The Africa Plan Foundation
- Assets
- $809.0k
- Revenue
- $14.3k
- Investments
- $552.4k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/2013
- Data as of
- 12/2023
- EIN
- 45-3998232
Organization Overview
The Africa Plan Foundation is located in Wilmington, DE. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Africa Plan 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 12/2023, Africa Plan Foundation generated $14.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $55.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Africa Plan Foundation has awarded 77 individual grants totaling $363,502. 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 Program Activity:
Part 3 - Line 4a
BOOTCAMP HACKATHON NIGERIA - RENTING OUT A COMMUNITY CENTER AND PROVIDING FREE STEM EDUCATION AND JOB PLACEMENT FOR YOUNG ADULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
K Oni Chukwu Pres, Dir, Sec | 10 | $0 | |
Leslie Koons VP | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,600 |
| Interest on Savings | $9,078 |
| Dividends & Interest | $11,882 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,269 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,291 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,957 |
| Total operating and administrative expenses | $20,107 |
| Contributions, gifts, grants paid | $35,182 |
| Total expenses and disbursements | $55,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $256,592 |
| 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 | $809,013 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $8,182 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,182 |
Grants Awarded
Over the last fiscal year, The Africa Plan Foundation has awarded $35,182 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CONNECTICUT INVENTION CONVENTION INC PURPOSE: PUSH FOR ENTREPRENEURSHIP | $2,000 |
DOMUS KIDS INC PURPOSE: BOARD MEMBER DINNER FUND | $8,182 |
DOMUS KIDS INC PURPOSE: CHARITABLE EVENT | $10,000 |
ELENAS LIGHT INC PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
PARK CITY PRESENTS PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
UNIVERSITY OF NEW HAVEN PURPOSE: ANEMONE & STEVEN KAPLAN HALL FUND | $10,000 |