THE ORGANIZATION'S MISSION IS TO IMPROVE PUBLIC UNDERSTANDING OF FINANCIAL PROBLEMS AND PROMOTE FINANCE SCHOLARSHIP. THE ORGANIZATION IS DEVOTED TO THE STUDY AND PROMOTION OF KNOWLEDGE ABOUT FINANCIAL ECONOMICS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.3M
+9.7% YoY
Annual Giving
$10K
Grant Count
1
Avg Grant Size
$10K
About American Finance Association
Based on IRS filings
American Finance Association is a nonprofit organization focused on Public, Societal Benefit, based in BETHLEHEM, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.3M in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $265K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,331,593 | $26,738,906 | $24,668,560 |
| Revenue | $1,795,280 | $2,867,924 | $2,101,619 |
| Expenses | $2,369,121 | $2,573,654 | $1,535,848 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $264,979 | $1,322,675 | $518,430 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
1 open opportunity from American Finance Association
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHLEEN HANLEY | SECRETARY/TR | 15 | $130,000 |
| MONIKA PIAZZESI | PRESIDENT | 3 | — |
| ULRIKE MALMENDIER | PRESIDENT EL | 3 | — |
| WEI JIANG | VICE PRESIDE | 1 | — |
| ANTOINETTE SCHOAR | EDITOR OF JO | 20 | — |
| MARKUS BRUNNERMEIR | PAST PRESIDE | 1 | — |
| VIRAL ACHARYA | BOARD MEMBER | 0.5 | — |
| ALEX EDMANS | BOARD MEMBER | 0.5 | — |
| CAMELIA KUHNEN | BOARD MEMBER | 0.5 | $1,500 |
| KAI LI | BOARD MEMBER | 0.5 | — |
| MICHELLE LOWRY | BOARD MEMBER | 0.5 | $20,000 |
| NADYA MALENKO | BOARD MEMBER | 0.5 | $1,500 |
| CHRISTINE PARLOUR | BOARD MEMBER | 0.5 | — |
| LAURA STARKS | PAST PRESIDE | 0.5 | — |
| STIJN VAN NIEUWERBURGH | BOARD MEMBER | 0.5 | — |
| WEI XIONG | BOARD MEMBER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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