Amg Charitable Gift Foundation
- Assets
- $149.6m
- Revenue
- $31.2m
- Investments
- $149.2m
- Employees
- 0
- Location
- Greenwood Village, CO
- Founding
- 01/1996
- Data as of
- 12/2021
- EIN
- 84-1260437
Organization Overview
Amg Charitable Gift Foundation is located in Greenwood Village, CO. The organization was established in 1996. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amg Charitable Gift 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 12/2021, Amg Charitable Gift Foundation generated $31.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $15.3m during the year ending 12/2021. While expenses have increased by 19.0% per year over the past 7 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 2014, Amg Charitable Gift Foundation has awarded 8,557 individual grants totaling $78,128,805. 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
CHARITABLE PURPOSE WITHIN THE MEANING OF SECTION 501(C)(3)
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHWAB CHARITABLE FUND - EDUCATION EIN:31-1640316
AMERICAN ENDOWMENT FOUNDATION - EDUCATION EIN: 34-1747398
UNIVERSITY OF COLORADO FOUNDATION - EDUCATION EIN:84-6049811
OTHER PROGRAM SERVICES TO 501(C)(3) ORGANIZATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earl L Wright President | OfficerTrustee | 1 | $0 |
Michael D Bergmann Vp/secretary | OfficerTrustee | 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 | $22,778,505 |
| Noncash contributions included in lines 1a–1f | $20,723,251 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,778,505 |
| Total Program Service Revenue | $0 |
| Investment income | $2,241,990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,136,244 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,189,759 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,502,315 |
| 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 | $797,581 |
| Total functional expenses | $15,299,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $379,582 |
| 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 | $149,229,044 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,608,626 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $515,000 |
| 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 | $515,000 |
| Net assets without donor restrictions | $149,093,626 |
| 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 | $149,608,626 |
Grants Awarded
Over the last fiscal year, Amg Charitable Gift Foundation has awarded $14,502,315 in support to 1,227 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: PUBLIC ASSISTANCE | $1,476,885 |
Hudson, OH PURPOSE: PUBLIC ASSISTANCE | $1,069,209 |
Denver, CO PURPOSE: EDUCATION | $1,050,000 |
Aurora, CO PURPOSE: MEDICAL | $1,000,000 |
New York, NY PURPOSE: MEDICAL | $520,000 |
Boston, MA PURPOSE: MEDICAL | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Amg Charitable Gift Foundation has recieved totaling $177,582.
| Awarding Organization | Amount |
|---|---|
Kurtz Family Foundation Lewisville, NC PURPOSE: GENERAL SUPPORT | $126,582 |
Zenon C R Hansen Foundation Inc Greenwood Village, CO PURPOSE: CHARITABLE - BOARD COMMUNITY GIFTS | $50,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: EDUCATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nebraska Philanthropic Trust Omaha, NE | $2,416,213 | $1,885,786 |
Omni Behavioral Health Omaha, NE | $19,278,605 | $23,477,571 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Grand Teton National Park Foundation Moose, WY | $17,490,260 | $12,374,107 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Park City Community Foundation Park City, UT | $23,921,888 | $11,932,031 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |