Overview

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Est.

1999

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Adelante Foundation Inc, a microfinance institution operating in Honduras, focuses on promoting international development through forestry and microfinance initiatives. With an operating budget of $1.2 million and total revenue of $1.4 million for the 2024 filing year, the organization has diverse funding sources and does not rely on any single funder for more than 50% of its revenue. For more information, visit their website at www.adelantefoundation.org.

Mission Statement

THE ADELANTE FOUNDATION, INC. IS A MICROFINANCE INSTITUTION OPERATING IN HONDURAS
Revenues
$1.4M
Expenses
$1.2M
Net Income:
+$178.4K
Assets
$2.6M
Liabilities
$489.3K
Net Assets:
+$2.1M
Operating Budget
$1.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$2K
Largest grant received
$10K
A
Anthony Stone
Board Member
R
Rich Musat
Board Member
J
John Kendall
Board Member

Frequently Asked Questions

What is ADELANTE FOUNDATION INC’s budget?
In 2024, ADELANTE FOUNDATION INC reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does ADELANTE FOUNDATION INC support?
ADELANTE FOUNDATION INC supports work in Microfinance, Forestry, and International development.
Where does ADELANTE FOUNDATION INC operate?
ADELANTE FOUNDATION INC is headquartered in WOODSIDE, CA.
Who funded ADELANTE FOUNDATION INC recently?
In 2024, ADELANTE FOUNDATION INC received grants from HAYES FAMILY FOUNDATION INC, Stephen B Hard Foundation, and JACKSON H FENNER FOUNDATION COMMUNITY BANK NA TRUSTEE. More information on this organization’s funders is available to registered users.
What is the largest grant ADELANTE FOUNDATION INC received in 2024?
The largest grant to ADELANTE FOUNDATION INC in 2024 exceeds $10 thousand.