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Employer Identification Number 27-2480291

HORATIO ALGER ENDOWMENT FUND is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:HORATIO ALGER ENDOWMENT FUND
Employer identification number (EIN):27-2480291
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationVirgninia, VA

Organization Overview

Mission StatementTHE PURPOSE OF THE FUND IS TO PROMOTE EDUCATIONAL AND CHARITABLE PURPOSES, AND IN PARTICULAR TO RECEIVE, HOLD, INVEST AND DISTRIBUTE FUNDS TO THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. (THE "ASSOCIATION") FOR THE BENEFIT OF THE ASSOCIATION'S EXISTING AND FUTURE PROGRAMS.
Number of Employees4
Number of Volunteers6
Year Formed2010

Organization Governance

Legal DomicileVA
Voting Members - Governing Body6
Voting Members - Independent6

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 31,805,315
Investment Income from current yearUSD $ 20,014,701
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 335,155,173
Net assets / fund balances at end of fiscal yearUSD $ 307,407,261
Net assets / fund balances at beginning of fiscal yearUSD $ 322,925,481
Total liabilities at end of fiscal yearUSD $ 449,732
Total liabilities at beginning of fiscal yearUSD $ 25,529
Total assets at end of fiscal yearUSD $ 307,856,993
Total assets at beginning of fiscal yearUSD $ 322,951,010
Revenues less expenses for current yearUSD $ 34,386,152
Revenues less expenses for previous yearUSD $ 49,919,302
Total expenses for current yearUSD $ 7,017,611
Total expenses for previous yearUSD $ 8,352,050
Other expenses in current yearUSD $ 2,553,386
Other expenses in previous yearUSD $ 727,087
Total fundraising expenses in current yearUSD $ 574,460
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 636,492
Employee salary and benefits paid in previous yearUSD $ 421,263
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 3,827,733
Grants and similar amounts paid in previous yearUSD $ 7,203,700
Total revenue in current fiscal yearUSD $ 41,403,763
Total revenue in previous fiscal yearUSD $ 58,271,352
Contributions and grants from current yearUSD $ 21,389,062
Contributions and grants from previous yearUSD $ 26,466,037
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 9,237,898
Investment Income from current yearUSD $ 31,805,315
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 333,219,372
Net assets / fund balances at end of fiscal yearUSD $ 322,925,481
Net assets / fund balances at beginning of fiscal yearUSD $ 274,458,119
Total liabilities at end of fiscal yearUSD $ 25,529
Total liabilities at beginning of fiscal yearUSD $ 23,250
Total assets at end of fiscal yearUSD $ 322,951,010
Total assets at beginning of fiscal yearUSD $ 274,481,369
Revenues less expenses for current yearUSD $ 49,919,302
Revenues less expenses for previous yearUSD $ 7,896,392
Total expenses for current yearUSD $ 8,352,050
Total expenses for previous yearUSD $ 8,944,491
Other expenses in current yearUSD $ 727,087
Other expenses in previous yearUSD $ 798,328
Total fundraising expenses in current yearUSD $ 301,364
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 421,263
Employee salary and benefits paid in previous yearUSD $ 393,780
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 7,203,700
Grants and similar amounts paid in previous yearUSD $ 7,752,383
Total revenue in current fiscal yearUSD $ 58,271,352
Total revenue in previous fiscal yearUSD $ 16,840,883
Contributions and grants from current yearUSD $ 26,466,037
Contributions and grants from previous yearUSD $ 7,602,985
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 19,293,038
Investment Income from current yearUSD $ 9,237,898
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 189,658,700
Net assets / fund balances at end of fiscal yearUSD $ 274,458,119
Net assets / fund balances at beginning of fiscal yearUSD $ 251,276,774
Total liabilities at end of fiscal yearUSD $ 23,250
Total liabilities at beginning of fiscal yearUSD $ 297,306
Total assets at end of fiscal yearUSD $ 274,481,369
Total assets at beginning of fiscal yearUSD $ 251,574,080
Revenues less expenses for current yearUSD $ 7,896,392
Revenues less expenses for previous yearUSD $ 15,825,910
Total expenses for current yearUSD $ 8,944,491
Total expenses for previous yearUSD $ 11,348,007
Other expenses in current yearUSD $ 798,328
Other expenses in previous yearUSD $ 2,566,565
Total fundraising expenses in current yearUSD $ 298,411
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 393,780
Employee salary and benefits paid in previous yearUSD $ 322,149
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 7,752,383
Grants and similar amounts paid in previous yearUSD $ 8,459,293
Total revenue in current fiscal yearUSD $ 16,840,883
Total revenue in previous fiscal yearUSD $ 27,173,917
Contributions and grants from current yearUSD $ 7,602,985
Contributions and grants from previous yearUSD $ 7,880,879
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 8,915,410
Investment Income from current yearUSD $ 19,293,038
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 428,810,378
