THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL FOUNDATION

EIN 27-5024342 · Research Institutes & Public Policy Analysis (I05)

What they do

THE ACTEC FOUNDATION PROMOTES SCHOLARSHIP and EDUCATION IN TRUST, ESTATE, TAX, and RELATED AREAS of THE LAW BY SUPPORTING SCHOLARSHIP to IMPROVE THE LAW and BY ENCOURAGING TEACHING, CAREERS and LIFE-LONG LEARNING IN THE AREA. THE FOUNDATION ALSO ENCOURAGES CIVIC ENGAGEMENT of INDIVIDUAL FELLOWS of THE AMERICAN COLLEGE of TRUST and ESTATE COUNSEL THROUGH PROGRAMS and ACTIVITIES THAT SERVE THE GENERAL COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

45.39%of revenue went to mission work64.3% of expenses · Program services

$70.58spent for every $100 of revenueRevenue covered expenses this year.

25.19%of revenue went to management and office costs35.7% of expenses

$11.22in assets for every $1 spent this yearSome assets cannot be spent right away.

49.9%of its money came from giftsOther money may come from services or investments.

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What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$363,418

Mission workProgram services$164,97245.39% of revenue64.3% of expenses

ManagementOffice and general costs$91,53825.19% of revenue35.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$106,90929.42% of revenueShown in gray on the chart

Total expenses$256,50970.58% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 64.3% mission · 35.7% management · 0.0% fundraisingTotal expenses: 70.58% of revenue

2023Expense mix: 66.1% mission · 33.9% management · 0.0% fundraisingTotal expenses: 75.29% of revenue

2022Expense mix: 64.5% mission · 35.5% management · 0.0% fundraisingTotal expenses: 91.73% of revenue

2021Expense mix: 58.0% mission · 42.0% management · 0.0% fundraisingTotal expenses: 52.60% of revenue

2020Expense mix: 52.6% mission · 47.4% management · 0.0% fundraisingTotal expenses: 34.45% of revenue

2019Expense mix: 52.2% mission · 47.8% management · 0.0% fundraisingTotal expenses: 92.59% of revenue

2018Expense mix: 71.2% mission · 28.8% management · 0.0% fundraisingTotal expenses: 100.12% of revenue

2017Expense mix: 51.9% mission · 47.0% management · 1.1% fundraisingTotal expenses: 55.22% of revenue

Money in and money out

Revenue$363,418

Expenses$256,509

Annual surplus $106,909 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$164,972 · 64.3% of expenses

Management and office costs$91,538 · 35.7% of expenses

See all reported dollar amounts

Revenue$363,418

Expenses$256,509

Assets$2,877,656

Income$1,171,017

Contributions$181,401

Mission work (program services)$164,972

Grants given$524,376

Average grant$22,799

Management and general$91,538

Stocks and bonds$2,396,637

Accounting fees$21,084

Investing fees$27,294

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (32)

JOSHUA E HUSBANDSDIRECTOR (FROM MAR 25)

WILLIAM P LAPIANADIRECTOR

W CAMERON MCCULLOCHDIRECTOR

TODD A FLUBACHERDIRECTOR

T RANDOLPH HARRISTREASURER

STEPHANIE PERRYDIRECTOR

SHANNON G GUTHRIEDIRECTOR

S GRAY EDMONDSONDIRECTOR (FROM MAR 25)

ROBERT KIRKLANDCO-CHAIR, FUNDRAISING CTE

PETER S GORDONDIRECTOR (TO MAR 25)

MICHELE A W MCKINNONDIRECTOR (TO MAR 25)

MICHAELLE D RAFFERTYDIRECTOR (FROM MAR 25)

LORA G DAVISVICE PRESIDENT, CHAIR, GRANT CTE

KENDIS KEY MUSCHEIDSECRETARY

KEITH BRADOC GALLANTDIRECTOR (TO MAR 25)

JUDY Y LEEDIRECTOR

AKANE R SUZUKIDIRECTOR (FROM MAR 25)

JOHN T ROGERS JRPRESIDENT

JEANNE L NEWLONDIRECTOR

HUGH MAGILLDIRECTOR

FARHAD AGHDAMIDIRECTOR (FROM MAR 25)

DEBORAH O MCKINNONEXECUTIVE DIRECTOR

DAVID F EDWARDSCO-CHAIR, FUNDRAISING CTE (TO MAR 25)

CYNTHIA G LAMAR-HARTDIRECTOR

CHRISTOPHER R HOYTDIRECTOR (TO MAR 25)

CHASITY GRICEDIRECTOR

CHARLES IAN NASHDIRECTOR

BRUCE S ROSSDIRECTOR

BRAD BEDINGFIELDDIRECTOR

BENETTA Y PARKDIRECTOR

ANITA J SIEGELDIRECTOR

ALAN F ROTHSCHILD JRDIRECTOR

About this charity

Recognized since: January 2011
Location: 901 15TH ST NW STE 525, WASHINGTON, DC 20005-2348
County: District of Columbia
In care of: T RANDOLPH HARRIS
Primary officer: T RANDOLPH HARRIS, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(202) 684-8460

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: JOHNSON LAMBERT LLP
NTEE classification: Research Institutes & Public Policy Analysis (I05)
IRS tax category: Research Institutes & Public Policy Analysis
Grant-giving organization: Yes