Capital Groups Companies Charitable Foundation: Grants for Higher Education

OVERVIEW: The Capital Groups Companies Charitable Foundation broadly funds colleges, universities, and post-secondary organizations across the United States, but does not name specific grantmaking priorities. .

IP TAKE: This funder appears to offer general operating support grants more than project specific grants. The foundation lacks transparency and does not maintain a public presence, which restricts available grantmaking information.

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.

The foundation widely supports colleges and universities across the United States. For example, according to tax filings, the organization supports the University of California Los Angeles, as well as DePauw University. Capital Groups funds higher education foundations such as the Michigan State University Foundation.

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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CONTACT:

Capital Group Companies Foundation

6455 Irvine Center Drive

Irvine, CA 92618

(949) 975-5000