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Nonprofiteer
← AFP FOUNDATION FOR PHILANTHROPY

Form 990 for tax year 2022

Filed by AFP FOUNDATION FOR PHILANTHROPY.

Totals

Total revenue
$1,333,132
Total expenses
$1,167,501
Contributions and grants received
$926,066
Grants paid
$344,372
Program service revenue
$303,718
Investment income
$103,348
Other revenue
$0
Total assets, end of year
$1,746,463
Total liabilities, end of year
$33,411
Net assets or fund balances, end of year
$1,713,052
Program services expenses (Part IX)
$644,675
Management and general expenses
$483,848
Fundraising expenses
$38,978
Program service expenses (Part III)
$644,675

Program services were 55.2% 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

    $926,066

  • 2a · Program service revenue: REGISTRATION FEES

    total $236,718 · related or exempt $236,718

  • 2b · Program service revenue: SPONSORSHIPS

    total $67,000 · excluded $67,000

  • 3 · Investment income

    total $26,874 · excluded $26,874

  • 7a · Gross sales of assets other than inventory

    securities $797,494

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

    securities $721,020

  • 7c · Gain or loss

    securities $76,474

  • 7d · Net gain or loss

    total $76,474 · excluded $76,474

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $214,146 · program services $214,146

  • 2 · Grants to domestic individuals

    total $120,089 · program services $120,089

  • 3 · Grants to foreign organizations and individuals

    total $10,137 · program services $10,137

  • 5 · Compensation of officers, directors and key employees

    total $51,820 · program services $2,085 · management and general $49,544 · fundraising $191

  • 7 · Other salaries and wages

    total $226,868 · program services $10,390 · management and general $215,528 · fundraising $950

  • 8 · Pension plan contributions

    total $12,355 · program services $48 · management and general $12,301 · fundraising $6

  • 9 · Other employee benefits

    total $33,447 · management and general $33,447

  • 10 · Payroll taxes

    total $19,377 · program services $888 · management and general $18,409 · fundraising $80

  • 11b · Fees: legal

    total $19,801 · management and general $19,801

  • 11c · Fees: accounting

    total $5,052 · management and general $5,052

  • 11f · Fees: investment management

    total $7,077 · management and general $7,077

  • 11g · Fees: other

    total $67,711 · program services $25,086 · management and general $24,652 · fundraising $17,973

  • 12 · Advertising and promotion

    total $9,901 · program services $8,499 · management and general $1,402

  • 13 · Office expenses

    total $49,574 · program services $25,032 · management and general $21,902 · fundraising $2,640

  • 16 · Occupancy

    total $32,940 · program services $5,100 · management and general $17,640 · fundraising $10,200

  • 17 · Travel

    total $64,524 · program services $39,475 · management and general $23,477 · fundraising $1,572

  • 19 · Conferences, conventions and meetings

    total $204,685 · program services $177,320 · management and general $24,225 · fundraising $3,140

  • 23 · Insurance

    total $7,629 · program services $2,044 · management and general $5,455 · fundraising $130

  • 24a · Other expenses: DONOR RECOGNITION

    total $14,174 · program services $349 · management and general $13,825

  • 24b · Other expenses: MISCELLANEOUS

    total $838 · program services $3,987 · management and general -$5,245 · fundraising $2,096

  • 24c · Other expenses: TAXES

    total $356 · management and general $356

  • 24d · Other expenses: BAD DEBT

    total -$5,000 · management and general -$5,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $402,071 · end of year $420,006

  • 3 · Pledges and grants receivable

    beginning of year $228,205 · end of year $332,821

  • 4 · Accounts receivable

    beginning of year $10,000 · end of year $4,100

  • 9 · Prepaid expenses and deferred charges

    beginning of year $41,960 · end of year $20,465

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

    $60,000

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

    $60,000

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $1,153,408 · end of year $939,934

  • 15 · Other assets

    beginning of year $46,488 · end of year $29,137

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,720 · end of year $33,411

  • 25 · Other liabilities

    beginning of year $1,060 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $330,783 · end of year $372,603

  • 28 · Net assets with donor restrictions

    beginning of year $1,495,569 · end of year $1,340,449

Mission and programs · 2022

Mission

THE AFP FOUNDATION SHALL STRIVE TO ENHANCE PHILANTHROPY AND VOLUNTEERISM THROUGH PROGRAMS, EDUCATION, AND RESEARCH.

