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EIN 86-3279821

Ims Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Philadelphia
State
Pennsylvania
Year formed
2021
Most recent tax filings
2023-06-01
NTEE code, primary
Q00: International, Foreign Affairs, and National Security: General
Description
To receive, manage, distribute assets for charitable purposes in support of independence mission schools, a Pennsylvania corporation recognized as tax exempt under section 501(c)(3) of the code as a public charity.
Total revenues
$1,312,069
2023
Total expenses
$1,007,608
2023
Total assets
$18,522,178
2023
Num. employees
0
2023

Program areas at Ims Foundation

To support the charitable purposes of independence mission schools, a Pennsylvania corporation recognized as tax exempt under section 501(c)(3) of the code as a public charity.

Grants made by Ims Foundation

GranteeGrant descriptionAmount
Independence Mission Schools (IMS)Scholarships$1,000,000

Who funds Ims Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationGeneral Operating Support$307,500
Philadelphia Foundation (PF)Operating Support$250,000

Personnel at Ims Foundation

NameTitleCompensation
Lauren AdamskiTreasurer$0
Kenneth PhelanPresident$0
Maris OggVice President$0
Joseph T StapletonSecretary$0

Financials for Ims Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,290,336
Program services$0
Investment income and dividends$21,733
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,312,069

Form 990s for Ims Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-07990View PDF
2022-062023-02-01990View PDF
Data update history
May 21, 2024
Updated personnel
Identified 2 new personnel
December 31, 2023
Received grants
Identified 2 new grant, including a grant for $307,500 from American Endowment Foundation
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 6 new personnel
June 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsInternational-focused organizationsCharities
Issues
Foreign affairs
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
1012 W Thompson St
Philadelphia, PA 19122
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
IRS details
EIN
86-3279821
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q00: International, Foreign Affairs, and National Security: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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