The Equitable Foundation concentrates its philanthropy on postsecondary scholarship support, funding a single national intermediary to deliver branded “Equitable Excellence” awards that expand college access. Its giving is highly focused and programmatic, channeling substantial resources to scholarship distribution rather than a broad portfolio of education programs.
Highly concentrated: a small number of large, repeat grants to one national grantee (Scholarship America) focused on administering a named scholarship program.
Equitable Foundation Inc’s most distinctive funding pattern is a large, recurring scholarship partnership with Scholarship America, anchored by annual Equitable Excellence awards for high school students. That relationship appears across multiple years, including $1,750,000 in 2025, $1,250,000 in 2024, and $561,335 in 2023, showing a sustained channel for college access rather than one-off support. The foundation also pairs that scholarship work with broader community giving through national intermediaries and local nonprofits tied to education, career readiness, and community well-being. Other major grants show how the foundation spreads its support across education and resilience-oriented causes. It has funded the American Red Cross repeatedly, and it also gives meaningful general contributions to organizations such as DonorsChoose, Thurgood Marshall College Fund, Year Up, and community-based partners in multiple cities. The grant list suggests a funder that combines programmatic scholarship distribution with employee-linked community grants and a steady stream of general support to aligned nonprofits. Across the file, the pattern is national in scope but highly structured, with a strong emphasis on students, schools, and equity-focused educational pathways.
A central part of Equitable Foundation Inc’s giving is college access through scholarship administration. In 2025, it gave $1,750,000 to Scholarship America for Equitable Excellence 2024 Scholarship Awards, continuing a multi-year relationship built around scholarship delivery. The foundation also supports disaster preparedness and response. It awarded $300,000 in 2025 to the American Red Cross, following $250,000 grants in both 2024 and 2023. Career readiness appears as another repeated theme. In 2025, Year Up received $157,800, while Thurgood Marshall College Fund received $239,393 the same year. Equitable Foundation Inc also gave $107,436 to Carolina Youth Coalition in Charlotte, extending its education and opportunity focus through community-based partners.
Typical grants are small relative to the foundation’s largest awards: p25 is $150, median is $450, and p75 is $1,000. That distribution points to many modest grants, alongside a smaller number of large programmatic awards. The recent record also shows repeat funding over multiple years, especially for Scholarship America, the American Red Cross, Year Up, and United Way of Central Carolinas. Equitable Foundation Inc is a regular funder, not a DAF, and it also funds individuals through its scholarship program. The file includes both unsolicited scholarship support and relationship-based community and volunteer-linked grants; several volunteer-grant programs are marked as not accepting unsolicited requests.
$6.2M
$112.4M
$9M
$7.5M
Most grants fall between $150 and $1K, with a median of $450.
25th Percentile
$150
Median
$450
75th Percentile
$1K
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Notable grantees: Scholarship America
Equitable Foundation Inc gives nationally, and every grant in the country distribution goes to US recipients. New York is the top state by grant count, with 18% of grants going to recipients there. Recent grants also reach Saint Peter, MN; Washington, DC; Charlotte, NC; Boston, MA; Bethesda, MD; Dawsonville, GA; and Syracuse, NY. The grant list shows a concentration in major East Coast and Southern metro areas, but no single city dominates the file.
Its clearest recurring focus is postsecondary scholarship support through Equitable Excellence awards administered by Scholarship America. The recent grants file also shows education, career readiness, K-12 educator support, healthy communities, and disaster relief as active grantmaking areas.
Yes. The foundation’s scholarship program awards renewable scholarships to high school seniors across the country, and the data flags that it funds individuals. The scholarship program is also tied to leadership, financial wellness, mental wellness, and mentoring support.
The grant-size distribution is small for most awards: p25 is $150, median is $450, and p75 is $1,000. At the same time, the foundation also makes much larger programmatic grants, especially through its scholarship and disaster-response partnerships.
New York is the top state by grant count, with 18% of grants going to recipients there. The foundation gives nationally, and recent recipients also include organizations in Charlotte, Washington, DC, Saint Peter, Boston, Bethesda, Dawsonville, and Syracuse.
Some programs accept unsolicited applications, including the Equitable Excellence Scholarship®. Other grant programs in the file are relationship-based, including several volunteer-linked and partnership grants that are marked as not accepting unsolicited requests.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Current and upcoming funding from Equitable Foundation that your nonprofit may be able to apply for.
Who can apply: Available for charitable contributions made by eligible employees and financial professionals; can support branch-related community projects.
