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Ceres Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Ceres Foundation

18606 Reliant Dr.

Gaithersburg, MD United States 20879-5422

URL: fdnweb.org/ceres

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $25,934,148

Total giving: $1,506,000

EIN

912170962

BRIDGE Number

6451159437

Background

Established in 2000 in MD

Purpose and Activities

Giving primarily to support programs that help to change individual lives, by expanding opportunities for disadvantaged youth and vulnerable families to develop and make full use of their potential, so that they will be able to pursue their highest ambitions, earn decent livings, enjoy healthy relationships, and fully participate in their communities. The foundation favors programs that: 1) are holistic, making a commitment to each individual to provide all the services that a client needs to become successful, as long as that client works hard to help himself; 2) set high goals for their clients, relative to the degree of difficulties that clients have to overcome, and the level of potential that they have to improve their lives; 3) use multiple measures to assess their clients’ situations, upon both entry and exit, in order to identify multiple needs and to demonstrate different aspects of improvement; and 4) follow through and ensure the lasting impact of their programs, by tracking and assisting their clients’ for a year or more after they graduate from the main program.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

Historically, the foundation has made a PRI in the form of low interest loans to benefit housing finance as well as a PRI for neighborhood revitalization, both in Washington, DC.

Fields of Interest

Subjects
  • Child welfare
  • Education
  • Family services
  • Human services
  • Women's services
  • Youth development
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Homeless people
  • Low-income and poor people
  • Victims of crime and abuse
  • Young adults

Financial Data

Year ended 2014-12-31

Assets: $25,934,148 (market value)

Expenditures: $1,785,125

Total giving: $1,506,000

Qualifying distributions: $1,687,167