Achievement Foundation Inc
WATERTOWN, CT
Total revenue
$133K
Total expenses
$466K
Net assets
$6.1M
Grants received
$52K
4 grants
EIN
136130107
Tax year
2023
Mission
The achievement foundation, by using its financial resources, dedicates itself to developing a better understanding of the free enterprise system by young people. The achievement foundation makes grants to junior achievement usa its affiliates and beneficiaries in support of the foundation's mission, makes loans to junior achievement areas in financial need, and makes scholarships to students who have completed junior achievement programs.
Programs
2 programs
The foundation makes scholarship program available to graduates of junior achievement high school programs.
The foundation makes loans to specific junior achievement programs in financial need. These loans are repaid at no interest if the loans are repaid according to the agreed upon schedule. During 2020 the covid-19 pandemic caused many junior achievement areas to experience financial stress. As a result of this, the achievement foundation made 32 loans to those areas totaling $1,680,315. $1,335,315 of the loans were funded in 2020 with the remaining $345,000 funded in 2021. There were no new loans made in 2023.
0Financials
FY 2023
Revenue
Expenses
People
15 listed
PAUL BRADY
EXECUTIVE DIRECTOR
$17K
1 hrs/wk
R CHADWICK PAUL JR
SECRETARY
—
1 hrs/wk
TOM KUSHNER
TREASURER
—
1 hrs/wk
CATHY FRANCOMANO
BOARD MEMBER
—
1 hrs/wk
CHRIS WHITE
BOARD MEMBER
—
1 hrs/wk
DONNA STONE BUCHANAN
BOARD MEMBER
—
1 hrs/wk
GINA BLANEY
BOARD MEMBER
—
1 hrs/wk
JIM HEMAK
BOARD CHAIR
—
1 hrs/wk
JOHN CAREY
BOARD MEMBER
—
1 hrs/wk
KURT SNYDER
Board Member
—
1 hrs/wk
MIKE HANNIGAN JR
BOARD MEMBER
—
1 hrs/wk
NORMAN FLEMING
BOARD MEMBER
—
1 hrs/wk
SANDRA BEACH LIN
BOARD MEMBER
—
1 hrs/wk
TIM GREINERT
BOARD MEMBER
—
1 hrs/wk
JACK KOSAKOWSKI
BOARD MEMBER
—
1 hrs/wk
Grants received
Showing 4 of 4
Funded by
$52K from 1 funder · 4 grants · 2020–2023
$52K · 4 grants · 2020–2023