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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
2022-12-01
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
$4,755,704
2022
Total expenses
$7,382,378
2022
Total assets
$22,974,963
2022
Num. employees
8
2022

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
Give Back FoundationProgram Support$66,036
American Online Giving FoundationGeneral Support$58,895
The Blackbaud Giving FundGeneral Support$22,726
...and 16 more grants received

Personnel at AKAEAF

NameTitleCompensation
Erika EverettBoard Member$160,635

Financials for AKAEAF

RevenuesFYE 12/2022
Total grants, contributions, etc.$8,131,006
Program services$7,661
Investment income and dividends$-3,382,963
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$4,755,704

Form 990s for AKAEAF

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-27990View PDF
2021-122022-11-15990View PDF
2020-122022-03-09990View PDF
2020-122022-01-31990View PDF
2020-122021-12-30990View PDF
...and 11 more Form 990s
Data update history
October 23, 2023
Received grants
Identified 1 new grant, including a grant for $22,726 from The Blackbaud Giving Fund
September 18, 2023
Updated personnel
Identified 9 new personnel
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 23, 2023
Updated personnel
Identified 9 new personnel
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsSchoolsFraternities and sororitiesHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
MembershipsPartially liquidatedProvides scholarshipsTax deductible donations
General information
Address
5656 S Stony Island Ave 3 FLR
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
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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