Philanthropy, Voluntarism, and Grantmaking

ASFIP FOUNDATION INC

Atlanta, GA

Mission

To provide life-long learning and development in financial and investment knowledge in order to contribute to the stability and success of individuals and families in our community

Ruling Year

2016

President

Stephen Davenport

Main Address

4279 Roswell Rd Suite 208, #296

Atlanta, GA 30342 USA

Keywords

Financial Literacy Education

EIN

47-5514105

 Number

4844310792

Cause Area (NTEE Code)

Private Independent Foundations (T22)

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

Consumer Protection and Safety (W90)

IRS Filing Requirement

This organization is required to file an IRS Form 990-N.

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Social Media

Programs + Results

What we aim to solve

ASFIP Foundation works to expand financial education and literacy to improve the Atlanta community.

Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

Financial Literacy Programs

Where we work

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have they accomplished so far and what's next?

To provide life-long learning and development in financial and investment knowledge in order to contribute to the stability and success of individuals and families in our community

Meet with students at local colleges
Develop online content for consumption by the Atlanta community
Support local financial literacy charities with financing and volunteer hours
Create content that members could use for non student groups

ASFIP has over 1500 members with an average of 20 years industry experience. We have about 50 members who are contributing time and money for the Foundation. We have contributed $25,000 to various charities in our first two years. We have accumulated over $100,000 in resources to help fund future initiatives. We have built out resources on LinkedIn, Twitter and YouTube to assist the community.

Increased usage of our website and social media will indicate an interest in our message and materials. Attendance at our college events will expose us to more potential beneficiaries.
Increased support from members will allow for wider distribution of our resources.
Higher percentages of participation in retirement savings, and emergency funds among the community.

We have gotten the resources in place to impact 3 local colleges (i.e. Kennesaw State, Georgia State, Clark Atlanta). We have had fundraising success as industry participants agree that there is a great need. There are a core group of members who are committed for long term (3-5 years). Community realizes that we may be a good resource to provide this education.

We have not gotten a high enough level of participation (i.e. 10-20%). We need to get more marketing in place for our sessions to be in higher demand. We could use support from institutions and government.

External Reviews

Financials

ASFIP FOUNDATION INC

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  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2016
  • A Pro report is also available for this organization.

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Operations

The people, governance practices, and partners that make the organization tick.

Need more info?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2018, 2017 and 2016
  • A Pro report is also available for this organization.

See what's included

Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

No

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

No

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

No

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

No

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

No