NonprofitsThe American Foundation For Charitable Support Inc

Philanthropy, Voluntarism & Grantmaking Foundations

The American Foundation For Charitable Support Inc

PHOENIX, AZ

Total revenue

$5.7M

Total expenses

$2.5M

Net assets

$14.1M

Grants received

$6K

1 grants

EIN

860857725

Tax year

2024

Mission

The mission is to promote and facilitate the privatization of philanthropy, and help charities become more effective and successful.1. What we mean by privatization of philanthropy. Privatization of philanthropy means creating endowments or family foundations where there is ongoing donor (or donor family) involvement and direction over charitable grant making.2. Achieving our mission. We achieve our mission by creating individual, family, and corporate foundations, mostly in the more advantageous public charity setting where individuals, family members, and corporate executives retain the ongoing direction over charitable distributuions.3. Results of our mission. Our mission and efforts will result in the creation of vast amounts of new and more effective philanthropy.we are developing new charitable programs designed to help charities improve their governance structure, human resources.

Financials

FY 2024

Revenue

Contributions & grants$3.5M
Program service revenue
Investment income$1.8M
Other revenue$376K
Total revenue$5.7M

Expenses

Grants paid$1.5M
Salaries & benefits$6K
Fundraising
Other expenses$990K
Total expenses$2.5M
Total assets$20.8M
Net assets$14.1M

People

5 listed

NameRoleCompensation

KIMBER EASTMAN

SEC DIRECTOR

Board

$2K

1 hrs/wk

ROBERT MILLER

DIRECTOR

Board

$2K

1 hrs/wk

A MELVIN MC DONALD

DIRECTOR

Board

$2K

1 hrs/wk

BENSON S SCHAUB

Director

Board

$2K

1 hrs/wk

BENSON L SCHAUB

PRESIDENT/DIREC

Board

30 hrs/wk

Independent contractors

FOUNDATION SERVICES CO-OP OF UTAH LLC

MARKETING

FOUNDATION SERVICES OF AMERICA LLC

MANAGEMENT SERVICES

FOUNDATION SERVICES OF AMERICA LLC

REIMB PROGRAM COSTS

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$6K from 1 funder · 1 grant · 2024

American Foundation Of Utah Inc

$6K · 1 grant · 2024

Details

EIN860857725
NTEE codeT11
Subsection03
Ruling date1999-01
Employees0
THE AMERICAN FOUNDATION FOR CHARITABLE SUPPORT INC — Mission, Financials & Grants Received | Grantivo