Americares Foundation Inc

Organization Overview

Americares Foundation Inc is located in Stamford, CT. The organization was established in 1979. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Americares Foundation Inc employed 257 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americares Foundation 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 06/2022, Americares Foundation Inc generated $1.4b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $1.4b during the year ending 06/2022. While expenses have increased by 5.3% 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 2015, Americares Foundation Inc has awarded 7,602 individual grants totaling $2,194,487,975. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

AMERICARES IS A HEALTH-FOCUSED RELIEF & DEVELOPMENT ORGANIZATION. (SEE SCHEDULE O).

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


SEE SCHEDULE O


SEE SCHEDULE O


SEE SCHEDULE O


SEE SCHEDULE O


SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Harrington Agency Llc
Fundraising Counsel
$2,745,839
Anne Lewis Strategies Llc
Marketing & Advertising
$1,170,268
Rwt Production Llc
Printing And Mailing
$1,533,879
Humanitarian Software Llc
It Consultant
$590,813
Marketing For Change Co
Consultant-research
$486,750
The Harrington Agency Llc
Fundraising Counsel
$2,745,839
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$103,119
Membership dues$0
Fundraising events$1,938,333
Related organizations$0
Government grants $13,732,334
All other contributions, gifts, grants, and similar amounts not included above$1,350,232,732
Noncash contributions included in lines 1a–1f $1,258,047,980
Total Revenue from Contributions, Gifts, Grants & Similar$1,366,006,518
Total Program Service Revenue$1,311,925
Investment income $1,380,487
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$5,426
Net Gain/Loss on Asset Sales $2,400,097
Net Income from Fundraising Events -$149,797
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $75,392
Miscellaneous Revenue$0
Total Revenue $1,371,372,637

Grants Awarded

Over the last fiscal year, Americares Foundation Inc has awarded $329,470,624 in support to 1,216 organizations.

Grant RecipientAmount

Dallas, TX

PURPOSE: ONGOING

$5,785,286

Dallas, TX

PURPOSE: ONGOING

$5,785,286

MISSION ARLINGTON MEDICAL CLINIC

Org PageRecipient Profile

Arlington, TX

PURPOSE: ONGOING

$5,447,436

MISSION ARLINGTON MEDICAL CLINIC

Org PageRecipient Profile

Arlington, TX

PURPOSE: ONGOING

$5,447,436

COMMUNITY CARE CENTER FOR FORSYTH CO INC

Org PageRecipient Profile

Winston Salem, NC

PURPOSE: ONGOING

$3,691,530

COMMUNITY CARE CENTER FOR FORSYTH CO INC

Org PageRecipient Profile

Winston Salem, NC

PURPOSE: ONGOING

$3,691,530
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Americares Foundation Inc has recieved totaling $98,250.

Awarding OrganizationAmount
August A Busch Iii Charitable Trust

Chesterfield, MO

PURPOSE: GENERAL

$50,000
Caneel Family Foundation

Wilmington, DE

PURPOSE: UKRAINE CRISIS FUND

$20,000
Robert E Dods Family Foundation

Longboat Key, FL

PURPOSE: GENERAL OPERATIONS

$15,000
Berrien Community Foundation Inc

St Joseph, MI

PURPOSE: GENERAL SUPPORT, UKRAINIAN RELIEF

$7,000
Future Hope Foundation

Wilmington, DE

PURPOSE: UKRAINIAN REFUGEE FUND

$5,000
Max Fund Inc

Mequon, WI

PURPOSE: OPERATING EXPENSES

$1,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,208,794
Earnings-$2,520,310
Admin Expense$36,241
Net Contributions$2,025,000
Ending Balance$11,677,243

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