OVERVIEW: The Capital Groups Companies Charitable Foundation supports colleges, universities, and post-secondary organizations across the United States.
IP TAKE: This funder appears to offer general operating support grants more often 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. Like its corporate sister, the foundation seeks to "deliver superior, long-term investment results and service." The foundation keeps a low public profile, does not maintain a website 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 supportive of environmental causes. In this regard, the foundation widely supports colleges and universities across the United States. Capital Groups also awards grants to higher education institution foundations such as the Michigan State University Foundation. According to tax filings, Capital Groups Charitable Foundation supports colleges and universities both large and small. For example, the University of California Los Angeles is a past grantee as is Depauw University.
Grant amounts vary widely, ranging from a low of just $100 to over $200,000. Most grants however, fall in the $1,000 to $20,000 range. 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