The American Foundation For Charitable Support Inc

Organization Overview

The American Foundation For Charitable Support Inc is located in Phoenix, AZ. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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 Foundation For Charitable Support 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 12/2020, American Foundation For Charitable Support Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, American Foundation For Charitable Support Inc has awarded 52 individual grants totaling $1,568,350. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION IS TO PROMOTE AND FACILITATE THE PRIVATIZATION OF PHILANTHROPY, AND HELP CHARITIES BECOME MORE EFFECTIVE AND SUCCESSFUL.1. WHAT WE MEAN BY PRIVATIZATION OF PHILANTHROPY. PRIVATIZATION OF PHILANTHROPY MEANS CREATING ENDOWMENTS OR FAMILY FOUNDATIONS WHERE THERE IS ONGOING DONOR (OR DONOR FAMILY) INVOLVEMENT AND DIRECTION OVER CHARITABLE GRANT MAKING.2. ACHIEVING OUR MISSION. WE ACHIEVE OUR MISSION BY CREATING INDIVIDUAL, FAMILY, AND CORPORATE FOUNDATIONS, MOSTLY IN THE MORE ADVANTAGEOUS PUBLIC CHARITY SETTING WHERE INDIVIDUALS, FAMILY MEMBERS, AND CORPORATE EXECUTIVES RETAIN THE ONGOING DIRECTION OVER CHARITABLE DISTRIBUTUIONS.3. RESULTS OF OUR MISSION. OUR MISSION AND EFFORTS WILL RESULT IN THE CREATION OF VAST AMOUNTS OF NEW AND MORE EFFECTIVE PHILANTHROPY.WE ARE DEVELOPING NEW CHARITABLE PROGRAMS DESIGNED TO HELP CHARITIES IMPROVE THEIR GOVERNANCE STRUCTURE, HUMAN RESOURCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING CHARITABLE ORGANIZATIONS IN THE AMOUNT OF $790,728.ALLOCATED COSTS INCURRED IN ADMINISTRATION OF CHARITABLE REMAINDER TRUSTS, PROGRAM PRESENTATION COSTS TO GROUPS, AND OTHERS, AND DISTRIBUTION OF GRANTS AND OTHER COSTS RELATING TO CHARITABLE PROGRAMS.ALLOCATED COSTS INCLUDE ALL COSTS THAT PERTAIN TO SUPPORTING AND EFFECTUATION, EITHER DIRECTLY OR INDIRECTLY, THE CHARITABLE MISSION OF THE AFCS. THIS MISSION IS TO PROMOTE AND FACILITATE THE PRIVATIZATION OF PHILANTHROPY, THEREBY CREATING VAST AMOUNTS OF NEW AND MORE EFFECTIVE PHILANTHROPY. INCLUDED IN THESE COSTS ARE ADMISTRATIVE EXPENSES (WHICH INCLUDE ON-GOING TRUST ADMINISTRATION COSTS OF INDIVIDUAL FAMILY FOUNDATIONS AND CHARITABLE REMAINDER TRUSTS), PRINTING EXPENSES, TRAVEL AND PROMOTIONAL EXPENSES, POSTAGE, SOFTWARE, SUPPLIES, OUT-SOURCING COSTS AND COSTS INCURRED IN ASSISTING OTHER CHARITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Benson S Schaub
Director
$1,500
Adam Riding
Sec Director
$1,500
Robert Miller
Director
$1,500
A Melvin Mc Donald
Director
$1,500

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Foundation Services Co-op Of Utah Llc
Marketing
$0
Foundation Services Of America Llc
Reimb Program Costs
$0
Foundation Services Of America Llc
Management Services
$0
View All Vendors

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$138,735
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$138,735
Total Program Service Revenue$0
Investment income $850,685
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,838
Net Gain/Loss on Asset Sales -$40,624
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,044,496

Grants Awarded

Over the last fiscal year, The American Foundation For Charitable Support Inc has awarded $599,946 in support to 27 organizations.

Grant RecipientAmount

CHURCH OF JESUS CHRIST OF LDS

PURPOSE: RELIGIOUS

$208,490

UNITED WAY OF PIERCE COUNTY

Org PageRecipient Profile

Tacoma, WA

PURPOSE: GENERAL USE

$50,000

YMCA OF PIERCE AND KITSAP COU

Org PageRecipient Profile

Tacoma, WA

PURPOSE: GENERAL USE

$48,000

UNIVERSITY OF UTAH ATHLETICS

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: EDUCATION

$27,500

AMERICAN INDIAN SERVICES

Org PageRecipient Profile

Lehi, UT

PURPOSE: GENERAL USE

$25,000

APOSTOLIC CHRISTIAN CHURCH FO

Org PageRecipient Profile

Wooster, OH

PURPOSE: RELIGIOUS

$22,000
View Grant Profile

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