America Frontier Fund is located in Arlington, VA. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, America Frontier Fund employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. America Frontier Fund 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 12/2022, America Frontier Fund generated $9.4m in total revenue. All expenses for the organization totaled $5.4m during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AMERICA'S FRONTIER FUND (AFF) IS THE FIRST NONPROFIT, FRONTIER TECH FUND (CONTINUED SCHEDULE O) (CONTINUED FROM PART I)FOCUSED ON SECURING THE TECHNOLOGY LEADERSHIP AND COLLECTIVE PROSPERITY OF AMERICA, ITS PARTNERS, AND OTHER DEMOCRACIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, AMERICA'S FRONTIER FUND (AFF) FOCUSED ITS ACTIVITIES ON (1) EDUCATING AND INFORMING FEDERAL, STATE AND LOCAL GOVERNMENTS ON FRONTIER TECHNOLOGY STRATEGIES AND ECOSYSTEM DEVELOPMENT; (2) ALIGNING INDUSTRY, CAPITAL ALLOCATORS AND GOVERNMENT AGENCIES AROUND SHARED TECHNOLOGY PRIORITIES AND ROADMAPS; (3) PURSUING PUBLIC AND PRIVATE CAPITAL FOR CRITICAL TECHNOLOGIES VITAL TO U.S. NATIONAL SECURITY AND ECONOMIC COMPETITIVENESS; (4) PLANNING A NEW TECHNOLOGY HUB IN ALBUQUERQUE, NEW MEXICO TO CATALYZE INNOVATION, TECHNOLOGY TRANSITION, AND WORKFORCE DEVELOPMENT; AND (5) ESTABLISHING A NON-PROFIT INITIATIVE FOR PUBLIC AND PRIVATE STAKEHOLDERS TO SUPPORT JOINT TECHNOLOGY RESEARCH AND DEVELOPMENT ACROSS INDIA, JAPAN, AUSTRALIA, AND THE UNITED STATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jordan Blashek President & Chief Operating Officer | OfficerTrustee | 40 | $209,545 |
The Hon Gilman Louie Chief Executive Officer | OfficerTrustee | 40 | $45,310 |
Joanne Isham Director And Secretary | OfficerTrustee | 1 | $0 |
Jennifer Pahlka Director And Vice-Chair | OfficerTrustee | 1 | $0 |
Sam Palmisano Director And Chair | OfficerTrustee | 1 | $0 |
Nick Beim Director | Trustee | 1 | $0 |
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 | $9,436,535 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,436,535 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $9,436,535 |
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. | $575,134 |
Compensation of current officers, directors, key employees. | $267,249 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,850,537 |
Pension plan accruals and contributions | $86,040 |
Other employee benefits | $168,722 |
Payroll taxes | $161,557 |
Fees for services: Management | $0 |
Fees for services: Legal | $485,136 |
Fees for services: Accounting | $71,463 |
Fees for services: Lobbying | $30,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $678,140 |
Advertising and promotion | $264,882 |
Office expenses | $17,522 |
Information technology | $137,515 |
Royalties | $0 |
Occupancy | $132,559 |
Travel | $619,947 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $25,730 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,540 |
Insurance | $87,341 |
All other expenses | $0 |
Total functional expenses | $5,421,380 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,122,613 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $275,000 |
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 | $156,705 |
Net Land, buildings, and equipment | $32,790 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $202,240 |
Total assets | $4,789,348 |
Accounts payable and accrued expenses | $557,415 |
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 | $224,010 |
Total liabilities | $781,425 |
Net assets without donor restrictions | $4,007,923 |
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 | $4,789,348 |