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Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| SCHOLARSHIP AMERICA | SAINT PETER, MN | $1,750,000 | 2025 | EQUITABLE EXCELLENCE 2024 SCHOLARSHIP AWARDS |
| AMERICAN RED CROSS | WASHINGTON, DC | $300,000 | 2025 | GENERAL CONTRIBUTION |
| THURGOOD MARSHALL COLLEGE FUND | WASHINGTON, DC | $239,393 | 2025 | GENERAL CONTRIBUTION |
| BLUMENTHAL PERFORMING ARTS CENTER | CHARLOTTE, NC | $200,000 | 2025 | GENERAL CONTRIBUTION |
| YEAR UP | BOSTON, MA | $157,800 | 2025 | GENERAL CONTRIBUTION |
| E4E RELIEF | CHARLOTTE, NC | $150,000 | 2025 | GENERAL CONTRIBUTION |
| CMS FOUNDATION | CHARLOTTE, NC | $125,000 | 2025 | GENERAL CONTRIBUTION |
| CAROLINA YOUTH COALITION | CHARLOTTE, NC | $107,436 | 2025 | GENERAL CONTRIBUTION |
| UNITED WAY OF CENTRAL CAROLINAS INC | CHARLOTTE, NC | $100,000 | 2025 | GENERAL CONTRIBUTION |
| ON POINT FOR COLLEGE | SYRACSE, NY | $95,892 | 2025 | GENERAL CONTRIBUTION |
| UNITED WAY OF CENTRAL NEW YORK INC | SYRACUSE, NY | $78,800 | 2025 | GENERAL CONTRIBUTION |
| NCAN | WASHINGTON, DC | $75,000 | 2025 | GENERAL CONTRIBUTION |
| SCHOLARSHIP AMERICA | SAINT PETER, MN | $65,000 | 2025 | EQUITABLE FAMILY 2024 SCHOLARSHIP AWARDS |
| KABOOM | BETHESDA, MD | $63,272 | 2025 | GENERAL CONTRIBUTION |
| COUNCIL OF CHIEF STATE SCHOOL OFFICERS | WASHINGTON, DC | $61,881 | 2025 | GENERAL CONTRIBUTION |
| NC DEPARTMENT OF STATE TREASURER | RALEIGH, NC | $55,000 | 2025 | GENERAL CONTRIBUTION |
| TEACH FOR AMERICA NORTH CAROLINA | NEW YORK, NC | $50,000 | 2025 | GENERAL CONTRIBUTION |
| BLUEPRINT15 | SYRACUSE, NY | $50,000 | 2025 | GENERAL CONTRIBUTION |
| HABITAT FOR HUMANITY NC | RALEIGH, NC | $50,000 | 2025 | GENERAL CONTRIBUTION |
| GENONE | CHARLOTTE, NC | $40,500 | 2025 | GENERAL CONTRIBUTION |
| ROAD2HIRE | FT MILL, SC | $40,000 | 2025 | GENERAL CONTRIBUTION |
| URBANPROMISE CHARLOTTE | CHARLOTTE, NC | $30,000 | 2025 | GENERAL CONTRIBUTION |
| CENTRAL NEW YORK COMMUNITY FOUNDATION | SYRACUSE, NY | $30,000 | 2025 | GENERAL CONTRIBUTION |
| SXSW | AUSTIN, TX | $27,950 | 2025 | GENERAL CONTRIBUTION |
| AUTISM SOCIETY - NORTHWESTERN PENNSYLVANIA | ERIE, PA | $25,700 | 2025 | GENERAL CONTRIBUTION |
| HABITAT FOR HUMANITY SYRACUSE | SYRACUSE, NY | $25,000 | 2025 | GENERAL CONTRIBUTION |
| NATIONAL NETWORK STATE TEACHERS OF THE YEAR | WICHITA, KS | $25,000 | 2025 | GENERAL CONTRIBUTION |
| NY CARES | NEW YORK, NY | $25,000 | 2025 | GENERAL CONTRIBUTION |
| HEART MATH TUTORING | CHARLOTTE, NC | $25,000 | 2025 | GENERAL CONTRIBUTION |
| MONMOUTH UNIVERSITY | WEST LONG BRANCH, NJ | $22,000 | 2025 | GENERAL CONTRIBUTION |
| LE MOYNE COLLEGE (ERIE21) | SYRACUSE, NY | $20,000 | 2025 | GENERAL CONTRIBUTION |
| COMMUNITY BUILDING INITIATIVE | CHARLOTTE, NC | $20,000 | 2025 | GENERAL CONTRIBUTION |
| CHARLOTTE SPORTS FOUNDATION | CHARLOTTE, NC | $20,000 | 2025 | GENERAL CONTRIBUTION |
