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American Indian College Fund

CharityWatch report issued
June 2018

Top-Rated Charity
B+
CharityWatch Grade
Our independent grade based
on a number of factors.
 
74%
Program Percentage
Amount spent on programs
relative to overhead.
 
$24
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

American Indian College Fund
8333 Greenwood Blvd
Denver, CO 80221

Other Names

None

Tax Status

501(c)3

Stated Mission

Transforms Indian higher education by funding and creating awareness of the unique, community-based accredited tribal colleges and universities, offering students access to knowledge, skills and cultural values which enhance their communities and the country as a whole.

View similar charities
Data based on Fiscal Year Ended 06/30/2017

Program Percentage: 74%

The percentage of American Indian College Fund's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$24,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $24

How many dollars American Indian College Fund spends on fundraising to raise each $100 of contributions.

$21,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
American Indian College Fund IRS Form 990 52-1573446
American Indian College Fund Audited Financial Statements 52-1573446
Entity: American Indian College Fund
Document Type: IRS Form 990
Tax ID: 52-1573446
Entity: American Indian College Fund
Document Type: Audited Financial Statements
Tax ID: 52-1573446

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
American Indian College Fund
meets governance benchmarks.
 
American Indian College Fund
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

  Name Title Compensation
1 Cheryl Crazy Bull President/CEO $297,398
2 Tamela A. Miller-Carlson CFO $188,090
3 Nancy Jo Houk Chief Marketing & Development Officer $161,823
1
Name: Cheryl Crazy Bull
Title: President/CEO
Compensation: $297,398
2
Name: Tamela A. Miller-Carlson
Title: CFO
Compensation: $188,090
3
Name: Nancy Jo Houk
Title: Chief Marketing & Development Officer
Compensation: $161,823

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
According to the American Indian College Fund audit of June 30, 2017 (Note 1, Donated Services and In-Kind Contributions), during fiscal 2017, the College Fund "received donated television and radio air time and magazine and newspaper print space" on which it placed an "estimated value" of $3,538,316.

In addition, the College Fund reports receiving donated works of art during fiscal 2017 on which it placed a value of $48,000 (IRS Form 990, Schedule M).

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]
According to the American Indian College Fund audit of June 30, 2017 (Note 9, Related Party Transactions):

"Certain members of our Board of Trustees also serve as tribal college presidents. Those colleges are eligible, along with all other tribal colleges, to receive scholarship and other direct funding awards from the College Fund. Typically awards are distributed on an objective or equal basis among all the tribal colleges. During 2017, approximately $3 million was distributed to tribal colleges whose presidents also serve as Trustees for the College Fund.

"During the year ending June 30, 2017, we purchased services totaling $65,000 from family members of key employees. Additionally, a member of our Board of Trustees is an executive of a company from which we purchased approximately $400,000 of advertising, social media, and consulting services."


According to the American Indian College Fund tax filing for the fiscal year ending June 30, 2017, the related party involved in the $400,000 transaction cited above is Vladimir Jones. The relationship between Jones and the Organization is reported as "entity owned more than 35% by a Board member" (IRS Form 990, Schedule L, Parts IV & V).
According to the American Indian College Fund tax filing for the fiscal year ending June 30, 2017 re: Supplemental Information, Compensation:

"The Organization annually reviews the performance of its employees to determine if additional compensation in the form of bonuses will be paid. During fiscal year ending June 30, 2017, the Organization awarded the President/Chief Executive Officer, Treasurer/Chief Financial Officer, Secretary/Executive Assistant to the President, Vice President Program Initiatives, and the Chief Marketing and Development Officer a bonus based on review of their performances and services to the Organization" (IRS Form 990, Schedule J, Part III).


The College Fund reported $25,000, $6,455, and $1,389 as the "Bonuses & incentive compensation" amounts paid to the President/Chief Executive Officer, Treasurer/Chief Financial Officer, and Chief Marketing & Development Officer, respectively. Their reported total compensation amounts, including bonus, for calendar year 2016 were $297,398, $188,090, and $161,823, respectively (IRS Form 990, Schedule J, Part II). The bonus amounts paid to the Secretary/Executive Assistant to the President and Vice President Program Initiatives, also cited above, were not reported by the College Fund on IRS Form 990, Schedule J, Part II.

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