Overview
What is The American Foundation For Charitable Support Inc?
The American Foundation for Charitable Support Inc, situated in Phoenix, Arizona, serves as a facilitator for privatized philanthropy. Their mission is to promote and enhance the effectiveness of charitable organizations by creating family foundations and endowments, allowing donors to retain control over charitable grant-making. They achieve this by establishing individual, family, and corporate foundations primarily within the public charity setting. Their activities include administrative expenses, printing, travel, promotional costs, and grant distribution. Their goal is to generate substantial new philanthropy through these initiatives and develop charitable programs to improve the governance structure and human resources of charities.
Official website here: www.americanfoundation.org
Is The American Foundation For Charitable Support Inc legitimate?
The American Foundation For Charitable Support Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Foundation For Charitable Support 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: $8,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.americanfoundation.org
What is the mission statement of The American Foundation For Charitable Support Inc?
The American Foundation for Charitable Support Inc's mission is centered around promoting and facilitating the privatization of philanthropy, aiming to make charities more effective and successful. This privatization involves creating endowments or family foundations, where donors or donor families have ongoing involvement and direction over charitable grant-making. The foundation achieves this mission by establishing individual, family, and corporate foundations mainly in the more advantageous public charity setting. By doing so, individuals, family members, and corporate executives retain control over charitable distributions. The result of this mission is the creation of significant amounts of new and more effective philanthropy. The foundation is also developing new charitable programs to help charities improve their governance structure and human resources.
Official website here: www.americanfoundation.org
Who is the CEO of The American Foundation For Charitable Support Inc?
Unavailable
Official website here: www.americanfoundation.org
What is the revenue of The American Foundation For Charitable Support Inc?
The American Foundation For Charitable Support Inc's revenue in 2022 was $2,317,166.
Official website here: www.americanfoundation.org
Who are the executives of The American Foundation For Charitable Support Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $1,600
- Related: $91,174
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
Official website here: www.americanfoundation.org
Where can I find the form 990 for The American Foundation For Charitable Support Inc?
The American Foundation For Charitable Support Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanfoundation.org
Learn more at the official website: www.americanfoundation.org
Mission Statement of The American Foundation For Charitable Support Inc
The American Foundation for Charitable Support, Inc., is committed to promoting and facilitating the privatization of philanthropy, with the goal of making charities more effective and successful. At the core of their mission, they aim to create endowments or family foundations where donors, or donor families, have ongoing involvement and direction over charitable grant-making. This approach to philanthropy, known as privatization, allows individuals, family members, and corporate executives to retain control over the distribution of their charitable contributions.
By achieving this mission, The American Foundation for Charitable Support, Inc., creates vast amounts of new and more effective philanthropy. They accomplish this by establishing individual, family, and corporate foundations, primarily within the more advantageous public charity setting. This setup allows for ongoing direction over charitable distributions, resulting in a more personalized and impactful approach to philanthropy.
In addition to promoting privatization, The American Foundation for Charitable Support, Inc., is developing new charitable programs designed to help charities improve their governance structure and human resources. These programs aim to enhance the overall effectiveness of the charitable sector, ensuring that donations are used in the most efficient and impactful manner possible.
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Impact
October, 2024
The American Foundation for Charitable Support Inc significantly impacts the landscape of philanthropy by promoting and facilitating the privatization of charitable giving. This approach involves the establishment of endowments and family foundations that ensure ongoing donor involvement in charitable grant-making processes. By creating individual, family, and corporate foundations, the foundation empowers donors to retain control and direction over their charitable contributions, leading to a more personalized and effective distribution of resources.
Through its initiatives, the foundation actively works to enhance the effectiveness of charities. It develops programs aimed at improving governance structures and human resources within these organizations, equipping them with the tools necessary for greater operational efficiency. The foundation’s commitment to fostering vast amounts of new and effective philanthropy has resulted in substantial financial allocations to support various charitable organizations.
The foundation's efforts not only contribute to the sustainability of philanthropic efforts but also encourage deeper engagement from donors, creating a cycle of giving that benefits both the donors and the communities served. Overall, the American Foundation for Charitable Support Inc plays a crucial role in shaping a more effective philanthropic environment.
This information is meant to be a general summary of The American Foundation For Charitable Support 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: $1,040,169
- Gross Receipts: $4,247,758
Assets and Liabilities:
- Total Assets: $15,800,892
- Total Liabilities: $8,708,713
- Net Assets: $7,092,179
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Organization Details
Phone
(602) 955-4770Main Address
4518 NORTH 32ND ST, PHOENIX, AZ, 85018
Website
www.americanfoundation.orgNTEE Category
Code: T11 - Philanthropy
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