American Independent Foundation is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2007, with $58,642,994 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$58.6M
▲ 218.3% vs prior year
Unknown median: $232K
Expenses (FY2024)
$52.4M
Net assets
$13.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for American Independent Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Independent Foundation: 3 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
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. Not scored for American Independent Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Independent Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.5M (FY2013) to $58.6M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
10.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.5M
Total liabilities
$309K
Net assets
$13.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $58,642,994▲218% | $52,360,305▲223% | $13,148,217▲91.5% | $13,457,553▲65.6% | 990 |
| 2023 | $18,423,509▼29.5% | $16,208,068▼28.1% | $6,865,528▲47.6% | $8,127,867▲69.0% | 990 |
| 2022 | $26,134,884▲432% | $22,550,443▲448% | $4,650,087▲336% | $4,810,446▲294% | 990 |
| 2021 | $4,909,163▲133% | $4,111,492▲103% | $1,065,646▲298% | $1,222,309▲106% | 990 |
| 2020 | $2,103,769▲59.1% | $2,022,585▲31.7% | $267,975▲43.5% | $592,311▲111% | 990 |
| 2019 | $1,322,183▲2542% | $1,535,536▲777% | $186,791▲4113% | $280,384▲1267% | 990 |
| 2017 | $50,038▼79.8% | $175,176▲25.7% | $4,434▼96.6% | $20,518▼86.6% | 990EZ |
| 2016 | $248,114▼17.5% | $139,412▼64.4% | $129,572▲521% | $152,639▲331% | 990 |
| 2015 | $300,643▼80.2% | $391,495▼71.1% | $20,870▼94.7% | $35,403▼91.8% | 990 |
| 2013 | $1,516,712 | $1,356,808▼47.2% | $392,654▼55.2% | $433,704▼56.1% | 990 |
| 2010 | — | $2,568,547 | $877,276 | $987,802 | 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.
97 grants to American Independent Foundation totaling $40.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hopewell Fund | Civil rights, social action, advocacy | 2024 | $3,330,000 |
| Silicon Valley Community Foundation | Arts & culture | 2024 | $1,316,250 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $731,300 |
| Greater Kansas City Community Foundation | Arts & culture | 2024 | $600,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $420,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $186,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $122,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $120,000 |
| The Bessemer Giving Fund | General support | 2024 | $105,000 |
| Daffy Charitable Fund | General support of mission | 2024 | $101,000 |
| American Endowment Foundation | Arts, culture | 2024 | $74,500 |
| Impactassets Inc | General support | 2024 | $73,850 |
| Denver Foundation | Media & communications | 2024 | $70,000 |
| Austin Community Foundation | General support | 2024 | $55,000 |
| Tides Foundation | Healthy individuals and communities | 2024 | $50,000 |
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Data for American Independent Foundation (EIN 33-1137541) 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.