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AMERICAN EXPRESS FOUNDATION
NEW YORK, NY · EIN 136123529 · Form 990PF · FY2024 · Medium ($1M-$10M)
revenue
$1.4M
expenses
$341K
net assets
$48.9M
employees
—
profile · synthesized from sources

The American Express Foundation is a corporate foundation that supports charitable initiatives aligned with American Express's corporate social responsibility goals. It funds programs in workforce development, disaster relief, financial literacy, and environmental sustainability through grants to nonprofit organizations. The foundation focuses on both domestic and international impact, with grant recipients including major national and global nonprofits.

named programs · 9 · from sources

What they call their work

Amex Give2Gether Float Funding
Matching gift program enabling employee donations to be matched and distributed to charities via the American Online Giving Foundation
Amex Leadership Academies
Leadership development program supporting nonprofit leaders through training and capacity-building initiatives
Building Better Futures Program
Initiative supporting education and career development for underserved students through UNCF
Career Paths for Youth Overcoming Homelessness
Employment readiness and career development program for homeless youth served by Covenant House
Designated Disaster Relief Fund
Disaster response funding managed by the American Red Cross for emergency relief efforts
Nonprofit Incubator & COVID Vaccination Initiative
Support for Hispanic-serving nonprofits and community-based vaccination outreach
Shaping a Resilient and Confident Financial Future
Financial literacy and youth empowerment program in partnership with Junior Achievement
Trash Free Seas, Resilient Communities
Ocean conservation and coastal resilience initiative led by Ocean Conservancy
Workforce Integration for Newcomers (WIN) 2.0
Program supporting employment and workforce development for refugees and immigrants
activities · 7 groups

What they do

  • Flexible Grants to Grassroots Organizations 2 activities
    • Funding Career Paths for Youth Overcoming Homelessness
      Finances Career Paths for Youth Overcoming Homelessness through a grant to Covenant House.
    • Funding Shaping a Resilient and Confident Financial Future program
      Provides funding for the Shaping a Resilient and Confident Financial Future program through a grant to JA Worldwide Inc.
  • Charitable Grantmaking to Specific Causes 2 activities
    • Funding Designated Disaster Relief Fund
      Finances the Designated Disaster Relief Fund through a grant to American National Red Cross.
    • Funding Nonprofit Incubator & COVID Vaccination Initiative
      Supports the Nonprofit Incubator & COVID Vaccination Initiative through a grant to Hispanic Federation Inc.
  • Workplace and Affiliate Giving Programs 1 activity
    • Funding 2024 Amex Give2gether float initiative
      Finances the 2024 Amex Give2gether float funding initiative through multiple grants to American Online Giving Foundation Inc.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding American Express Leadership Academies program
      Funds the American Express Leadership Academies program through grants to Common Purpose Charitable Trust.
  • Environmental Conservation Grantmaking 1 activity
    • Funding Trash Free Seas, Resilient Communities program
      Provides funding for the Trash Free Seas, Resilient Communities program through a grant to Ocean Conservancy Inc.
  • Refugee and Immigrant Resettlement Services 1 activity
    • Funding Workforce Integration for Newcomers (WIN) 2.0 program
      Supports the Workforce Integration for Newcomers (WIN) 2.0 program through a grant to International Rescue Committee Inc.
  • Uncategorized 1 activity
    • Funding American Express Building Better Futures program
      Supports the American Express Building Better Futures program through a grant to United Negro College Fund Inc.
financials · form 990PF · fy2024
revenue
Total revenue$1.39M
Contributions & grants$250K18%
Program service revenue——
Investment income$1.14M82%
Other revenue—
expenses
Total expenses$341K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$23.15M
balance sheet
Total assets$48.91M
Cash—
Investments—
Liabilities—
Net assets$48.91M
4 years on record · 2020–2024 · YoY revenue -97.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • CHRISTOPHE Y LE CAILLEC — CHIEF FINANCIAL OFFICER AND TRUSTEE
  • JENNIFER SKYLER — CHAIR AND TRUSTEE
  • LAUREEN SEEGER — TRUSTEE
  • MADHULIKA THOMAS — PRESIDENT AND TRUSTEE
  • STEPHEN J SQUERI — TRUSTEE
relationships · 9

Who they work with

  • AMERICAN NATIONAL RED CROSS Partner — Receives funding for the Designated Disaster Relief Fund.
  • AMERICAN ONLINE GIVING FOUNDATION INC Partner — Receives funding for the 2024 Amex Give2gether float funding initiative.
  • COMMON PURPOSE CHARITABLE TRUST Partner — Receives funding for the American Express Leadership Academies program.
  • COVENANT HOUSE Partner — Receives funding for the Career Paths for Youth Overcoming Homelessness program.
  • HISPANIC FEDERATION INC Partner — Receives funding for the Nonprofit Incubator & COVID Vaccination Initiative.
  • INTERNATIONAL RESCUE COMMITTEE INC Partner — Receives funding for the Workforce Integration for Newcomers (WIN) 2.0 program.
  • JA WORLDWIDE INC Partner — Receives funding for the Shaping a Resilient and Confident Financial Future program.
  • OCEAN CONSERVANCY INC Partner — Receives funding for the Trash Free Seas, Resilient Communities program.
  • UNITED NEGRO COLLEGE FUND INC Partner — Receives funding for the American Express Building Better Futures program.