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.
ARES CHARITABLE FOUNDATION has received 32 grants from 16 known foundation funders. Revenue increased from $10,703,593 in 2023 to $13,896,261 in 2024. Most recent reported revenue: $13,896,261.
Annual Revenue
$13,896,261
Known Funders
16
Grants Received
32
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
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