EIN 53-0218859

The Africa-America Institute

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
1953
Most recent tax filings
2022-12-01
Description
The Africa-America Institute promotes enlightened engagement between Africa and America through scholarships and convenings. Founded in 1953, AAI designs and manages programs that enable African students to pursue academic degrees and non-degree professional and leadership training within and outside Africa. Its African Higher Education Program manages scholarships and provides opportunities for African men and women to receive advanced academic, professional, and leadership training.
Total revenues
$2,499,412
2022
Total expenses
$3,425,065
2022
Total assets
$4,828,144
2022
Num. employees
5
2022

Program areas at The Africa-America Institute

Aai's african higher education program manages scholarships and otherwise provides opportunities for african men and women to receive advanced academic, professional, and leadership training within and outside africa.

Grants made by The Africa-America Institute

GranteeGrant descriptionAmount
Ashesi University FoundationTo Improve Higher Education$167,630
Tufts UniversityTo Improve Higher Education$25,000

Who funds The Africa-America Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Conrad N. Hilton FoundationTo Support Capacity Building Efforts at the Umlambo Foundation$250,000
John D and Catherine T Macarthur FoundationIn Support of the Global Black Project$250,000
The Ford FoundationGeneral Support$250,000
...and 11 more grants received

Personnel at The Africa-America Institute

NameTitleCompensation
Kofi AppentengPresident and Chief Executive Officer / Board Chair$249,229
Ambar TavarezChief Financial Officer$109,750
Joseph MoodheSecretary$0
Brian McGinleyVice President$54,384
Amini KajunjuPast President and Chief Executive Officer$137,402

Financials for The Africa-America Institute

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,287,086
Program services$0
Investment income and dividends$68,274
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$90,955
Net income from fundraising events$53,097
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,499,412

Form 990s for The Africa-America Institute

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-31990View PDF
2018-122020-01-31990View PDF
...and 10 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Received grants
Identified 11 new grant, including a grant for $1,000,000 from John D and Catherine T Macarthur Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 6, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Social advocacy organizationsInternational-focused organizationsCharities
Issues
EducationForeign affairsPublic policy
Characteristics
Fundraising eventsOperates internationallyReceives government fundingGala fundraisersTax deductible donations
General information
Address
60 E 42nd St 1700
New York, NY 10165
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
aaionline.org/?doing_wp_cron=1650154534.0402181148529052734375 
Phone
(212) 949-5666
IRS details
EIN
53-0218859
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1953
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q20: International Exchanges, Cultural Understanding
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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