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The American Center For Philanthropy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 412010078 ✦ Northfield, MN ✦ Designated as a 501(c)(3)

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Overview

What is The American Center For Philanthropy Inc?

The American Center for Philanthropy Inc., located in Northfield, Minnesota, serves as a facilitator for philanthropy, enabling individuals to accomplish their charitable goals effectively and efficiently. They achieve this through donor-advised funds, which offer a flexible and personalized approach. In 2022, the organization made 972 grants to various charitable organizations, demonstrating their significant impact within the philanthropic community. The American Center for Philanthropy Inc. aims to promote and enhance philanthropy, empowering individuals to make a difference in the causes they care about.


Official website here: www.americancp.org

What are the reviews and ratings of this charity?

**Rating: 4 Stars (97%) - Charity Navigator**

The American Center for Philanthropy Inc has received an impressive 97% rating from Charity Navigator, earning a Four-Star out of Four Stars designation, primarily for its strong Accountability and Finance practices. The organization shows a high level of transparency, with a majority of independent board members and robust financial oversight in place, ensuring that funds are effectively managed and utilized for programmatic purposes.

Strengths noted in the assessment include an exceptional Program Expense Ratio of 95.59% and a strong Working Capital Ratio, indicating financial health and sustainability. The organization has implemented several policies such as a conflict of interest policy and a whistleblower policy, demonstrating a commitment to ethical governance. However, it is worth noting that the organization is missing a posting of their Tax Form on their website, which could enhance transparency further.

User reviews from GreatNonprofits could not be retrieved, leaving a gap in direct feedback from the community about their experiences with the organization. Therefore, while the financial metrics and governance standards are exemplary, more insight into the organization's impact and community perception would add valuable context.


This AI summary has been generated from information found on Charity Navigator.

Is The American Center For Philanthropy Inc legitimate?

The American Center For Philanthropy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Center For Philanthropy 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

For more financial information, click here


Official website here: www.americancp.org

What is the mission statement of The American Center For Philanthropy Inc?

The American Center for Philanthropy Inc's mission is centered around promoting philanthropy. They achieve this by offering effective, efficient, and flexible means for individuals to accomplish their personal charitable objectives. This is done through the utilization of donor-advised funds. By providing these services, the organization aims to empower individuals in their charitable endeavors. In 2022, they made 972 grants to various charitable organizations.


Official website here: www.americancp.org

Who is the CEO of The American Center For Philanthropy Inc?

Gregory A Carlson is the President of The American Center For Philanthropy Inc.


Official website here: www.americancp.org

What is the revenue of The American Center For Philanthropy Inc?

The American Center For Philanthropy Inc's revenue in 2022 was $8,948,755.


Official website here: www.americancp.org

Who are the executives of The American Center For Philanthropy Inc and what are their salaries?

There 6 volunteers at The American Center For Philanthropy Inc.


Here are 6 key members and their salaries:


Gregory A Carlson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Estenson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Monaghan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Abdella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Hauskins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Weinzettel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.americancp.org

Where can I find the form 990 for The American Center For Philanthropy Inc?

The American Center For Philanthropy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.americancp.org

Learn more at the official website: www.americancp.org

Mission Statement of The American Center For Philanthropy Inc

The American Center for Philanthropy Inc. is committed to fostering philanthropy by offering effective, efficient, and flexible means for individuals to realize their personal charitable objectives. This is achieved by utilizing donor-advised funds. By doing so, the organization seeks to empower individuals, providing them with the tools necessary to make a meaningful impact in the causes they care about. In 2022, The American Center for Philanthropy made 972 grants to various charitable organizations, further demonstrating its dedication to promoting philanthropy and facilitating charitable giving.

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Impact




July, 2024

The American Center For Philanthropy Inc promotes philanthropy by providing effective, efficient, and flexible means for individuals to carry out their personal charitable objectives through donor-advised funds. In 2022, the center made 972 grants to charitable organizations, making a significant impact in supporting various causes and initiatives. Their mission is focused on encouraging and facilitating charitable giving to make a positive difference in communities.




This information is meant to be a general summary of The American Center For Philanthropy 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.

Revenue
$8,948,755 (2022)
Expenses
$3,919,915 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,211,625
  • Gross Receipts: $19,343,170

Assets and Liabilities:

  • Total Assets: $38,246,702
  • Total Liabilities: $24,500
  • Net Assets: $38,222,202

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Organization Details

Founding Year

2001

Principal Officer

Gregory A Carlson

Main Address

11 BRIDGE SQUARE 200, NORTHFIELD, MN, 55057

NTEE Category

Code: T30 - Philanthropy

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