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ARES CHARITABLE FOUNDATION

EIN 84-3666714 LOS ANGELES, CA

Revenue 2024
$13,896,261
Expenses 2024
$13,286,086

Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
T12
Classification
1000
Street
1800 AVENUE OF THE STARS SUITE 140

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE GENERAL PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE: (A) TO ENGAGE IN CHARITABLE ACTIVITIES CONSISTENT WITH THE PHILANTHROPIC OBJECTIVES OF ARES MANAGEMENT AND ITS FOUNDERS AND EMPLOYEES, WITH A FOCUS ON EDUCATION, HEALTH CARE, ENVIRONMENTAL AND SOCIAL CONCERNS; (B) TO SOLICIT, RECEIVE, AND ACCEPT DONATIONS, GIFTS, BEQUESTS, GRANTS, INCOME AND OTHER THINGS OF VALUE; (C) TO ENGAGE IN GRANT-MAKING TO UNRELATED ORGANIZATIONS AND INSTITUTIONS FOR CHARITABLE PURPOSES WITH A FOCUS ON EDUCATION, HEALTH CARE, ENVIRONMENTAL AND SOCIAL CONCERNS; AND (D) TO ENGAGE, WHETHER ALONE OR IN CONJUNCTION WITH OTHERS, DIRECTLY OR INDIRECTLY, IN ANY OTHER LAWFUL ACT OR ACTIVITY FOR WHICH CORPORATIONS MAY BE ORGANIZED UNDER THE DGCL, AND BY VIRTUE OF SUCH STATEMENT ALL LAWFUL ACTS AND ACTIVITIES SHALL BE WITHIN THE PURPOSES OF THE CORPORATION, EXCEPT FOR EXPRESS LIMITATIONS, IF ANY.

Activities or mission (Part I)

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.

  • WE ENVISION A WORLD IN WHICH EQUITABLE ACCESS TO KNOWLEDGE, RESOURCES, AND OPPORTUNITIES ENABLES PEOPLE TO ACHIEVE THEIR FULL POTENTIAL. THE ARES CHARITABLE FOUNDATION STRIVES TO ACCELERATE EQUALITY OF ECONOMIC OPPORTUNITY THROUGH GRANTS THAT PROVIDE CAREER PREPARATION AND RESKILLING, ENCOURAGE ENTREPRENEURSHIP, AND SUPPORT CLIMATE-RESILIENT JOBS. OUR STRATEGIC GRANTMAKING HELPS ADDRESS CRITICAL SOCIETAL ISSUES TO MAKE A MEASURABLE, MEANINGFUL, AND SUSTAINED DIFFERENCE. OUR PARTNERSHIPS WITH SOME OF THE WORLD'S LEADING NONPROFITS STRIVE TO HELP CLOSE THE WIDENING WEALTH GAP A DISPARITY THAT OFTEN THREATENS BASIC HUMAN DIGNITY AND SURVIVAL. OUR 2024 GRANT-MAKING PROGRAMS INCLUDED THE FOLLOWING GRANTS AND INITIATIVES: ALT FINANCE CORPORATION. INVESTING IN BLACK FUTURES. THIS INITIATIVE IS DESIGNED TO DIVERSIFY THE ALTERNATIVE INVESTMENT INDUSTRY BY ATTRACTING, TRAINING, AND PROVIDING CAREER OPPORTUNITIES FOR COLLEGE STUDENTS ATTENDING HISTORICALLY BLACK COLLEGES AND UNIVERSITIES. THE INITIATIVE HAS THREE PRIMARY COMPONENTS: (1) A MENTORED FOLLOWSHIP PROGRAM; (2) A TAILORED VIRTUAL INSTITUTE, AND (3) A SCHOLARSHIP PROGRAM. DURING 2024, A TOTAL OF 133 COLLEGE STUDENTS PARTICIPATED IN THIS U.S. BASED PROGRAM

    Expenses $3,308,679 · Grants $3,000,000

  • .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.

    Expenses $4,832,014 · Grants $4,381,218

  • 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.

