American Trust 33-11272-66 33-11512-98 Fbo
- Assets
- $7.4m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/1949
- Data as of
- 12/2021
- EIN
- 13-6024454
Organization Overview
American Trust 33-11272-66 33-11512-98 Fbo is located in Wilmington, DE. The organization was established in 1949. According to its NTEE Classification (B43) the organization is classified as: Universities, 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. American Trust 33-11272-66 33-11512-98 Fbo 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, American Trust 33-11272-66 33-11512-98 Fbo generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RECEIVE CONTR/MAKE GRANTS TO BENEFIT OXFORD UNIV- COLLEGES, LIBRARIES, MUSEUMS OR OTHER ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTING INCOME TO OXFORD UNIVERSITY, ITS COLLEGES, LIBRARIES, MUSEUMS, OR OTHER CONSTITUENT ENTITIES.
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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 | $7,044,100 |
| Noncash contributions included in lines 1a–1f | $92,727 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,044,100 |
| Total Program Service Revenue | $0 |
| Investment income | $50,499 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $395,566 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,490,165 |
| 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 | $3,104,484 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,294 |
| Compensation of current officers, directors, key employees. | $17,178 |
| 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 | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $610 |
| 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 | $3,153,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,004,413 |
| 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 | $2,377,198 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,381,611 |
| 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 | $0 |
| 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 | $7,381,611 |
| Total liabilities and net assets/fund balances | $7,381,611 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that American Trust 33-11272-66 33-11512-98 Fbo has recieved totaling $242,740.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $113,250 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $100,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Higher Education | $22,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morgan State University Foundation Incorporated Baltimore, MD | $141,263,372 | $14,542,251 |
American Trust 33-11272-66 33-11512-98 Fbo Wilmington, DE | $7,381,611 | $7,490,165 |
Frostburg State University Foundation Frostburg, MD | $41,155,383 | $7,754,148 |
Bradford Educational Foundation Bradford, PA | $39,203,686 | $7,196,164 |
Millersville University Foundation Millersville, PA | $54,789,553 | $6,386,048 |
Lock Haven University Foundation Lock Haven, PA | $27,652,723 | $2,532,205 |
Middlesex College Foundation Inc Edison, NJ | $23,894,938 | $2,811,630 |
Mansfield University Foundation Inc Mansfield, PA | $24,872,073 | $1,504,585 |
University Of Delaware Research Foundation Inc Newark, DE | $11,752,690 | $618,720 |
Princeton Prospect Foundation Princeton, NJ | $3,019,390 | $864,854 |
University Housing Project Corporation Madison, NJ | $805,173 | $190,149 |
Cheyney Foundation Cheyney, PA | $945,394 | $337,856 |