American Psychological Foundation Inc
- Assets
- $25.9m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1961
- Data as of
- 12/2021
- EIN
- 52-6051733
Organization Overview
American Psychological Foundation Inc is located in Washington, DC. The organization was established in 1961. According to its NTEE Classification (V03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Psychological 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 12/2021, American Psychological Foundation Inc generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 1.1% 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, American Psychological Foundation Inc has awarded 171 individual grants totaling $3,654,752. 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
TO PROVIDE FINANCIAL SUPPORT FOR INNOVATIVE RESEARCH AND PROGRAMS THAT ENHANCE THE POWER OF PSYCHOLOGY TO ELEVATE THE HUMAN CONDITION AND ADVANCE HUMAN POTENTIAL BOTH NOW AND IN GENERATIONS TO COME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION (APF) PROVIDED FUNDING TO 138 STUDENTS, PSYCHOLOGISTS, AND ORGANIZATIONS WHOSE RESEARCH, PROJECTS, AND INTERVENTION PROGRAMS HELP INDIVIDUALS AND COMMUNITIES WORLDWIDE, MAKING A DIFFERENCE EVERY DAY. APF ACCOMPLISHED THIS THROUGH SCHOLARSHIPS TO ENSURE THAT TALENTED STUDENTS HAVE THE OPPORTUNITY TO ENRICH THE FIELD AND USE THEIR TRAINING TO BETTER HUMANKIND; EARLY CAREER AND SEED MONEY GRANTS TO PROVIDE CRUCIAL SUPPORT WHEN FUNDING IS DIFFICULT TO OBTAIN; AND TARGETED PROJECT GRANTS TO CREATE BETTER LIVES FOR PEOPLE ACROSS THE GLOBE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miriam Isserow Chief Executive Officer | Officer | 37.5 | $180,877 |
Dr Michelle Quist Ryder Program Director | 37.5 | $120,455 | |
Terence Keane PHD President | OfficerTrustee | 3 | $0 |
Melba Jt Vasquez PHD Vice President | OfficerTrustee | 2 | $0 |
Linda Forrest PHD Treasurer | OfficerTrustee | 3 | $0 |
W Bruce Walsh PHD Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $127,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,836,650 |
| Noncash contributions included in lines 1a–1f | $2,292,177 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,964,567 |
| Total Program Service Revenue | $0 |
| Investment income | $741,394 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $31,118 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,616,412 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,353,491 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,150 |
| Grants and other assistance to domestic individuals. | $948,753 |
| Grants and other assistance to Foreign Orgs/Individuals | $90,580 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $234,090 |
| Compensation of current officers, directors, key employees. | $47,523 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $450,076 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,610 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,730 |
| Fees for services: Accounting | $85,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,500 |
| Fees for services: Investment Management | $78,575 |
| Fees for services: Other | $21,610 |
| Advertising and promotion | $2,575 |
| Office expenses | $55,860 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,777 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,634 |
| Insurance | $0 |
| All other expenses | $2,066 |
| Total functional expenses | $2,057,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $746,830 |
| Savings and temporary cash investments | $659,094 |
| Pledges and grants receivable | $250,438 |
| Accounts receivable, net | $0 |
| 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 | $2,398 |
| Net Land, buildings, and equipment | $5,970 |
| Investments—publicly traded securities | $24,195,897 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $25,860,627 |
| Accounts payable and accrued expenses | $41,987 |
| Grants payable | $305,786 |
| 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 | $128,961 |
| Other liabilities | $71,872 |
| Total liabilities | $548,606 |
| Net assets without donor restrictions | $6,694,951 |
| Net assets with donor restrictions | $18,617,070 |
| 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 | $25,860,627 |
Grants Awarded
Over the last fiscal year, American Psychological Foundation Inc has awarded $65,150 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: RESEARCH AND OTHER GRANTS | $59,950 |
Woods Hole, MA PURPOSE: SPONSOR SEED WORKSHOP | $5,200 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that American Psychological Foundation Inc has recieved totaling $277,206.
| Awarding Organization | Amount |
|---|---|
The Irving & Dorothy Rom Charitable Foundation Inc Chicago, IL PURPOSE: GENERAL | $100,000 |
American Psychological Association Inc Washington, DC PURPOSE: SEE PART IV | $100,000 |
American Psychological Association Inc Washington, DC PURPOSE: SEE PART IV | $68,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $5,800 |
Susan Isabel Foundation New York, NY PURPOSE: GENERAL PURPOSE GRANTS | $2,500 |
Henry Luce Foundation Inc New York, NY PURPOSE: LUCE FOUNDATION 2021 EMPLOYEE YEAR-END GRANT - CARLOTTA ARTHUR | $500 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peter G Peterson Institute For International Economics Washington, DC | $95,222,142 | $11,048,331 |
Usaging Washington, DC | $7,198,554 | $9,442,731 |
American Psychological Foundation Inc Washington, DC | $25,860,627 | $7,353,491 |
Population Association Of America Inc Alexandria, VA | $3,645,715 | $2,473,272 |
Society For The Psychological Study Of Social Issues Washington, DC | $6,825,918 | $924,358 |
National Postdoctoral Assoication Rockville, MD | $816,307 | $668,753 |
Society For Prevention Research Incorporated Fairfax, VA | $1,265,673 | $447,371 |
The Society For The Advancement Of Socio-Economics Timonium, MD | $230,662 | $394,104 |
National Council For Geocosmic Research Inc Washington, DC | $197,874 | $0 |
The National Economists Club Washington, DC | $442,664 | $0 |
Association Of Black Researchers Inc Glen Burnie, MD | $5,987 | $0 |