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← AMERICAN PSYCHOLOGICAL FOUNDATION INC

Form 990 for tax year 2023

Filed by AMERICAN PSYCHOLOGICAL FOUNDATION INC.

Totals

Total revenue
$7,708,422
Total expenses
$2,849,264
Contributions and grants received
$7,088,895
Grants paid
$1,350,320
Program service revenue
$0
Investment income
$553,839
Other revenue
$65,688
Total assets, end of year
$29,776,865
Total liabilities, end of year
$1,079,398
Net assets or fund balances, end of year
$28,697,467
Program services expenses (Part IX)
$2,135,137
Management and general expenses
$382,629
Fundraising expenses
$331,498
Program service expenses (Part III)
$2,135,137

Program services were 74.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $7,088,895

  • 1g · Noncash contributions included above

    $3,609

  • 3 · Investment income

    total $628,992 · excluded $628,992

  • 5 · Royalties

    total $65,688 · excluded $65,688

  • 7a · Gross sales of assets other than inventory

    securities $6,916,900

  • 7b · Less cost or other basis and sales expenses

    securities $6,992,053

  • 7c · Gain or loss

    securities -$75,153

  • 7d · Net gain or loss

    total -$75,153 · excluded -$75,153

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $168,371 · program services $168,371

  • 2 · Grants to domestic individuals

    total $1,123,097 · program services $1,123,097

  • 3 · Grants to foreign organizations and individuals

    total $58,852 · program services $58,852

  • 5 · Compensation of officers, directors and key employees

    total $216,480 · program services $132,187 · management and general $36,781 · fundraising $47,512

  • 7 · Other salaries and wages

    total $645,135 · program services $394,494 · management and general $109,770 · fundraising $140,871

  • 8 · Pension plan contributions

    total $48,678 · program services $29,766 · management and general $8,283 · fundraising $10,629

  • 9 · Other employee benefits

    total $14,366 · program services $7,790 · management and general $2,168 · fundraising $4,408

  • 10 · Payroll taxes

    total $57,050 · program services $34,885 · management and general $9,707 · fundraising $12,458

  • 11b · Fees: legal

    total $15,086 · program services $4,356 · management and general $8,574 · fundraising $2,156

  • 11c · Fees: accounting

    total $85,274 · program services $24,621 · management and general $48,464 · fundraising $12,189

  • 11f · Fees: investment management

    total $83,462 · management and general $83,462

  • 11g · Fees: other

    total $88,980 · program services $25,692 · management and general $50,570 · fundraising $12,718

  • 12 · Advertising and promotion

    total $24,132 · program services $14,443 · management and general $4,019 · fundraising $5,670

  • 13 · Office expenses

    total $105,120 · program services $78,421 · management and general $10,027 · fundraising $16,672

  • 14 · Information technology

    total $2,020 · program services $583 · management and general $1,148 · fundraising $289

  • 16 · Occupancy

    total $5,270 · program services $3,222 · management and general $897 · fundraising $1,151

  • 17 · Travel

    total $30,949 · program services $18,192 · management and general $5,062 · fundraising $7,695

  • 19 · Conferences, conventions and meetings

    total $59,855 · program services $4,599 · management and general $1,279 · fundraising $53,977

  • 22 · Depreciation, depletion and amortization

    total $14,211 · program services $8,690 · management and general $2,418 · fundraising $3,103

  • 24a · Other expenses: PLAQUES AND AWARDS

    total $2,876 · program services $2,876

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $429,233 · end of year $394,293

  • 2 · Savings and temporary cash investments

    beginning of year $1,181,509 · end of year $1,152,933

  • 3 · Pledges and grants receivable

    beginning of year $242,330 · end of year $5,871,688

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,886 · end of year $23,824

  • 10a · Land, buildings and equipment: cost or other basis

    $73,204

  • 10b · Land, buildings and equipment: accumulated depreciation

    $41,406

  • 10c · Land, buildings and equipment, net

    beginning of year $42,548 · end of year $31,798

  • 11 · Investments: publicly traded securities

    beginning of year $19,963,104 · end of year $22,300,954

  • 15 · Other assets

    beginning of year $0 · end of year $1,375

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,130 · end of year $47,345

  • 18 · Grants payable

    beginning of year $552,437 · end of year $469,931

  • 25 · Other liabilities

    beginning of year $260,691 · end of year $562,122

  • 27 · Net assets without donor restrictions

    beginning of year $5,244,905 · end of year $5,896,999

  • 28 · Net assets with donor restrictions

    beginning of year $15,766,447 · end of year $22,800,468

Mission and programs · 2023

Mission

THE AMERICAN PSYCHOLOGICAL FOUNDATION PROVIDES FINANCIAL SUPPORT FOR INNOVATIVE RESEARCH AND PROGRAMS THAT ENHANCE THE POWER OF PSYCHOLOGY TO ELEVATE THE HUMAN CONDITION AND ADVANCE HUMAN POTENTIAL BOTH NOW AND IN GENERATIONS TO COME.

Activities or mission (Part I)

TO PROVIDE FINANCIAL SUPPORT FOR INNOVATIVE RESEARCH AND PROGRAMS THAT ENHANCE THE POWER OF PSYCHOLOGY TO ELEVATE THE HUMAN CONDITION AND ADVANCE HUMAN POTENTIAL BOTH NOW AND IN GENERATIONS TO COME.

  • THE FOUNDATION (APF) PROVIDED FUNDING TO 241 STUDENTS, PSYCHOLOGISTS, AND ORGANIZATIONS WHOSE RESEARCH, PROJECTS, AND INTERVENTION PROGRAMS HELP INDIVIDUALS AND COMMUNITIES WORLDWIDE, MAKING A DIFFERENCE EVERY DAY. APF ACCOMPLISHED THIS THROUGH SCHOLARSHIPS TO ENSURE THAT TALENTED STUDENTS HAVE THE OPPORTUNITY TO ENRICH THE FIELD AND USE THEIR TRAINING TO BETTER HUMANKIND; EARLY CAREER AND SEED MONEY GRANTS TO PROVIDE CRUCIAL SUPPORT WHEN FUNDING IS DIFFICULT TO OBTAIN; AND TARGETED PROJECT GRANTS TO CREATE BETTER LIVES FOR PEOPLE ACROSS THE GLOBE.

    Expenses $2,135,137 · Grants $1,350,320

As filed on the 2023 return.

Listed in Part VII

  • Dr Michelle Quist Ryder

    CEO

    Total calculated
    $216,480
    From this org
    $204,556
    From related orgs
    $0
    Other
    $11,924
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $198,556
    Bonus
    $6,000
    Other
    $0
    Deferred
    $9,199
    Nontaxable benefits
    $2,725
    Filer's total
    $216,480

  • Terence Keane PhD

    PRESIDENT (TO JUL '23)

    Total calculated
    $0
    Hours/week
    3

  • Melba Jt Vasquez PhD

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Katherine C Nordal PhD

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Linda Forrest PhD

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • W Bruce Walsh PhD

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • J Gayle Beck PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Camilla P Benbow EdD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dorothy W Cantor Psyd

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Connie S Chan PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Douglas C Haldeman PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Anthony W Jackson PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Aurelio Prifitera PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Antonio E Puente PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
29 July 2024
IRS schema version
2023v5.1
Source object
202422129349300012

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