Support nonprofit organizations by managing & distributing charitable gifts

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$38K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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 $331K a year · 50% 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
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$38K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
18 mo
of spending, in cash
Plus $1.5M in investments, Pt X · Ln 11–13
Looks good: 17.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $52K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$240K
Spent
$183K
To programs
95%
Net assets
$2.1M
By yearFY2020–FY2024
Revenue
$240K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$240K
FY2021$867K
FY2022$781K
FY2023$460K
FY2024$941K
Expenses
$183K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$183K
FY2021$269K
FY2022$395K
FY2023$306K
FY2024$480K
Net assets
$2.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$2.9M
FY2022$3.0M
FY2023$3.3M
FY2024$4.0M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2003.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $174K Management & general 5% · $9K

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

Something off? Claim to add context

Who runs it and what they're paid

20 people listed on the 990; $38K paid to officers and key staff.

Part VII, Section A · reportable compensation
Former Exec
$19,474Pt VII · Sec A
Executive Di
$18,218Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Stephen Barrett’s $58K as Executive Dir. is at the 54th percentile of top reported officer pay among 1264 $100K–1M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stephen Barrett$57,665$51,935$33,293$35,167$18,218
Jeff Baldus————$19,474

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 Austin Area Foundation executive salaries →

On this list? Claim this org

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

Manages and distributes charitable gifts to support other nonprofits.

Questions for Austin Area Foundation

Tap to ask. Austin Area Foundation sees how many people are interested.

Your first name shows with your question. Austin Area Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $174K · in their own filed words · FY2020
01

Maintain and enhance resources of the austin area by supporting qualified nonprofit organizations

$174Kprogram 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 · FY2024
See all 4 funders →
Grants paid · 14 grants · $342K · 2020–2023
Life Mower CountyMN · FY2023$12,700
Life Mower CountyMN · FY2022$16,110
Mower County 4hMN · FY2021$45,000
Life Mower CountyMN · FY2021$29,912
Austin Public SchoolsFY2020$61,568
Salvation ArmyMN · FY2020$6,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$240K
Ln 12
Gifts and grantsLn 1h$165K
Investment incomeLn 3$58K
Other incomeLn 4–11$16K
Money outPt IX
$183K
Ln 25
Programscol B$174K
Managementcol C$9K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$266K
Total assetsLn 16$2.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$165K
Investment incomeLn 3$58K
Other incomeLn 4–11$16K
Gains on assetsLn 7−$223
Total revenueLn 12$240K
Assets in detailPt X, end of year
CashLn 1$84K
SavingsLn 2$182K
Cash and savings togetherLn 1–2$266K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$373K
Other assetsLn 15$4K
Total assetsLn 16$2.1M
LiabilitiesLn 26$0
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 618
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 FY20End FY20
Cash and savingsLn 1–2$264K$266K
InvestmentsLn 11–13$1.3M$1.5M
Land, buildings, equipmentLn 10c$391K$373K
Total assetsLn 16$1.9M$2.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.9M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$104K$104K
Pay of current officers, directors and key staffLn 5$38K$34K$4K
Payroll taxesLn 10$3K$3K$289
Accounting feesLn 11c$834$834
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$217$217
Office expensesLn 13$3K$3K$282
Information technologyLn 14$80$80
OccupancyLn 16$4K$2K$2K
Conferences, conventions and meetingsLn 19$77$77
InsuranceLn 23$1K$61$1K
Other expenses (24a–d)Ln 24$25K$24K$65
All other expensesLn 24e$781$531$250
Total functional expensesLn 25$183K$174K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $941K$480K$461K$4.0M 990 PDF
FY2023 $460K$306K$154K$3.3M 990 PDF
FY2022 $781K$395K$386K$3.0M 990 PDF
FY2021 $867K$269K$598K$2.9M 990 PDF
FY2020 Viewing $240K$183K$57K$2.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $239,741 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $178,679$165,242
I-9 Program service revenue$0
I-10 Investment incomePrior year $47,464$58,285
I-11 Other revenuePrior year $11,520$16,214
I-12 Total revenuePrior year $237,663$239,741
I-13 Grants and similar amounts paidPrior year $87,656$104,301
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $52,749$40,585
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $25,169$37,635
I-18 Total expensesPrior year $165,574$182,521
I-19 Revenue less expensesPrior year $72,089$57,220
Part VI · Governance 18 of 18 board members independent, no flags
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
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 $239,741 across 7 lines filed
Lines not itemized here account for $655 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$165,242
VIII-1h Total contributions, gifts and grants$165,242
VIII-3 Investment incomeExcluded from tax $58,508$58,508
VIII-6 Net rental income or lossExcluded from tax $5,000$5,000
VIII-7 Net gain or loss on sales of assetsRelated to mission −$223−$223
VIII-8 Net income from fundraising eventsExcluded from tax $10,559$10,559
VIII-12 Total revenueRelated to mission −$223 · Excluded from tax $74,722$239,741
Part IX · Statement of functional expenses $182,521 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $104,301$104,301
IX-5 Pay of current officers, directors and key staffPrograms $33,923 · Management $3,769$37,692
IX-10 Payroll taxesPrograms $2,604 · Management $289$2,893
IX-11c Accounting feesManagement $834$834
IX-11f Investment management feesPrograms $3,118$3,118
IX-11g Other fees for servicesManagement $217$217
IX-13 Office expensesPrograms $2,539 · Management $282$2,821
IX-14 Information technologyPrograms $80$80
IX-16 OccupancyPrograms $1,895 · Management $1,894$3,789
IX-19 Conferences, conventions and meetingsManagement $77$77
IX-23 InsurancePrograms $61 · Management $1,301$1,362
IX-24 Other expenses (24a–d)Programs $24,491 · Management $65$24,556
IX-24e All other expensesPrograms $531 · Management $250$781
IX-25 Total functional expensesPrograms $173,543 · Management $8,978 · Fundraising $0$182,521
Part X · Balance sheet $2,097,896 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $89,530$83,863
X-2 Savings and temporary cash investmentsStart of year $174,054$181,852
X-10c Land, buildings and equipment, netStart of year $390,903$372,891
X-11 Publicly traded securitiesStart of year $1,250,531$1,454,840
X-15 Other assetsStart of year $4,450$4,450
X-16 Total assetsStart of year $1,909,468$2,097,896
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,909,468$2,097,896
X-33 Total liabilities and net assetsStart of year $1,909,468$2,097,896
Part XI · Reconciliation of net assets $2,097,896 net assets at year end
XI-1 Total revenue$239,741
XI-2 Total expenses$182,521
XI-3 Revenue less expenses$57,220
XI-4 Net assets at start of year$1,909,468
XI-5 Net unrealized gains (losses) on investments$131,208
XI-10 Net assets at end of year$2,097,896

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.