363 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,363 |
| Total Program Service Revenue | $0 |
| Investment income | $15,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $190,912 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $281,521 |
| Grants and other assistance to domestic individuals. | $35,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $244,878 |
| Compensation of current officers, directors, key employees. | $27,140 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,226 |
| Pension plan accruals and contributions | $19,022 |
| Other employee benefits | $83,121 |
| Payroll taxes | $42,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $90,561 |
| Fees for services: Accounting | $74,268 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,048 |
| Fees for services: Other | $45,698 |
| Advertising and promotion | $82,402 |
| Office expenses | $8,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,578 |
| Travel | $104,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,720 |
| Insurance | $0 |
| All other expenses | $20,496 |
| Total functional expenses | $2,169,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,892 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,093 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,062 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38 |
| Total assets | $46,085 |
| Accounts payable and accrued expenses | $15,310 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,310 |
| Net assets without donor restrictions | $30,775 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $46,085 |
Grants Awarded
Over the last fiscal year, Adira Foundation has awarded $281,521 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: School of Nursing competitive | $79,965 |
St Louis, MO PURPOSE: Pervasive Needs Grant | $79,753 |
Brooklyn, NY PURPOSE: Pervasive Needs Grants | $60,000 |
Herndon, VA PURPOSE: Pervasive Need Grant | $36,803 |
Washington, DC PURPOSE: Rural Neurodegenerative Support | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Adira Foundation has recieved totaling $11,870.
| Awarding Organization | Amount |
|---|---|
Home Instead Senior Care Foundation Omaha, NE PURPOSE: SUPPORT FOR THOSE IMPACTED BY NEURODEGENERATIVE DISEASES | $6,870 |
The Anna And John J Sie Foundation Denver, CO PURPOSE: TO BETTER LIVES FOR PEOPLE WITH NEURODEGENERATIVE DISEASES BY COLLABORATING NETWORKS OF CROSS-DISCIPLINARY CARE AND RESOURCES AND HELP EASE THE BURDENS FACED BY INDIVIDUALS LIVING WITH COMPLEX HEALTH CONDITIONS. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Planned Parenthood Federation - Worldwide Inc Washington, DC | $12,892,390 | $8,172,775 |
International Initiative For Impact Evaluation Inc Washington, DC | $36,732,624 | $4,478,166 |
Durham Realty Inc Durham, NC | $66,578,409 | $21,835,955 |
Kanuga Endowment Inc Hendersonville, NC | $0 | $539,404 |
United Jewish Charities Of Greater Charlotte Inc Charlotte, NC | $8,151,447 | $4,750,352 |
Washington Lawyers Committee For Civil Rights & Urban Affairs Washington, DC | $6,938,100 | $7,098,758 |
Dismas Charities Properties Inc Louisville, KY | $71,077,691 | $7,449,643 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
American Institute Of Certified Public Accountants Foundation Durham, NC | $13,346,405 | $1,363,179 |
Tudor Place Foundation Inc Washington, DC | $3,166,856 | $2,256,203 |
The Beirne Carter Foundation Richmond, VA | $25,189,504 | $3,003,577 |
The Triad Health Project Greensboro, NC | $661,078 | $1,457,249 |