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Nonprofiteer
← ALASKA COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by ALASKA COMMUNITY FOUNDATION.

Totals

Total revenue
$38,911,412
Total expenses
$24,302,262
Contributions and grants received
$24,888,983
Grants paid
$13,596,957
Program service revenue
$5,636,040
Investment income
$6,407,682
Other revenue
$1,978,707
Total assets, end of year
$243,886,396
Total liabilities, end of year
$3,512,240
Net assets or fund balances, end of year
$240,374,156
Program services expenses (Part IX)
$21,640,086
Management and general expenses
$1,941,697
Fundraising expenses
$720,479
Program service expenses (Part III)
$21,640,086

Program services were 89.0% 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

    $24,888,983

  • 1g · Noncash contributions included above

    $6,092,576

  • 2a · Program service revenue: PICK.CLICK.GIVE. PROGRAM REVENUE

    total $2,580,779 · related or exempt $2,580,779

  • 2b · Program service revenue: FUND ADMINISTRATION FEES

    total $3,055,261 · related or exempt $3,055,261

  • 3 · Investment income

    total $5,463,917 · excluded $5,463,917

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $1,462,456

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

    securities $518,691

  • 7c · Gain or loss

    securities $943,765

  • 7d · Net gain or loss

    total $943,765 · excluded $943,765

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: K-1 INCOME

    total $1,882,322 · unrelated business $108,828 · excluded $1,773,494

  • 11b · Other revenue: OTHER REVENUE

    total $96,385 · related or exempt $96,385

  • 11e · Other revenue, total

    $1,978,707

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,710,758 · program services $12,710,758

  • 2 · Grants to domestic individuals

    total $886,199 · program services $886,199

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $491,854 · program services $138,968 · management and general $241,716 · fundraising $111,170

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,579,289 · program services $446,209 · management and general $776,124 · fundraising $356,956

  • 8 · Pension plan contributions

    total $45,997 · program services $12,996 · management and general $22,605 · fundraising $10,396

  • 9 · Other employee benefits

    total $227,206 · program services $64,194 · management and general $111,658 · fundraising $51,354

  • 10 · Payroll taxes

    total $151,298 · program services $42,748 · management and general $74,354 · fundraising $34,196

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $28,466 · program services $21,894 · management and general $5,547 · fundraising $1,025

  • 11c · Fees: accounting

    total $57,423 · program services $44,167 · management and general $11,189 · fundraising $2,067

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $346,832 · program services $346,832

  • 11g · Fees: other

    total $1,043,869 · program services $761,412 · management and general $239,509 · fundraising $42,948

  • 12 · Advertising and promotion

    total $252,944 · program services $159,433 · management and general $73,326 · fundraising $20,185

  • 13 · Office expenses

    total $72,629 · program services $11,707 · management and general $45,507 · fundraising $15,415

  • 14 · Information technology

    total $132,948 · program services $102,255 · management and general $25,906 · fundraising $4,787

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $152,113 · program services $28,962 · management and general $92,594 · fundraising $30,557

  • 17 · Travel

    total $148,613 · program services $61,915 · management and general $79,152 · fundraising $7,546

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $227,189 · program services $195,356 · management and general $30,317 · fundraising $1,516

  • 23 · Insurance

    total $24,499 · program services $15,640 · management and general $6,542 · fundraising $2,317

  • 24a · Other expenses: FOUNDATION ADMIN. FEES

    total $2,813,390 · program services $2,813,390

  • 24b · Other expenses: PICK.CLICK.GIVE EXPENSE

    total $2,580,779 · program services $2,580,779

  • 24c · Other expenses: EQUIPMENT

    total $193,917 · program services $185,243 · management and general $7,451 · fundraising $1,223

  • 24d · Other expenses: SPECIAL EVENTS

    total $99,098 · program services $5,865 · management and general $69,259 · fundraising $23,974

  • 24e · All other expenses

    total $34,952 · program services $3,164 · management and general $28,941 · fundraising $2,847

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $614,152 · end of year $1,033,615

  • 2 · Savings and temporary cash investments

    beginning of year $23,195,457 · end of year $20,389,111

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $532,964 · end of year $612,127

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $153,392 · end of year $175,345

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

    $14,193,449

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

    $1,173,527

  • 10c · Land, buildings and equipment, net

    beginning of year $13,211,701 · end of year $13,019,922

  • 11 · Investments: publicly traded securities

    beginning of year $132,137,717 · end of year $155,675,935

  • 12 · Investments: other securities

    beginning of year $43,271,856 · end of year $52,524,982

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $577,987 · end of year $455,359

  • 17 · Accounts payable and accrued expenses

    beginning of year $268,430 · end of year $231,749

  • 18 · Grants payable

    beginning of year $832,187 · end of year $887,785

  • 19 · Deferred revenue

    beginning of year $1,660,517 · end of year $2,007,116

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $506,282 · end of year $385,590

  • 27 · Net assets without donor restrictions

    beginning of year $186,197,784 · end of year $215,743,367

  • 28 · Net assets with donor restrictions

    beginning of year $24,230,026 · end of year $24,630,789

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

INSPIRING THE SPIRIT OF GIVING AND CONNECTING PEOPLE, ORGANIZATIONS, AND CAUSES TO STRENGTHEN ALASKA'S COMMUNITIES NOW AND FOREVER.

