THE FURTHERANCE FUND INC
https://N/A
$6.8M
Total Assets (2024)
$5.9M
Avg Yearly Giving (2023–2024)
$11.8M
Giving on File
(2 yrs)
(2 yrs)
8
Grants on File
$53K
Avg Grant Size
About
ON FEBRUARY 10, 2023, THE FOUNDATION MADE A DISTRIBUTION OF $11,466,696.50 CONSISTING OF THE ASSETS LISTED ON THE ATTACHED "SCHEDULE D" OF THE FOUNDATION'S ACCOUNT AND REPRESENTING APPROXIMATELY 63% OF THE FOUNDATION'S TOTAL ASSETS, TO THE BOSTON FOUNDATION, A PUBLIC CHARITY, TO BE HELD IN DONOR-ADVISED FUNDS. THE FOUNDATION WILL CONTINUE IN EXISTENCE AND HAS NO PLANS TO TERMINATE OR DISSOLVE.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
2125577700
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | N/A | $12.9M | $1.1M | N/A |
| 2020 | N/A | $10.6M | $845K | N/A |
| 2021 | N/A | $15.8M | $1.1M | N/A |
| 2023 | $11.5M | $6.4M | $799K | 1 |
| 2024 | $370K | $6.8M | $378K | 7 |
Grant Size Distribution
Based on 8 grants on record
Minimum
$10K
25th Pctl
$25K
Median
$40K
Average
$1.5M
75th Pctl
$150K
Maximum
$11.5M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| ALEXANDRA M OLMSTED | MEMBER | — |
| KATHARINE H OLMSTED | MEMBER | — |
| ANDREW L TANSEY | SECRETARY | — |
| JAMES F KELLY | VICE PRESIDENT | — |
| ROBERT M OLMSTED DECEASED | PRES./ TREAS. | — |
| ROBERT M OLMSTED | PRES./ TREAS. | — |
Grants Awarded (8 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| THE BOSTON FOUNDATION INC | BOSTON, MA | $11,466,697 | GENERAL SUPPORT | 2023 |
| POMFRET SCHOOL | POMFRET, CT | $150,000 | EDUCATIONAL | 2024 |
| PRINCETON UNIVERSITY | PRINCETON, NJ | $80,000 | EDUCATIONAL | 2024 |
| OLMSTED MANOR RETREAT CENTER | LUDLOW, PA | $50,000 | RELIGIOUS | 2024 |
| THE MACDOWELL COLONY | NEW YORK, NY | $30,000 | EDUCATIONAL | 2024 |
| ADIRONDACK LAND TRUST INC | KEENE, NY | $25,000 | LAND PRESERVATION | 2024 |
| THE NATURE CONSERVANCY-ADIRONDACK CHAPTER | ARLINGTON, VA | $25,000 | ADIRONDACK NATURE CONSERVANCY | 2024 |
| WOODLAWN CONSERVANCY INC | BRONX, NY | $10,000 | EDUCATIONAL | 2024 |