Acfe Foundation

Organization Overview

Acfe Foundation is located in Austin, TX. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acfe 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, Acfe Foundation generated $327.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $149.7k during the year ending 12/2021. While expenses have increased by 14.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ACFE FOUNDATION'S MISSION IS TO INCREASE THE BODY OF ANTI-FRAUD KNOWLEDGE AND SUPPORT FUTURE ANTI-FRAUD PROFESSIONALS WORLDWIDE THROUGH THE FUNDING OF SCHOLARSHIPS, ENDOWMENTS, RESEARCH AND OTHER EDUCATIONAL PROJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACFE FOUNDATION PROVIDED SCHOLARSHIPS TO ENCOURAGE STUDENTS TO PURSUE CAREERS IN FRAUD EXAMINATION AND PROVIDED RESOURCES FOR RESEARCH ON THE DETECTION AND DETERRENCE OF FRAUD.


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Board, Officers & Key Employees

Name (title)Compensation
Jala Attia
Vice Chairman
$0
Jeannie Kwong
Treasurer
$0
John Warren
Secretary
$0
Charles Washington
Chairman
$0
Jeanette Levie
Asst Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$68,771
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$209,253
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$278,024
Total Program Service Revenue$0
Investment income $26,896
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,453
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $327,373

Grants Awarded

Over the last fiscal year, Acfe Foundation has awarded $30,000 in support to 3 organizations.

Grant RecipientAmount

BAYLOR UNIVERSITY

Org PageRecipient Profile

Waco, TX

PURPOSE: Research project grant

$15,000

UNIVERSITY OF ALABAMA

Org PageRecipient Profile

Tuscaloosa, AL

PURPOSE: Research project grant

$7,500

COLLEGE OF WILLIAM AND MARY

PURPOSE: Research project grant

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Acfe Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Barbetta Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$5,000
View Grant Recipient Profile

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