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Virginia · Public charity

Horatio Alger Assn of Distinguished Americans Inc

The primary exempt purpose of the association is two fold: (1) to provide scholarship assistance to help promising high school students (who fit the horatio alger profile) attend college, and (2) to spread the message that america's free enterprise system provides the greatest opportunities in the world for personal achievement and…

$8.7M
Granted FY2023
2
Itemized grants FY2023
2
Organizations funded FY2023
50%
First-time grantees FY2023
Read the full brief
Itemized, FY2023
$111k
The rest is grants the schedule does not break out
Median grant, FY2023
$100,000
Largest grant, FY2023
$100,000
Organizations funded a year
2 to 8
FY2017 to FY2023
States reached, FY2023
2
Total assets, FY2023
$40M

How open it is to new grantees

In FY2023, 50% of the organizations Horatio Alger Assn of Distinguished Americans Inc funded were first-time grantees, receiving 90% of its grant dollars.

New vs renewed · share of each year

In FY2023, 10% of grant dollars renewed an existing relationship; $100k went to new ones.

50%100%’18’20’21’22’23
RenewedFirst-time

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

’18’20’21’22’23
EducationCivil RightsArts & CultureOther
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
FY20232$111k50%
FY20222$373k50%
FY20212$300k50%
FY20204$288k25%
FY20186$711k33%
FY20178$3.1Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.

Arts & Culture$3.0MEducation$1.6MPublic Benefit$250k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MN
NY
MA
WY
PA
CA
NE
MO
VA
NC
DC
LA

Top grantees

Largest recipients by total granted, FY2017 to FY2023, and the share of each one’s budget the grants supplied at peak.

Show all 14 grantees
All grantees of Horatio Alger Assn of Distinguished Americans Inc by total granted
GranteeTotal grantedYearsShare of their budget
The National World War II Museum Inc$2,920,00033%
Jobredi Foundation$585,000110%
Metropolitan Community College Foundation$348,82933%
Foster's Outriders Foundation$250,000162%
Mortel High Hopes for Haiti Foundation$200,000515%
Making Waves Foundation Inc Aka Making Waves Education Foundation$161,00010%
The Scholarship Foundation of St Louis$125,00012%
Herbie Hancock Institute of Jazz$100,00013%
Randolph-Macon Academy$92,24250%
University of Minnesota Foundation$65,00030%
University of North Carolina at Wilmington - College of Health & Human Serv$46,6283n/a
College Foundation Inc$5,47510%
Bristol Community College Foundation Inc$5,00010%
Juilliard School$5,00010%

Where it is load-bearing

Horatio Alger Assn of Distinguished Americans Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 13 largest grantees; load-bearing ones sit top left.

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetThe National World War II Museum Inc: $2,920,000 over 3y, 3.2% of budgetJobredi Foundation: $585,000 over 1y, 10% of budgetMetropolitan Community College Foundation: $348,829 over 3y, 2.8% of budgetFoster's Outriders Foundation: $250,000 over 1y, 62% of budgetMortel High Hopes for Haiti Foundation: $200,000 over 5y, 15% of budgetMaking Waves Foundation Inc Aka Making Waves Education Foundation: $161,000 over 1y, 0.5% of budgetThe Scholarship Foundation of St Louis: $125,000 over 1y, 1.7% of budgetHerbie Hancock Institute of Jazz: $100,000 over 1y, 2.8% of budgetRandolph-Macon Academy: $92,242 over 5y, 0.2% of budgetUniversity of Minnesota Foundation: $65,000 over 3y, 0.0% of budgetCollege Foundation Inc: $5,475 over 1y, 0.0% of budgetBristol Community College Foundation Inc: $5,000 over 1y, 0.1% of budgetJuilliard School: $5,000 over 1y, 0.0% 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 13.

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.

American Endowment FoundationOH9.6× affinity5 shared granteesties to 6 of 6Hover any node to trace its alignments.Compare side by side →

Open a dossier: American Endowment Foundation · Morgan Stanley Global Impact Funding Trust Inc · National Philanthropic Trust · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · 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 Horatio Alger Assn of Distinguished Americans Inc with peer funders

About Horatio Alger Assn of Distinguished Americans Inc

How much does Horatio Alger Assn of Distinguished Americans Inc give?
Horatio Alger Assn of Distinguished Americans Inc reported 2 itemized grants totaling $110,689, out of $8,683,754 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 2 and 8 organizations a year over FY2017 to FY2023.
What does Horatio Alger Assn of Distinguished Americans Inc fund?
By grant dollars over FY2017 to FY2023, its largest causes are Arts & Culture (62%), Education (33%), Public Benefit (5%).
Who are Horatio Alger Assn of Distinguished Americans Inc's largest grantees?
By total granted over FY2017 to FY2023: The National World War II Museum Inc ($2.9M), Jobredi Foundation ($585k), Metropolitan Community College Foundation ($349k).
Does Horatio Alger Assn of Distinguished Americans Inc fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Horatio Alger Assn of Distinguished Americans Inc?
Its strongest co-funders, measured against what their size predicts, include American Endowment Foundation, Morgan Stanley Global Impact Funding Trust Inc, National Philanthropic Trust.
Where is Horatio Alger Assn of Distinguished Americans Inc based?
Horatio Alger Assn of Distinguished Americans Inc is based in VA.

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 14 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 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports $12M 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 FY2023, the most recent year this funder named its grantees.

Source object · view filing

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