American Credit Foundation

DRAPER, UT EIN: 87-0628487 Website

THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE FREE CREDIT COUNSELING TO THE GENERAL PUBLIC. DIRECT CONSULTATIONS WITH TRAINED STAFF, PROGRAM IMPLEMENTATION AND SEMINARS HAVE BEEN EXTREMELY SUCCESSFUL.

Financial Overview

From 2022 IRS Form 990-PF

Total Assets

-100.0% YoY

Annual Giving

$22K

-14.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$22K

-14.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$798K$2M$2M$3M202020212022
Metric202220212020
Total Assets$396,369$354,872
Revenue$1,771,052$2,269,508$2,901,679
Expenses$2,243,033$2,268,704$2,897,007
Qualifying Distributions
Net Investment Income$5$4$7
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$23K$34K$45K1 grants20201 grants20211 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

THE CHURCH OF JESUS CHRI…$22K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does American Credit Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

JOHN C KELLERMANAGER$106KSCOTT PETERSONPRESIDENT$43K

From 2022 filing

NameTitleHoursCompensation
JOHN C KELLERMANAGER$105,969
SCOTT PETERSONPRESIDENT40$42,908
MIKE CARPENTERDIRECTOR
RICHARD FOWLKSDIRECTOR
CURTIS JONESDIRECTOR
DANIEL WEEKSDIRECTOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Salt Lake City

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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