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American Foundation Corporation is a private corporation based in CLEVELAND, OH. The foundation received its IRS ruling in 1974. It holds total assets of $23.1M. Annual income is reported at $18.2M. According to available records, American Foundation Corporation has made 4 grants totaling $5.9M, with a median grant of $1.5M. Annual giving has grown from $1.4M in 2020 to $3.3M in 2022. Individual grants have ranged from $1.3M to $1.6M, with an average award of $1.5M. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
American Foundation Corporation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in OH.
American Foundation Corporation has distributed a total of $5.9M across 4 grants. The median grant size is $1.5M, with an average of $1.5M. Individual grants have ranged from $1.3M to $1.6M.
American Foundation Corporation typically selects its grantees rather than accepting unsolicited proposals.
American Foundation Corporation is headquartered in CLEVELAND, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dwight B Corning | PRESIDENT / | $0 | $0 | $0 |
| Mary V Murfey | V. PRES. / D | $0 | $0 | $0 |
| Nadine J Martin | ASST SECR/AS | $0 | $0 | $0 |
| Maria G Muth | SECR. / TREA | $0 | $0 | $0 |
| Frank Ryan | V PRESIDENT | $0 | $0 | $0 |
Total Giving
$1.7M
Total Assets
$22.1M
Fair Market Value
$28.3M
Net Worth
$22.1M
Grants Paid
$1.4M
Contributions
$0
Net Investment Income
$164K
Distribution Amount
$1.4M
Total: $17.9M
Total Grants
4
Total Giving
$5.9M
Average Grant
$1.5M
Median Grant
$1.5M
Unique Recipients
1
Most Common Grant
$1.6M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedCHARITABLE | Available Upon Request, OH | $1.6M | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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