American Indian College Fund
- Assets
- $151.6m
- Revenue
- $57.4m
- Investments
- $14.9m
- Employees
- 92
- Location
- Denver, CO
- Founding
- 02/1989
- Data as of
- 06/2022
- EIN
- 52-1573446
Organization Overview
American Indian College Fund is located in Denver, CO. The organization was established in 1989. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, American Indian College Fund employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Indian College Fund 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 06/2022, American Indian College Fund generated $57.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $40.0m during the year ending 06/2022. While expenses have increased by 7.3% per year over the past 8 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.
Since 2015, American Indian College Fund has awarded 353 individual grants totaling $52,390,379. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COLLEGE FUND PROVIDES SCHOLARSHIPS TO THOUSANDS OF AMERICAN INDIAN STUDENTS ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND GRANTS - PLEASE SEE SCHEDULE O FOR COMPLETE DESCRIPTION.
PUBLIC EDUCATION - PLEASE SEE SCHEDULE O FOR COMPLETE DESCRIPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leander Mcdonald Chair | OfficerTrustee | 1 | $0 |
Cynthia Lindquist 1st Vice-Chair | OfficerTrustee | 1 | $0 |
Sandra Boham 2nd Vice-Chair | OfficerTrustee | 1 | $0 |
Haven Gourneau Trustee | Trustee | 1 | $0 |
Michael Purvis Trustee/member At Large | Trustee | 1 | $0 |
Twyla Baker Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vladimir Jones Media Services | 6/29/23 | $1,646,071 |
Amergent Mail/database Support Services | 6/29/23 | $5,335,480 |
Wieden Kenedy Inc Advertising Services | 6/29/23 | $405,729 |
Veradata Digital Acquisitions | 6/29/23 | $180,513 |
Synergy Direct Marketing Solutions Llc Fundraising Consulting Services | 6/29/23 | $372,456 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,036,744 |
| Investment income | $1,742,537 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$301,115 |
| Net Income from Fundraising Events | -$130,117 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,441,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $14,676,857 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $797,589 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,641,957 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,023,128 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $73,529 |
| Fees for services: Investment Management | $444,794 |
| Fees for services: Other | $833,034 |
| Advertising and promotion | $7,477,910 |
| Office expenses | $146,568 |
| Information technology | $773,863 |
| Royalties | $0 |
| Occupancy | $136,438 |
| Travel | $194,975 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,486 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,660 |
| Insurance | $76,982 |
| All other expenses | $0 |
| Total functional expenses | $40,004,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,065,185 |
| Pledges and grants receivable | $10,114,369 |
| Accounts receivable, net | $1,896 |
| 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 | $53,333 |
| Investments—publicly traded securities | $120,193,634 |
| Investments—other securities | $14,896,159 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $688,541 |
| Total assets | $151,570,496 |
| Accounts payable and accrued expenses | $2,140,669 |
| 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 | $649,908 |
| Total liabilities | $2,790,577 |
| Net assets without donor restrictions | $59,982,109 |
| Net assets with donor restrictions | $88,797,810 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $148,779,919 |
Grants Awarded
Over the last fiscal year, American Indian College Fund has awarded $6,353,544 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
AANIIIH NAKODA COLLEGE PURPOSE: OPERATIONAL/PROGRAM SUPPORT | $204,914 |
AMERICAN INDIAN HIGHER EDUCATION CONSORTIUM PURPOSE: OPERATIONAL SUPPORT | $125,000 |
AMERICAN INDIAN SCIENCE & ENGINEERING SOCIETY PURPOSE: PROJECT SUPPORT | $25,000 |
BAY MILLS COMMUNITY COLLEGE PURPOSE: OPERATIONAL/PROGRAM SUPPORT | $316,614 |
BLACKFEET COMMUNITY COLLEGE PURPOSE: OPERATIONAL/PROGRAM SUPPORT | $87,914 |
CANKDESKA CIKANA COMMUNITY COLLEGE PURPOSE: OPERATIONAL/PROGRAM SUPPORT | $102,092 |