EIN 83-1215288

Asset Funders Network (AFN)

IRS 501(c) type
501(c)(3)
Num. employees
36
Year formed
2018
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Asset Funders Network engages philanthropy to advance equitable wealth building and economic mobility. Regional projects connect grantmakers and colleagues in nonprofit, public, and private sectors to facilitate collaboration and maximize their impact on individual, family, and community wealth. Conferences build awareness of key issues, promising approaches, and timely, relevant research to support strategic and impactful investments.
Total revenues
$4,377,951
2023
Total expenses
$4,374,725
2023
Total assets
$2,901,743
2023
Num. employees
36
2023

Program areas at AFN

Regions and regional projects seek to connect grantmakers and colleagues in nonprofit, public, and private sectors to facilitate collaboration and maximize their impact on low and moderate income individual, family, and community wealth.
Conferences build awareness of key issues, promising approaches, and timely, relevant research to support strategic and impactful investments in asset-building/economic mobility in the u.s.
Communications and national projects are broadly focused to build economic well-being for low and moderate income individuals and households..

Grants made by AFN

GranteeGrant descriptionAmount
Jewels Comfort KeeperCapacity Building$10,000
Aes Literacy Institute IncorporatedCapacity Building$10,000
Mana A National Latina OrganizationCapacity Building$10,000
...and 5 more grants made

Who funds Asset Funders Network (AFN)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP Morgan Chase FoundationIn Support of Financial Health$345,000
Truist FoundationGeneral Operating$300,000
Kresge FoundationThe Purpose of This Grant Is To Provide Support To the Asset Funders Network (Afn), A Member-Based Philanthropic Organization Focused on Wealth and Asset Building.$250,000
...and 30 more grants received totalling $2,014,595

Personnel at AFN

NameTitleCompensation
Joseph A AntolinPresident and Chief Executive Officer$249,708
Annika LittleManaging Director$193,228
Jennifer FarlandCommunications$111,335
Kristin RennelsMembership D$113,825
Abby Hughes HolsclawSenior Director$163,466
...and 10 more key personnel

Financials for AFN

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,264,956
Program services$112,995
Investment income and dividends$0
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$4,377,951

Form 990s for AFN

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-06990View PDF
2022-122023-06-30990View PDF
2021-122022-06-30990View PDF
2020-122021-06-29990View PDF
2019-122020-11-19990View PDF
Data update history
August 17, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 11, 2024
Updated personnel
Identified 5 new personnel
August 10, 2024
Used new vendors
Identified 1 new vendor, including
July 14, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from East Bay Community Foundation (EBCF)
May 18, 2024
Received grants
Identified 26 new grant, including a grant for $345,000 from JP Morgan Chase Foundation
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsProvides grantsLobbyingTax deductible donationsAccepts online donations
General information
Address
2045 W Grand Ave 50387 Suite B
Chicago, IL 60612
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
assetfunders.org/ 
Phone
(312) 296-0700
IRS details
EIN
83-1215288
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0270690
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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