Activities or mission (Part I)

THE AFP FOUNDATION FOR PHILANTHROPY SHALL STRIVE TO ENHANCE PHILANTHROPY AND VOLUNTEERISM THROUGH PROGRAMS OF EDUCATION, RESEARCH AND SERVICE THAT WILL BENEFIT THOSE WHO LEAD, SERVE AND SUPPORT NONPROFIT INSTITUTIONS. THE FOUNDATION ADVANCES PHILANTHROPY AND THE FUNDRAISING PROFESSION THROUGH THE INVOLVEMENT AND INVESTMENT OF AFP MEMBERS, CHAPTERS, CONSULTING FIRMS, VENDORS AND FRIENDS. THE PURPOSE OF THE FOUNDATION IS TO GENERATE THE RESOURCES TO FUND AFP STRATEGIC INITIATIVES AND RELATED PROGRAMS THAT ADVANCE ETHICAL AND EFFECTIVE FUNDRAISING.

  • RELEVANT QUALITY EDUCATION: THIS PROGRAM OF THE AFP FOUNDATION SEEKS TO EDUCATE CURRENT PROFESSIONALS AND DEVELOP FUTURE LEADERS OF THE PROFESSION. CONFERENCES AND ACADEMIES ARE THE MAIN FOCUS IN DELIVERING THIS EDUCATION AND DEVELOPMENT. IN ADDITION, THIS PROGRAM PROVIDES SCHOLARSHIPS TO IMPROVE THE FUNDRAISING PROFESSION.

    Expenses $579,253 · Grants $294,445 · Revenue $303,718

  • INCLUSION AND INFLUENCE: THIS PROGRAM FOCUSES ON INCREASING DIVERSITY AND INCLUSION WITHIN THE FUNDRAISING PROFESSION AND PHILANTHROPY. THE SCHOLARSHIP FUNDS WITHIN THE PROGRAM FURTHER PROMOTE THESE FOCUSES TO YOUNG FUNDRAISING PROFESSIONALS. GRANTS ARE PROVIDED TO DIVERSE FUNDRAISING PROFESSIONALS TO PROVIDE PROFESSIONAL EDUCATION, TRAINING, AND INFORMATION TO ADVANCE THEIR SKILLS, ABILITIES, AND CAREERS.

    Expenses $65,422 · Grants $49,927

As filed on the 2022 return.

Listed in Part VII

  • Mike Geiger

    AFP PRESIDENT & CEO

    Total calculated
    $579,752
    From this org
    $26,223
    From related orgs
    $498,217
    Other
    $55,312
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $20,458 + $388,691 related
    Bonus
    $5,700 + $108,300 related
    Other
    $65 + $1,226 related
    Deferred
    $525 + $9,983 related
    Nontaxable benefits
    $2,474 + $47,004 related
    Filer's total
    $29,222 + $555,204 related

  • David Sigman

    CFO & VP, BUSINESS OPERATIONS

    Total calculated
    $253,050
    From this org
    $11,041
    From related orgs
    $209,778
    Other
    $32,231
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $9,476 + $180,043 related
    Bonus
    $1,550 + $29,450 related
    Other
    $15 + $285 related
    Deferred
    $221 + $4,196 related
    Nontaxable benefits
    $1,476 + $28,048 related
    Filer's total
    $12,738 + $242,022 related

  • Harry Lynch CFRE

    CHAIR

    Total calculated
    $0
    Hours/week
    4 + 4 related

  • Missy Ryan Penland Mpa

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    4

  • Catherine Connolly

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Karen Rotko-Wynn

    IMMEDIATE PAST CHAIR (THRU 12/22)

