Aum Capital Group Charitable Foundation

The information for Aum Capital Group Charitable Foundation is as of the organization's most recent filing in December 2019. This organization is located in Huntsville, AL. It has been in existence for 5 years, following its founding in 2014.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Aum Capital Group Charitable Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Grant History

Our dataset has five years of grant history for the Aum Capital Group Charitable Foundation. In that time, they have awarded 77 grants, with an average check size of $2,590. Nine of the grants were awarded in the Education sector, five in Human Services, and three in Health Care. Additionally, the organization most frequently awards grants in the state of Alabama (64), followed by Washington (1), New York (2), District of Columbia (1), Massachusetts (1), Tennessee (2), Louisiana (1), California (1), Virginia (1), Mississippi (1), Texas (1), and Georgia (1).