From public IRS filings
ASCENDUS INC
NEW YORK, NY · Community Improvement
Mission
ASCENDUS EMPOWERS LOW-TO-MODERATE INCOME BUSINESS OWNERS THROUGH ACCESS TO CAPITAL AND FINANCIAL EDUCATION. WITH ECONOMIC OPPORTUNITY, THESE ENTREPRENEURS, OFTEN MINORITIES AND WOMEN, CAN BUILD ASSETS, BETTER PROVIDE FOR THEIR FAMILIES, CREATE EMPLOYMENT AND STRENGTHEN THEIR COMMUNITIES.
Financials (IRS Form 990)
Total revenue
$10.6M
Total expenses
$13.2M
Total assets
$44.5M
Program expense ratio
73%
Source: IRS Form 990, tax year 2023.
Who funds ASCENDUS INC
$6.8M in foundation grants on record from 34 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Wells Fargo Foundation | $1.2M | 4 |
| Boston Foundation | $1M | 2 |
| Tides Foundation | $1M | 4 |
| Clark Foundation | $525K | 3 |
| Restaurant Workers' Community Foundation | $375K | 1 |
| Bank of America Charitable Foundation | $355K | 5 |
| Blackbaud Giving Fund | $301K | 3 |
| Fidelity Foundation | $300K | 1 |
| Capital One Foundation | $250K | 1 |
| Great Rivers Community Trust | $247K | 3 |
Leadership
JOSHUA BRACKETT — CFO (Principal officer)
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