American Future Republic
- Assets
- $7.7m
- Revenue
- $237.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/2019
- Data as of
- 12/2023
- EIN
- 83-3181719
Organization Overview
American Future Republic is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Future Republic is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, American Future Republic generated $237.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (59.6%) each year.
Since 2020, American Future Republic has awarded 34 individual grants totaling $22,394,828. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BRING ABOUT SOCIAL CHANGE AND ADVANCES IN ISSUES OF PUBLIC POLICY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROMOTES SOCIAL AND PUBLIC POLICY CHANGE THROUGH EDUCATION, ADVOCACY, GRANTMAKING AND OTHER ACTIVITIES, AND IT PROMOTES THE GENERAL WELFARE OF INDIVIDUALS AND THEIR COMMUNITIES BY SUPPORTING ACTIVISM TO EFFECT SOCIAL CHANGE AND BY ADVOCATING FOR BENEFICIAL CHANGES IN PUBLIC POLICY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reid Hoffman President/chair/director | OfficerTrustee | 0.1 | $0 |
Frank Huang Secretary | Officer | 0.1 | $0 |
Zack Herlick Treasurer | Officer | 0.1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $237,562 |
| 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 | $237,562 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $21,189 |
| Total functional expenses | $21,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,344 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $7,694,183 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,707,527 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $7,707,527 |
| Total liabilities and net assets/fund balances | $7,707,527 |
Grants Awarded
Over the last fiscal year, American Future Republic has awarded $1,279,828 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
IPI ACTION FUND INC PURPOSE: GENERAL SUPPORT | $500,000 |
MORE PERFECT UNION ACTION PURPOSE: GENERAL SUPPORT | $45,000 |
RAPID RESIST ACTION PURPOSE: GENERAL SUPPORT | $32,000 |
RAPID RESIST ACTION PURPOSE: GENERAL SUPPORT | $24,000 |
RAPID RESIST ACTION PURPOSE: GENERAL SUPPORT | $228,828 |
VOTEAMERICA INC PURPOSE: GENERAL SUPPORT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Injustice Watch Nfp Chicago, IL | $1,887,584 | $2,265,766 |
Firstrepair Evanston, IL | $633,075 | $575,710 |
Boundary Line Foundation Chicago, IL | $93,289 | $188,000 |
Partnership For Commonsense Justice Inc Frankfort, KY | $41,903 | $0 |
American Future Republic Chicago, IL | $7,707,527 | $237,562 |