Capital Group Companies Charitable Foundation
Preselected recipients only
Capital Group Companies Charitable Foundation is a private foundation in Irvine, California. In tax year 2024 it gave $48.5 million in 1 grant; the typical grant was $48.5 million and the largest $48.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$48.5 million
- Number of grants1
- Typical grant$48.5 million
- Largest grant$48.5 million
- Assets$485 million
- New grantees0%
Giving in 2024 was up from $25.8 million the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $25.8 million | 1 | $454 million |
| 2024 | $48.5 million | 1 | $485 million |
How to apply
Capital Group Companies Charitable Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
All of its grants went to recipients in Delaware.
| State | Grants | Amount |
|---|---|---|
| Delaware | 1 | $48.5 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation Inc | Program support | $48.5 million |
Officers and trustees
- Thomas J Condon
- Naomi H Kobayashi
- James B Lovelace
- Hilda Applbaum
- Jeffrey A Sterner
- Canise M Arredondo
Questions people ask
Does Capital Group Companies Charitable Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Capital Group Companies Charitable Foundation give?
$48.5 million in tax year 2024, across 1 grant, with a typical grant of $48.5 million.
Who runs Capital Group Companies Charitable Foundation?
Its 2024 filing lists Thomas J Condon (Chairman), Naomi H Kobayashi (Secretary), James B Lovelace (Director) and Hilda Applbaum (Director) among 6 officers and trustees.