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American Endowment Foundation
American Endowment Foundation reported $1.89 billion in revenue and $1.36 billion in expenses for calendar year 2024. Of every $100 it spent, $99.38 went to program services, $0.32 to management and general costs and $0.30 to fundraising. Its largest source of revenue was contributions and grants: 89.4% of the total. The highest compensation it reported for one person was $640,563 (CHIEF EXECUTIVE OFFICER). 28 people received more than $100,000 in reportable compensation. Revenue rose 97% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.36BFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $1.89BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 99.4% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.3% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.3% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 89.4% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $640,563 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.05% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 28 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 73.9 | 56.6 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseAmerican Endowment Foundation makes grants to U.S. Charitable organizations that are tax-exempt charities, or to U.S., state and local government entities for charitable purposes. Grants are only approved if they are used exclusively in furtherance of charitable purposes
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Director/trustee, officer, 40.00 hrs/week | $602,809 | $0 | $37,754 | $640,563 |
| EXECUTIVE VICE PRESIDENT Officer, 40.00 hrs/week | $348,889 | $0 | $32,057 | $380,946 |
| GENERAL COUNSEL & SECRETARY OF BOARD Officer, 40.00 hrs/week | $248,190 | $0 | $27,100 | $275,290 |
| CHRO Officer, 40.00 hrs/week | $217,153 | $0 | $30,247 | $247,400 |
| CIO Officer, 40.00 hrs/week | $205,123 | $0 | $17,083 | $222,206 |
| CHIEF BUSINESS STRATEGY OFFICER Officer, 40.00 hrs/week | $208,726 | $0 | $7,449 | $216,175 |
| VP DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $181,232 | $0 | $22,886 | $204,118 |
| CHIEF BUS DEV OFF (UNTIL 3/25/24) Officer, 40.00 hrs/week | $183,111 | $0 | $17,618 | $200,729 |
28 people received more than $100,000 in reportable compensation from American Endowment Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5149
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CLEARWATER ANALYTICS Data aggregation | $827,997 |
| NPACT Software development | $249,500 |
| RSM US LLP Accounting services | $144,210 |
| TIGER HILL PARTNERS Consulting | $126,452 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
26 private foundations reported grants to American Endowment Foundation totaling $37M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from American Endowment Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for American Endowment Foundation, you can publish a response that is linked from this page.
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Of every $100 American Endowment Foundation spent in 2024, $99.38 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of American Endowment Foundation's spending goes to programs?
In calendar year 2024, American Endowment Foundation reported that 99.4% of its $1.36 billion in expenses went to program services, 0.3% to management and general and 0.3% to fundraising (Form 990, Part IX).
How much does American Endowment Foundation pay its top executive?
The largest total compensation American Endowment Foundation reported for one person in calendar year 2024 was $640,563, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does American Endowment Foundation get its money?
Of $1.89 billion in revenue in calendar year 2024, 89.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is American Endowment Foundation a registered charity?
The IRS lists EIN 34-1747398 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513219349310376 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202442479349301654 · read the filing
- 2022: Form 990 for calendar year 2022, object 202332499349300338 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222949349301137 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133159349308163 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349313153 · read the filing
All filings for EIN 34-1747398: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.