American Gift Fund
PO Box 15627, Wilmington, DE · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $166,326,352 | $115,867,890 | $638,755,535 |
| FY2023 | $155,807,228 | $74,771,291 | $558,087,511 |
| FY2022 | $117,606,182 | $69,873,862 | $431,199,704 |
| FY2021 | $191,491,973 | $63,851,628 | $439,171,434 |
| FY2020 | $85,115,601 | $43,023,473 | $296,992,095 |
| FY2019 | $116,777,488 | $46,586,579 | $238,807,638 |
| FY2018 | $66,751,524 | $25,224,888 | $169,779,755 |
| FY2016 | $40,550,719 | $15,503,865 | $67,940,579 |
| FY2015 | $15,121,762 | $51,289,370 | $42,893,725 |
| FY2014 | $22,791,391 | $5,560,135 | $79,061,133 |
| FY2013 | $10,239,963 | $7,414,116 | $61,829,877 |
| FY2012 | $6,578,410 | $5,922,443 | $59,202,925 |
| FY2011 | $43,896,604 | $4,000,881 | $59,005,220 |
| FY2010 | $4,697,203 | $2,036,938 | $19,095,857 |
Form 990 filings
The returns filed by American Gift Fund (EIN 51-6506426), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $123,822,384 | 74% |
| Program service revenue | $0 | 0% |
| Other revenue | $42,503,968 | 26% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $112,440,224 | 97% |
| Management & general | $3,427,666 | 3% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 74% of total revenue in FY2024.
- Program services accounted for 97% of functional expenses, management & general 3%, and fundraising 0%.
- 97% of functional expenses went to program services in FY2024. That is higher than 84.8% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in DE for a state comparison).
- Net assets covered about 66.2 months of expenses at the end of the reporting year. That puts it in the 22nd percentile among 1689 Philanthropy, Voluntarism & Grantmaking Foundations organizations in DE.
- Total revenue was the highest among 1699 Philanthropy, Voluntarism & Grantmaking Foundations organizations in DE.
- Total revenue rose from $4,697,203 in FY2010 to $166,326,352 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2015).
- The highest revenue on record here is $191,491,973 in FY2021.
- Net assets grew from $19,095,857 to $638,755,535 between FY2010 and FY2024.
- Contributions and grants made up 84% of revenue in FY2010 and 74% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO INSPIRE GENEROSITY ACROSS AMERICA AND PROVIDE MEANINGFUL CHARITABLE SERVICES FOR DONORS TO GIVE EFFICIENTLY, PURPOSEFULLY AND WITH IMPACT, WHILE SUPPORTING OUR COMMUNITIES IN PROSPERITY.
IRS status
| Ruling year | 1998 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T700 — Philanthropy, Voluntarism & Grantmaking Foundations (in DE) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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