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EIN 36-3104692

Alpha Kappa Alpha Educational Advancement Foundation (AKAEAF)

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Chicago
State
Illinois
Year formed
1980
Most recent tax filings
2023-12-01
NTEE code, primary
B83: Student Sororities, Fraternities
Description
Creating the Educational Advancement Foundation was the method by which Alpha Kappa Alpha sought to ensure that there would always be support for education, its oldest program of service.
Also known as...
AKA Educational Advancement Foundation
Total revenues
$7,591,736
2023
Total expenses
$2,787,004
2023
Total assets
$27,452,066
2023
Num. employees
8
2023

Program areas at AKAEAF

Awarding of grants, fellowships and scholarships.

Who funds Alpha Kappa Alpha Educational Advancement Foundation (AKAEAF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Online Giving FoundationGeneral Support$69,032
Give Back FoundationProgram Support$68,746
The Blackbaud Giving FundGeneral Support$31,615
...and 12 more grants received

Personnel at AKAEAF

NameTitleCompensation
Erika EverettExecutive Director$158,321
Gregory WilliamsFinance Manager

Financials for AKAEAF

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,055,528
Program services$8,260
Investment income and dividends$2,527,948
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,591,736

Form 990s for AKAEAF

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-25990View PDF
2022-122023-06-27990View PDF
2021-122022-11-15990View PDF
2020-122022-03-09990View PDF
2020-122022-01-31990View PDF
...and 12 more Form 990s
Data update history
December 22, 2024
Received grants
Identified 1 new grant, including a grant for $1,300 from JP Morgan Chase Foundation
November 7, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $68,746 from Give Back Foundation
August 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 10, 2024
Received grants
Identified 2 new grant, including a grant for $26,100 from The US Charitable Gift Trust
Nonprofit Types
Civic / social organizationsSchoolsFraternities and sororitiesHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
MembershipsPartially liquidatedProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
5656 S Stony Island Ave 3 FLR
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
akaeaf.org/ 
Phone
(800) 653-6528
IRS details
EIN
36-3104692
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B83: Student Sororities, Fraternities
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Central organization
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