Afp Foundation For Philanthropy
- Assets
- $1.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Arlington, VA
- Founding
- 04/1982
- Data as of
- 12/2021
- EIN
- 52-1241128
Organization Overview
Afp Foundation For Philanthropy is located in Arlington, VA. The organization was established in 1982. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Afp Foundation For Philanthropy employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Afp Foundation For Philanthropy 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 12/2021, Afp Foundation For Philanthropy generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.6% 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 2014, Afp Foundation For Philanthropy has awarded 19 individual grants totaling $226,908. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AFP FOUNDATION FOR PHILANTHROPY SHALL STRIVE TO ENHANCE PHILANTHROPY AND VOLUNTEERISM THROUGH PROGRAMS OF EDUCATION, RESEARCH AND SERVICE THAT WILL BENEFIT THOSE WHO LEAD, SERVE AND SUPPORT NONPROFIT INSTITUTIONS. THE FOUNDATION ADVANCES PHILANTHROPY AND THE FUNDRAISING PROFESSION THROUGH THE INVOLVEMENT AND INVESTMENT OF AFP MEMBERS, CHAPTERS, CONSULTING FIRMS, VENDORS AND FRIENDS. THE PURPOSE OF THE FOUNDATION IS TO GENERATE THE RESOURCES TO FUND AFP STRATEGIC INITIATIVES AND RELATED PROGRAMS THAT ADVANCE ETHICAL AND EFFECTIVE FUNDRAISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELEVANT QUALITY EDUCATION: THIS PROGRAM OF THE AFP FOUNDATION SEEKS TO EDUCATE CURRENT PROFESSIONALS AND DEVELOP FUTURE LEADERS OF THE PROFESSION. CONFERENCES AND ACADEMIES ARE THE MAIN FOCUS IN DELIVERING THIS EDUCATION AND DEVELOPMENT. IN ADDITION, THIS PROGRAM PROVIDES SCHOLARSHIPS TO IMPROVE THE FUNDRAISING PROFESSION.
INCLUSION AND INFLUENCE: THIS PROGRAM FOCUSES ON INCREASING DIVERSITY AND INCLUSION WITHIN THE FUNDRAISING PROFESSION AND PHILANTHROPY. THE SCHOLARSHIP FUNDS WITHIN THE PROGRAM FURTHER PROMOTE THESE FOCUSES TO YOUNG FUNDRAISING PROFESSIONALS. GRANTS ARE PROVIDED TO DIVERSE FUNDRAISING PROFESSIONALS TO PROVIDE PROFESSIONAL EDUCATION, TRAINING, AND INFORMATION TO ADVANCE THEIR SKILLS, ABILITIES, AND CAREERS.
PUBLIC POLICY, ADVOCACY AND ETHICS: THIS PROGRAM HELPS ASSOCIATION MEMBERS UNDERSTAND HOW CRITICAL PUBLIC POLICY AND ETHICS ARE AND HOW TO ACT AS ADVOCATES IN THEIR COMMUNITIES AND ORGANIZATIONS FOR ETHICAL FUNDRAISING LAWS, REGULATIONS AND STANDARD PRACTICES. THE OBJECTIVE AND INITIATIVES ARE TO DEVELOP MEMBER EDUCATION AND TOOL KITS FOR CHAPTER USE THAT MAKE PUBLIC POLICY AND ETHICS EASY TO UNDERSTAND AND ADVOCATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Gusdorf Executive Vice President | Officer | 38 | $152,856 |
Evan Northrup Associate Director Of Development | 38 | $102,548 | |
Mike Geiger Afp President & CEO | OfficerTrustee | 2 | $24,196 |
David Sigman VP Finance & Administration | OfficerTrustee | 2 | $9,359 |
Michael Nilsen VP Marketing, Communications And Public Policy | 2 | $7,812 | |
Kendall Joyner VP Professional Development | 2 | $7,778 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $166,937 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $700,062 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $916,999 |
| Total Program Service Revenue | $192,240 |
| Investment income | $27,823 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $128,250 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,382 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,274,694 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $110,659 |
| Grants and other assistance to domestic individuals. | $105,875 |
| Grants and other assistance to Foreign Orgs/Individuals | $25,183 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $224,629 |
| Compensation of current officers, directors, key employees. | $123,546 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,327 |
| Pension plan accruals and contributions | $8,616 |
| Other employee benefits | $12,907 |
| Payroll taxes | $26,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,425 |
| Fees for services: Accounting | $8,331 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,632 |
| Fees for services: Other | $84,988 |
| Advertising and promotion | $17,244 |
| Office expenses | $32,104 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,790 |
| Travel | $23,935 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $130,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,000 |
| Insurance | $7,746 |
| All other expenses | $0 |
| Total functional expenses | $1,108,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $402,071 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $228,205 |
| Accounts receivable, net | $10,000 |
| 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 | $41,960 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,153,408 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,488 |
| Total assets | $1,882,132 |
| Accounts payable and accrued expenses | $54,720 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,060 |
| Total liabilities | $55,780 |
| Net assets without donor restrictions | $330,783 |
| Net assets with donor restrictions | $1,495,569 |
| 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 | $1,882,132 |
Grants Awarded
Over the last fiscal year, Afp Foundation For Philanthropy has awarded $21,780 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, VA PURPOSE: ICON 2021 | $15,000 |
AFP DC WASHINGTON DC METRO AREA CHAPTER PURPOSE: BE THE CAUSE ANNUAL CAMPAIGN - GRANTS GIVEN TO CHAPTERS WHO QUALIFY FOR PROGRAM SVCS IN LOCAL COMMUNITIES | $6,780 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Afp Foundation For Philanthropy has recieved totaling $28,250.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $12,500 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $10,000 |
Goodwill Industries Of Orange County Ca Santa Ana, CA PURPOSE: PROMOTE HEALTH AND WELFARE. | $5,750 |
Endowment Analysis
| Beg. Balance | $902,077 |
| Earnings | $65,767 |
| Net Contributions | $10,450 |
| Other Expense | $20,995 |
| Ending Balance | $957,299 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chc Creating Healthier Communities Alexandria, VA | $23,119,840 | $20,885,598 |
Association For Enterprise Opportun Ity Inc Washington, DC | $11,965,213 | $13,346,284 |
Safa Trust Inc Herndon, VA | $343,266,740 | $16,390,451 |
Associated Black Charities Inc Baltimore, MD | $5,817,793 | $15,343,076 |
United Way Of Forsyth County Inc Winstonsalem, NC | $7,740,159 | $13,512,937 |
United Way Of Greater Knoxville Inc Knoxville, TN | $44,188,764 | $10,173,426 |
United Way Of The Greater Triangle Inc Durham, NC | $8,988,793 | $10,685,118 |
United Way Of The Mid-South Memphis, TN | $15,939,575 | $10,736,980 |
United Way Of Greater Chattanooga Chattanooga, TN | $28,378,228 | $9,851,005 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |
Tidewater Jewish Foundation Inc Virginia Beach, VA | $49,573,361 | $8,475,302 |
United Way Of Greater Greensboro Inc Greensboro, NC | $24,991,408 | $6,519,162 |