Nonprofits›American Opportunity Foundation Inc
American Opportunity Foundation Inc
ATLANTA, GA
Total revenue
$5.7M
Total expenses
$3.3M
Net assets
$75.6M
Grants received
$38.7M
9 grants
EIN
581533966
Tax year
2024
Mission
Owning and supporting housing for moderate-to-low income families and the elderly.
Financials
FY 2024
Revenue
Contributions & grants$1.6M
Program service revenue$971K
Investment income$3.1M
Other revenue—
Total revenue$5.7M
Expenses
Grants paid$488K
Salaries & benefits$1.3M
Fundraising—
Other expenses$1.5M
Total expenses$3.3M
Total assets$76.2M
Net assets$75.6M
People
5 listed
NameRoleCompensation
PHILIP J KENNEDY
PRESIDENT, TRUSTEE
Board
$515K
35 hrs/wk
KATHRYN WALKER
VICE PRESIDENT, SECRETARY
Board
$380K
35 hrs/wk
WILLIAM P FISHER III
TRUSTEE
Board
$25K
0.2 hrs/wk
ROBERT R DERRICK
TRUSTEE
Board
$15K
0.2 hrs/wk
JACK T HAMMER
TRUSTEE
Board
$15K
0.2 hrs/wk
Grants received
Showing 9 of 9
FromAmountPurposeYear
$490K
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2024
$2.9M
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2023
$830K
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2023
$350K
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2023
$31M
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2022
$1.1M
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2022
$240K
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2022
$970K
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2021
$780K
SUPPORT OF MODERATE-TO-LOW INCOME HOUSING FOR FAMILIES AND THE ELDERLY.
2020
Funded by
$38.7M from 3 funders · 9 grants · 2020–2024
Aof Miami Dade Affordable Housing Corp
$33.9M · 2 grants · 2022–2023
Aofpacific Affordable Housing Corp
$3.3M · 5 grants · 2020–2024
Aofhouston Affordable Housing Corp
$1.5M · 2 grants · 2022–2023
Details
EIN581533966
Subsection03
Ruling date1985-01
Formed1983
Employees2
Volunteers0