Grateful American Foundation Inc
- Assets
- $263.8k
- Revenue
- $742.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-5631783
Organization Overview
Grateful American Foundation Inc is located in Arlington, VA. The organization was established in 2014. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grateful American 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 12/2023, Grateful American Foundation Inc generated $742.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $504.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Grateful American Foundation Inc has awarded 13 individual grants totaling $128,266. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES TO EDUCATE THE PUBLIC ABOUT AMERICAN HISTORY ONLINE. ADDITIONAL INFORMATION AVAILABLE UPON REQUEST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bruce Smith President & Director | 30 | $0 | |
Neme Alperstein Director | 0 | $0 | |
Edger Dobie Director | 0 | $0 | |
Menachem Gottlieb Treasurer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Food Enterprises - Caterers | 12/30/23 | $51,209 |
Sandi Hoffman Llc Special Events | 12/30/23 | $129,909 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $742,817 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $742,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $434,565 |
| Total operating and administrative expenses | $439,895 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $504,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,768 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $263,768 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Grateful American Foundation Inc has awarded $65,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OPEN MIND LEGACY PROJECT PURPOSE: DONATION | $20,000 |
SUPREME COURT HISTORICAL SOCIETY PURPOSE: DONATION | $10,000 |
WETA PURPOSE: DONATION | $35,000 |