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 12/2023, American Foundation For Charitable Support Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, American Foundation For Charitable Support Inc has awarded 106 individual grants totaling $2,882,025. 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

2023

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 $665,237.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 L Schaub
President/direc
$0
Kimber Eastman
Sec Director
$1,600
Robert Miller
Director
$1,600
A Melvin Mc Donald
Director
$1,600
Benson S Schaub
Director
$1,600

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Foundation Services Co-op Of Utah Llc
Marketing
$0
Foundation Services Of America Llc
Management Services
$0
Foundation Services Of America Llc
Reimb Program Costs
$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$1,215,214
Noncash contributions included in lines 1a–1f $69,211
Total Revenue from Contributions, Gifts, Grants & Similar$1,215,214
Total Program Service Revenue$0
Investment income $2,498,499
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,891
Net Gain/Loss on Asset Sales -$668,719
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,029,189

Grants Awarded

Over the last fiscal year, The American Foundation For Charitable Support Inc has awarded $504,092 in support to 26 organizations.

Grant RecipientAmount

BRIGHAM YOUNG UNIVERSITY - PR

PURPOSE: EDUCATION

$15,000

BRIGHAM YOUNG UNIVERSITY-IDAH

PURPOSE: EDUCATION

$13,000

CHILDRENS HOSPITAL ASSOCIATIO

PURPOSE: GENERAL USE

$8,000

CHRIST THE LORD LUTHERAN CHUR

PURPOSE: RELIGIOUS

$8,000

CHURCH OF JESUS CHRIST OF LDS

PURPOSE: RELIGIOUS

$132,001

COMMUNITY HEALTH CARE

PURPOSE: GENERAL USE

$7,500
View Grant Profile

Peer Organizations

Organization NameAssets
Neubauer Family Charitable Trust
Mountain View, CA
$23,995,522
Real Estate Trust At Silicon Valley Community Foundation
Mountain View, CA
-$1,467,744
Sjouwerman Foundation Inc
Phoenix, AZ
$129,470,606
Donald B Tanklage And Carole F Tanklage Foundation
Novato, CA
$160,782
Pih Health Inc
Whittier, CA
$20,428,879
The Polis Schutz Family Foundation
San Diego, CA
$260,315
Cerity Partners Foundation
Novato, CA
$16,614,199
Peter E Haas Jr Family Fund
Novato, CA
$19,162,315
Beauchamp Charities
Irvine, CA
$42,718
The James B Mcclatchy Foundation
Sacramento, CA
$13,652,508
Lyles Foundation
Fresno, CA
$4,384,580
The Reddere Foundation CO Silicon Valley Community Foundation C/O Silicon Valley Community Foundation
Mountain View, CA
$363,994
Friends Of South Central Losangeles Regional Center For Develop
Los Angeles, CA
$6,549,199
Burton Family Foundation
Phoenix, AZ
$2,928,705
U N M Lobo Club
Albuquerque, NM
$5,605,207
Tikun Olam Foundation
Los Angeles, CA
$2,802,157
Margaret E Haas Fund
Novato, CA
$5,420,715
California State University Foundation
Long Beach, CA
$3,946,366
Remington Court Foundation
Los Angeles, CA
$1,747,759
Mdc Richmond American Homes Foundation
Denver, CO
$6,174,055
Opus Caritatis Inc
Los Angeles, CA
$5,492,882
The Goodman Family Supporting Foundation
San Francisco, CA
$2,834,843
Seacrest Foundation
Encinitas, CA
$2,803,291
Goodwill Of Colorado Foundation
Colorado Springs, CO
$4,617,693
San Pasqual Academy Foundation
Coronado, CA
$0

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