| SADD INC | WASHINGTON, DC | $20,000 | 2025 | GENERAL CONTRIBUTION |
| SHARE CHARLOTTE | CHARLOTTE, NC | $20,000 | 2025 | GENERAL CONTRIBUTION |
| WAKEED PARTNERSHIP | RALEIGH, NC | $17,500 | 2025 | GENERAL CONTRIBUTION |
| UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE | CHARLOTTE, NC | $16,093 | 2025 | GENERAL CONTRIBUTION |
| OPEN ARMS OF MINNESOTA | RICHFIELD, MN | $15,000 | 2025 | GENERAL CONTRIBUTION |
| ST GREGORY THE GREAT | WILLIAMSVILLE, NY | $14,000 | 2025 | GENERAL CONTRIBUTION |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY HEADQUARTERS | DENVER, CO | $13,891 | 2025 | GENERAL CONTRIBUTION |
| ASSOCIATION OF CORPORATE CITIZENSHIP PROFESSIONALS (ACCP) | ORLANDO, FL | $12,790 | 2025 | GENERAL CONTRIBUTION |
| NJ LEEP | NEWARK, NJ | $12,118 | 2025 | GENERAL CONTRIBUTION |
| POINTS OF LIGHT | ATLANTA, GA | $11,500 | 2025 | GENERAL CONTRIBUTION |
| SAMARITANS PURSE | BOONE, NC | $10,388 | 2025 | GENERAL CONTRIBUTION |
| CHARLOTTE BALLET | CHARLOTTE, NC | $10,000 | 2025 | GENERAL CONTRIBUTION |
| MODERN WIDOWS CLUB | WINTER PARK, FL | $10,000 | 2025 | GENERAL CONTRIBUTION |
| DC PUBLIC EDUCATION FUND | WASHINGTON, DC | $10,000 | 2025 | GENERAL CONTRIBUTION |
| MAKE OUR SCHOOLS SAFE | PARKLAND, FL | $10,000 | 2025 | GENERAL CONTRIBUTION |
| CORNELIA DE LANGE SYNDROME FOUNDATION INC | AVON, CT | $9,020 | 2025 | GENERAL CONTRIBUTION |
| AMERICAN RED CROSS | NEW YORK, NY | $8,162 | 2025 | GENERAL CONTRIBUTION |
SCHOLARSHIP AMERICA
$1,750,000EQUITABLE EXCELLENCE 2024 SCHOLARSHIP AWARDS
AMERICAN RED CROSS
$300,000GENERAL CONTRIBUTION
BLUMENTHAL PERFORMING ARTS CENTER
$200,000GENERAL CONTRIBUTION
GENERAL CONTRIBUTION
UNITED WAY OF CENTRAL CAROLINAS INC
$100,000GENERAL CONTRIBUTION
SCHOLARSHIP AMERICA
$65,000EQUITABLE FAMILY 2024 SCHOLARSHIP AWARDS
NC DEPARTMENT OF STATE TREASURER
$55,000GENERAL CONTRIBUTION
TEACH FOR AMERICA NORTH CAROLINA
$50,000GENERAL CONTRIBUTION
HABITAT FOR HUMANITY NC
$50,000GENERAL CONTRIBUTION
SXSW
$27,950GENERAL CONTRIBUTION
AUTISM SOCIETY - NORTHWESTERN PENNSYLVANIA
$25,700GENERAL CONTRIBUTION
HABITAT FOR HUMANITY SYRACUSE
$25,000GENERAL CONTRIBUTION
NATIONAL NETWORK STATE TEACHERS OF THE YEAR
$25,000GENERAL CONTRIBUTION
NY CARES
$25,000GENERAL CONTRIBUTION
LE MOYNE COLLEGE (ERIE21)
$20,000GENERAL CONTRIBUTION
SADD INC
$20,000GENERAL CONTRIBUTION
SHARE CHARLOTTE
$20,000GENERAL CONTRIBUTION
WAKEED PARTNERSHIP
$17,500GENERAL CONTRIBUTION
UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE
$16,093GENERAL CONTRIBUTION
OPEN ARMS OF MINNESOTA
$15,000GENERAL CONTRIBUTION
ST GREGORY THE GREAT
$14,000GENERAL CONTRIBUTION
ASSOCIATION OF CORPORATE CITIZENSHIP PROFESSIONALS (ACCP)
$12,790GENERAL CONTRIBUTION
POINTS OF LIGHT
$11,500GENERAL CONTRIBUTION
MODERN WIDOWS CLUB
$10,000GENERAL CONTRIBUTION
CORNELIA DE LANGE SYNDROME FOUNDATION INC
$9,020GENERAL CONTRIBUTION
AMERICAN RED CROSS
$8,162GENERAL CONTRIBUTION