OVERVIEW: The Capital Groups Companies Charitable Foundation supports various disease-related organizations and causes across the country.
IP TAKE: This funder appears to offer general operating support grants more than project specific grants.
PROFILE: Established in 1997, the Capital Groups Companies Charitable Foundation is the philanthropic arm of Capital Groups Companies, a financial services organization. It claims to award more than 3,000 grants per year and has given away over $240 million over the past ten years. The foundation keeps a low public profile, does not have a webpage dedicated to its corporate giving, and does not employ a paid staff.
The company’s website briefly describes the foundation’s work as committed to the communities in which Capital Groups Companies operate and supporting environmental causes. While it does not name diseases as a main giving focus, the foundation gives widely to disease related organizations and causes in the United States. Capital Groups also awards grants to hospitals and healthcare institutions. According to tax filings, past grantees include the American Cancer Society and the Angelman Syndrome Foundation, as well as hospitals and healthcare organizations such as Cedars-Sinai Medical Center and Shriners Hospitals for Children.
The Capital Groups Companies’ grants generally range from $1,000 to $200,000. The foundation does not accept unsolicited grant applications or requests for funding at this time.
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Capital Group Companies Foundation
6455 Irvine Center Drive
Irvine, CA 92618