About Ayco Charitable Foundation
The Ayco Charitable Foundation concentrates its philanthropy on higher education and community-serving intermediaries while also sustaining a clear pattern of denominational church support. Grants are frequently routed through donor-advised/charitable funds and community foundations, and the foundation also makes direct multi-grant investments in universities, regional environmental protection, and military/veteran-related causes. Its portfolio mixes large, targeted gifts (including multi-year or repeat grants) with substantial contributions to intermediary vehicles that enable flexible, distributed giving.
Focus Areas
Major gifts to public and private universities and technical schools (e.g., Montana Tech, Virginia Tech, Cornell)Funding via donor-advised and charitable funds/community foundations (Goldman Sachs Philanthropy Fund, Fidelity, Schwab, local community foundations)Denominational and congregational religious support (United Methodist, Lutheran, Episcopal, Presbyterian congregations and bodies)Regional environmental conservation focused on watershed protection (e.g., Chesapeake Bay Foundation)Veteran/military support and first-responder charities (Association of Graduates, Special Operations Care Fund, emergency medical organizations)
About Ayco Charitable Foundation
A defining feature of The Ayco Charitable Foundation is its large, repeated support for intermediary vehicles that move money onward to many charities. In 2024, it made a $13,703,600 grant to Goldman Sachs Philanthropy Fund in New York and, in the same year, another $4,571,139 grant to Morgan Stanley Global Impact Funding Trust Inc in Indianapolis. That pattern sits alongside direct gifts to universities, religious bodies, and community-serving organizations, showing a portfolio that combines flexible pass-through grantmaking with targeted institutional support. Education is one of the clearest throughlines: Montana Technological University Foundation received $8,090,000 in 2024, while Virginia Tech Foundation Inc received $2,624,500 in 2023 and $1,772,000 in 2024. The foundation also supports denominational and congregational religious work, including Living Word Lutheran Church and the General Council of the United Methodist Church, and it has made sizable grants to arts, environmental, and veteran-related organizations. The overall picture is of a funder that uses both intermediary and direct channels to sustain a broad mix of higher education, faith-based, and community purposes.
What Ayco Charitable Foundation Funds
Education is a major part of the foundation’s portfolio. Montana Technological University Foundation received $8,090,000 in 2024, and Virginia Tech Foundation Inc received $2,624,500 in 2023 and $1,772,000 in 2024, pointing to sustained support for universities. Religious support is also visible in grants such as $3,410,803 to Living Word Lutheran Church and $1,935,604 to the General Council of the United Methodist Church, which shows attention to denominational institutions and congregations. The foundation also funds environmental work: Chesapeake Bay Foundation Inc received $1,754,300 in 2024 for watershed-related conservation. Arts and culture appear as well, with $1,320,500 to Lincoln Center for the Performing Arts Inc in New York. Across these areas, the grants are aimed at established organizations rather than individuals.
How Ayco Charitable Foundation Gives
Typical grants cluster in the mid-five-figure range, with a p25 of $10,000, median of $15,000, and p75 of $35,500. At the same time, the recent-grants list shows that the foundation also makes very large transfers to intermediary vehicles and universities, producing a wide spread between routine gifts and major commitments. Repeat recipients appear across years, including Virginia Tech Foundation Inc, Duke University, Carnegie Mellon University, Fidelity Investments Charitable Gift Fund, and the General Council of the United Methodist Church. The foundation is a regular funder, not a donor-advised fund, and it does not fund individuals or make program-related investments.
Financial Snapshot
Annual Giving
$1.3B
Total Assets
$0
Total Revenue
$111.1M
Total Expenses
$1.3B
Typical Grant Size
Most grants fall between $10K and $36K, with a median of $15K.
25th Percentile
$10K
Median
$15K
75th Percentile
$36K
Geographic Reach
National52 states funded
Funding intensity
LowHigh
Headquarters
Leadership
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