Private foundation (trust)EIN 870878614Est. 2022-02
ADDITION FINANCIAL FOUNDATION INC
LAKE MARY, FL 327462194
Total Assets
$323K
FY 2024
Annual Giving
$181K
FY 2024
Grants Made
13
FY 2024
Avg Grant
$14K
FY 2024
Grant Range
$305–$20K
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$181KThe addition financial foundation, inc. (foundation) was primarily formed to assist the addition financial credit union promote and provide assistance to initiatives benefiting education.the foundation's activities will primarily be related to supporting initiatives benefiting education. The foundation will focus its activities within the state of florida.the foundation's activities will be funded through membership fees and contributions from various donors, including the credit union.the charitable activities of the foundation will include awarding college scholarships, donating directly to students and teachers, and donating directly to other charitable foundations benefiting education initiatives. All of these activities support the foundation's purpose of supporting initiatives benefiting education.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$427K
Total Expenses
$194K
Qualifying Distributions
$182K
Distributable Amount
$13K
Min. Investment Return
$13K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
13 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Top Recipients
13 grants
Grant Size Distribution
13 grants
Geographic Focus
1 states
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