The American Foundation for Charitable
THE MISSION IS TO PROMOTE AND FACILITATE THE PRIVATIZATION OF PHILANTHROPY, AND HELP CHARITIES BECOME MORE EFFECTIVE AND SUCCESSFUL.1. WHAT WE MEAN BY PRIVATIZATION OF PHILANTHROPY. PRIVATIZATION OF PHILANTHROPY MEANS CREATING ENDOWMENTS OR FAMILY FOUNDATIONS WHERE THERE IS ONGOING DONOR (OR DONOR FAMILY) INVOLVEMENT AND DIRECTION OVER CHARITABLE GRANT MAKING.2. ACHIEVING OUR MISSION. WE ACHIEVE OUR MISSION BY CREATING INDIVIDUAL, FAMILY, AND CORPORATE FOUNDATIONS, MOSTLY IN THE MORE ADVANTAGEOUS PUBLIC CHARITY SETTING WHERE INDIVIDUALS, FAMILY MEMBERS, AND CORPORATE EXECUTIVES RETAIN THE ONGOING DIRECTION OVER CHARITABLE DISTRIBUTUIONS.3. RESULTS OF OUR MISSION. OUR MISSION AND EFFORTS WILL RESULT IN THE CREATION OF VAST AMOUNTS OF NEW AND MORE EFFECTIVE PHILANTHROPY.WE ARE DEVELOPING NEW CHARITABLE PROGRAMS DESIGNED TO HELP CHARITIES IMPROVE THEIR GOVERNANCE STRUCTURE, HUMAN RESOURCES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$20.8M
+9.4% YoY
Annual Giving
$1.3M
+155.8% YoY
Grant Count
24
-7.7% YoY
Avg Grant Size
$54K
+177.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,756,813 | $18,980,800 | $15,800,892 |
| Revenue | $5,701,154 | $4,029,189 | $2,317,166 |
| Expenses | $2,476,514 | $1,516,883 | $1,611,317 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,802,138 | $1,829,780 | $1,040,169 |
| 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 10 recipients in 2024
Grant Size Distribution
130 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The American Foundation for Charitable fund?
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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 |
|---|---|---|---|
| BENSON L SCHAUB | PRESIDENT/DIREC | 30 | — |
| KIMBER EASTMAN | SEC DIRECTOR | 1 | $1,600 |
| ROBERT MILLER | DIRECTOR | 1 | $1,600 |
| A MELVIN MC DONALD | DIRECTOR | 1 | $1,600 |
| BENSON S SCHAUB | Director | 1 | $1,600 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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