How much does Ares Charitable Foundation give?

Ares Charitable Foundation reported 11 itemized grants totaling $10,334,408, out of $11,230,511 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 10 organizations a year over FY2020 to FY2023.

What does Ares Charitable Foundation fund?

By grant dollars over FY2020 to FY2024, its largest causes are Employment (36%), Education (23%), Public Benefit (19%).

Who are Ares Charitable Foundation's largest grantees?

By total granted over FY2020 to FY2024: Alt Finance Corporation ($12M), Jobs for the Future Inc ($10M), World Resources Institute ($2.7M).

Does Ares Charitable Foundation fund new organizations?

In FY2023, 20% of the organizations it funded were first-time grantees.

Which funders back the same organizations as Ares Charitable Foundation?

Its strongest co-funders, measured against what their size predicts, include Silicon Valley Community Foundation, Morgan Stanley Global Impact Funding Trust Inc, Jpmorgan Chase Foundation.

Where is Ares Charitable Foundation based?

Ares Charitable Foundation is based in CA.

Foundation Dossiers Also receives grants: funding profile →

California · Public charity

Ares Charitable Foundation

The general purposes for which the corporation is formed are: (a) to engage in charitable activities consistent with the philanthropic objectives of ares management and its founders and employees, with a focus on education, health care, environmental and social concerns; (b) to solicit, receive, and accept donations, gifts, bequests,…

$11M
Granted FY2024(still arriving): 11
Itemized grants FY2024: 10
Organizations funded FY2023: 20%
First-time grantees FY2023

Read the full brief

Itemized, FY2024: $10M; The rest is grants the schedule does not break out
Median grant, FY2024: $248,782
Largest grant, FY2024: $4,381,217
Organizations funded a year: 1 to 10; FY2020 to FY2023
States reached, FY2024: 6
Total assets, FY2024: $1.4M

How open it is to new grantees

In FY2023, 20% of the organizations Ares Charitable Foundation funded were first-time grantees, receiving 6% of its grant dollars.

New vs renewed · share of each year

In FY2023, 94% of grant dollars renewed an existing relationship; $715k went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

EmploymentInternationalCommunity ImprovementEducationPublic BenefitHuman ServicesOther

How this is measured

First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

The numbers by year

Fiscal year	Organizations funded	To those organizations	First-time grantees
FY2024still arriving	11	$10M	55%
FY2023	10	$11M	20%
FY2022	10	$4.9M	90%
FY2021	1	$3.0M	100%
FY2020	9	$2.1M	n/a

100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Employment$12MEducation$7.3MPublic Benefit$6.1MInternational$3.7MHealth$1.5MCommunity Improvement$753kCivil Rights$700kSocial Science$382kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

Grantee	Total granted	Years	Share of their budget
Alt Finance Corporation	$12,000,000	4	50%
Jobs for the Future Inc	$10,491,752	3	5%
World Resources Institute	$2,690,196	3	0%
Edward Charles Foundation	$750,000	2	1%
Civic Ventures Dba Cogenerate	$700,000	2	7%
Ownership Works Inc	$600,000	3	3%
Path	$500,000	1	0%
Cedars-Sinai Medical Center	$500,000	1	0%
Year Up Inc	$464,754	1	0%
Top Honors Incorporated	$350,000	2	24%

Show all 26 grantees

All grantees of Ares Charitable Foundation by total granted
Grantee	Total granted	Years	Share of their budget
Alt Finance Corporation	$12,000,000	4	50%
Jobs for the Future Inc	$10,491,752	3	5%
World Resources Institute	$2,690,196	3	0%
Edward Charles Foundation	$750,000	2	1%
Civic Ventures Dba Cogenerate	$700,000	2	7%
Ownership Works Inc	$600,000	3	3%
Path	$500,000	1	0%
Cedars-Sinai Medical Center	$500,000	1	0%
Year Up Inc	$464,754	1	0%
Top Honors Incorporated	$350,000	2	24%
Northwell Health Foundation	$335,000	1	0%
Weill Medical College of Cornell Univers	$335,000	1	n/a
Icahn School of Medicine at Mount Sinai	$335,000	1	0%
The Urban Institute	$249,985	1	0%
Council for Economic Education	$248,782	1	4%
Cooperative for Assistance and Relief Everywhere Inc	$235,843	2	0%
Adara Development (Usa)	$225,000	1	11%
Strive International Inc	$150,000	2	1%
The Brookings Institution	$133,333	1	0%
Grove Collective Foundation	$102,800	1	11%
Aurora Women and Girls Foundation Inc	$93,200	1	10%
Pacific Community Ventures Inc	$50,000	1	1%
Toberman Neighborhood Center Inc	$25,000	1	1%
Partnership With Native Americans	$25,000	1	0%
United Way of Metropolitan Chicago Inc	$25,000	1	0%
Bowery Residents Committee Inc	$25,000	1	0%

Plus 1 recipient with no EIN on record ($213k), not named here.

Ares Charitable Foundation supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 25 largest grantees; load-bearing ones sit top left.

Tap a dot to name the grantee.

How this is measured

Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 25.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Silicon Valley Community FoundationCA11.6× affinity4 shared granteesties to 8 of 8Hover any node to trace its alignments.Compare side by side →

Open a dossier: Silicon Valley Community Foundation · Morgan Stanley Global Impact Funding Trust Inc · Jpmorgan Chase Foundation · National Philanthropic Trust · American Online Giving Foundation Inc · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile Foundation

How this is measured

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Ares Charitable Foundation with peer funders

About Ares Charitable Foundation

How much does Ares Charitable Foundation give?: Ares Charitable Foundation reported 11 itemized grants totaling $10,334,408, out of $11,230,511 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 10 organizations a year over FY2020 to FY2023.
What does Ares Charitable Foundation fund?: By grant dollars over FY2020 to FY2024, its largest causes are Employment (36%), Education (23%), Public Benefit (19%).
Who are Ares Charitable Foundation's largest grantees?: By total granted over FY2020 to FY2024: Alt Finance Corporation ($12M), Jobs for the Future Inc ($10M), World Resources Institute ($2.7M).
Does Ares Charitable Foundation fund new organizations?: In FY2023, 20% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Ares Charitable Foundation?: Its strongest co-funders, measured against what their size predicts, include Silicon Valley Community Foundation, Morgan Stanley Global Impact Funding Trust Inc, Jpmorgan Chase Foundation.
Where is Ares Charitable Foundation based?: Ares Charitable Foundation is based in CA.