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Amalgamated Charitable Foundation Inc

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

EIN: 821517696 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Amalgamated Charitable Foundation Inc?

Amalgamated Charitable Foundation Inc is a Washington, D.C.-based nonprofit organization committed to philanthropy for social change. They grant funds to IRS-recognized public charities across the United States, primarily utilizing donor-advised funds and foundation unresticted funds for their grantmaking activities. Their grants support organizations with tax-exempt status under 501(C)(3), focusing on areas such as assistance for those in need, support for youth and families, civil and human rights, education, health and scientific research, arts, culture and humanities, civic and community affairs, and environmental preservation. The foundation is dedicated to increasing philanthropy by funding charitable, educational, scientific, literary, or other 501C3 activities, while also promoting donor education, engagement, and community events. Amalgamated Charitable Foundation Inc employs a team of 23 individuals.


Is Amalgamated Charitable Foundation Inc legitimate?

Amalgamated Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amalgamated Charitable Foundation Inc 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: $2,853,679

For more financial information, click here


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

Mission Statement of Amalgamated Charitable Foundation Inc

Amalgamated Charitable Foundation Inc, a leading philanthropic organization, is dedicated to strengthening charitable giving and enhancing the impact of tax-exempt organizations. With a mission rooted in supporting and increasing philanthropy, the Foundation makes grants to a diverse range of public charities across the United States.

The Foundation's grantmaking activities primarily stem from donor advised funds and its unrestricted funds. These grants are extended to organizations classified under section 501(c)(3) of the Internal Revenue Code, focusing on various recognized charitable purposes. Among these, the Foundation prioritizes grants to assist those in need, support youth and families, advance civil and human rights, promote education, fund health and scientific research, nurture arts, culture, and the humanities, bolster civic and community affairs, and foster environmental preservation.

By providing financial support to these charitable initiatives, Amalgamated Charitable Foundation Inc plays a pivotal role in amplifying the collective power of philanthropy and driving meaningful change in communities across the country. Additionally, the organization actively encourages donor education and engagement, and engages in civic community events to further promote the spirit of giving and collaboration.

Impact

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




Thursday, August 15, 2024

Amalgamated Charitable Foundation Inc is dedicated to supporting philanthropy for social change. The foundation makes grants to various public charities across the United States, focusing on areas such as assistance for those in need, support for youth and families, civil and human rights, education, health and scientific research, arts, culture and the humanities, civic and community affairs, and environmental preservation. By providing funding to organizations that qualify under 501(c)(3) status, Amalgamated Charitable Foundation Inc is able to support a wide range of important causes and contribute to positive social impact.





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: $540,533
  • Program Service Revenue: $0
  • Gross Receipts: $225,224,122

    • Assets and Liabilities:
  • Total Assets: $160,739,477
  • Total Liabilities: $962,671
  • Net Assets: $159,776,806
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Anna Fink

    Main Address

    1825 K STREET NW, WASHINGTON, DC, 20006

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Amalgamated Charitable Foundation Inc 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.