Accenture Foundation Inc
- Assets
- $117.4m
- Revenue
- $19.2m
- Investments
- $117.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1999
- Data as of
- 08/2023
- EIN
- 36-4296414
Organization Overview
Accenture Foundation Inc is located in Chicago, IL. The organization was established in 1999. 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. Accenture 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 08/2023, Accenture Foundation Inc generated $19.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $24.1m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Accenture Foundation Inc has awarded 188 individual grants totaling $114,824,737. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SUPPORT OF EDUCATIONAL AND CHARITABLE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL GRANTS - THE PRIMARY PURPOSE OF THE GLOBAL GRANTS PROGRAM IS TO PROVIDE SUPPORT FOR INITIATIVES WHICH CREATE A POSITIVE, SUSTAINABLE CHANGE IN PEOPLE'S LIVES AND WHICH BUILD SKILLS THAT ENABLE PEOPLE TO PARTICIPATE IN AND CONTRIBUTE TO THE WELL-BEING OF THE BROADER COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Jecmen Executive Director | 20 | $0 | |
Grant Ireland Director | 0.5 | $0 | |
Jennifer Handa Director | 0.5 | $0 | |
Jill Huntley President/director | 0.5 | $0 | |
Omar Boulos Director | 0.5 | $0 | |
Francesca Patellani Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,047,125 |
| Interest on Savings | $3,882,275 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,270,048 |
| Capital Gain Net Income | $2,270,048 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,199,448 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $128,825 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,398 |
| Total operating and administrative expenses | $183,333 |
| Contributions, gifts, grants paid | $23,911,494 |
| Total expenses and disbursements | $24,094,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $230,247 |
| 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 | $117,192,158 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $117,422,405 |
| Accounts payable and accrued expenses | $2 |
| Grants payable | $14,528,329 |
| 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 | $14,528,331 |
Grants Awarded
Over the last fiscal year, Accenture Foundation Inc has awarded $32,802,791 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN INSTITUTE PURPOSE: DRIVING ECONOMIES OF SCALE AND IMPROVED IMPACT AND TRANSFORMATION - PEOPLE IN JOBS - THANKS TO SMART RE-APPLICATION OF TOOLS, METHODS, AND PARTNERS | $2,140,388 |
EMIRATES WWF PURPOSE: REFUGEE SUPPORT | $180,000 |
EXPONENTIAL ROADMAP INITIATIVE (ERI) PURPOSE: SUPPORT SUSTAINABILITY INITIATIVES | $100,000 |
ETAC (EMPOWERING THE TURKISH AMERICAN COMMUNITY) PURPOSE: EARTHQUAKE RELIEF IN TURKEY & SYRIA | $30,871 |
FUNDACIN ECOLOGA Y DESARROLLO (ECODES) PURPOSE: SUPPORT SUSTAINABILITY INITIATIVES | $100,000 |
FUNDACION ENTRECULTURAS PATH FOR A DIGITAL AND SUSTAINABLE WORLD PURPOSE: IN SUPPORT OF THE PATH FOR A DIGITAL AND SUSTAINABLE WORLD INITIATIVE | $2,490,196 |