To expand the capacity of American philanthropy

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 1 volunteers and 103 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $736.6M a year · 42% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.3M
to officers and key staff · 0.2% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $8.32B in investments, Pt X · Ln 11–13
Fine: 0.8 months of spending in cash, plus $8.32B in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $6.9M
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7.0M
0.08% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9B
+43% vs prior year
Spent
$1.4B
To programs
99%
Net assets
$8.4B
By yearFY2020–FY2024
Revenue
$1.9B
FY2024▲ +43%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4B
FY2021$2.7B
FY2022$1.4B
FY2023$1.3B
FY2024$1.9B
Expenses
$1.4B
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$536.8M
FY2021$809.7M
FY2022$1.0B
FY2023$1.3B
FY2024$1.4B
Net assets
$8.4B
FY2024▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.7B
FY2021$7.1B
FY2022$6.2B
FY2023$7.1B
FY2024$8.4B

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $1.4B Management & general 0% · $4.4M Fundraising 0% · $4.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $3.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$602,809Pt VII · Sec A
Executive Vice President
$348,889Pt VII · Sec A
General Counsel & Secretary of Board
$248,190Pt VII · Sec A
$217,153Pt VII · Sec A
Chief Business Strategy Officer
$208,726Pt VII · Sec A
$205,123Pt VII · Sec A
Chief Bus Dev Off (until 3/25/24)
$183,111Pt VII · Sec A
VP Development
$181,232Pt VII · Sec A

Rondal Ransom’s $603K as Chief Executive Officer is at the 68th percentile of top reported officer pay among 129 $100M+ philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rondal Ransom$602,809$374,154———
John E Farren——$450,546$398,532$350,139
Stephen W Jones$348,889$386,885$305,882$280,640$258,264
Michele Hoza$248,190$238,301$222,651$209,538$200,509
Thomas J Tobin———$231,452$240,000
John Farren—$231,292———
Paula Hogan$217,153$210,101$199,744$198,635$201,425
Tyana Smith$183,111$209,249$202,968$193,828$188,256

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See American Endowment Foundation executive salaries →

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Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Administers donor-advised funds and distributes grants to tax-exempt charities and government entities to expand the capacity of American philanthropy.

Questions for American Endowment Foundation

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Your first name shows with your question. American Endowment Foundation answers here, for everyone.

Provided by the organization

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1 program · $1.4B · in their own filed words · FY2024
01

American 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.

