Friends Of Aas Foundation
- Assets
- $45.2m
- Revenue
- $45.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- Data as of
- 12/2021
- EIN
- 85-0895407
Organization Overview
Friends Of Aas Foundation is located in Bethesda, MD. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Aas 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, Friends Of Aas Foundation generated $45.1k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF AAS FOUNDATION WILL RECEIVE, INVEST, AND MANAGE FUNDS FOR THE BENEFIT OF THE SUPPORTED ORGANIZATIONS AND MAKE DISTRIBUTIONS AND GRANTS IN SUPPORT OF THE SUPPORTED 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 |
|---|---|---|---|
Leigh Sarty Treasurer | OfficerTrustee | 1 | $0 |
Robert Langer Secretary | OfficerTrustee | 1 | $0 |
James Collins Chair | OfficerTrustee | 1 | $0 |
Michelle Bond Director | Trustee | 1 | $0 |
Ellen Stern Director | Trustee | 1 | $0 |
Charles Barder Director | Trustee | 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 | $45,087 |
| 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 | $45,087 |
| 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 | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,320,700 |
| 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 | $7,886,608 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $45,207,308 |
| 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 | $45,207,308 |
| 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 | $45,207,308 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |
Community College Of Philadelphia Foundation Philadelphia, PA | $17,835,018 | $4,924,395 |
Liberian Education Achievement & Resource Network Washington, DC | $510,785 | $2,650,000 |