Amber Schools Foundation Inc

Organization Overview

Amber Schools Foundation Inc, operating under the name Academic Institution Foundation, is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Academic Institution Foundation 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 06/2022, Academic Institution Foundation generated $2.5m in total revenue. All expenses for the organization totaled $3.8m during the year ending 06/2022.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE AMBER EDUCATION FUND, INC. WAS ESTABLISHED TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE AMBER CHARTER SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ESTABLISH AND OVERSEE AN ENDOWMENT THAT WILL SUPPORT THE ON-GOING ENRICHMENT OPPORTUNITIES OFFERED TO ALL STUDENTS ATTENDING THE AMBER CHARTER SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Stolper
Chair
$0
Jason P Torres
Treasurer
$0
Vasthi Acosta
Secretary
$0
Soledad Hiciano
Member
$0
John Gutierrez
Member
$0
Michele Hirshman
Member
$0

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$45,891
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$45,891
Total Program Service Revenue$2,446,316
Investment income $251
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,492,458

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