Skip to content

North Carolina · Nonprofit

AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION

AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION (North Carolina) receives grants from 6 organizations whose IRS filings report $128,933 to it, the largest being ACCOUNTING EDUCATION FOUNDATION ($80,000). 3 of them have funded it in more than one year.

Revenue FY2024
$1.6M
Funders on record
6
Grants received
$129k
Net assets
$8.3M
3/6 repeat funderspeak grant-dependency 2%
01What it does

What American Institute of Certified Public Accountants Foundation does

Mission

To advance the science of accountancy and to develop and improve accountancy education through programs focusing on cultural diversity in the accounting profession, ethical business behavior and financial literacy, among other programs.

As stated on its FY2024 Form 990.

Program

  1. Accounting education support and research: the aicpa foundation provides accounting financial education and career support through scholarships and fellowships for top undergraduate, graduate, and doctoral accounting students, reimburses fees associated with the cpa exam, and offers workshops that enhance students' professional skills and understanding of the cpa licensure process. The foundation concentrates program funding for scholarships and fellowships to individuals on a cpa pathway who demonstrate financial need, plan to pursue cpa licensure, have college credits in accounting, or are current cpas pursing accounting doctoral studies. During 2024 the foundation provided assistance to a total of 340 recipients through its scholarship, fellowship and education outreach programs. Aicpa foundation legacy scholarships are designed to support the next generation of cpas by providing financial assistance and professional development opportunities to undergraduate and graduate students. These scholarships help alleviate the financial burden of higher education, allowing talented individuals to focus on their studies and pursue their cpa licensure. Aicpa foundation legacy…

    $1,584,814 spentof which $1,315,739 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,584,814.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($2.2M) Expenses 100 ($1.8M) Net assets 100 ($13M)2018 Revenue 57 ($1.3M) Expenses 109 ($2.0M) Net assets 90 ($12M)2019 Revenue 60 ($1.3M) Expenses 112 ($2.0M) Net assets 93 ($13M)2020 Revenue 62 ($1.4M) Expenses 117 ($2.1M) Net assets 95 ($13M)2021 Revenue 65 ($1.4M) Expenses 187 ($3.4M) Net assets 87 ($12M)2022 Revenue 54 ($1.2M) Expenses 137 ($2.5M) Net assets 61 ($8.2M)2023 Revenue 63 ($1.4M) Expenses 125 ($2.3M) Net assets 61 ($8.2M)2024 Revenue 73 ($1.6M) Expenses 112 ($2.0M) Net assets 62 ($8.3M)
'17'18'19'20'21'22'23'24
Revenue (73)Expenses (112)Net assets (62)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $13M to $8.9M (−34%).

$14M
$12M
$13M
$13M
$13M
$8.9M
$8.8M
$8.7M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

$381k
’17
−$742k
’18
−$726k
’19
−$776k
’20
−$2.0M
’21
−$1.3M
’22
−$879k
’23
−$428k
’24
3.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed1318172016201816
Joined·+5+4+6+2+6+5+2
No longer listed·0536274
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $10k.

4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.9M from 2 payers (the payer shares this organization's board, largest American Institute of Certified Public Accountants). These are real filings, and they are not money AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION raised.

From the IRS filings of AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION leans on a few funders — its largest provides 62% of grant income and the top three 86%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION.

62%
largest funder
86%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 67% · 2019 67% · 2020 100% · 2021 99% · 2022 60% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION draws 100% of its grant income from funders outside North Carolina, across 2 states in all.

TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $34k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 17%Fundraising 6%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

61%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

NY
NC

Part of a family of 8 related entities

  • Accounting Research Association · exempt
  • Aicpa · exempt
  • Aicpa Benevolent Fund · exempt
  • American Institute of Certified Public Accountants PAC · exempt
  • Institute for Accounting Professionals in the Americas · exempt

Screen this organization

A dated, signed PDF of the compliance screen for AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION?
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION (North Carolina) receives grants from 6 organizations whose IRS filings report $128,933 to it, the largest being ACCOUNTING EDUCATION FOUNDATION ($80,000). 3 of them have funded it in more than one year.
How many funders does AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION have?
IRS filings report 6 organizations giving $128,933 in grants to AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION?
ACCOUNTING EDUCATION FOUNDATION is the largest funder on record, with $80,000 in grants. The full list of funders is on this page.
How can an organization like AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing