Charities Aid Foundation America
- Assets
- $328.5m
- Revenue
- $754.3m
- Investments
- $0.0
- Employees
- 74
- Location
- Alexandria, VA
- Founding
- 04/1993
- Data as of
- 04/2022
- EIN
- 43-1634280
Organization Overview
Charities Aid Foundation America, operating under the name Caf America, is located in Alexandria, VA. The organization was established in 1993. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 04/2022, Caf America employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caf America 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 04/2022, Caf America generated $754.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $631.3m during the year ending 04/2022. While expenses have increased by 33.2% 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, Caf America has awarded 17,473 individual grants totaling $1,008,704,410. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE CROSS-BORDER GIVING BY U.S. TAXPAYERS TO VALIDATED CHARITIES ACROSS THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONOR ADVISED FUNDS: CAF AMERICA CURRENTLY OPERATES DONOR ADVISED FUNDS (DAFS) THAT IN FY22 GAVE OVER 502,441 GRANTS TOTALING $479,515,837. WE PARTNER WITH US CORPORATE, INDIVIDUAL AND FOUNDATION DONORS WHO SUPPORT ORGANIZATIONS IN 96 COUNTRIES.
DONOR ADVISED GIFTS: IN FY22, DONORS WORKED WITH CAF AMERICA TO MAKE 798 SINGLE DONOR ADVISED GIFTS (DAGS) TOTALING $12,292,442. SINGLE GIFTS ENABLE DONORS TO RECOMMEND GRANTS WITHOUT ESTABLISHING A SPECIFIC FUND AT CAF AMERICA. THIS PROGRAM SERVES AS A COMPLEMENT TO CAF AMERICA'S PHILANTHROPIC ADVISORY SERVICES AND IS A RESOURCE FOR DONORS INTERESTED IN SUPPORTING A VARIETY OF CAUSES.
FRIENDS FUNDS: FRIENDS FUNDS ARE AVAILABLE TO INTERNATIONAL CHARITABLE ORGANIZATIONS TO USE AS A TOOL TO INCREASE SUPPORT FROM AMERICAN DONORS. DURING FY22, DONORS WORKED WITH CAF AMERICA TO MAKE 225 GRANTS TO 25 FOREIGN CHARITABLE ORGANIZATIONS WHO HAVE ESTABLISHED FRIENDS FUNDS WITH CAF AMERICA. THIS CAF AMERICA PROGRAM ENABLES APPROVED FOREIGN CHARITABLE ORGANIZATIONS TO CONNECT WITH US DONORS WITHOUT CREATING THEIR OWN US IRC SECTION 501(C)(3) ENTITY.
REVENUE AND EXPENSES PERTAINING TO THE OPERATION AND MANAGEMENT OF PROGRAM SERVICES THAT IS NOT ALLOCABLE TO ANY FUND OR TYPE OF FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore Hart President & CEO | Officer | 40 | $447,565 |
William Zamagni CFO | Officer | 40 | $233,929 |
Jessica Krafft Senior Vice President | 40 | $171,693 | |
Michael Pedersen Chief Of Staff | 40 | $133,091 | |
Nicole Varner Vp, Tech & Cybersecurity | 40 | $114,969 | |
Brooks Reed Vp, Thought Leadership & Philan. | 40 | $107,142 |
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 | $746,606,354 |
| Noncash contributions included in lines 1a–1f | $34,835,284 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $746,606,354 |
| Total Program Service Revenue | $1,514,727 |
| Investment income | $1,879,428 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,037,367 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $754,327,499 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $296,464,728 |
| Grants and other assistance to domestic individuals. | $15,141 |
| Grants and other assistance to Foreign Orgs/Individuals | $235,029,827 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,189,562 |
| Compensation of current officers, directors, key employees. | $415,532 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,230,313 |
| Pension plan accruals and contributions | $421,787 |
| Other employee benefits | $764,173 |
| Payroll taxes | $417,861 |
| Fees for services: Management | $4,011,049 |
| Fees for services: Legal | $223,577 |
| Fees for services: Accounting | $297,824 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $84,120,838 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $512,506 |
| Office expenses | $217,338 |
| Information technology | $794,217 |
| Royalties | $0 |
| Occupancy | $249,703 |
| Travel | $153,018 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $386,920 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,796 |
| Insurance | $116,462 |
| All other expenses | $0 |
| Total functional expenses | $631,273,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,868,077 |
| Savings and temporary cash investments | $6,414,264 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,455,150 |
| 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 | $274,909 |
| Net Land, buildings, and equipment | $107,563 |
| Investments—publicly traded securities | $89,952,603 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $426,549 |
| Total assets | $328,499,115 |
| Accounts payable and accrued expenses | $3,845,030 |
| Grants payable | $1,922,551 |
| Deferred revenue | $5,817 |
| 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 | $221,917 |
| Total liabilities | $5,995,315 |
| Net assets without donor restrictions | $313,602,234 |
| Net assets with donor restrictions | $8,901,566 |
| 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 | $328,499,115 |
Grants Awarded
Over the last fiscal year, Charities Aid Foundation America has awarded $246,819,633 in support to 6,744 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: CHARITABLE DONATION | $29,675,893 |
PRESIDENT AND FELLOWS OF HARVARD COLLEGE PURPOSE: CHARITABLE DONATION | $3,064,956 |
AMHERST COLLEGE TRUSTEES PURPOSE: CHARITABLE DONATION | $2,880,410 |
Washington, DC PURPOSE: CHARITABLE DONATION | $2,378,138 |
New York, NY PURPOSE: CHARITABLE DONATION | $2,281,074 |
New York, NY PURPOSE: CHARITABLE DONATION | $2,051,102 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Charities Aid Foundation America has recieved totaling $167,049.
| Awarding Organization | Amount |
|---|---|
The Octoberhill Foundation C/O Sharon Trulock Esq Newtown, CT PURPOSE: GENERAL SUPPORT | $67,659 |
Marie Ann Federowski U Art 18 Dallas, TX PURPOSE: FOR THE BENEFIT OF | $44,390 |
Norman & Elaine Polsky Family Charitable Foundation Overland Park, KS PURPOSE: PROVIDE GRANTS TO CHARITABLE ORGANIZATIONS | $30,000 |
J Howard And Brenda Lagrange Johnson And Family Foundation New York, NY PURPOSE: TO AID CHARITIESIN FUND RAISING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charities Aid Foundation America Alexandria, VA | $328,499,115 | $754,327,499 |
Pew Charitable Trusts Washington, DC | $1,234,434,483 | $341,410,426 |
Paypal Charitable Giving Fund Washington, DC | $48,671,756 | $291,652,223 |
Tiaa Charitable Inc Charlotte, NC | $0 | $26,236,154 |
The Golden L E A F Long-Term Economic Advancement Foundation In Rocky Mount, NC | $1,203,014,453 | $127,682,126 |
Amalgamated Charitable Foundation Inc Washington, DC | $125,777,725 | $193,710,226 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |