NonprofitsThe Ad Club Foundation Inc

Education

The Ad Club Foundation Inc

BOSTON, MA

Total revenue

$78K

Total expenses

$90K

Net assets

$16K

Grants received

$523K

12 grants

EIN

432050395

Tax year

2024

Mission

The Ad Club Foundation funds scholarship programs for a diverse student body studying marketing communications. It provides matching funds for summer internship programs to give a diverse student body agency opportunities where there would otherwise not be any and it sponsors the Rosoff Diversity Award show which celebrates people who are succeeding in creating diverse workplaces in greater Boston, the Women's Leadership Forum, and Media Innovation Day.

Programs

2 programs

Rosoff Sponsorship. The Foundation is a sponsor of the Rosoff Award Show. This is an annual event in which people who have made strides in diversity education and employment are recognized and celebrated. Arnold Rosoff was an agency president who made his agency the leader in diversity issues and in his name the diversity show celebrates those who have followed in his footsteps. The recipients are nominated by the people and are selected by the Rosoff Board. The recognition involved is a coveted award for success in an important field.

Expenses: $47KGrants: $47K

Media Innovation Day is a daylong content event covering traditional, new and emerging media, and focusing on the rapid media and marking shifts that are impacting brands. It explores how and where consumers engage with, consume and experience media and how marketers and the media industry are evolving in order to succeed.

Expenses: $33KGrants: $33K

Financials

FY 2024

Revenue

Contributions & grants$78K
Program service revenue
Investment income
Other revenue
Total revenue$78K

Expenses

Grants paid$90K
Salaries & benefits
Fundraising
Other expenses$54
Total expenses$90K
Total assets$16K
Net assets$16K

People

3 listed

NameRoleCompensation

George Sargent

Treasurer & Director

Board

1 hrs/wk

Andrew Graff

Clerk & Director

Board

1 hrs/wk

Barbara Reilly

President & Director

Board

1 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$50K
To assist the grantee organization in carrying out its charitable purpose.
2024
$45K
Operating Support/Annual Fund
2023
$45K
To assist the grantee organization in carrying out its charitable purpose.
2023
$46K
To assist the grantee organization in carrying out its charitable purpose.
2022
$43K
Operating Support/Annual Fund
2022
$51K
To assist the grantee organization in carrying out its charitable purpose.
2021
$39K
Operating Support/Annual Fund
2021
$41K
To assist the grantee organization in carrying out its charitable purpose.
2020
$39K
Operating Support/Annual Fund
2020
$40K
Operating Support/Annual Fund
2019
$10K
Scholarship
2019
$74K
Operating Support
2017

Funded by

$523K from 2 funders · 12 grants · 2017–2024

Boston Foundation Inc

$290K · 7 grants · 2017–2023

Nathalie & Theodore Jones Charitable

$233K · 5 grants · 2020–2024

Details

EIN432050395
NTEE codeB82
Subsection03
Ruling date2004-06
Formed2004
Employees0
Volunteers0
THE AD CLUB FOUNDATION INC — Mission, Financials & Grants Received | Grantivo