    Total calculated
    $0
    Hours/week
    4

  • Kevin Foyle CFRE

    AFP CHAIR

    Total calculated
    $0
    Hours/week
    4 + 4 related

  • Birgit Smith Burton

    AFP CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    4 + 4 related

  • Martha Schumacher CFRE Acfre Minst

    AFP IMMEDIATE PAST CHAIR (THRU 12/22)

    Total calculated
    $0
    Hours/week
    4 + 4 related

  • Jeremy Wells

    AFP TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Lori Gusdorf

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $207,186
    From this org
    $155,969
    From related orgs
    $8,209
    Other
    $43,008
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $139,838 + $7,360 related
    Bonus
    $14,250 + $750 related
    Other
    $1,881 + $99 related
    Deferred
    $7,669 + $404 related
    Nontaxable benefits
    $34,598 + $1,821 related
    Filer's total
    $198,236 + $10,434 related

  • Michael Nilsen

    VP, MARKETING, COMMS AND PUBLIC POLICY

    Total calculated
    $247,231
    From this org
    $11,203
    From related orgs
    $212,851
    Other
    $23,177
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $5,339 + $101,442 related
    Bonus
    $375 + $7,125 related
    Other
    $5,489 + $104,284 related
    Deferred
    $181 + $3,432 related
    Nontaxable benefits
    $1,049 + $19,933 related
    Filer's total
    $12,433 + $236,216 related

  • Kendall Joyner

    VP, PROFESSIONAL DEVELOPMENT

    Total calculated
    $172,009
    From this org
    $7,657
    From related orgs
    $145,481
    Other
    $18,871
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $7,210 + $136,991 related
    Bonus
    $425 + $8,075 related
    Other
    $22 + $415 related
    Deferred
    $388 + $7,377 related
    Nontaxable benefits
    $625 + $11,877 related
    Filer's total
    $8,670 + $164,735 related

  • Christian Dinegar

    DIRECTOR, CONFERENCES & EVENTS

    Total calculated
    $169,482
    From this org
    $8,070
    From related orgs
    $153,337
    Other
    $8,075
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $6,999 + $132,986 related
    Bonus
    $1,050 + $19,950 related
    Other
    $21 + $401 related
    Deferred
    $404 + $7,671 related
    Nontaxable benefits
    $69 + $1,319 related
    Filer's total
    $8,543 + $162,327 related

  • Nicholas Ricci

    DIRECTOR, WEB AND CONTENT MANAGER

    Total calculated
    $126,322
    From this org
    $6,254
    From related orgs
    $118,817
    Other
    $1,251
    Hours/week
    2 + 38 related

  • Baterdene Yura

    CONTROLLER

    Total calculated
    $110,435
    From this org
    $10,482
    From related orgs
    $94,339
    Other
    $5,614
    Hours/week
    4 + 36 related

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

  • 4a · Severance or change-of-control payment

Answered no

  • 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

The filer's explanations (Part III)

PART I, LINE 3
METHODS USED TO DETERMINE CEO COMPENSATION BY RELATED ORGANIZATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4A
DURING THE YEAR ENDED DECEMBER 31, 2022, AFP, A RELATED ORGANIZATION, PAID THE FOLLOWING AMOUNT FOR SEVERANCE: MICHAEL NILSEN, VP, MARKETING, COMMUNICATIONS AND PUBLIC POLICY - $109,772

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE ASSOCIATION OF FUNDRAISING PROFESSIONALS

    501(C)(6) · TO ADVANCE PHILANTHROPY THROUGH ETHICAL AND EFFECTIVE FUNDRAISING · DC

  • AFP PAC

    527 · POLITICAL ACTIVITY · DC

    Directly controlled by ASSOCIATION OF FUNDRAISING PROFESSIONALS

Provenance

Return type
form_990
Tax year
2022
Filed
26 September 2023
IRS schema version
2022v5.0
Source object
202342709349300404

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