Amg Charitable Gift Foundation

Analysis

Amg Charitable Gift Foundation is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amg Charitable Gift Foundation reported income of $15.0m and spending of $14.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $33.8m to $15.0m (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amg Charitable Gift Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Montana Community Foundation Inc ($15.0m), Dr Phillips Inc ($15.2m) and Rancho Santa Fe Foundation ($15.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $129.5m against liabilities of $380k, net assets of $129.2m.