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Employer Identification Number 86-0857725

THE AMERICAN FOUNDATION FOR CHARITABLE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:THE AMERICAN FOUNDATION FOR CHARITABLE
Employer identification number (EIN):86-0857725
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE MISSION IS TO PROMOTE AND FACILITATE THE PRIVATIZATION OF PHILANTHROPY, AND HELP CHARITIES BECOME MORE EFFECTIVE AND SUCCESSFUL.1. WHAT WE MEAN BY PRIVATIZATION OF PHILANTHROPY. PRIVATIZATION OF PHILANTHROPY MEANS CREATING ENDOWMENTS OR FAMILY FOUNDATIONS WHERE THERE IS ONGOING DONOR (OR DONOR FAMILY) INVOLVEMENT AND DIRECTION OVER CHARITABLE GRANT MAKING.2. ACHIEVING OUR MISSION. WE ACHIEVE OUR MISSION BY CREATING INDIVIDUAL, FAMILY, AND CORPORATE FOUNDATIONS, MOSTLY IN THE MORE ADVANTAGEOUS PUBLIC CHARITY SETTING WHERE INDIVIDUALS, FAMILY MEMBERS, AND CORPORATE EXECUTIVES RETAIN THE ONGOING DIRECTION OVER CHARITABLE DISTRIBUTUIONS.3. RESULTS OF OUR MISSION. OUR MISSION AND EFFORTS WILL RESULT IN THE CREATION OF VAST AMOUNTS OF NEW AND MORE EFFECTIVE PHILANTHROPY.WE ARE DEVELOPING NEW CHARITABLE PROGRAMS DESIGNED TO HELP CHARITIES IMPROVE THEIR GOVERNANCE STRUCTURE, HUMAN RESOURCES.
Number of Employees0

Organization Governance

Voting Members - Governing Body4
Voting Members - Independent2

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 1,481,108
Investment Income from current yearUSD $ 1,040,169
Other Revenue from prior yearUSD $ 96,807
Other Revenue from current yearUSD $ 839,084
Gross receipts from all sourcesUSD $ 4,247,758
Net assets / fund balances at end of fiscal yearUSD $ 7,092,179
Net assets / fund balances at beginning of fiscal yearUSD $ 10,574,082
Total liabilities at end of fiscal yearUSD $ 8,708,713
Total liabilities at beginning of fiscal yearUSD $ 8,971,864
Total assets at end of fiscal yearUSD $ 15,800,892
Total assets at beginning of fiscal yearUSD $ 19,545,946
Revenues less expenses for current yearUSD $ 705,849
Revenues less expenses for previous yearUSD $ 1,342,232
Total expenses for current yearUSD $ 1,611,317
Total expenses for previous yearUSD $ 1,478,506
Other expenses in current yearUSD $ 617,423
Other expenses in previous yearUSD $ 680,278
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,000
Employee salary and benefits paid in previous yearUSD $ 7,500
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 985,894
Grants and similar amounts paid in previous yearUSD $ 790,728
Total revenue in current fiscal yearUSD $ 2,317,166
Total revenue in previous fiscal yearUSD $ 2,820,738
Contributions and grants from current yearUSD $ 437,913
Contributions and grants from previous yearUSD $ 1,242,823
Total of other revenueUSD $ 833,973
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 810,061
Investment Income from current yearUSD $ 1,481,108
Other Revenue from prior yearUSD $ 95,700
Other Revenue from current yearUSD $ 96,807
Gross receipts from all sourcesUSD $ 7,130,201
Net assets / fund balances at end of fiscal yearUSD $ 10,574,082
Net assets / fund balances at beginning of fiscal yearUSD $ 8,772,819
Total liabilities at end of fiscal yearUSD $ 8,971,864
Total liabilities at beginning of fiscal yearUSD $ 8,954,683
Total assets at end of fiscal yearUSD $ 19,545,946
Total assets at beginning of fiscal yearUSD $ 17,727,502
Revenues less expenses for current yearUSD $ 1,342,232
Revenues less expenses for previous yearUSD $ -752,540
Total expenses for current yearUSD $ 1,478,506
Total expenses for previous yearUSD $ 1,797,036
Other expenses in current yearUSD $ 680,278
Other expenses in previous yearUSD $ 639,432
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 7,500
Employee salary and benefits paid in previous yearUSD $ 6,000
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 790,728
Grants and similar amounts paid in previous yearUSD $ 1,151,604
Total revenue in current fiscal yearUSD $ 2,820,738
Total revenue in previous fiscal yearUSD $ 1,044,496
Contributions and grants from current yearUSD $ 1,242,823
Contributions and grants from previous yearUSD $ 138,735
Total of other revenueUSD $ 90,353
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 467,812
Investment Income from current yearUSD $ 810,061
Other Revenue from prior yearUSD $ 104,663
Other Revenue from current yearUSD $ 95,700
Gross receipts from all sourcesUSD $ 2,680,095
Net assets / fund balances at end of fiscal yearUSD $ 8,772,819
Net assets / fund balances at beginning of fiscal yearUSD $ 9,052,947
Total liabilities at end of fiscal yearUSD $ 8,954,683
Total liabilities at beginning of fiscal yearUSD $ 8,852,822
Total assets at end of fiscal yearUSD $ 17,727,502
Total assets at beginning of fiscal yearUSD $ 17,905,769
Revenues less expenses for current yearUSD $ -752,540
Revenues less expenses for previous yearUSD $ -1,525,313
Total expenses for current yearUSD $ 1,797,036
Total expenses for previous yearUSD $ 2,361,711
Other expenses in current yearUSD $ 639,432
Other expenses in previous yearUSD $ 858,289
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,000
Employee salary and benefits paid in previous yearUSD $ 8,000
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,151,604
Grants and similar amounts paid in previous yearUSD $ 1,495,422
Total revenue in current fiscal yearUSD $ 1,044,496
Total revenue in previous fiscal yearUSD $ 836,398
Contributions and grants from current yearUSD $ 138,735
Contributions and grants from previous yearUSD $ 263,923
Total of other revenueUSD $ 90,862
2016-12-31
Total unrelated business incomeUSD $ -22,003
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 10,655
Investment Income from current yearUSD $ 1,950,405
Other Revenue from prior yearUSD $ 122,920
Other Revenue from current yearUSD $ 177,833
Gross receipts from all sourcesUSD $ 2,508,327
Net assets / fund balances at end of fiscal yearUSD $ 12,585,998
Net assets / fund balances at beginning of fiscal yearUSD $ 12,462,590
Total liabilities at end of fiscal yearUSD $ 12,373,540
Total liabilities at beginning of fiscal yearUSD $ 11,510,280
Total assets at end of fiscal yearUSD $ 24,959,538
Total assets at beginning of fiscal yearUSD $ 23,972,870
Revenues less expenses for current yearUSD $ 123,408
Revenues less expenses for previous yearUSD $ -27,185
Total expenses for current yearUSD $ 2,226,118
Total expenses for previous yearUSD $ 2,689,996
Other expenses in current yearUSD $ 1,439,698
Other expenses in previous yearUSD $ 1,548,605
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 786,420
Grants and similar amounts paid in previous yearUSD $ 1,141,391
Total revenue in current fiscal yearUSD $ 2,349,526
Total revenue in previous fiscal yearUSD $ 2,662,811
Contributions and grants from current yearUSD $ 221,288
Contributions and grants from previous yearUSD $ 2,529,236
Total of other revenueUSD $ 83,983

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 860857725

USA Mailing Address
4518 NORTH 32ND ST
PHOENIX
AZ
85018
Date first seen: 2007-01-01
Date last seen: 2024-08-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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