Adira Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 9
- Location
- Richmond, VA
- Founding
- 07/2019
- Data as of
- 06/2023
- 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 06/2023, Adira Foundation generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $34.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (62.4%) per year over the past 4 years. 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
2023
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.
ADIRAS PROGRAMS FOLLOW ITS LISTEN, LEARN, THEN ACT APPROACH TO INVEST IN BETTER LIVES FOR PEOPLE WITH NEURODEGENERATIVE DISEASES, STARTING WITH FIVE COMMUNITIES: ALS, ALZHEIMERS AND RELATED DEMENTIAS, HUNTINGTONS, MULTIPLE SCLEROSIS, AND PARKINSONS. WE SPOKE WITH AND LEARNED FROM PATIENTS AND CAREGIVERSAS WELL AS THE NON-PROFITS WHO SERVE THEM-- THROUGH MULTIPLE PLATFORMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
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 | |
Dr Cynthia Gomez Chair | OfficerTrustee | 2 | $0 |
Alan J Abramsom Vice President | OfficerTrustee | 2 | $0 |
Todd Evenson Treasurer | OfficerTrustee | 2 | $0 |
Cheryl Sullivan Staveley Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,253 |
| Total Revenue | $3,306 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $316,521 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,330 |
| Professional fees and other payments to independent contractors | $8,138 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,289 |
| Total expenses | $34,081 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $15,310 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Adira Foundation has awarded $281,521 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AIBS SPARS PURPOSE: Pervasive Need Grant | $36,803 |
DISCALCED INC PURPOSE: Pervasive Needs Grants | $60,000 |
INSTITUTE FOR PUBLIC HEALTH PURPOSE: Rural Neurodegenerative Support | $25,000 |
MEMORY CARE HOME SOLUTIONS PURPOSE: Pervasive Needs Grant | $79,753 |
UNIVERSITY OF PITTSBURGH PURPOSE: School of Nursing competitive | $79,965 |