Funder DirectoryALT FINANCE CORPORATION
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Grantmaking public charityEIN 863974526

ALT FINANCE CORPORATION

LOS ANGELES, CA 900674216

Total Assets

$14.1M

FY 2024

Annual Giving

$1.1M

FY 2024

Grants Made

6

FY 2024

Avg Grant

$190K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$3.8M

Altfinance fellowship program - this program services 118 students by providing them with training, mentorship, career coaching, and scholarships. The organization hosts five in-person workshops a year.

Program 2

$2.2M

Altfinance institute - the institute provides co-curricular learning opportunities to all interested hbcu students to increase awareness, support interest, and create pathways to alternative investment careers. Many of the institute ambassadors meet in person once a year.

Program 3

$97K

The lamplighter series is a regional salon initiative designed to connect altfinance's ecosystem of hbcu's, partner firms, and industry leaders while elevating awareness of altfinance's mission. Each event serves as an intimate, high-impact gathering to showcase advisory board members, engage lp's, and strengthen relationships across regions. These smaller, curated events are tailored to each location's community and alumni presence, featuring hbcu presidents, firm leaders, and other influential voices as speakers. The format encourages meaningful networking and thought leadership.

Focus Areas

Public & Societal Benefit

Financial Snapshot

2024 filing

Total Revenue

$9.5M

Total Expenses

$9.2M

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $3.2M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

18 grants

$750K
3 grants
$530K
3 grants
$500K
2 grants
MORGAN STATE UNIVERSITY
$500K
2 grants
NORTH CAROLINA A&T UNIVERSITY
$500K
2 grants

Grant Size Distribution

18 grants

<$10K
$10–50K
2
grants
$50–250K
10
grants
$250K–1M
5
grants
$1–5M
1
grants
$5M+

Geographic Focus

6 states

District of Columbia
$2.6M
41% of total
Georgia
$1.8M
28% of total
Florida
$500K
8% of total
Virginia
$500K
8% of total
Maryland
$500K
8% of total
North Carolina
$500K
8% of total

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ALT FINANCE CORPORATION — Grants, Financials & Contact | Grantivo