Aptiv Foundation Inc
- Assets
- $14.8m
- Revenue
- $248.5k
- Investments
- $14.0m
- Employees
- 0
- Location
- Troy, MI
- Founding
- 02/2000
- Data as of
- 12/2022
- EIN
- 38-3442971
Organization Overview
Aptiv Foundation Inc is located in Troy, MI. The organization was established in 2000. 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. Aptiv 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 12/2022, Aptiv Foundation Inc generated $248.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $949.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aptiv Foundation Inc has awarded 323 individual grants totaling $7,017,375. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachelle Valdez Chair/president/trustee | 1 | $0 | |
Kurtis Peters Treasurer/trustee | 1 | $0 | |
Rachel Friedenberg Secretary/trustee | 1 | $0 | |
Charlene Chu Trustee | 1 | $0 | |
Jada Smith Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $158,037 |
| Dividends & Interest | $239,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$149,333 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $248,511 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,495 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$44,335 |
| Total operating and administrative expenses | $28,908 |
| Contributions, gifts, grants paid | $920,372 |
| Total expenses and disbursements | $949,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $804,862 |
| Net Accounts receivable | $9,939 |
| 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 | $9,371 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,486,614 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,833,763 |
| Accounts payable and accrued expenses | $39,855 |
| Grants payable | $214,964 |
| 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 | $254,819 |
Grants Awarded
Over the last fiscal year, Aptiv Foundation Inc has awarded $987,500 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: SOIREE | $10,000 |
ARTHRITIS FOUNDATION PURPOSE: JINGLE BELL RUN | $10,000 |
CARNEGIE MELLON UNIVERSITY PURPOSE: DIVERSITY AND S.T.E.M. SUPPORT | $25,000 |
FIRST ROBOTICS PURPOSE: ROBOTICS AND S.T.E.M. | $331,000 |
FREE BIKES 4 KIDZ PURPOSE: BIKE HELMETS | $10,000 |
GIRLS ON THE RUN PURPOSE: DIVERSITY AND WELL SUPPORT | $10,000 |