Public Charity

318 FOUNDATION INC

318 FOUNDATION INC is a nonprofit organization categorized as Public Charity based in GAITHERSBURG, MD. Its most recent IRS filing (2024) reports revenue of $214K, expenses of $430K, total assets of $131K. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $162K.

EIN: 861321791 GAITHERSBURG, MD Latest filing: 2024
Total Revenue$214K
Total Expenses$430K
Total Assets$131K
Grant Records5
Funding Total$162K
Filing Years2020–2024

Mission

THE 318 FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION FOCUSED ON EMPOWERING BLACK GIRLS AND MARGINALIZED COMMUNITIES THROUGH MENTORSHIP, IMMERSIVE EXPERIENCES, AND SPORTS. OUR PROGRAMS FOCUS ON LEADERSHIP DEVELOPMENT, ACADEMIC ENRICHMENT, AND ELITE SPORTS TRAINING. PARTNERING WITH LOCAL SCHOOLS/UNIVERSITIES, ESPECIALLY HBCUS, WE OFFER MENTORSHIP, TRIPS, CAREER EXPOSURE, AND COLLEGE TOURS THROUGH 318 VISION/ACTION. THROUGH 318 SPORTS, WE PROVIDE LEADERSHIP DEVELOPMENT. OUR GOAL IS TO SUPPORT GIRLS' INTELLECTUAL CURIOSITY AND PERSONAL GROWTH.

Officers & Directors

PRESIDENT & Alana Beard
DIRECTOR Brenda Jiminez-Peralta
DIRECTOR Joe Dumars
CHAIRMAN Katy Hollister
DIRECTOR Ketsia Colimon Stroder
CHAIRMAN Steve Miller

Officer compensation and complete director data available with membership.

Top Grant Purposes

IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
$100,000 1 grant
HUMAN SERVICES
$42,000 2 grants
GENERAL SUPPORT
$19,937 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $214K $430K $131K
2023 $522K $234K $344K
2022 $100K $50K $57K
2020 — — —

Between 2022 and 2024, reported annual revenue grew from $100K to $214K (+113%), with total assets most recently reported at $131K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for 318 FOUNDATION INC

Complete financials, all 5 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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