EIN 83-0397856

Aba Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2023-08-01
Description
The Aba Community Engagement Foundation helps banks and bankers improve their communities through leadership, partnerships, and programs. Revitalizing neighborhoods and communities throughout the United States is central to the foundation's mission, achieved by partnering with banks across the nation to foster growth and develop thriving local economies. One such program is Safe Banking for Seniors (SBFS), a free national initiative that provides bankers with tools and resources to assist older adults, families, and caregivers in preventing financial exploitation.
Related structure
Aba Foundation is a subordinate organization under American Bankers Association (ABA).
Also known as...
American Bankers Association Community Engagement Foundation; American Bankers Association Education Foundation; Aba Community Engagement Foundation
Total revenues
$1,039,797
2023
Total expenses
$1,334,969
2023
Total assets
$8,447,608
2023
Num. employees
0
2023

Program areas at Aba Foundation

Safe banking for seniors: safe banking for seniors (sbfs) is a free national program, sponsored by the Aba Community Engagement Foundation, that provides Bankers with the tools and resources necessary to help older adults, their families and caregivers prevent elder financial abuse and exploitation. More detail at: httpswwwabacomadvocacycommunitypr... seniors.
Association of military banks of america: Aba is fiscal sponsor for the Association of military banks of america (amba) to support the veterans benefits banking program (vbbp). The program helps unbanked veterans find access to the financial products and services they need.
Teach children to save: geared toward grades k-8, teach children to save (tcts), is a free national program sponsored by the Aba Community Engagement Foundation, that organizes banker volunteers throughout the year to help young people develop a savings habit early in life. More detail at: httpswwwabacomadvocacycommunitypr...
Lights camera save! : sponsored by the Aba Community Engagement Foundation, is a video contest that engages teens in educating themselves and their peers about the value of saving and using money wisely. More detail at: httpswwwabacomadvocacycommunitypr...
All other programs.

Grants made by Aba Foundation

GranteeGrant descriptionAmount
Association of Military Banks of America (AMBA)Support Operations$523,550

Who funds Aba Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Bankers Association (ABA)Contributions for Disaster Relief$175,000
New Jersey Bankers Charitable FoundationMS Disaster Fund$5,000

Personnel at Aba Foundation

NameTitleCompensation
Karin Petersen FlynnChief Financial Officer$0
Peter CookChief Communications Officer / Chief Communication Officer$0
Corey CarlisleSenior Vice President$0
Robert SchmermundFormer Executive Vice President
Sam KunjakunjaVice President Consumer Education$0
...and 12 more key personnel

Financials for Aba Foundation

RevenuesFYE 08/2023
Total grants, contributions, etc.$536,903
Program services$325,000
Investment income and dividends$189,698
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,804
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,039,797

Form 990s for Aba Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-12990View PDF
2022-082023-07-14990View PDF
2021-082022-07-06990View PDF
2020-082021-07-13990View PDF
2019-082020-09-03990View PDF
...and 9 more Form 990s
Data update history
September 3, 2024
Updated personnel
Identified 2 new personnel
August 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 28, 2024
Updated personnel
Identified 5 new personnel
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from New Jersey Bankers Charitable Foundation
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsNational levelEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employeesFiscal sponsorAccepts online donations
General information
Address
1333 New Hampshire Ave NW
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
aba.com/about-us/aba-foundation 
IRS details
EIN
83-0397856
Fiscal year end
August
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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