AEC Trust
EIN 366725987About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $24,111,119. This amount represents 25% or more of the Foundation's net assets of $62,135,860 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | $1.7M | $36.0M | $4.2M | 84 |
| 2019 | N/A | $43.4M | $1.4M | N/A |
| 2020 | $2.8M | $48.8M | $3.8M | 143 |
| 2021 | $2.8M | $55.8M | $5.4M | 132 |
| 2022 | $2.8M | $42.6M | $5.3M | 137 |
| 2023 | $3.7M | $62.1M | $21.3M | 151 |
| 2024 | $24.1M | $46.1M | $12.9M | 142 |
Grant Size Distribution
Based on 789 grants on record
Geographic Distribution
Texas Counties Served
Top 3 counties
- 1 Galveston
- 2 Travis
- 3 Jefferson
Officers & Directors
Grants Awarded (789 total)
| Purpose | ||||
|---|---|---|---|---|
| The Homestead Foundation Inc | Atlanta, GA | $16,039,759 | expenditure responsibility grant | 2024 |
| Wagmore Foundation Inc | Portland, OR | $4,131,710 | expenditure responsibility grant | 2024 |
| Resource Central | Boulder, CO | $300,000 | Capital Improvements Fund to Build A Nationwide Model for reuse | 2021 |
| National Center for Civil and Human Rights Inc | Atlanta, GA | $250,000 | Building the Vision: National Center for Civil and Human Rights Expansion for capital program | 2023 |
| Dance Alive Inc | Gainesville, FL | $250,000 | Capital Campaign | 2024 |
| National Center for Civil and Human Rights Inc | Atlanta, GA | $250,000 | Building the Vision: National Center for Civil and Human Rights Expansion for Capital and Program | 2024 |
| National Center for Civil and Human Rights Inc | Atlanta, GA | $250,000 | Building the Vision: National Center for Civil and Human Rights Expansion for Capital and Program | 2022 |
| University of Florida Foundation Inc - Samuel P H | Gainesville, FL | $150,000 | Harn General Program to support exhibitions, educational programs, publications, and staff | 2018 |
| University of Florida Foundation Inc - Samuel P H | Gainesville, FL | $150,000 | Harn Museum of Art fund | 2020 |
| University of Florida Foundation Inc - Samuel P H | Gainesville, FL | $150,000 | Harn Museum of Art General Operating Support | 2021 |
| Valley Land Fund Incorporated | Amherst, MA | $150,000 | Valley Conservation Cemetery | 2021 |
| Dance Alive Inc | Gainesville, FL | $150,000 | Capital Campaign | 2023 |
| Florida Rising Together Inc | Miami, FL | $150,000 | General & Unrestricted | 2023 |
| Mass General Brigham Incorporated | Somerville, MA | $150,000 | Transforming Emergency Care: Campaign for the Cooley Dickinson hospital emergency department | 2023 |
| University of Florida Foundation Inc - Samuel P H | Gainesville, FL | $150,000 | Harn Museum of Art General Operating Support | 2023 |
| Mass General Brigham Incorporated | Somerville, MA | $150,000 | Transforming Emergency Care: Campaign for the Cooley Dickinson Hospital Emergency Department | 2024 |
| University of Florida | Gainesville, FL | $150,000 | Harn Museum of Art General Operating Support | 2024 |
| University of Florida Foundation Inc - Samuel P H | Gainesville, FL | $150,000 | Harn Museum of Art General Operating Support | 2022 |
| Valley Land Fund Incorporated | Amherst, MA | $125,000 | General & Unrestricted | 2021 |
| Fernbank Inc | Atlanta, GA | $100,000 | Pioneering the Nature Generation Initiative | 2018 |
| Kestrel Land Trust | Amherst, MA | $100,000 | Valley Land Conservation Fund to create a business plan and additional seed funding to purchase land for a... | 2020 |
| Audubon Society of Rhode Island | Smithfield, RI | $100,000 | Bird Initiative | 2021 |
| Stoneleigh-Burnham School | Greenfield, MA | $100,000 | Critical campus safety improvements fund | 2021 |
| University of Florida Foundation Inc | Gainesville, FL | $100,000 | Florida Museum of Natural History Expansion Project, Building and Renovation Fund | 2021 |
| Audubon Society of Rhode Island | Smithfield, RI | $100,000 | Nature Based Learning and Habitat fund | 2023 |