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AITEC GIVES BACK FOUNDATION
NEW YORK, NY · EIN 465421913 · Form 990 · FY2025 · NTEE T30 · Philanthropy & Grantmaking · Small ($100K-$1M) · aitec.org
revenue
$207K
expenses
$62K
net assets
$238K
employees
0
program ratio
71%
mission · from form 990

AITEC'S MISSION IS TO FOSTER A PRIVATE COMMUNITY OF PEERS WHO EMPOWER ONE ANOTHER THROUGH SECURE INFORMATION EXCHANGE IN PURSUIT OF PROFESSIONAL AND PERSONAL EXCELLENCE.

profile · synthesized from sources

AITEC GIVES BACK FOUNDATION is a 501(c)(3) nonprofit established to support community giving initiatives, primarily through its annual charity golf event. The foundation is affiliated with AITEC, a private peer network of senior technology and operational executives in the investment industry. Proceeds from the foundation's events benefit veteran and youth-focused projects.

named programs · 1 · from sources

What they call their work

AITEC Gives Back Golf Classic
Annual charity golf event that raises funds for veteran and youth projects; has raised over $3.8 million since inception in 2013.
activities · 3 groups

What they do

  • Charity Golf Tournament Fundraiser 2 activities
    • Funds veteran and youth projects through fundraising events
      Raises and allocates funds for veteran and youth initiatives, having raised over $3.8 million since 2013 through its annual golf classic event, including more than $150,000 in the first year of the event.
    • Organizes annual fundraising golf classic event
      Hosts an annual golf classic event as a core charitable initiative to advance its mission, which has contributed to raising over $3.8 million since 2013.
  • Cybersecurity Skills Development 1 activity
    • Hosts executive retreats featuring professional development sessions
      Organized the 2024 Executive Winter Retreat with sessions on cybersecurity, AI use cases, digital transformation, and incident response to support peer learning and professional growth.
  • Uncategorized 1 activity
    • Develops and disseminates standardized due diligence tools for the alternative investment industry
      Co-developed and distributes a standardized due diligence questionnaire for vendor technology and cybersecurity, used across the alternative investment industry to improve communication and understanding of technology infrastructure; adopted by over 250 asset management firms and offered through engagement with over 200 global vendors.
financials · form 990 · fy2025
revenue
Total revenue$207K
Contributions & grants$207K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$62K
Program expenses71%
Admin / overhead28%
Fundraising1%
Salaries & benefits$0
Grants paid out$25K
Largest expense lineFacilities
balance sheet
Total assets$240K
Cash$240K
Investments$0
Liabilities$3K
Net assets$238K
Liquid reserves46.2 mo
5 years on record · 2020–2025 · YoY revenue +8.5%
leadership · form 990 part vii · fy2025

Who runs it

board members · 7
  • ADAM PFEFER — DIRECTOR
  • CHRIS TUREK — DIRECTOR
  • CONOR KIERNAN — DIRECTOR
  • HANS BLEUEL — DIRECTOR
  • JEFFERY GERSON — DIRECTOR
  • JOHN BRENNAN — DIRECTOR
  • ZACHARY FRAYNE — CHAIRMAN/TREASURER
relationships · 5

Who they work with

  • AITEC Partner — Founded and supports the AITEC Gives Back Foundation as its charitable arm.
  • Alternative Investment Management Association Partner — Collaborates with AIMA to co-brand and promote the AITEC-AIMA Due Diligence Questionnaire.
  • Alternative Investment Management Association Partner — Partnered with AITEC in 2016 to rebrand and promote the AITEC-AIMA Due Diligence Questionnaire
  • Alternative Investment Management Association (AIMA) Partner — Collaborates with AIMA to co-develop and rebrand the due diligence questionnaire as the AITEC-AIMA Illustrative Questionnaire for the Due Diligence of Vendor Technology and Cyber Security.
  • Montclair Golf Club Partner — Host venue for the annual AITEC Gives Back Golf Classic.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.