$1.4Bprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 8 funders →
Grants paid · 65,226 grants · $4.6B · 2020–2024
Donor Advised Charitable Giving INCCO · FY2024$102,850,203
Eames InstituteCA · FY2024$63,265,261
National Philanthropic TrustPA · FY2024$49,838,327
Hoffman Institute FoundationCA · FY2024$20,118,500
Impactassets INCMD · FY2024$11,084,116
Eastside Preparatory SchoolWA · FY2024$10,246,000
Breakthrough T1dNY · FY2024$10,085,956
The Barack Obama FoundationIL · FY2024$10,007,020
The Church of Jesus Christ of Latter-Day SaintsFY2024$8,470,226
Walder Operations LtdIL · FY2024$8,334,000
The Community Foundation of UtahUT · FY2024$7,774,326
University ImpactUT · FY2024$5,620,906
Clean Air Task Force INCMA · FY2024$5,015,000
See all 65,226 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.9B
Ln 12
Gifts and grantsLn 1h$1.7B
Investment incomeLn 3$201.1M
Other incomeLn 4–11$2K
Money outPt IX
$1.4B
Ln 25
Programscol B$1.4B
Managementcol C$4.4M
Fundraisingcol D$4.1M
Owns and owesPt X
$8.4B
net assets · Ln 32
Cash and savingsLn 1–2$87.3M
Total assetsLn 16$8.4B
LiabilitiesLn 26$7.0M
PeoplePt VI, VII
24
listed · VII A
PaidVII A24
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7B
Noncash giftsLn 1g$1.10B
Investment incomeLn 3$201.1M
Other incomeLn 4–11$2K
Total revenueLn 12$1.9B
Assets in detailPt X, end of year
SavingsLn 2$87.3M
Cash and savings togetherLn 1–2$87.3M
InvestmentsLn 11–13$8.32B
Land, buildings, equipmentLn 10c$908K
Other assetsLn 15$1.9M
Total assetsLn 16$8.4B
LiabilitiesLn 26$7.0M
Net assetsLn 32$8.4B
OperationsPt I, VI
EmployeesI 5103
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$98.4M$87.3M
InvestmentsLn 11–13$7.04B$8.32B
Land, buildings, equipmentLn 10c$1.2M$908K
Total assetsLn 16$7.15B$8.41B
LiabilitiesLn 26$21.5M$7.0M
Net assetsLn 32$7.12B$8.40B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.31B$1.31B
Grants and assistance to foreign recipientsLn 3$10K$10K
Pay of current officers, directors and key staffLn 5$2.5M$1.2M$768K$533K
Other salaries and wagesLn 7$8.4M$5.0M$1.4M$1.9M
Pension plan contributionsLn 8$214K$121K$31K$61K
Other employee benefitsLn 9$890K$546K$109K$236K
Payroll taxesLn 10$631K$376K$110K$145K
Legal feesLn 11b$229K$156K$38K$35K
Accounting feesLn 11c$231K$231K
Lobbying feesLn 11d$220K$220K
Investment management feesLn 11f$35.9M$35.9M
Other fees for servicesLn 11g$4.3M$3.8M$396K$141K
Advertising and promotionLn 12$115K$115K
Office expensesLn 13$203K$144K$32K$27K
Information technologyLn 14$2.3M$1.3M$553K$427K
OccupancyLn 16$779K$465K$161K$152K
TravelLn 17$229K$51K$46K$132K
Conferences, conventions and meetingsLn 19$195K$107K$42K$46K
Depreciation, depletion and amortizationLn 22$341K$204K$71K$67K
InsuranceLn 23$161K$96K$33K$31K
Other expenses (24a–d)Ln 24$887K$732K$94K$62K
All other expensesLn 24e$140K$117K$17K$6K
Total functional expensesLn 25$1.36B$1.36B$4.4M$4.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.9B$1.4B$527.2M$8.4B 990 PDF
FY2023 $1.3B$1.3B$42.9M$7.1B 990 PDF
FY2022 $1.4B$1.0B$384.2M$6.2B 990 PDF
FY2021 $2.7B$809.7M$1.9B$7.1B 990 PDF
FY2020 $1.4B$536.8M$852.9M$4.7B 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,891,313,285 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,171,485,223$1,690,172,326
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $149,404,196$201,139,226
I-11 Other revenuePrior year $1,462$1,733
I-12 Total revenuePrior year $1,320,890,881$1,891,313,285
I-13 Grants and similar amounts paidPrior year $1,229,386,619$1,305,303,631
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $12,184,076$12,555,729
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $36,448,755$46,295,778
I-18 Total expensesPrior year $1,278,019,450$1,364,155,138
I-19 Revenue less expensesPrior year $42,871,431$527,158,147
Part VI · Governance 10 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,891,313,285 across 5 lines filed
Lines not itemized here account for $1,733 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,690,172,326
VIII-1g Noncash contributions (included above)$1,102,985,513
