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Charities Aid Foundation America

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

EIN: 431634280 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

Overview

What is Charities Aid Foundation America?

Charities Aid Foundation America, based in Alexandria, Virginia, operates donor-advised funds (DAFs) that granted over 502,441 contributions totaling $479.5 million in FY22. They partner with US corporations, foundations, and individuals to support charities in 96 countries. Their mission since 1992 is to enable Americans to donate to validated charities and projects both domestically and internationally. As a global grantmaking organization, they streamline the grantmaking process for donors, ensuring regulatory compliance and eliminating administrative burden. By providing a trusted platform for worldwide giving, they bridge the gap between US donors and foreign charitable organizations. (Word count: 107)


Official website here: www.cafamerica.org

Is Charities Aid Foundation America legitimate?

Charities Aid Foundation America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charities Aid Foundation America 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: $1,189,562
Professional Fundraising Fees: $84,120,838
Other Salaries and Wages: $5,230,313

For more financial information, click here


Official website here: www.cafamerica.org

What is the mission statement of Charities Aid Foundation America?

Charities Aid Foundation America facilitates charitable giving by U.S. taxpayers to validated charities around the world. Established in 1992, their mission is to empower Americans to support charities and charitable projects both domestically and internationally. As a global grantmaking organization, they streamline the grantmaking process for corporations, foundations, and individuals, eliminating risk and administrative burden. Due to regulations, U.S. donors cannot directly support foreign charitable organizations and receive a charitable tax receipt. Charities Aid Foundation America bridges this gap by providing a trusted platform for compliant worldwide giving.


Official website here: www.cafamerica.org

Who is the CEO of Charities Aid Foundation America?

Theodore R Hart is the President & Ceo of Charities Aid Foundation America. The CEO's salary of Charities Aid Foundation America is $447,565 and their total compensation is $483,719.


Official website here: www.cafamerica.org

What is the revenue of Charities Aid Foundation America?

Charities Aid Foundation America's revenue in 2022 was $754,327,499.


Official website here: www.cafamerica.org

Who are the executives of Charities Aid Foundation America and what are their salaries?

The average compensation at Charities Aid Foundation America during 2022 was $86,755. There are 74 employees and 9 volunteers at Charities Aid Foundation America.

Here are 17 key members and their salaries (Charities Aid Foundation America's CEO's salary is $447,565 and their total compensation is $483,719):

    Theodore Hart (President & Ceo)
  • Compensation: $447,565
  • Related: $0
  • Other: $36,154

    • William Zamagni (Cfo)
  • Compensation: $233,929
  • Related: $0
  • Other: $26,000

    • Jessica Krafft (Senior Vice President)
  • Compensation: $171,693
  • Related: $0
  • Other: $25,628

    • Michael Pedersen (Chief Of Staff)
  • Compensation: $133,091
  • Related: $0
  • Other: $16,469

    • Nicole Varner (Vp, Tech & Cybersecurity)
  • Compensation: $114,969
  • Related: $0
  • Other: $5,512

    • Brooks Reed (Vp, Thought Leadership & Philan.)
  • Compensation: $107,142
  • Related: $0
  • Other: $12,381

    • Charles Plunket (Asst. Vice President, Finance)
  • Compensation: $100,203
  • Related: $0
  • Other: $16,594

    • Deron Lehman (Chief Operating Officer)
  • Compensation: $38,531
  • Related: $0
  • Other: $1,700

    • Rob Buchanan (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Char Mollison (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anna Hofmeister (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Riant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar De Bruyn Kops (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ingrid Summers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Morey Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Heslop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Hammerstein (Director (As Of 10/21))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cafamerica.org

    Where can I find the form 990 for Charities Aid Foundation America?

    The Charities Aid Foundation America’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cafamerica.org

    Learn more at the official website: www.cafamerica.org

    Mission Statement of Charities Aid Foundation America

    Charities Aid Foundation America, established in 1992, serves as a bridge for U.S. taxpayers looking to support validated charities and charitable projects beyond their borders. In simple terms, the organization facilitates cross-border giving for Americans, enabling them to make a difference in the world while adhering to tax regulations.

    As a global grantmaking organization, CAF America's primary mission is to streamline the grantmaking process for corporations, foundations, and individuals. By working with validated charities and projects, CAF America eliminates risk and administrative burdens associated with giving directly to foreign organizations. This trusted platform ensures regulatory compliance for worldwide giving, making it an essential partner for those seeking to make an impact beyond their borders.

    Moreover, CAF America's role extends beyond just the grantmaking process. The organization acts as a trusted intermediary for donors who cannot directly give to foreign charities and obtain a charitable tax receipt. By providing a secure and reliable platform for international giving, CAF America empowers donors to make a difference in the lives of people around the world while adhering to tax regulations.

    In essence, Charities Aid Foundation America is dedicated to enabling Americans to support worthy causes and projects both domestically and internationally. By bridging the gap between donors and validated charities, the organization fosters a more interconnected and compassionate world.

    Impact

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




    Thursday, August 15, 2024

    Charities Aid Foundation America's impact is significant in enabling cross-border giving by U.S. taxpayers to validated charities across the world. Through their donor advised funds, CAF America has facilitated over 502,441 grants totaling $479,515,837 in FY22, supporting organizations in 96 countries. By partnering with U.S. corporate, individual, and foundation donors, CAF America streamlines the grantmaking process, eliminating risk and administrative burden for donors. Their mission since 1992 has been to enable Americans to support validated charities and charitable projects both domestically and internationally, serving as a trusted platform for regulatory-compliant worldwide giving.





    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: $5,916,795
  • Program Service Revenue: $1,514,727
  • Gross Receipts: $787,644,764

    • Assets and Liabilities:
  • Total Assets: $328,499,115
  • Total Liabilities: $5,995,315
  • Net Assets: $322,503,800
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    APPLICATION REVIEW FEE

    Revenue

    $1,514,727

    Organization Details

    Founding Year

    1992

    Principal Officer

    Theodore R Hart

    Main Address

    225 REINEKERS LANE 375, ALEXANDRIA, VA, 22314

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Charities Aid Foundation America 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.