Securing Americas Future Energy Foundation
- Assets
- $6.4m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 84
- Location
- Washington, DC
- Founding
- 12/2004
- Data as of
- 12/2022
- EIN
- 20-1727977
Organization Overview
Securing Americas Future Energy Foundation is located in Washington, DC. The organization was established in 2004. 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. As of 12/2022, Securing Americas Future Energy Foundation employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Securing Americas Future Energy 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, Securing Americas Future Energy Foundation generated $5.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $9.2m during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACCELERATING THE REAL-WORLD DEPLOYMENT OF SECURE, RESILIENT, AND SUSTAINABLE TRANSPORTATION AND ENERGY SOLUTIONS OF THE UNITED STATES, AND ITS PARTNERS AND ALLIES, BY SHAPING POLICIES, PERCEPTIONS, AND PRACTICES THAT CREATE OPPORTUNITY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMANDING HEIGHTS - BUILDING SUPPORT FOR BIPARTISAN, BICAMERAL POLICY SOLUTIONS TO FACILITATE AMERICAN COMPETITIVENESS IN TOMORROW'S TECHNOLOGY DRIVEN TRANSPORTATION SECTOR - FROM CRITICAL MINERALS PRODUCTION AND PROCESSING WITH ETHICAL AND ENVIRONMENTAL STANDARDS, TO THE MANUFACTURING OF ELECTRIC VEHICLE BATTERIES AND THE END-USER MARKETS.
REIMAGINED MOBILITY - AS A GLOBAL INITIATIVE OF THE ORGANIZATION SAFE, THE COALITION FOR REIMAGINED MOBILITY ADVANCES A VISION FOR HOW NEW MOBILITY TECHNOLOGIES AND SERVICES WILL SHAPE TRANSPORTATION OUTCOMES THAT ARE BETTER FOR PEOPLE AND PLANET.
POLICY DEVELOPMENT - TO INFORM THE GENERAL PUBLIC, OPINION LEADERS AND KEY DECISION MAKERS ABOUT THE NATION'S ECONOMIC AND NATIONAL SECURITY RISK AS IT RELATES TO ITS DEPENDENCE ON OIL THROUGH REPORTS, TECHNICAL REVIEWS, RELEVANT RESEARCH AND STRATEGIC EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raphael Diamond President & CEO | OfficerTrustee | 24 | $175,290 |
Admiral Dennis C Blair Chairman | OfficerTrustee | 1 | $0 |
Robert S Hirt Secretary | OfficerTrustee | 1 | $0 |
Reuben Munger Immediate Past Chair(until Oct 2022) | Trustee | 1 | $0 |
Michael Granoff Board Director | Trustee | 1 | $0 |
Ambassador Alfred Hoffman Jr Board Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Roland Berger Lp Consulting Services | 12/30/22 | $435,000 |
Boundary Stone Partners Llc Consulting Services | 12/30/22 | $252,321 |
Ronald E Minsk Consulting Services | 12/30/22 | $183,600 |
Arent Fox Llp Legal Services | 12/30/22 | $157,024 |
Alliance Executive Search Llc Consulting Services | 12/30/22 | $141,751 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,390,394 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,390,394 |
| Total Program Service Revenue | $449,331 |
| Investment income | $2,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,848,710 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $47,237 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,010,449 |
| Compensation of current officers, directors, key employees. | $162,769 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,453,776 |
| Pension plan accruals and contributions | $75,799 |
| Other employee benefits | $250,694 |
| Payroll taxes | $278,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $82,026 |
| Fees for services: Accounting | $124,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,606,071 |
| Advertising and promotion | $62,523 |
| Office expenses | $94,274 |
| Information technology | $125,719 |
| Royalties | $0 |
| Occupancy | $256,888 |
| Travel | $288,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,632 |
| Interest | $16,273 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,380 |
| Insurance | $2,342 |
| All other expenses | $0 |
| Total functional expenses | $9,219,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,570 |
| Savings and temporary cash investments | $10,272 |
| Pledges and grants receivable | $1,352,228 |
| Accounts receivable, net | $2,292 |
| 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 | $232,408 |
| Net Land, buildings, and equipment | $493,042 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,991,603 |
| Total assets | $6,446,415 |
| Accounts payable and accrued expenses | $715,064 |
| Grants payable | $0 |
| 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 | $350,000 |
| Other liabilities | $5,611,871 |
| Total liabilities | $6,676,935 |
| Net assets without donor restrictions | -$1,761,326 |
| Net assets with donor restrictions | $1,530,806 |
| 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 | $6,446,415 |
Grants Awarded
Over the last fiscal year, Securing Americas Future Energy Foundation has awarded $302,757 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ELECTRIFICATION COALITION ALLIANCE PURPOSE: GRANT TO SUPPORT PROGRAM ACTIVITIES IN FURTHERANCE OF THE MISSION OF SECURING AMERICA'S FUTURE ENERGY FOUNDATION. | $6,940 |
SECURING AMERICA'S FUTURE ENERGY ALLIANCE PURPOSE: GRANT TO SUPPORT PROGRAM ACTIVITIES IN FURTHERANCE OF THE MISSION OF SECURING AMERICA'S FUTURE ENERGY FOUNDATION. | $145,817 |
CAROLINA'S ALLIANCE FOR INNOVATION INC PURPOSE: GRANT TO SUPPORT PROGRAM ACTIVITIES IN FURTHERANCE OF THE MISSION OF SECURING AMERICA'S FUTURE ENERGY FOUNDATION. | $150,000 |