    Expenses $1,323,573 · Grants $1,200,092

  • OTHER GRANTS

    Expenses $2,921,785 · Grants $2,649,202

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Michael Arougheti

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Gregory Margolies

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Michael D Weiner

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Caroline Blakely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michelle Armstrong

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $13,896,261
    Expenses
    $13,286,086
    Contributions
    $13,896,517
    Grants paid
    $11,230,511
  • 2023
    Revenue
    $10,703,593
    Expenses
    $13,620,769
    Contributions
    $10,696,130
    Grants paid
    $12,092,316
  • 2022
    Revenue
    $4,895,656
    Expenses
    $5,992,890
    Contributions
    $4,896,009
    Grants paid
    $4,925,757

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $4,941,400
    Expenses
    $3,097,621
    Assets (EOY)
    $1,939,560

  • 2020 · 990

    Revenue
    $3,430,000
    Expenses
    $3,430,000
    Assets (EOY)
    $0

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2019

Tax period
1 January 2019 to 31 December 2019
Principal officer
Michael Weiner
Mailing address
2000 AVE OF THE STARS 12TH FLRLOS ANGELES CA 900674733

As filed, from the IRS e-Postcard file of 26 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

  • ALT FINANCE CORPORATION

    $4,500,000

    2023 SUPPORT PROGRAMS FOR STUDENTS AND GRADUATES OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES

  • JOBS FOR THE FUTURE

    $4,381,217

    2024 HELP INDIVIDUALS PREPARE FOR CLIMATE-RESILIENT JOBS IN THE U.S. AS WELL AS IDENTIFY LEADING TRAINING PROVIDERS, ORGANIZATIONS AND BEST PRACTICES TO DESIGN PATHWAYS TO THOSE CAREER OPPORTUNITIES.

  • JOBS FOR THE FUTURE

    $4,296,585

    2023 HELP INDIVIDUALS PREPARE FOR CLIMATE-RESILIENT JOBS IN THE U.S. AS WELL AS IDENTIFY LEADING TRAINING PROVIDERS, ORGANIZATIONS AND BEST PRACTICES TO DESIGN PATHWAYS TO THOSE CAREER OPPORTUNITIES.

  • ALT FINANCE CORPORATION

    $3,000,000

    2024 SUPPORT PROGRAMS FOR STUDENTS AND GRADUATES OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES.

  • JOBS FOR THE FUTURE

    $1,813,950

    2022 HELP INDIVIDUALS PREPARE FOR CLIMATE-RESILIENT JOBS IN THE U.S. AS WELL AS IDENTIFY LEADING TRAINING PROVIDERS, ORGANIZATIONS AND BEST PRACTICES TO DESIGN PATHWAYS TO THOSE CAREER OPPORTUNITIES.

  • ALT FINANCE CORPORATION

    $1,500,000

    2022 SUPPORT PROGRAMS FOR STUDENTS AND GRADUATES OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES

  • WORLD RESOURCES INSTITUTE

    $1,200,091

    2024 HELP BUILD THE RESILIENCE OF INDIA'S MICRO, SMALL AND MEDIUM ENTERPRISES ("MSMES") IN TWO STATES TO FUTURE-PROOF THEIR BUSINESS MODELS WITHIN A CHANGING CLIMATE.

  • WORLD RESOURCES INSTITUTE

    $1,033,783

    2023 HELP BUILD THE RESILIENCE OF INDIA'S MICRO, SMALL AND MEDIUM ENTERPRISES ("MSMES") IN TWO STATES TO FUTURE-PROOF THEIR BUSINESS MODELS WITHIN A CHANGING CLIMATE.

  • CHARLES EDWARD FOUNDATION DBA WORKINGNATION

    $500,000

    2024 HELP DESIGN AND FACILITATE A TOWN HALL IN ATLANTA, GEORGIA, WITH THOUGHT LEADERS, EXPERTS AND OPINION MAKERS TO DISCUSS HOW BEST TO ENSURE MORE EQUITABLE WORKFORCE OPPORTUNITIES FOR PEOPLE WITH DISABILITIES.

  • YEAR UP (EAST COAST)

    $464,754

    2023 HELP DESIGN AND PILOT AN EXPANSION METHODOLOGY THAT INCLUDES POPULATION SCOPING, PARTNER LANDSCAPING ANALYSIS, AND MARKET AND STAKEHOLDER MAPPING THROUGH MARKET DILIGENCE CONDUCTED IN DENVER, COLORADO, SO THAT THE ORGANIZATION CAN MORE STRATEGICALLY ASSESS THE VIABILITY OF SUCCESSFULLY ENTERING NEW REGIONS.

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.