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Nonprofit · EIN 45-2028199

AFRICA COLLEGE FUND

Tax-exempt · FAIRFIELD, IA 52556

Financials

$470K$329K2023$646K$796K2024$1.6M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of AFRICA COLLEGE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,648,090$1,216,420$431,670$533,317$0$533,317
December 31, 2024990$646,337$795,627-$149,290$101,647$0$101,647
December 31, 2023990$470,376$329,098$141,278$250,937$0$250,937
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,647,879
Program service revenue
$0
Investment income
$211
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,215,664
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,216,420

Balance sheet and other

Total assets, start of year
$101,647
Total assets, end of year
$533,317
Total liabilities, end of year
$0
Net assets, end of year
$533,317
Net assets without donor restrictions
$533,317
Gross receipts
$1,648,090
Employees
0
Volunteers
3
Year formed
2011
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Adam Paul BlecherPresident and Founder
Trustee or director, Officer
10$0
Heather HartnettSecretary
Trustee or director
1$0
Anne Marie BlecherVice President
Trustee or director, Officer
3$0
Keith WegmanTreasurer
Trustee or director
1$0
Rod Peter FalkAdministrator
Trustee or director, Officer
10$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Adam Paul BlecherPresident and Founder
Trustee or director, Officer
10$0
Heather HartnettSecretary
Trustee or director
1$0
Anne Marie BlecherVice President
Trustee or director, Officer
3$0
Keith WegmanTreasurer
Trustee or director
1$0
Rod Peter FalkAdministrator
Trustee or director, Officer
10$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Adam Paul BlecherPresident and Founder
Trustee or director, Officer
10$0
Heather HartnettSecretary
Trustee or director
1$0
Anne Marie BlecherVice President
Trustee or director, Officer
3$0
Keith WegmanTreasurer
Trustee or director
1$0
Rod Peter FalkAdministrator
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
2004 RADIANCE CIR, FAIRFIELD, IA 52556-4801
In care of
% ROD FALK
Mailing address (990-N for 2014)
2004 Radiance Circle, Fairfield IA 52556
Principal officer (990 for 2025)
Adam Paul Blecher, 2004 Radiance Circle, Fairfield, IA 52556
Principal officer (990-N for 2014)
Adam Paul Blecher, 2004 Radiance Circle, Fairfield IA 52556
Signed the 990
Adam Blecher, President
Phone
(641) 472-2069

Mission

AFRICA COLLEGE FUND is dedicated to empowering disadvantaged youth with tools for success including education and entrepreneurship opportunities. This results in eradication of poverty through provision of quality, effective, consciousness-based University and vocational education.

990 for the year ended December 31, 2025

Program accomplishments

  • Grants to Maharishi Education for Invincibility Trust - MEIT - in South Africa, to give unemployed youth a full package of support: Degrees through Maharishi International University, Fairfield, Iowa and places them into jobs part-time while they are studying, and permanent jobs in SA on graduation. MEIT has a 90 percent graduate job placement rate, and over 90 percent of graduates have maintained employment beyond the first year of employment. This is amongst the highest success rates in the country of South Africa. The grant funding assisted with the educational costs in entirety of youth for a full year of University education, and related costs. MEIT has got to a point of being 85 percent self-funding, including a program called 'learn and earn' 'pay it forward'. This is in line with Africa College Fund's mission of supporting non-profit, tax-exempt organisations that have a focus on creating financial sustainability, to ensure long term success. Grants also include scholarship support for girls in the Maharishi Invincibility School of Management, as well as establishing the organisation with a new University college in Zimbabwe, and establishing a sister grant making organisation in the UK.
    Expenses $1,070,619
  • Payments to Maharishi International University, Fairfield, Iowa, USA, to fund the USA tuition fees for distance education UniversityDegree programs on behalf of African students based in South Africa, that are studying through Maharishi Education for Invincibility Trust (MEIT) in a '2+2' program. This means the historically disadvantaged youth involved do their first 2-years of study in South Africa, and their second two-years of study are via distance education with Maharishi University of Management, broadcast from the United States to South Africa. The program is working highly effectively, and as cited above 90% of graduates have gained employment in quality graduate level positions in companies in South Africa.
    Expenses $145,045
  • Bank charges
    Expenses $756

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-2028199
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$533,317
Income (IRS master file)
$1,648,090

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,648,090$1,216,420$533,317XML
990December 2024$646,337$795,627$101,647XML
990December 2023$470,376$329,098$250,937XML
990-EZDecember 2022–––IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2014
Officer: Adam Paul Blecher
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2028199).

Questions about AFRICA COLLEGE FUND

What is the EIN of AFRICA COLLEGE FUND?
The employer identification number (EIN) of AFRICA COLLEGE FUND is 45-2028199.
Is AFRICA COLLEGE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to AFRICA COLLEGE FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFRICA COLLEGE FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AFRICA COLLEGE FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFRICA COLLEGE FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of AFRICA COLLEGE FUND?
The 990 for the year ended December 31, 2025 names Adam Paul Blecher.
Who are the officers and directors of AFRICA COLLEGE FUND?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does AFRICA COLLEGE FUND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,648,090, expenses of $1,216,420 and total assets of $533,317 at year end.

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