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Texas · Public charity

Finance of America Cares

Our mission is to strengthen our communities, enrich lives, and inspire caring.

$310k
Granted FY2024(still arriving)
10
Itemized grants FY2024
1
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$190k
The rest is grants the schedule does not break out
Median grant, FY2024
$25,000
Largest grant, FY2024
$25,000
Organizations funded a year
1 to 21
FY2018 to FY2023
States reached, FY2024
9
Total assets, FY2024
$428k

How open it is to new grantees

In FY2023, 100% of the organizations Finance of America Cares funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $71k went to new ones.

50%100%’19’20’22’23
RenewedFirst-time

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

’19’20’22’23
Human ServicesEducationArts & CultureHousing & ShelterPhilanthropyYouth DevelopmentOther
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 yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving10$190k90%
FY20231$71k100%
FY20221$8k100%
FY202021$155k90%
FY20192$25k50%
FY20181$12kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.

Human Services$129kHousing & Shelter$90kInternational$71kAnimals$43kFood & Nutrition$33kYouth Development$28kHealth$23kEducation$18kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
ID
NY
MA
OR
NV
OH
PA
NJ
CT
CA
CO
VA
MD
DE
AZ
DC
HI
OK
GA
TX

Top grantees

Largest recipients by total granted, FY2018 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 31 grantees

Plus 1 recipient with no EIN on record ($71k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Finance of America Cares supplied at peak.

25%50%75%100%$100k$1.0M$10Mgrantee revenue →↑ funder's share of their budgetHomes for Our Troops Inc: $44,500 over 3y, 0.1% of budgetTravis Manion Foundation: $25,000 over 1y, 0.2% of budgetYellow Ribbon Fund Inc: $25,000 over 1y, 0.9% of budgetAngels of America's Fallen: $25,000 over 1y, 1.9% of budgetRebuilding Together Inc: $25,000 over 1y, 0.2% of budgetMeals on Wheels America: $25,000 over 1y, 0.1% of budgetPets for the Elderly Foundation: $25,000 over 1y, 2.3% of budgetCanine Companions for Independence Inc: $17,500 over 2y, 0.0% of budgetThe Idea Project: $12,000 over 2y, 8.3% of budgetNational Veterans Legal Services Program Inc: $10,000 over 1y, 0.1% of budgetHire Heroes USA Inc: $10,000 over 1y, 0.1% of budgetHomecoming 250 Navy Marine Corps: $10,000 over 1y, 0.6% of budgetVeterans' Outreach: $8,000 over 1y, 0.4% of budgetElevate Phoenix: $7,500 over 1y, 0.3% of budgetFoundation for Women Warriors: $7,500 over 1y, 1.3% of budgetMeals on Wheels of Long Beach Inc: $7,500 over 1y, 0.6% of budgetElderhelp of San Diego: $7,500 over 1y, 0.5% of budgetOpen Hearth Inc: $7,500 over 1y, 0.4% of budgetMake-A-Wish Foundation of Greater Bay Area: $7,500 over 1y, 0.1% of budgetJoy in the Cause Company: $7,500 over 1y, 1.1% of budgetChildren's Cancer Association: $7,500 over 1y, 0.1% of budgetThe Home of the Brave Foundation: $7,500 over 1y, 1.0% of budgetPride of Quakertown: $7,500 over 1y, 19% of budgetRebuilding Together Southern Nevada: $6,500 over 1y, 0.4% of budgetThe Center For Empowerment And Education Inc: $6,250 over 1y, 0.2% of budgetBig Brothers Big Sisters Hawaii Inc: $6,250 over 1y, 0.4% of budgetCitizens Inn Inc: $6,250 over 1y, 0.1% of budgetDmf Youth Inc: $6,250 over 1y, 3.3% of budgetWyakin Warrior Foundation Inc: $6,250 over 1y, 0.9% of budget

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 29.

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.

Jpmorgan Chase FoundationNY11× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jpmorgan Chase Foundation · Charities Aid Foundation America · Enterprise Holdings Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · The Bank of America Charitable Foundation Inc · Verizon Foundation · The Blackbaud Giving Fund · Network for Good · National Philanthropic Trust · The Pfizer Foundation Inc · Renaissance Charitable Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc

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 Finance of America Cares with peer funders

About Finance of America Cares

How much does Finance of America Cares give?
Finance of America Cares reported 10 itemized grants totaling $190,000, out of $309,828 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 21 organizations a year over FY2018 to FY2023.
What does Finance of America Cares fund?
By grant dollars over FY2018 to FY2024, its largest causes are Human Services (28%), Housing & Shelter (19%), International (15%).
Who are Finance of America Cares's largest grantees?
By total granted over FY2018 to FY2024: Homes for Our Troops Inc ($45k), Travis Manion Foundation ($25k), Yellow Ribbon Fund Inc ($25k).
Does Finance of America Cares fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Finance of America Cares?
Its strongest co-funders, measured against what their size predicts, include Jpmorgan Chase Foundation, Charities Aid Foundation America, Enterprise Holdings Foundation.
Where is Finance of America Cares based?
Finance of America Cares is based in TX.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 32 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports $212k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2024, the most recent year this funder named its grantees.

Source object · view filing

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