Associated Foundations Incorporated
- Assets
- $0.0
- Revenue
- $21.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashburn, VA
- Founding
- 03/1974
- Data as of
- 06/2022
- EIN
- 23-7324126
Organization Overview
Associated Foundations Incorporated is located in Ashburn, VA. The organization was established in 1974. 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. Associated Foundations Incorporated 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 06/2022, Associated Foundations Incorporated generated $21.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (72.2%) each year. All expenses for the organization totaled $990.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Associated Foundations Incorporated has awarded 62 individual grants totaling $5,548,268. 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 |
|---|---|---|---|
Marie C Herlihy President | 0 | $0 | |
Dina Morgan Secretary | 0 | $0 | |
Alan Goedde Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21 |
| 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 | $21 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $109,394 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,445 |
| Depreciation | $0 |
| Occupancy | $9,516 |
| Travel, conferences, and meetings | $4,143 |
| Printing and publications | $0 |
| Other expenses | $11,509 |
| Total operating and administrative expenses | $179,978 |
| Contributions, gifts, grants paid | $810,000 |
| Total expenses and disbursements | $989,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Associated Foundations Incorporated has awarded $810,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA ASSOCIATION OF MUSEUMS PURPOSE: PROGRAM SERVICES FOR MEMBER MUSEUMS | $67,500 |
FORT MACARTHUR MUSEUM ASSOCIATION PURPOSE: EDUCATION PROGRAM | $67,500 |
FRIENDS OF CABRILLO MARINE AQUARIUM PURPOSE: AQUARIUM'S YOUNG SCIENTISTS PROGRAM ENDOWMENT FUND | $250,000 |
THE HENRY E HUNTINGTON LIBRARY AND ART GALLERY PURPOSE: TEACHING GREENHOUSE AND THE BARRY H. HERLIHY HORTICULTURAL PAVILION ENDOWMENT FUND | $425,000 |