The Prospect Advancement Fund
Accepts applications
The Prospect Advancement Fund is a private foundation in Lawrence, Massachusetts. In tax year 2024 it gave $29,349 in 5 grants; the typical grant was $1,041 and the largest $25,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$29,349
- Number of grants5
- Typical grant$1,041
- Largest grant$25,000
- Assets$1.2 million
- New grantees40%
Giving in 2024 was up from $27,015 the year before.
40% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $40,000 | 1 | $1.0 million |
| 2023 | $27,015 | 3 | $1.1 million |
| 2024 | $29,349 | 5 | $1.2 million |
How to apply
| Contact | Ricardo Neal 223 Prospect Street, Lawrence, MA 01841 |
|---|---|
| Phone or email | (410) 513-9434, ricardo.neal@prospectadvancementfund.org |
| What to submit, deadlines, restrictions | None specified |
Foundation website IRS filings on ProPublica
Where it gives
Its grants went to recipients in 4 states, the most to Maryland.
| State | Grants | Amount |
|---|---|---|
| Maryland | 1 | $25,000 |
| District of Columbia | 2 | $2,808 |
| Missouri | 1 | $1,041 |
| Massachusetts | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| We Will All Rise | Fellowships for young men of color | $25,000 |
| Learnserve International | General purposes | $1,808 |
| Brothers Liberating Our Communities | Fellowships for black male educators | $1,041 |
| Freedom House | General purposes | $1,000 |
| Haymarket People's Fund | Social justice causes in new england | $500 |
Officers and trustees
- Ricardo Neal
- Atiya Dangleben Neal
- Anthony Devoe
Questions people ask
Does The Prospect Advancement Fund accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: None specified.
How much does The Prospect Advancement Fund give?
$29,349 in tax year 2024, across 5 grants, with a typical grant of $1,041.
Who runs The Prospect Advancement Fund?
Its 2024 filing lists Ricardo Neal (President), Atiya Dangleben Neal (Treasurer) and Anthony Devoe (Director).