From public IRS filings
ARES CHARITABLE FOUNDATION
LOS ANGELES, CA · Philanthropy & Voluntarism
Mission
ARES FOUNDATION'S MISSION IS TO HELP ACCELERATE ECONOMIC EQUITY AND EQUALITY BY SUPPORTING NONPROFITS AND INITIATIVES THAT PROVIDE CAREER PREPARATION AND RESKILLING, ENCOURAGE ENTREPRENEURSHIP AND DEEPEN INDIVIDUALS' UNDERSTANDING OF PERSONAL FINANCE.
Financials (IRS Form 990)
Total revenue
$13.9M
Total expenses
$13.3M
Total assets
$1.4M
Program expense ratio
93%
Source: IRS Form 990, tax year 2024.
Who funds ARES CHARITABLE FOUNDATION
$8.2M in foundation grants on record from 8 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Morgan Stanley Global Impact Funding Trust | $3.6M | 2 |
| Resslergertz Foundation | $3M | 3 |
| Allison & Bennett Rosenthal Charitable Foundation | $750K | 2 |
| American Online Giving Foundation | $465K | 5 |
| Fidelity Investments Charitable Gift Fund | $402K | 4 |
| National Philanthropic Trust | $35K | 2 |
| Blackbaud Giving Fund | $25K | 2 |
| Jackson Family Foundation | $1K | 1 |
Leadership
MICHAEL WEINER — SECRETARY (Principal officer)
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