ARES CHARITABLE FOUNDATION
Data sourced from IRS 990 public filings
ARES CHARITABLE FOUNDATION 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.
Annual Revenue
$13,896,261
Known Funders
16
Grants Received
33
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $13,896,261 | $13,286,086 | $1,420,029 |
| 2023 | $10,703,593 | $13,620,769 | $3,316,227 |
| 2022 | $4,895,656 | $5,992,890 | $1,689,267 |
| 2021 | $4,941,400 | $3,097,621 | $1,939,560 |
| 2020 | $3,430,000 | $3,430,000 | $0 |
Top Funders
INDIANAPOLIS, IN
SHERMAN OAKS, CA
SHERMAN OAKS, CA
SHERMAN OAKS, CA
INDIANAPOLIS, IN
SHERMAN OAKS, CA
LOS ANGELES, CA
LOS ANGELES, CA
LOS ANGELES, CA
HANOVER, MD
Showing top 10 of 16 funders.
Key Personnel
From 2024 IRS 990 filing
MICHELLE ARMSTRONG
PRESIDENT
MICHAEL AROUGHETI
PRESIDENT
GREGORY MARGOLIES
TREASURER
MICHAEL D WEINER
SECRETARY
CAROLINE BLAKELY
DIRECTOR
Frequently Asked Questions
Other Nonprofits in California
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