VIII-1h Total contributions, gifts and grants$1,690,172,326
VIII-3 Investment incomeUnrelated business $722,379 · Excluded from tax $200,416,847$201,139,226
VIII-12 Total revenueRelated to mission $0 · Unrelated business $722,379 · Excluded from tax $200,418,580$1,891,313,285
Part IX · Statement of functional expenses $1,364,155,138 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $1,305,293,631$1,305,293,631
IX-3 Grants and assistance to foreign recipientsPrograms $10,000$10,000
IX-5 Pay of current officers, directors and key staffPrograms $1,169,437 · Management $767,897 · Fundraising $532,597$2,469,931
IX-7 Other salaries and wagesPrograms $5,043,909 · Management $1,443,680 · Fundraising $1,862,993$8,350,582
IX-8 Pension plan contributionsPrograms $121,295 · Management $31,213 · Fundraising $61,145$213,653
IX-9 Other employee benefitsPrograms $545,568 · Management $108,641 · Fundraising $236,127$890,336
IX-10 Payroll taxesPrograms $375,857 · Management $110,285 · Fundraising $145,085$631,227
IX-11b Legal feesPrograms $155,811 · Management $37,553 · Fundraising $35,466$228,830
IX-11c Accounting feesManagement $231,105$231,105
IX-11d Lobbying feesManagement $220,379$220,379
IX-11f Investment management feesPrograms $35,948,715$35,948,715
IX-11g Other fees for servicesPrograms $3,792,866 · Management $396,116 · Fundraising $141,371$4,330,353
IX-12 Advertising and promotionFundraising $114,692$114,692
IX-13 Office expensesPrograms $144,176 · Management $32,322 · Fundraising $26,537$203,035
IX-14 Information technologyPrograms $1,307,227 · Management $552,760 · Fundraising $427,363$2,287,350
IX-16 OccupancyPrograms $465,329 · Management $161,075 · Fundraising $152,127$778,531
IX-17 TravelPrograms $51,093 · Management $45,716 · Fundraising $131,779$228,588
IX-19 Conferences, conventions and meetingsPrograms $106,644 · Management $42,248 · Fundraising $46,329$195,221
IX-22 Depreciation, depletion and amortizationPrograms $203,841 · Management $70,560 · Fundraising $66,640$341,041
IX-23 InsurancePrograms $95,975 · Management $33,222 · Fundraising $31,377$160,574
IX-24 Other expenses (24a–d)Programs $731,751 · Management $93,861 · Fundraising $61,711$887,323
IX-24e All other expensesPrograms $116,904 · Management $16,757 · Fundraising $6,380$140,041
IX-25 Total functional expensesPrograms $1,355,680,029 · Management $4,395,390 · Fundraising $4,079,719$1,364,155,138
Part X · Balance sheet $8,410,336,989 assets, 14 lines filed
Asset lines not itemized here account for $1,470,149; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $98,423,458$87,255,610
X-9 Prepaid expenses and deferred chargesStart of year $384,473$330,006
X-10c Land, buildings and equipment, netStart of year $1,249,416$908,375
X-11 Publicly traded securitiesStart of year $6,736,741,698$7,977,746,152
X-12 Other securitiesStart of year $305,440,488$340,696,981
X-15 Other assetsStart of year $2,073,859$1,929,716
X-16 Total assetsStart of year $7,145,882,316$8,410,336,989
X-17 Accounts payable and accrued expensesStart of year $1,214,726$2,295,597
X-18 Grants payableStart of year $17,360,329$1,912,525
X-25 Other liabilitiesStart of year $2,917,654$2,750,827
X-26 Total liabilitiesStart of year $21,492,709$6,958,949
X-27 Net assets without donor restrictionsStart of year $7,124,389,607$8,403,378,040
X-32 Total net assets or fund balancesStart of year $7,124,389,607$8,403,378,040
X-33 Total liabilities and net assetsStart of year $7,145,882,316$8,410,336,989
Part XI · Reconciliation of net assets $8,403,378,040 net assets at year end
XI-1 Total revenue$1,891,313,285
XI-2 Total expenses$1,364,155,138
XI-3 Revenue less expenses$527,158,147
XI-4 Net assets at start of year$7,124,389,607
XI-5 Net unrealized gains (losses) on investments$751,092,248
XI-8 Prior period adjustments−$1,870,474
XI-9 Other changes in net assets$2,608,512
XI-10 Net assets at end of year$8,403,378,040

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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