Amani Family Foundation
- Assets
- $45.8m
- Revenue
- $16.2m
- Investments
- $40.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 20-8037973
Organization Overview
Amani Family Foundation is located in Wilmington, DE. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Amani Family 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 12/2021, Amani Family Foundation generated $16.2m in total revenue. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 23.2% per year over the past 7 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,779,720 |
| Interest on Savings | $484 |
| Dividends & Interest | $437,808 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,982,910 |
| Capital Gain Net Income | $7,395,976 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,896 |
| Total Revenue | $16,212,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $227,860 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,874 |
| Total operating and administrative expenses | $320,352 |
| Contributions, gifts, grants paid | $1,931,309 |
| Total expenses and disbursements | $2,251,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,349,638 |
| Net Accounts receivable | $21,673 |
| 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 | $874,599 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,849,271 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $21,673 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,673 |
Grants Awarded
Over the last fiscal year, Amani Family Foundation has awarded $1,270,717 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: THE AMANI FUND (SEE GENERAL EXPLANATION) | $1,269,081 |
Boston, MA PURPOSE: THE AMANI FUND | $1,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |
Nsn Foundation Inc Roseland, NJ | $55,407,565 | $72,760,212 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Zimmer Family Foundation Inc Saddle River, NJ | $21,093,817 | $10,817,000 |
Molina Healthcare Charitable Foundation Wilmington, DE | $6,023,085 | $109,085 |
David R & Patricia D Atkinson Foundation Princeton, NJ | $114,019,131 | $20,460,455 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Workday Foundation Wilmington, DE | $43,827,189 | $3,435,808 |
Illumina Corporate Foundation Wilmington, DE | $8,163,072 | $7,329,761 |
William And Phyllis Mack Family Foundation Inc Fort Lee, NJ | $6,899,137 | $5,510,037 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |