Amalgamated Charitable Foundation Inc
- Assets
- $125.8m
- Revenue
- $193.7m
- Investments
- $0.0
- Employees
- 9
- Location
- Washington, DC
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 82-1517696
Organization Overview
Amalgamated Charitable Foundation Inc is located in Washington, DC. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Amalgamated Charitable Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amalgamated Charitable Foundation 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 12/2021, Amalgamated Charitable Foundation Inc generated $193.7m in total revenue. All expenses for the organization totaled $111.6m during the year ending 12/2021.
Since 2018, Amalgamated Charitable Foundation Inc has awarded 2,470 individual grants totaling $169,686,113. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACF IS DEDICATED TO SUPPORTING PHILANTHROPY FOR SOCIAL CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING TO PUBLIC CHARITIES: GRANTS MADE TO IRS RECOGNIZED PUBLIC CHARITIES ACROSS THE UNITED STATES. DONOR ADVISED FUNDS AND ACF'S UNRESTRICTED FUNDS ARE THE PRINCIPAL SOURCES OF GRANTMAKING ACTIVITY. GRANTS ARE MADE TO ORGANIZATIONS QUALIFYING UNDER 501(C)(3) AND FOCUS ON ONE OR MORE OF THE FOLLOWING RECOGNIZED EXEMPT PURPOSES: ASSISTANCE FOR THOSE IN NEED; SUPPORT FOR YOUTH AND FAMILIES; CIVIL AND HUMAN RIGHTS; EDUCATION; HEALTH AND SCIENTIFIC RESEARCH; ARTS, CULTURE AND THE HUMANITIES; CIVIC AND COMMUNITY AFFAIRS; AND ENVIRONMENTAL PRESERVATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Managing Director | 30 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Guidehouse Project Consulting | 12/30/21 | $2,067,500 |
Berlin Rosen Communications Consulting | 12/30/21 | $439,500 |
Amalgamated Bank Management Services | 12/30/21 | $434,000 |
Social Strategy Associates Consulting Services | 12/30/21 | $314,650 |
Situation Interactive Marketing Services | 12/30/21 | $263,430 |
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 | $192,848,940 |
| Noncash contributions included in lines 1a–1f | $2,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,848,940 |
| Total Program Service Revenue | $0 |
| Investment income | $519,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $342,197 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,710,226 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $102,398,972 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,143,094 |
| 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 | $831,122 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,476 |
| Fees for services: Accounting | $153,427 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,725 |
| Fees for services: Other | $5,907,589 |
| Advertising and promotion | $0 |
| Office expenses | $6,944 |
| Information technology | $62,069 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,580 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,395 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $541 |
| All other expenses | $0 |
| Total functional expenses | $111,593,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,034,077 |
| Savings and temporary cash investments | $51,398,245 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,072,471 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,946 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $13,156,986 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $125,777,725 |
| Accounts payable and accrued expenses | $1,393,608 |
| 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 | $0 |
| Total liabilities | $1,393,608 |
| Net assets without donor restrictions | $29,057,336 |
| Net assets with donor restrictions | $95,326,781 |
| 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 | $125,777,725 |
Grants Awarded
Over the last fiscal year, Amalgamated Charitable Foundation Inc has awarded $102,038,342 in support to 872 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: General operating support | $8,772,000 |
San Francisco, CA PURPOSE: General operating support | $3,360,639 |
Oakland, CA PURPOSE: General operating support | $2,963,000 |
New Market, TN PURPOSE: General operating support | $1,688,328 |
Atlanta, GA PURPOSE: General operating support | $1,355,250 |
Atlanta, GA PURPOSE: General operating support | $1,255,812 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Amalgamated Charitable Foundation Inc has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Aec Trust Wilmington, DE PURPOSE: ORGANIZING RESILIENCE, FIONA COMMUNITY RESPONSE FUND | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charities Aid Foundation America Alexandria, VA | $328,499,115 | $754,327,499 |
Pew Charitable Trusts Washington, DC | $1,234,434,483 | $341,410,426 |
Paypal Charitable Giving Fund Washington, DC | $48,671,756 | $291,652,223 |
Amalgamated Charitable Foundation Inc Washington, DC | $125,777,725 | $193,710,226 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |