American School In London Foundation
- Assets
- $3.4m
- Revenue
- $23.4m
- Investments
- $0.0
- Employees
- 132
- Location
- Princeton, NJ
- Founding
- 01/1968
- Data as of
- 06/2023
- EIN
- 13-6258480
Organization Overview
American School In London Foundation is located in Princeton, NJ. The organization was established in 1968. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, American School In London Foundation employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American School In London 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 06/2023, American School In London Foundation generated $23.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $22.8m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN SCHOOL IN LONDON FOUNDATION WAS ORGANIZED FOR CHARITABLE AND EDUCATIONAL PURPOSES AND PRIMARILY FURNISHES FINANCIAL AND ADMINISTRATIVE SUPPORT BY EMPLOYING AND ADMINISTERING SOME OF THE TEACHING AND ADMINISTRATIVE STAFF AT THE AMERICAN SCHOOL IN LONDON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN SCHOOL IN LONDON FOUNDATION EMPLOYS AND SECONDS TO THE AMERICAN SCHOOL IN LONDON EDUCATIONAL TRUST LTD (THE "SCHOOL") A LARGE PORTION OF THE SCHOOL'S FACULTY AND ADMINSITRATORS. ADDITIONALLY, THE FOUNDATION RAISES FUNDS AND MAKES GRANTS TO THE SCHOOL FOR VARIOUS PURPOSES WHICH INLCUDE (A) SUPPORT FOR FACULTY AND STAFF SALARIES, BENEFITS AND PROFESSIONAL DEVELOPMENT, (B) FINANCIAL AID FOR STUDENTS, (C) EDUCATIONAL, AHTLETIC, ARTS, CULTURAL, AND COMMUNITY ENRICHMENT PROGRAMS, AND (D) SUPPORT FOR FACILIITES AND EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Vice-President | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 0.5 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $969,776 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,430,378 |
| Noncash contributions included in lines 1a–1f | $566,851 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,400,154 |
| Total Program Service Revenue | $16,933,874 |
| Investment income | $1,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $76,891 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,412,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,173,839 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $588,859 |
| Compensation of current officers, directors, key employees. | $588,859 |
| Compensation to disqualified persons | $803,757 |
| Other salaries and wages | $14,326,649 |
| Pension plan accruals and contributions | $1,374,201 |
| Other employee benefits | $0 |
| Payroll taxes | $243,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $121,424 |
| Fees for services: Accounting | $60,772 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,422 |
| Advertising and promotion | $0 |
| Office expenses | $4,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $27,702 |
| All other expenses | $0 |
| Total functional expenses | $22,803,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,562 |
| Savings and temporary cash investments | $1,347,749 |
| Pledges and grants receivable | $643,319 |
| Accounts receivable, net | $1,215,652 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $209,600 |
| Total assets | $3,429,882 |
| Accounts payable and accrued expenses | $2,340,472 |
| Grants payable | $203,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,543,472 |
| Net assets without donor restrictions | $886,410 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,429,882 |