Philanthropy, Voluntarism & Grantmaking Foundations
Ares Charitable Foundation
LOS ANGELES, CA
Total revenue
$13.9M
Total expenses
$13.3M
Net assets
—
Grants received
$9.1M
20 grants
EIN
843666714
Tax year
2024
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.
Programs
3 programs
.jobs for the future (jff). This initiative is designed to help individuals prepare for climate-resilient jobs in the united states as well as identify leading training providers, organizations, and best practices to design pathways to those career opportunities. This initiative is on track to facilitate education and training for 25,000 individuals.
World resources institute (wri): this initiative is designed to help build the resilience of india's micro, small, and medium enterprises in two states to future-proof their business models within a changing climate. This is a five-year initiative on track to provide education and training to 1,000 individuals in india.
Other grants
Financials
FY 2024
Revenue
Expenses
People
5 listed
MICHAEL AROUGHETI
PRESIDENT
—
1 hrs/wk
GREGORY MARGOLIES
TREASURER
—
1 hrs/wk
MICHAEL D WEINER
SECRETARY
—
1 hrs/wk
CAROLINE BLAKELY
DIRECTOR
—
1 hrs/wk
MICHELLE ARMSTRONG
PRESIDENT
—
1 hrs/wk
Grants received
Showing 20 of 20
Funded by
$9.1M from 9 funders · 20 grants · 2020–2024
$3.5M · 2 grants · 2022–2023
$3M · 3 grants · 2020–2023
$1.3M · 3 grants · 2020–2023
$500K · 1 grant · 2020
$410K · 4 grants · 2021–2023
$380K · 4 grants · 2021–2024
$15K · 1 grant · 2022
$10K · 1 grant · 2021