American Foundation Corp
CLEVELAND, OH EIN: 23-7348126
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$23.1M
+4.5% YoY
Annual Giving
$1.3M
-2.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.3M
-2.1% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,136,509 | $22,133,416 | $24,351,205 |
| Revenue | $2,575,722 | $361,351 | $274,856 |
| Expenses | $1,743,777 | $1,668,233 | $1,962,065 |
| Qualifying Distributions | $1,329,124 | $1,353,205 | $1,631,017 |
| Net Investment Income | $2,193,085 | $164,418 | $166,490 |
| Distributable Amount | $1,394,787 | $1,373,215 | $1,530,767 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does American Foundation Corp fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DWIGHT B CORNING | PRESIDENT / DIRECTOR | 1 | — |
| MARY V MURFEY | V. PRES. / DIRECTOR | 1 | — |
| NADINE J MARTIN | ASST SECR/ASST TREAS | 1 | — |
| MARIA G MUTH | SECR. / TREASURER | 1 | — |
| FRANK RYAN | V PRESIDENT / DIR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Ohio $7.0M (100%)
States
Cities
Available Upon Request
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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