American Indian College Fund meets the 20 Standards for Charity Accountability.
American Indian College Fund (AICF) works to help all Native people by providing them with access to a higher education. AICF awarded $7.72 million in scholarships to 3,900 American Indian students in 2018-19. AICF also provides financial and programmatic support for the needs of 34 accredited tribal colleges and universities, ranging from capital support to cultural preservation curricula.
For the year ended June 30, 2019, American Indian College Fund's program expenses were:
Scholarships and grants |
$15,882,032 |
Public education |
$4,873,790 |
Total Program Expenses: |
$20,755,822 |
-
Chief Executive
Cheryl Crazy Bull, President and Chief Executive Officer
-
Compensation*
$298,206
-
Chair of the Board
David Yarlott
-
Chair's Profession / Business Affiliation
President, Little Big Horn Community College
-
Board Size
20
-
Paid Staff Size
57
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Television
Fundraising costs were 20% of related contributions. (Related contributions, which totaled $29,977,424, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on American Indian College Fund's audited financial statements for the year ended June 30, 2019.
Source of Funds |
Contributions |
$26,168,032 |
Net investment return |
$4,340,106 |
Donated public service announcements |
$3,494,363 |
Special events, net |
$268,995 |
Other revenue |
$46,034 |
Total Income |
$34,317,530 |
- Programs: 74%
- Fundraising: 22%
- Administrative: 4%
Total Income |
$34,317,530 |
Program expenses |
$20,755,822 |
Fundraising expenses |
$6,013,548 |
Administrative expenses |
$1,299,817 |
Other expenses |
$0 |
Total expenses: |
$28,134,265 |
Income in Excess of Expenses |
$6,183,265 |
Beginning Net Assets |
$79,400,239 |
Other Changes In Net Assets |
$-65,078 |
Ending Net Assets |
$85,583,504 |
Total Liabilities |
$1,512,197 |
Total Assets |
$87,095,701 |
Note 1: According to the organization's audited finanical statements for the year ended June 30, 2019, AICF received donated public service announcements valued at $3,494,363.
Note 2: In the above financial section, "other changes in net assets" represents a loss on uncollectible promises to give.