NonprofitsAmerican Finance Association

Public & Societal Benefit

American Finance Association

BETHLEHEM, PA

Total revenue

$1.8M

Total expenses

$2.4M

Net assets

$27.6M

Grants received

$75K

7 grants

EIN

136111495

Tax year

2023

Mission

The organization's mission is to improve public understanding of financial problems and promote finance scholarship. The organization is devoted to the study and promotion of knowledge about financial economics.

Programs

3 programs

Annual meeting the organization sponsors an annual meeting each january at which papers are presented, covering the gamut of financial topics. The organization's current president also speaks on a chosen subject.

Expenses: $408KGrants: $74K

Women's initiative affect (the academic female finance committee) of the organization was formed to promote the advancement of women academics in the field of finance. Within the academic field of finance, affect strives to: -promote gender equality -facilitate networking among women -conduct research on the standing of women and factors related to differences in career paths of men and women -provide mentoring of women

Expenses: $170KGrants: $57K

Other programs other programs of the organization include an ethics committee, which has promoted the establishment of an american finance association ombudsperson to help address any violation of the organization's code of professional conduct of ethics. The ombudsperson also provides informal, confidential assistance to members who need advice about work-related ethical issues such as discrimination or harassment.

Expenses: $61K

Financials

FY 2023

Revenue

Contributions & grants$105K
Program service revenue$1.4M
Investment income$265K
Other revenue
Total revenue$1.8M

Expenses

Grants paid$221K
Salaries & benefits$238K
Fundraising$2K
Other expenses$1.9M
Total expenses$2.4M
Total assets$29.3M
Net assets$27.6M

People

16 listed

NameRoleCompensation

KATHLEEN HANLEY

SECRETARY/TR

Board

$130K

15 hrs/wk

MICHELLE LOWRY

BOARD MEMBER

Board

$20K

0.5 hrs/wk

CAMELIA KUHNEN

BOARD MEMBER

Board

$2K

0.5 hrs/wk

NADYA MALENKO

BOARD MEMBER

Board

$2K

0.5 hrs/wk

ANTOINETTE SCHOAR

EDITOR OF JO

Board

20 hrs/wk

MARKUS BRUNNERMEIR

PAST PRESIDE

Board

1 hrs/wk

VIRAL ACHARYA

BOARD MEMBER

Board

0.5 hrs/wk

ALEX EDMANS

BOARD MEMBER

Board

0.5 hrs/wk

ULRIKE MALMENDIER

PRESIDENT EL

Board

3 hrs/wk

KAI LI

BOARD MEMBER

Board

0.5 hrs/wk

MONIKA PIAZZESI

PRESIDENT

Board

3 hrs/wk

WEI XIONG

BOARD MEMBER

Board

0.5 hrs/wk

CHRISTINE PARLOUR

BOARD MEMBER

Board

0.5 hrs/wk

LAURA STARKS

PAST PRESIDE

Board

0.5 hrs/wk

STIJN VAN NIEUWERBURGH

BOARD MEMBER

Board

0.5 hrs/wk

WEI JIANG

VICE PRESIDE

Board

1 hrs/wk

Independent contractors

MIT SLOAN SCHOOL OF MANAGEMENT

EDITING

$764K

UNIVERSITY OF PENNSYLVANIA

EDITING

$281K

FINANCE EDITORS

EDITING

$154K

DARTMOUTH COLLEGE

EDITING

$150K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$10K
TO FURTHER DESIGNATED WORK OF THE ORGANIZATION.
2021
$10K
PUBLIC, SOCIETAL BENEFIT
2021
$5K
PUBLIC, SOCIETAL BENEFIT
2020
$10K
TO FURTHER DESIGNATED WORK OF THE ORGANIZATION.
2019
$25K
GENERAL UNRESTRICTED
2018
$10K
For grant recipient's exempt purposes
2018
$5K
TO FURTHER DESIGNATED WORK OF THE ORGANIZATION.
2018

Funded by

$75K from 4 funders · 7 grants · 2018–2021

The Rosenfeld Foundation

$25K · 1 grant · 2018

Litzenberger Family Foundation

$25K · 3 grants · 2018–2021

Donor Advised Charitable Giving Inc

$15K · 2 grants · 2020–2021

Details

EIN136111495
NTEE codeW22C
Subsection03
Ruling date1954-02
Formed1939
Employees4
Volunteers53
AMERICAN FINANCE ASSOCIATION — Mission, Financials & Grants Received | Grantivo