The Ayco Charitable Foundation

Nonprofit profile at a glance

EIN
141782466
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-T 2025
Location
Cohoes, NY, USA
Phone
8003355353
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$111,086,243
Expenses
$1,312,953,254
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • KAREY DYE (PRESIDENT)
  • STEPHANIE JAQUEZ (VICE PRESIDENT)
  • BRIAN DESILVA (VICE PRESIDENT)
  • TIM CORSON (VICE PRESIDENT)

People named in this filing

  • DAVID GOLUB (DIRECTOR)
  • JOHN MASTRIANI (DIRECTOR)
  • MAE CAVOLI (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Encourage and promote philanthropy and charitable giving.

What it reported doing in 2025

The ayco charitable foundation ("acf") accomplishes its charitable purpose by receiving charitable contributions and making grants exclusively for religious, charitable, scientific, literary, or educational purposes, primarily to organizations described in section 170(b)(1)(a) of the internal revenue code of 1986 as amended (the "code"). The organization operates as a "sponsoring organization" within the meaning of code section 4966 and maintains donor advised funds. For the year ended june 30, 2025, the organization made approximately 2,400 grants totaling approximately $148,904,950 to charitable organizations.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 71
  • Accountability: 100
  • Sustainability: 12
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.9%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 85.9%; rating input score 86; 26th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1,081.9%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 97; 97th percentile among comparable filings

Growth

  • Program expense growth: 31.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 5th percentile among comparable filings
  • Asset growth: -7.2% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.9% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3B in reported program spending
  • Leadership: top reported pay $0 · 18 people listed
  • Highest-paid contractors: 2 contractors listed · $2.3M reported
  • Consistency: 23 of 25 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 6 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 2480 filed money-flow records
  • Related organizations: 2481 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.