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The Ayco Charitable Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141782466 ✦ Cohoes, NY ✦ Designated as a 501(c)(3)

Overview

What is The Ayco Charitable Foundation?

The Ayco Charitable Foundation, based in Cohoes, New York (100 Coliseum Drive), is a charitable organization dedicated to making a difference through philanthropy. With a focus on religious, charitable, scientific, literary, or educational causes, the foundation receives donations and distributes grants to organizations as outlined in Section 170(B)(1)(A) of the Internal Revenue Code. In the year 2022, they made approximately 31,400 grants amounting to over $229 million. The Ayco Charitable Foundation operates as a sponsoring organization and maintains donor-advised funds, promoting and encouraging charitable giving as its primary mission.


Is The Ayco Charitable Foundation legitimate?

The Ayco Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ayco Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of The Ayco Charitable Foundation?
Who is the CEO of The Ayco Charitable Foundation?
What is the revenue of The Ayco Charitable Foundation?
Who are the executives of The Ayco Charitable Foundation and what are their salaries?
Where can I find the form 990 for The Ayco Charitable Foundation?

Mission Statement of The Ayco Charitable Foundation

The Ayco Charitable Foundation, or ACF, is a philanthropic organization dedicated to encouraging and promoting charitable giving. It achieves its charitable purpose by accepting donations and granting funds, primarily to organizations described in Section 170(B)(1)(A) of the Internal Revenue Code of 1986, for religious, charitable, scientific, literary, or educational purposes. In the fiscal year ending December 31, 2022, ACF made approximately 31,400 grants, totaling approximately $229,388,000, to various charitable organizations. The organization functions as a "sponsoring organization" under Code Section 4966 and manages donor-advised funds.

Impact

This information is meant to be a general summary of The Ayco Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Ayco Charitable Foundation's impact is significant as it encourages and promotes philanthropy and charitable giving. In the year ended December 31, 2022, the organization made approximately 31,400 grants totaling approximately $229,388,000 to charitable organizations. This substantial support directly contributes to various religious, charitable, scientific, literary, and educational purposes, benefiting communities and organizations in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,270,544
  • Program Service Revenue: $0
  • Gross Receipts: $1,107,966,749

    • Assets and Liabilities:
  • Total Assets: $931,399,000
  • Total Liabilities: $2,541,000
  • Net Assets: $928,858,000
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Karey Dye

    Main Address

    100 COLISEUM DRIVE, COHOES, NY, 12047

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of The Ayco Charitable Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.