American Gift Fund
97% goes to programs $0 to raise $100 Strong reserves
American Gift Fund is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1998, with $166,326,352 in FY2024 revenue. CharityIndex grades it B+, and it directs about 97% of spending to programs.
Po Box 15627, Wilmington, DE, 19850 EIN 51-6506426 Since 1998
Revenue (FY2024)
$166.3M
▲ 6.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$115.9M
Net assets
$638.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
A+Program efficiency40% of the rating97% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For American Gift Fund: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating66 mo reserves · +30% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Gift Fund: 66 mo reserves · +30% margin earns a B+ on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For American Gift Fund: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Gift Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To inspire generosity across america and provide meaningful charitable services for donors to give efficiently, purposefully and with impact, while supporting our communities in prosperity.
Contact & location
- Address
- Po Box 15627, Wilmington, DE, 19850
- City
- Wilmington
- State
- Delaware
- Subcategory
- Federated Giving Programs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $85.1M (FY2020) to $166.3M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.8MNet assets $638.8M
Operating margin
30.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$642.6M
Total liabilities
$3.8M
Net assets
$638.8M
Salaries & benefits
$3.6M
3% of expenses
Board members
3
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $166,326,352▲6.8% | $115,867,890▲55.0% | $638,755,535▲14.5% | $642,561,389▲14.7% | 990 |
| 2023 | $155,807,228▲32.5% | $74,771,291▲7.0% | $558,087,511▲29.4% | $560,093,449▲29.0% | 990 |
| 2022 | $117,606,182▼38.6% | $69,873,862▲9.4% | $431,199,704▼1.8% | $434,171,024▼1.3% | 990 |
| 2021 | $191,491,973▲125% | $63,851,628▲48.4% | $439,171,434▲47.9% | $439,949,657▲47.5% | 990 |
| 2020 | $85,115,601 | $43,023,473 | $296,992,095 | $298,280,890 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: L Paul Dorsey — $60,000 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| L Paul Dorsey | Chairman | 10 | $60,000 |
| H Lee Cheney | Director | 4 | $30,000 |
| Lyman Amsden | Director | 4 | $30,000 |
| Ranee Truman-fisher | Secretary | 40 | — |
| Rbc Trust Company (delaware) Ltd | Trustee | 40 | — |
| Sandra Kananen | Assistant Secretary | 40 | — |
Grants received · $114.9M total
68 grants to American Gift Fund totaling $114.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $3,671,076 |
| The Community Foundation of Utah | General support | 2024 | $1,448,800 |
| Arizona Community Foundation | This award is designated support for general support | 2024 | $247,170 |
| American Endowment Foundation | Philanthropy | 2024 | $54,072 |
| Dechomai Foundation Inc | Unrestricted | 2024 | $21,641 |
| American Gift Fund | Operations | 2024 | $7,000 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $6,023,433 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $4,411,369 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $1,117,761 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $805,212 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $647,365 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $468,208 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $285,679 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $236,427 |
| Dechomai Foundation Inc | Unrestricted | 2023 | $121,041 |
Grants made · $98.2M in FY2024
1,827 grants totaling $98.2M in FY2024 — showing the 15 largest. All grants made by American Gift Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Opportunity Village Foundation | Operations | $5,000,000 |
| Jazz At Aspen-snowmass | Operations | $3,616,100 |
| Renaissance Charitable Foundation Inc | Operations | $1,913,318 |
| Social Justice Legal Foundation | Operations | $1,538,828 |
| American Endowment Foundation | Operations | $1,531,200 |
| Raymond James Charitable Endowment Fund | Operations | $1,494,823 |
| Healing Life Guidance Center | Operations | $1,413,000 |
| League of Vaishnava Entreprenuers Inc | Operations | $1,200,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Operations | $1,104,872 |
| Pennsylvania State University | Operations | $1,000,500 |
| Green Our Planet | Operations | $1,000,000 |
| Rapid City Club For Boys Foundation Inc | Operations | $1,000,000 |
| New Bridge Baptist Church | Operations | $973,000 |
| United States Catholic Conference | Operations | $953,525 |
| National Philanthropic Tr | Operations | $946,854 |
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Compare American Gift Fund
Frequently asked questions
- Is American Gift Fund a legitimate nonprofit?
- Yes. American Gift Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-6506426, based in Wilmington, Delaware. Donations are tax-deductible.
- What is American Gift Fund's EIN?
- American Gift Fund's Employer Identification Number (EIN) is 51-6506426.
- How much revenue does American Gift Fund report?
- American Gift Fund reported $166,326,352 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of American Gift Fund's spending goes to programs?
- American Gift Fund spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does American Gift Fund have?
- CharityIndex grades American Gift Fund B+, based on program efficiency and fundraising cost.
- How much does American Gift Fund's highest-paid employee make?
- The highest reported compensation on American Gift Fund's latest Form 990 is $60,000, paid to L Paul Dorsey (Chairman).
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Data for American Gift Fund (EIN 51-6506426) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.