American Institute Of Architects College Of Fellows Fund Inc
- Assets
- $3.1m
- Revenue
- $491.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/2003
- Data as of
- 12/2022
- EIN
- 71-0887547
Organization Overview
American Institute Of Architects College Of Fellows Fund Inc is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, 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. American Institute Of Architects College Of Fellows Fund Inc 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 12/2022, American Institute Of Architects College Of Fellows Fund Inc generated $491.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $451.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Institute Of Architects College Of Fellows Fund Inc has awarded 15 individual grants totaling $569,491. 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 PURPOSE OF THE COLLEGE OF FELLOWS IS TO STIMULATE A SHARING OF INTEREST AMONG FELLOWS; TO PROMOTE THE PURPOSES OF THE INSTITUTE; TO ADVANCE THE PROFESSION OF ARCHITECTURE; TO MENTOR YOUNG ARCHITECTS; AND TO BE OF EVER-INCREASING SERVICE TO SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION AND RECOGNITION: THE COLLEGE OF FELLOWS HOLDS EVENTS AT THE AIA'S ANNUAL CONVENTION TO PROMOTE THE PROFESSION OF ARCHITECTURE AS WELL AS ARCHITECTURAL EDUCATION. THE COLLEGE ALSO HOLDS INAUGURAL EVENTS, WHICH CELEBRATE OUTSTANDING ARCHITECTS AND SELLS PINS EXCLUSIVELY TO MEMBERS IN ORDER TO ENHANCE RECOGNITION OF THEIR ACCOMPLISHMENTS.
YOUNG PROFESSIONALS: THE COLLEGE OF FELLOWS SUPPORTS YOUNG PROFESSIONALS BY PROVIDING GRANTS TO AIA COMPONENTS. THESE FUNDS AID IN THE DEVELOPMENT OF PROGRAMS WHICH FOSTER THE DEVELOPMENT OF YOUNG ARCHITECTS.
RESEARCH: THE COLLEGE OF FELLOWS AWARDS THE LATROBE PRIZE TO FUND RESEACH LEADING TO SIGNIFICANT ADVANCES IN THE PROFESSION OF ARCHITECTURE. THE AWARD IS NAMED AFTER BENJAMIN LATROBE, DESIGNER OF THE U.S. CAPITOL AND ONE OF THE THE COUNTRY'S FIRST PROFESSIONAL ARCHITECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John J Castellana Faia Chancellor | OfficerTrustee | 5 | $0 |
Roger L Schluntz Faia Vice Chancellor | OfficerTrustee | 5 | $0 |
Frances Halsband Faia Secretary | OfficerTrustee | 5 | $0 |
Ronald Blitch Faia Bursar | OfficerTrustee | 5 | $0 |
Pam Day To 62022 Executive Director | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,641 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $249,259 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,900 |
| Total Program Service Revenue | $118,480 |
| Investment income | $113,161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,817 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,615 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $491,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,320 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,986 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,809 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $30,662 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,988 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $141,822 |
| Total functional expenses | $451,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $168,109 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,623 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,151 |
| Prepaid expenses and deferred charges | $5,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,861,024 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,113,907 |
| Accounts payable and accrued expenses | $900 |
| 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 | $51,116 |
| Total liabilities | $52,016 |
| Net assets without donor restrictions | $3,061,891 |
| 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 | $3,113,907 |
Grants Awarded
Over the last fiscal year, American Institute Of Architects College Of Fellows Fund Inc has awarded $90,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NU-RES FINANCE PURPOSE: EMERGING PROFESSIONALS GRANT | $65,000 |
PERKINS EASTMAN ARCHITECTS DPC PURPOSE: LATROBE GRANT | $25,000 |