American Express Foundation
- Assets
- $45.5m
- Revenue
- $704.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1956
- Data as of
- 12/2022
- EIN
- 13-6123529
Organization Overview
American Express Foundation is located in New York, NY. The organization was established in 1956. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Express Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Express Foundation generated $704.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.3%) each year. All expenses for the organization totaled $21.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, American Express Foundation has awarded 32,017 individual grants totaling $79,834,017. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laureen Seeger Trustee | 0.12 | $0 | |
Stephen J Squeri Trustee | 0.12 | $0 | |
Jennifer Skyler Chair And Trustee | 0.19 | $0 | |
Jeff Campbell Treasurer And Trustee | 0.12 | $0 | |
Vivian Zhou Resigned Jun 22 Assistant Treasurer | 0.04 | $0 | |
David A Kanarek Counsel | 0.12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,339 |
| Interest on Savings | $701,143 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $704,482 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $159,639 |
| Total operating and administrative expenses | $175,389 |
| Contributions, gifts, grants paid | $21,223,746 |
| Total expenses and disbursements | $21,399,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,541,138 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,541,138 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, American Express Foundation has awarded $30,048,746 in support to 9,146 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG WOMENS CHRISTIAN ASSOCIATION OF UTAH PURPOSE: GENERAL SUPPORT | $79 |
YELLOWSTONE FOREVER PURPOSE: GENERAL SUPPORT | $24 |
YADKIN RIVERKEEPER INC PURPOSE: GENERAL SUPPORT | $300 |
YORK COUNTY HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $200 |
YORK COUNTY HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $200 |
YORK COUNTY HUMANE SOCIETY PURPOSE: GENERAL SUPPORT | $67 |