NonprofitsAqume Foundation

Public Foundations

Aqume Foundation

WYOMING, MI

Total revenue

$396K

Total expenses

$395K

Net assets

$16K

Grants received

$823K

8 grants

EIN

872397576

Tax year

2024

Mission

AQUME Foundation centers economic justice and racial equity in philanthropy while integrating our core values of equity, financial investment, accountability and community transformation.

Programs

4 programs

AQUME Foundations OUR JUSTICE grant fund leads with innovation and invests in our Black-led organizational missions and community projects that benefit Black people. OUR JUSTICE grant fund awarded ten $2,500 grants to eligible organizations during our 2024 funding cycle. Our community sponsorship of $2,500 distributed to five organizations with each organization receiving $500 directly supports Black leaders and grassroots projects commited to uplifting Black communities. These funds help strengthen local initiatives, foster leadership development, and provide vital resources that address community needs, celebrate Black culture, and advance equity-driven solutions. Our Gold Scholar program is based on our community trust-based philanthropy model, our merit-based program awards two Black students with $1,000 each to support non-traditional college expenses within the first year of college. Our annual scholarship program promotes equity and helps alleviate the

Expenses: $61KGrants: $40K

AQUME Foundations Philanthropy Looks Like Me social enterprise program serves greater Grand Rapids area youth and guides a cohort of middle school and high school students through a ten-week program where student entrepreneurs learn how to build a business, generate revenue, and experience the philanthopic impact of collectively giving back to their communities in correlation with the quadruple bottom line of people, planet, profit, and purpose.

Expenses: $26K

(cont pg2)AQUME Foundations General Operations the distribution of Project-Specific funds, whereas our Comprehensive fiscal sponsorship benefit from a suite of administrative services which include, but not limited to bill payments, vendor payments, monthly grant fund(s) expense tracking and grantee reporting, etc.

(cont pg2) AQUME Foundations Our Justice pressures of pre-semester college expenses by sending awarded funds directly to the student.

Financials

FY 2024

Revenue

Contributions & grants$404K
Program service revenue
Investment income
Other revenue
Total revenue$396K

Expenses

Grants paid$40K
Salaries & benefits$240K
Fundraising$67K
Other expenses$115K
Total expenses$395K
Total assets$21K
Net assets$16K

People

11 listed

NameRoleCompensation

CIARRA C ADKINS

PRESIDENT

Board

$118K

40 hrs/wk

TONYA ADKINS-MCKEEVER

CHIEF FINANCIAL OFFICER

Board

$76K

40 hrs/wk

CHANTAL PASAG

SECRETARY

Board

0

DANGELO BAILEY

CONSULTANT

Board

0

MARIO L ADKINS

TREASURER

Board

0

JAMIE FERRELL

AT-LARGE

Board

0

MARCUS A JACKSON

AT-LARGE

Board

0

CHRIS JACKSON

CHAIR

Board

0

ALVIN HILLS

VICE CHAIR

Board

0

BRYNDAN P ARNOLD

AT-LARGE

Board

0

JAMARI PICKENS

CONSULTANT

Board

0

Grants received

Showing 8 of 8

FromAmountPurposeYear
$161K
MULTIPLE GRANTS AWARDED
2024
$2K
NAACP FREEDOM FUND DINNER
2024
$600K
GENERAL SUPPORT
2023
$2K
General Support
2023
$11K
GENERAL OPERATING SUPPORT
2022
$10K
sponsor the AQUME Foundation's Gold Gala Inaugural Fundraiser to support their work to reduce the racial wealth gap in Grand Rapids, Michigan
2022

Funded by

$823K from 5 funders · 8 grants · 2022–2024

Grand Rapids Community Foundation

$772K · 3 grants · 2022–2024

Heart Of West Michigan United Way

$38K · 2 grants · 2022–2024

WK Kellogg Foundation

$10K · 1 grant · 2022

Howmet Aerospace Foundation

$2K · 1 grant · 2024

Frey Foundation

$2K · 1 grant · 2023

Details

EIN872397576
NTEE codeT30
Subsection03
Ruling date2021-11
Formed2021
Employees2
Volunteers20
AQUME FOUNDATION — Mission, Financials & Grants Received | Grantivo