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Filing year 2024

AMERICAN FOUNDATION CORP

Cleveland, Ohio·EIN 23-7348126·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$2.6M
Total assets
$23.1M
Total expenses
$1.7M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. AMERICAN FOUNDATION CORP reported 5 unpaid officers and board members on its 990-PF.

President / Director
Secr. / Treasurer
V President / Dir
V. Pres. / Director
Asst Secr/asst Treas

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.3M

Itemized grants

1

Median grant

$1.3M

RecipientLocationPurposeAmount
SEE ATTACHEDAVAILABLE UPON REQUEST, OHCHARITABLE$1.3M
Financial trend

Revenue and expenses over time

AMERICAN FOUNDATION CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$361k
$1.7M
2023
$2.6M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

AMERICAN FOUNDATION CORP reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
FAQ

Common questions about AMERICAN FOUNDATION CORP

What are AMERICAN FOUNDATION CORP's revenue and expenses?

In 2024, AMERICAN FOUNDATION CORP reported $2.6M in total revenue and $1.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.