  • PHILANTHROPIC FUNDS - DONATIONS AND/OR GRANTS EXPENDED FROM THE HOLDINGS OF ENDOWED OR NON-ENDOWED CHARITABLE FUNDS FOR THE SOLE PURPOSE OF MAKING GRANTS TO 501(C)(3) CHARITABLE ORGANIZATIONS IN PERPETUITY OR OTHERWISE.

    Expenses $17,802,879 · Grants $10,226,386 · Revenue $2,760,903

  • PICK.CLICK.GIVE - THIS PROGRAM ALLOWS ALASKANS TO DONATE A PORTION OF THEIR PERMANENT FUND DIVIDEND (PFD) TO CAUSES THEY CARE ABOUT STATEWIDE. ALASKA COMMUNITY FOUNDATION (ACF) RUNS THIS PROGRAM TOGETHER WITH THE STATE OF ALASKA TO SUPPORT NON-PROFITS, TO WHICH PFD RECIPIENTS CAN DONATE. IN 2024, 40,095 PEOPLE GAVE $2,438,779 TO 612 NON-PROFIT ORGANIZATIONS STATEWIDE THROUGH THIS PROGRAM.

    Expenses $2,853,441 · Grants $2,438,779 · Revenue $2,967,523

  • SUPPORT CAMP ORGANIZATIONS STATEWIDE. THE ALASKA COMMUNITY FOUNDATION HAS PARTNERED WITH RASMUSON FOUNDATION, MAT-SU HEALTH FOUNDATION, AND THE GEORGE AND STEPHANIE SUDDOCK FOUNDATION TO PROVIDE SUPPORT TO SUMMER CAMPS ACROSS ALASKA. SUMMER CAMPS ARE A RITE OF PASSAGE FOR ALASKAN YOUTH AND ESSENTIAL CHILDCARE INFRASTRUCTURE FOR ALASKAN FAMILIES. THE CAMP INITIATIVE SUPPORTS SUMMER ENRICHMENT PROGRAMMING FOR ALASKAN YOUTH, INCLUDING BOTH OVERNIGHT AND DAY CAMPS.

    Expenses $983,766 · Grants $931,792 · Revenue $3,999

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alexandra McKay

    President/CEO

    Total calculated
    $252,148
    From this org
    $225,865
    From related orgs
    $0
    Other
    $26,283
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $219,115
    Bonus
    $6,750
    Other
    not reported
    Deferred
    $6,261
    Nontaxable benefits
    $20,022
    Filer's total
    $252,148

  • Kevin Gray

    CFO

    Total calculated
    $239,706
    From this org
    $215,558
    From related orgs
    $0
    Other
    $24,148
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $199,808
    Bonus
    $15,750
    Other
    not reported
    Deferred
    $8,622
    Nontaxable benefits
    $15,526
    Filer's total
    $239,706

  • Megan Cacciola

    VP of Program & Grants

    Total calculated
    $174,905
    From this org
    $147,481
    From related orgs
    $0
    Other
    $27,424
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $131,731
    Bonus
    $15,750
    Other
    not reported
    Deferred
    $5,899
    Nontaxable benefits
    $21,525
    Filer's total
    $174,905

  • Elizabeth Miller

    VP DEVELOPMENT & COMMUNICATION

    Total calculated
    $171,093
    From this org
    $150,442
    From related orgs
    $0
    Other
    $20,651
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $139,692
    Bonus
    $10,750
    Other
    not reported
    Deferred
    $4,880
    Nontaxable benefits
    $15,771
    Filer's total
    $171,093

  • Janel Hodge

    Director of Finance

    Total calculated
    $138,395
    From this org
    $118,250
    From related orgs
    $0
    Other
    $20,145
    Hours/week
    45

  • Melody Price

    VP of Administration

    Total calculated
    $129,063
    From this org
    $109,750
    From related orgs
    $0
    Other
    $19,313
    Hours/week
    45

  • Gabe Kompkoff

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Jim Palmer

    Past Chair

    Total calculated
    $0
    Hours/week
    1

  • Tom Barrett

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Aaron Kusano

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Kim Reitmeier

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Anthony Mallott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristine NOROSZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dave Shaftel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Monica Shah

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jessica Graham

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bernard Gatewood

    Director

    Total calculated
    $0
    Hours/week
    1

  • Katie Carrigan

    Director

    Total calculated
    $0
    Hours/week
    1

  • Margo Bellamy

    Director

    Total calculated
    $0
    Hours/week
    1

  • Luke Blomfield

    Director

    Total calculated
    $0
    Hours/week
    1

  • Haven Harris

    Director

    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 · 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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ACF Properties LLC

    RE Holding Co · AK · income $462,124 · assets $208,667

    Directly controlled by ACF

  • ACF Properties B LLC

    BP Energy · AK · income $110,014 · assets $19,345,907

    Directly controlled by ACF

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202513189349311086

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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