Overview
What is American Giving Charitable Fund Inc?
American Giving Charitable Fund Inc is a nonprofit organization that was established to collect donations and facilitate fundraising activities. The primary objective of this fund is to collect money from employees of American Airlines, Inc. and Envoy, Inc., as well as through various fundraisers such as bake sales and used book sales. The collected funds are then distributed to organizations that fall under the 501(c)(3) category, which are exempt from federal income tax. These organizations are chosen by the employees themselves. The fund serves as a platform for employees to contribute to their preferred nonprofit organizations, thereby amplifying their charitable impact.
Is American Giving Charitable Fund Inc legitimate?
American Giving Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Giving Charitable Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Giving Charitable Fund Inc?
American Giving Charitable Fund Inc was established with the purpose of receiving contributions and conducting fundraising activities. The primary objective is to raise money that can be distributed to organizations classified under section 501(c)(3), which are exempt from taxation under 501(a). The fund accepts contributions from employees of American Airlines, Inc. and Envoy, Inc., as well as funds raised through various employee-led initiatives such as bake sales, dress-down days, and used book sales. The collected funds are then allocated to the organizations chosen by the employees.
Who is the CEO of American Giving Charitable Fund Inc?
Patrick C Smith is the President of American Giving Charitable Fund Inc.
What is the revenue of American Giving Charitable Fund Inc?
American Giving Charitable Fund Inc's revenue in 2022 was $70.
Who are the executives of American Giving Charitable Fund Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for American Giving Charitable Fund Inc?
American Giving Charitable Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Giving Charitable Fund Inc
American Giving Charitable Fund Inc is a mission-driven organization established with the primary purpose of receiving contributions and conducting fundraising activities. Its objective is to gather funds and channel them towards organizations that are classified under section 501(c)(3) of the Internal Revenue Code. These organizations are exempt from taxation under section 501(a). The fund accepts donations from employees of American Airlines, Inc. and Envoy, Inc. Furthermore, the employees can raise additional funds through various means such as bake sales, dress-down days, used book sales, and other similar events. The accumulated funds are then distributed to the organizations selected by the employees. In essence, American Giving Charitable Fund Inc serves as a bridge, connecting generous employees with deserving nonprofit organizations.
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Impact
October, 2024
American Giving Charitable Fund Inc has a significant impact through its efforts to harness employee contributions and fundraising initiatives. By engaging employees of American Airlines, Inc. and Envoy, Inc., the fund cultivates a culture of philanthropy within the workforce.
The fund facilitates a variety of fundraising activities, such as bake sales, dress down days, and used book sales, which not only promote community involvement but also encourage employees to participate in charitable efforts. The contributions collected are then distributed to organizations that are recognized as tax-exempt under Section 501(c)(3), effectively supporting a wide range of causes that benefit society.
Through these collaborative efforts, American Giving Charitable Fund Inc enables employees to have a direct hand in choosing the charitable organizations they wish to support, thereby fostering a sense of ownership and connection to the causes they care about. This approach amplifies the impact of employee contributions, creating a substantial collective effect on the community and various charitable endeavors.
This information is meant to be a general summary of American Giving Charitable Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $70
- Gross Receipts: $70
Assets and Liabilities:
- Total Assets: $91,497
- Total Liabilities: $0
- Net Assets: $91,497
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Organization Details
Founding Year
2001
Phone
(682) 278-0449Principal Officer
Patrick C Smith
Main Address
1 SKYVIEW DRIVE MD 8B401, FORT WWORTH, TX, 76155
NTEE Category
Code: T30 - Philanthropy
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