Illinois · Nonprofit
The AED Foundation Inc
The AED Foundation Inc (Illinois) receives grants from 7 organizations whose IRS filings report $538,050 to it, the largest being Berry Foundation Inc ($274,500). 4 of them have funded it in more than one year.
- Revenue FY2024
- $3.2M
- Funders on record
- 7
- Grants received
- $538k
- Net assets
- $11M
What The AED Foundation Inc does
Mission
The AED Foundation enhances the success of AED member companies by encouraging continuous learning, providing educational opportunities for today's employees and improving the quantity and quality of available employees for the future.
As stated on its FY2024 Form 990.
Programs
The aed foundation provided management level educational seminars and webinars for industry employees to improve their professional skills and leadership abilities in areas including sales, rental, customer management, finance, parts, service, product support, human resources and branch management. Independent study program - the independent study program is a function of professional education and is a means of educating managers without requiring them to leave the office or home. Seventeen available course modules offer industry-specific management education in people management and skills, sales & customer management, and the functional areas of: parts, service, finance and rental.
$279,546 spent$470,632 earned by the program27% of program spendingImage building - image building is a function of workforce development and includes the aedcareers.com student recruitment website, recruitment tools offered to dealers on aedworkforce.com, and inter-organizational coalitions geared toward increasing awareness and interest in construction related careers. Team formation & support - team formation & support is also a function of workforce development and includes aed accreditation of post-secondary college academic programs in equipment technology, recognition of other post-secondary technical programs via the aed recognized <state> education alliance program, aed recognition of high school technical programs, and promoting local dealer engagement in local workforce development initiatives. These programs are services and do not generate income to the foundation, except in the cases of school accreditation and the education alliance, where a nominal application fee is required to help defray administrative costs. The foundation continues to stress the importance of workforce development projects, increasing the visibiltiy of industry related careers through two websites: aedworkforce.com and aedcareers.com. Technician job…
$755,746 spentof which $31,711 as grants$287,073 earned by the program73% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,035,292.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $6.9M to $9.7M (+40%).
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.
Government-grant reliance: 2021 4%. Grants only. Government contracts and fees sit inside program revenue.
61% of The AED Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $8k → $158k.
4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% 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: $1.3M from one payer (the payer shares this organization's board, largest Associated Equipment Distributors). These are real filings, and they are not money The AED Foundation Inc raised.
From the IRS filings of The AED Foundation Inc’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
The AED Foundation Inc leans on a few funders — its largest provides 51% of grant income and the top three 76%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
37% 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 The AED Foundation Inc.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 67% · 2020 100% · 2021 100% · 2022 61% · 2023 71% — diversifying over time.
“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
The AED Foundation Inc draws 100% of its grant income from funders outside Illinois, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $198k 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.
Against its field
The AED Foundation Inc runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like The AED Foundation Inc
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
56% of spending goes to programs.
Governance
Public support
91%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Associated Equipment Distributors · exempt
Screen this organization
A dated, signed PDF of the compliance screen for The AED Foundation Inc: 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.
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 The AED Foundation Inc?
- The AED Foundation Inc (Illinois) receives grants from 7 organizations whose IRS filings report $538,050 to it, the largest being Berry Foundation Inc ($274,500). 4 of them have funded it in more than one year.
- How many funders does The AED Foundation Inc have?
- IRS filings report 7 organizations giving $538,050 in grants to The AED Foundation Inc, 4 of which have funded it in more than one year.
- Who is the largest funder of The AED Foundation Inc?
- Berry Foundation Inc is the largest funder on record, with $274,500 in grants. The full list of funders is on this page.
- How can an organization like The AED Foundation Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds AED →
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 7 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