Acc Foundation
- Assets
- $169.4k
- Revenue
- $569.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2009
- Data as of
- 09/2021
- EIN
- 52-1358578
Organization Overview
Acc Foundation is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acc 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 09/2021, Acc Foundation generated $569.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $552.3k during the year ending 09/2021. While expenses have increased by 10.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ACC FOUNDATION SUPPORTS THE EFFORTS OF THE ASSOCIATION OF CORPORATE COUNSEL- SEE SCH O
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP & PROFESSIONAL DEVELOPMENT: THE ACC FOUNDATION CONDUCTS SEMINARS, COLLOQUIA, MEETINGS AND OTHER EDUCATIONAL PROGRAMS WHICH ADVANCE THE CONTINUING PROFESSIONAL EDUCATION OF ATTORNEYS EMPLOYED BY ORGANIZATIONS IN THE PRIVATE SECTOR.
DIVERSITY & PRO BONO: ACC FOUNDATION SUPPORTS VARIOUS NATIONAL DIVERSE BAR ASSOCIATIONS TO FURTHER PROMOTE DIVERSITY AND INCLUSION INITIATIVES IN THE CORPORATE LEGAL PROFESSION. THE ACC FOUNDATION ALSO LOOKS TO ENGAGE DIVERSE COUNSEL FROM CORPORATE LEGAL DEPARTMENTS, LAW FIRMS AND LEGAL SERVICE PROVIDERS, BY ENCOURAGING PARTICIPATION AND SPONSORSHIP AT THE EDUCATIONAL CONFERENCES AND ANNUAL MEETINGS OF DIVERSE LEGAL BARS. IN ADDITION TO THIS SUPPORT, WE ACTIVELY SEEK DIVERSE COUNSEL TO PARTICIPATE IN OUR OWN EDUCATIONAL TRAINING AND PRESENTATIONS, AS WELL AS OPPORTUNITIES FOR SUBJECT-MATTER EXPERTS TO SERVE AS FACULTY FOR ACC AND/OR ACC FOUNDATION PROGRAMS. ACC FOUNDATION ENCOURAGES PRO BONO ACTIVITIES THAT LEND LEGAL SUPPORT TO THE MEMBERS OF LOCAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia J Trudeau Treasurer/secretary | OfficerTrustee | 1 | $0 |
Veta T Richardson President | OfficerTrustee | 1 | $0 |
Tori Payne Treasurer | OfficerTrustee | 1 | $0 |
Catherine Moynihan Secretary | OfficerTrustee | 1 | $0 |
Jennifer Chen Director | Officer | 37.5 | $0 |
James Merklinger Director | Trustee | 1 | $0 |
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 | $431,738 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $431,738 |
| Total Program Service Revenue | $137,212 |
| Investment income | $0 |
| 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 | $568,950 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,250 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,330 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,639 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,239 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $199,296 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $272,371 |
| Total functional expenses | $552,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,927 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,425 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $169,352 |
| Accounts payable and accrued expenses | $66,048 |
| 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 | $265,211 |
| Total liabilities | $331,259 |
| Net assets without donor restrictions | -$161,907 |
| Net assets with donor restrictions | $0 |
| 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 | $169,352 |
Grants Awarded
Over the last fiscal year, Acc Foundation has awarded $155,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: To support corporate pro bono program. | $130,000 |
Silver Spring, MD PURPOSE: To develop classroom and grassroots programs that education students and communities about law, democracy, and human rights. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Acc Foundation has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Desbrisay Sigler Family Foundation Vancouver, WA PURPOSE: GENERAL SUPPORT OF ORGANIZATION | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cecil D Hylton Memorial Chapel Woodbridge, VA | $12,878,784 | $1,107,990 |
Love Of Jesus Inc Richmond, VA | $78,913 | $756,026 |
Cathedral Of The Sacred Heart Foundation Richmond, VA | $1,493,251 | $566,622 |
Camp St Charles Inc Issue, MD | $696,980 | $720,122 |
Virginia Baptist Childrens Home & Family Services Foundation Salem, VA | $12,915,726 | $2,531,560 |
Acc Foundation Washington, DC | $169,352 | $568,950 |
Remnant Ministry Annandale, VA | $2,109,776 | $382,307 |
Northstar Community Inc Richmond, VA | $346,757 | $398,467 |
Barnabas Center- Richmond Richmond, VA | $205,831 | $470,219 |
Bruton Parish Church Endowment Fund Inc Williamsburg, VA | $13,990,916 | $89,154 |
Mt Gilead Community Development Corporation Richmond, VA | $18,665 | $295,772 |
St Johns Episcopal Church Endowment Fund Inc Richmond, VA | $3,860,300 | $760,109 |