Accenture Foundation Inc
- Assets
- $134.9m
- Revenue
- $15.6m
- Investments
- $134.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1999
- Data as of
- 08/2021
- EIN
- 36-4296414
Organization Overview
Accenture Foundation Inc is located in Chicago, IL. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Accenture 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 08/2021, Accenture Foundation Inc generated $15.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $7.7m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Accenture Foundation Inc has awarded 130 individual grants totaling $73,947,580. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SUPPORT OF EDUCATIONAL AND CHARITABLE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL GRANTS - THE PRIMARY PURPOSE OF THE GLOBAL GRANTS PROGRAM IS TO PROVIDE SUPPORT FOR INITIATIVES WHICH CREATE A POSITIVE, SUSTAINABLE CHANGE IN PEOPLE'S LIVES AND WHICH BUILD SKILLS THAT ENABLE PEOPLE TO PARTICIPATE IN AND CONTRIBUTE TO THE WELL-BEING OF THE BROADER COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Jecmen Executive Director | 20 | $0 | |
Grant Ireland Director | 0.5 | $0 | |
Guy Maes Director | 0.5 | $0 | |
Ronald J Roberts Secretary | 1 | $0 | |
Heidi Strawson Director | 1 | $0 | |
Jill Huntley President/director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,039,822 |
| Interest on Savings | $3,555,886 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $301 |
| Capital Gain Net Income | $301 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,596,009 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,613 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,493 |
| Total operating and administrative expenses | $58,687 |
| Contributions, gifts, grants paid | $7,620,000 |
| Total expenses and disbursements | $7,678,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $150,410 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $134,776,413 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $134,926,823 |
| Accounts payable and accrued expenses | $1,508 |
| Grants payable | $8,410,752 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,412,260 |
Grants Awarded
Over the last fiscal year, Accenture Foundation Inc has awarded $10,757,230 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
FUNDACION EDUCACION PAPRA EL EMPLEO PURPOSE: PROVIDING BASIC TRAINING, EQUIPPING PEOPLE WITH BASIC DIGITAL KNOWLEDGE, SOFT SKILLS, AND SECTOR-SPECIFIC SKILLING FOR IN-DEMAND JOBS. | $1,783,333 |
YOUTH BUSINESS INTERNATIONAL (STRATEGIC EXTENSION) PURPOSE: ENABLING YOUNG ENTREPRENEURS WITH THE SKILLS TO THRIVE IN A DIGITAL ECONOMY. | $1,500,000 |
YOUTH BUSINESS INTERNATIONAL 5 PURPOSE: ENABLING YOUNG ENTREPRENEURS WITH THE SKILLS TO THRIVE IN A DIGITAL ECONOMY. | $1,477,008 |
ARTICLE 1 PURPOSE: REACHING JOBSEEKERS WITH IN-DEMAND SOFT SKILLS, IN COLLABORATION WITH GOVERNMENT, ALLIANCE PARTNERS AND CLIENTS, FOCUSED ON CLOSING EMPLOYMENT GAPS. | $1,331,300 |
Washington, DC PURPOSE: TO ADVANCE DIGITAL CAREERS AND JOBS FOR GLOBAL OPPORTUNITY YOUTH, TO CLOSE UNEMPLOYMENT GAPS AND REDUCE INEQUALITIES OF THESE YOUTH. | $1,000,000 |
ARTICLE 1 PURPOSE: REACHING JOBSEEKERS WITH IN-DEMAND SOFT SKILLS, IN COLLABORATION WITH GOVERNMENT, ALLIANCE PARTNERS AND CLIENTS, FOCUSED ON CLOSING EMPLOYMENT GAPS. | $968,700 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Accenture Foundation Inc has recieved totaling $51,324.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $41,635 |
Michael J Fox Foundation For Parkinsons Research New York, NY PURPOSE: Parkinson's Research | $9,689 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |