Aami Foundation Inc

Organization Overview

Aami Foundation Inc is located in Arlington, VA. The organization was established in 2011. 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. Aami Foundation Inc 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 09/2023, Aami Foundation Inc generated $259.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $378.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Aami Foundation Inc has awarded 15 individual grants totaling $545,639. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE AAMI FOUNDATION ACHIEVES ITS VISION THROUGH THE AWARDING OF SCHOLARSHIPS, AWARDS, GRANTS, AND OTHER ENDEAVORS TO STRENGTHEN THE KNOWLEDGE OF HEALTH TECHNOLOGY PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PATIENT SAFETY PROGRAMS AIM TO ENGAGE THE HEALTHCARE COMMUNITY IN MULTIDISCIPLINARY SAFETY INITIATIVES THAT STRENGTHEN THE DEVELOPMENT, MANAGEMENT, AND USE OF HEALTHCARE TECHNOLOGY FOR IMPROVED PATIENT OUTCOMES.


THE MARY K. LOGAN RESEARCH AWARDS IS A GRANT PROGRAM AIMED AT SUPPORTING RESEARCH THAT ENHANCES THE SAFE ADOPTION AND SAFE USE OF HEALTH TECHNOLOGY.


THE MICHAEL J. MILLER SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS TO QUALIFIED STUDENTS WHO ARE PURSUING AN EDUCATION IN HEALTHCARE TECHNOLOGY MANAGEMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Stephen Campbell
Executive Director
$78,803
Walt Rosebrough
Chair
$0
Janet Prust
Vice-Chair
$0
Heidi Horn MA Aamif
Treasurer/secretary
$0
Donna Dyer
Director
$0
Elena Buckley Cce Chtm
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Association Development Solutions
Fundraising Professionals
$275,000
Transition Management Consulting Inc
Consulting Services
$105,706
View All Vendors

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$90,282
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$90,282
Total Program Service Revenue$0
Investment income $169,208
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 $259,490

Grants Awarded

Over the last fiscal year, Aami Foundation Inc has awarded $113,939 in support to 4 organizations.

Grant RecipientAmount

EMERGENCY CARE RESEARCH INSTITUTE (ECRI)

PURPOSE: MARY K. LOGAN RESEARCH GRANT

$78,720

BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY

PURPOSE: KILMER RESEARCH GRANT

$10,000

EMORY UNIVERSITY

PURPOSE: KILMER RESEARCH GRANT

$11,452

BECTON DICKSON & COMPANY

PURPOSE: KILMER RESEARCH GRANT

$13,767
View Grant Profile

Peer Organizations

Organization NameAssets
Breakthrough Prize Foundation
Washington, DC
$98,745,658
Thurgood Marshall College Fund Inc
Washington, DC
$77,840,126
Charles Koch Foundation
Arlington, VA
$572,988
Virginia Student Aid Foundation
Charlottesville, VA
$59,716,708
Educational Foundation Inc
Chapel Hill, NC
$82,405,052
Foundation For Advanced Education In The Sciences Inc
Bethesda, MD
$42,449,991
Horatio Alger Association Of Distinguished Americans Inc
Alexandria, VA
$22,420,571
The North Carolina A&t Real Estate Foundation Inc
Greensboro, NC
$33,021,773
Ray And Kay Eckstein Charitable Trust
Paducah, KY
$14,667,434
James Madison University Foundation Inc
Harrisonburg, VA
$21,589,923
Hca Healthcare Foundation
Nashville, TN
$75,314,080
Nc Student Aid Association Inc
Raleigh, NC
$35,950,194
Somerset Community Services Inc
Marion Station, MD
$21,032,696
American Association Of University Women Inc
Washington, DC
$12,036,557
Marine Corps Scholarship Foundation Inc
Alexandria, VA
$37,411,876
Indian Paintbrush Foundation
Washington, DC
$1,521,981,843
Amity Medical Group Inc
Charlotte, NC
$14,124,269
District Of Columbia College Access Program
Washington, DC
$7,962,700
Way To Rise
Washington, DC
$23,023,139
Children Of Fallen Patriots Foundation
Reston, VA
$12,377,838
Morehead Cain Foundation
Chapel Hill, NC
$29,358,947
Education Foundation Scholarship Endowment Trust
Chapel Hill, NC
$25,037,284
Asian And Pacific Islander American Scholarship Fund
Washington, DC
$13,616,717
Capital One Foundation Inc
Mclean, VA
$21,841,693
National Consortium For Graduate Dgrs Minorities In Engineering
Alexandria, VA
$13,705,738

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