THE AED FOUNDATION INC

THE AED FOUNDATION INC

Schaumburg, IL, US
501(c)3
EIN
36-3784945

THE AED FOUNDATION INC

Schaumburg, IL, US
501(c)3
EIN
36-3784945

Overview

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Est.

1991

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The AED Foundation Inc is a nonprofit organization dedicated to enhancing the success of AED member companies through continuous learning and educational opportunities, ultimately improving the workforce for the future. With an operating budget of $2.2 million and total revenue of $3.2 million for the 2024 filing year, the foundation relies on multiple funders without any single source contributing 50% or more of its revenue. More information can be found on their website at aedfoundation.org.

Mission Statement

THE AED FOUNDATION ENHANCES THE SUCCESS OF AED MEMBER COMPANIES BY ENCOURAGING CONTINUOUS LEARNING, PROVIDING EDUCATIONAL OPPORTUNITIES FOR TODAY'S EMPLOYEES AND IMPROVING THE QUANTITY AND QUALITY OF AVAILABLE EMPLOYEES FOR THE FUTURE.
Revenues

$3.2M

Expenses

$2.2M

Net Income:
+$994K
Assets

$11.1M

Liabilities

$290.1K

Net Assets:
+$10.8M
Operating Budget

$2.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

7

Median grant size
$20K
Largest grant received
$500K
D
Darren Grahsl
Board Member
B
Brian P McGuire
Board Member
D
Diane Benck
Board Member

Frequently Asked Questions

What is THE AED FOUNDATION INC’s budget?
In 2024, THE AED FOUNDATION INC reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does THE AED FOUNDATION INC support?
THE AED FOUNDATION INC supports work in Education.
Where does THE AED FOUNDATION INC operate?
THE AED FOUNDATION INC is headquartered in Schaumburg, IL.
Who funded THE AED FOUNDATION INC recently?
In 2024, THE AED FOUNDATION INC received grants from Associated Equipment Distributors, CHARITIES AID FOUNDATION AMERICA, and STOWERS MACHINERY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE AED FOUNDATION INC received in 2024?
The largest grant to THE AED FOUNDATION INC in 2024 exceeds $500 thousand.
Overview
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