American Conservative Union Foundation is located in Alexandria, VA. The organization was established in 1983. According to its NTEE Classification (V05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Conservative Union 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 03/2023, American Conservative Union Foundation generated $8.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $9.3m during the year ending 03/2023. While expenses have increased by 14.2% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AMERICAN CONSERVATIVE UNION FOUNDATION INC. IS TO EDUCATE CITIZENS ABOUT CONSERVATIVE PRINCIPLES. THE FOUNDATION DOES THIS BY SIMPLIFYING COMPLEX ISSUES AND MAKING THEM ACCESSIBLE TO ALL AMERICANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matt Schlapp Chairman | OfficerTrustee | 5 | $0 |
Kimberly Bellissimo Secretary | OfficerTrustee | 5 | $0 |
Veronica Birkenstock Treasurer | Trustee | 2 | $0 |
Gordon Chang Director | Trustee | 2 | $0 |
Jonathan Garthwaite Director | Trustee | 2 | $0 |
Kt Mcfarland Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cmi Communications Communication | 3/30/23 | $1,894,073 |
Gaylord National Resort Convention Convention Center | 3/30/23 | $1,062,487 |
Hilton Anatole Convention Center | 3/30/23 | $896,978 |
Graves Garrett Llc Legal | 3/30/23 | $368,248 |
Freeman Conference Event | 3/30/23 | $335,214 |
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 | $4,018,921 |
Noncash contributions included in lines 1a–1f | $91,195 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,018,921 |
Total Program Service Revenue | $4,173,211 |
Investment income | $3,114 |
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 | $8,195,246 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $2,760,110 |
Fees for services: Legal | $509,395 |
Fees for services: Accounting | $6,775 |
Fees for services: Lobbying | $18,000 |
Fees for services: Fundraising | $11,781 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $832,171 |
Advertising and promotion | $29,886 |
Office expenses | $723,783 |
Information technology | $11,165 |
Royalties | $0 |
Occupancy | $539,828 |
Travel | $285,770 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,317,934 |
Interest | $69 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $98,926 |
All other expenses | $0 |
Total functional expenses | $9,298,061 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $437,038 |
Savings and temporary cash investments | $956,106 |
Pledges and grants receivable | $1,753,701 |
Accounts receivable, net | $37,210 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $8,613 |
Investments—publicly traded securities | $948,651 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $32,024 |
Total assets | $4,173,343 |
Accounts payable and accrued expenses | $1,091,771 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,223,139 |
Total liabilities | $3,314,910 |
Net assets without donor restrictions | $767,496 |
Net assets with donor restrictions | $90,937 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,173,343 |
Over the last fiscal year, American Conservative Union Foundation has awarded $290,000 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
AMERICANS OF FAITH PURPOSE: Subgrant to Americans of Faith | $90,000 |
FOUNDATION AT ARKANSAS BAPTIS PURPOSE: General Support | $25,000 |
PELICAN INSTITUTE PUBLIC PURPOSE: General Support | $10,000 |
SHOW-ME INSTITUTE PURPOSE: General Support | $20,000 |
AMERICANS OF FAITH PURPOSE: Subgrant to Americans of Faith | $90,000 |
FOUNDATION AT ARKANSAS BAPTIS PURPOSE: General Support | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Civil-Military Innovation Institute Inc Morgantown, WV | $8,014,894 | $17,160,971 |
American Conservative Union Foundation Alexandria, VA | $4,173,343 | $8,195,246 |
Center For European Policy Analysis Washington, DC | $6,278,980 | $5,700,315 |
American Action Forum Inc Washington, DC | $1,490,387 | $3,351,495 |
Cardinal Institute For West Virginia Policy Inc Charleston, WV | $871,065 | $923,030 |
Knowledge Ecology International Inc Washington, DC | $2,152,356 | $1,143,175 |
Secular Coalition For America Education Fund Washington, DC | $403,020 | $293,267 |
Womens Institute For Science Equity And Race Mechanicsville, VA | $0 | $575,370 |
Usa Intellectual Property Research And Education Institute Yorktown, VA | $68,046 | $0 |
Centre For Spatial Law And Policy Richmond, VA | $51,401 | $0 |
Prout Research Institute Marshall, NC | $429,579 | $122,819 |
Community-Academic Consortium For Research On Alternative Sexualitie College Park, MD | $15,195 | $0 |
Educational Policy Institute Inc Virginia Beach, VA | $124,135 | $0 |