Net assets / fund balances at end of fiscal yearUSD $ 251,276,774
Net assets / fund balances at beginning of fiscal yearUSD $ 221,417,811
Total liabilities at end of fiscal yearUSD $ 297,306
Total liabilities at beginning of fiscal yearUSD $ 123,101
Total assets at end of fiscal yearUSD $ 251,574,080
Total assets at beginning of fiscal yearUSD $ 221,540,912
Revenues less expenses for current yearUSD $ 15,825,910
Revenues less expenses for previous yearUSD $ 12,234,622
Total expenses for current yearUSD $ 11,348,007
Total expenses for previous yearUSD $ 8,665,226
Other expenses in current yearUSD $ 2,566,565
Other expenses in previous yearUSD $ 2,868,705
Total fundraising expenses in current yearUSD $ 229,558
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 322,149
Employee salary and benefits paid in previous yearUSD $ 394,866
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 8,459,293
Grants and similar amounts paid in previous yearUSD $ 5,401,655
Total revenue in current fiscal yearUSD $ 27,173,917
Total revenue in previous fiscal yearUSD $ 20,899,848
Contributions and grants from current yearUSD $ 7,880,879
Contributions and grants from previous yearUSD $ 11,984,438
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 14,082,183
Investment Income from current yearUSD $ 8,915,410
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 39,143,641
Net assets / fund balances at end of fiscal yearUSD $ 221,417,811
Net assets / fund balances at beginning of fiscal yearUSD $ 233,360,622
Total liabilities at end of fiscal yearUSD $ 123,101
Total liabilities at beginning of fiscal yearUSD $ 342,830
Total assets at end of fiscal yearUSD $ 221,540,912
Total assets at beginning of fiscal yearUSD $ 233,703,452
Revenues less expenses for current yearUSD $ 12,234,622
Revenues less expenses for previous yearUSD $ 30,886,500
Total expenses for current yearUSD $ 8,665,226
Total expenses for previous yearUSD $ 12,501,783
Other expenses in current yearUSD $ 2,868,705
Other expenses in previous yearUSD $ 2,793,819
Total fundraising expenses in current yearUSD $ 361,109
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 394,866
Employee salary and benefits paid in previous yearUSD $ 349,750
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 5,401,655
Grants and similar amounts paid in previous yearUSD $ 9,358,214
Total revenue in current fiscal yearUSD $ 20,899,848
Total revenue in previous fiscal yearUSD $ 43,388,283
Contributions and grants from current yearUSD $ 11,984,438
Contributions and grants from previous yearUSD $ 29,306,100
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 6,138,979
Investment Income from current yearUSD $ 14,082,183
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 217,190,450
Net assets / fund balances at end of fiscal yearUSD $ 233,360,622
Net assets / fund balances at beginning of fiscal yearUSD $ 186,440,140
Total liabilities at end of fiscal yearUSD $ 342,830
Total liabilities at beginning of fiscal yearUSD $ 43,368
Total assets at end of fiscal yearUSD $ 233,703,452
Total assets at beginning of fiscal yearUSD $ 186,483,508
Revenues less expenses for current yearUSD $ 30,886,500
Revenues less expenses for previous yearUSD $ 6,185,747
Total expenses for current yearUSD $ 12,501,783
Total expenses for previous yearUSD $ 7,820,524
Other expenses in current yearUSD $ 2,793,819
Other expenses in previous yearUSD $ 2,429,455
Total fundraising expenses in current yearUSD $ 381,773
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 349,750
Employee salary and benefits paid in previous yearUSD $ 405,428
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 9,358,214
Grants and similar amounts paid in previous yearUSD $ 4,985,641
Total revenue in current fiscal yearUSD $ 43,388,283
Total revenue in previous fiscal yearUSD $ 14,006,271
Contributions and grants from current yearUSD $ 29,306,100
Contributions and grants from previous yearUSD $ 7,867,292
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 4,814,589
Investment Income from current yearUSD $ 6,138,979
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 131,847,421
Net assets / fund balances at end of fiscal yearUSD $ 186,440,140
Net assets / fund balances at beginning of fiscal yearUSD $ 170,913,166
Total liabilities at end of fiscal yearUSD $ 43,368
Total liabilities at beginning of fiscal yearUSD $ 1,888,795
Total assets at end of fiscal yearUSD $ 186,483,508
Total assets at beginning of fiscal yearUSD $ 172,801,961
Revenues less expenses for current yearUSD $ 6,185,747
Revenues less expenses for previous yearUSD $ 27,114,549
Total expenses for current yearUSD $ 7,820,524
Total expenses for previous yearUSD $ 9,260,321
Other expenses in current yearUSD $ 2,429,455
Other expenses in previous yearUSD $ 5,810,826
Total fundraising expenses in current yearUSD $ 471,008
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 405,428
Employee salary and benefits paid in previous yearUSD $ 350,995
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 4,985,641
Grants and similar amounts paid in previous yearUSD $ 3,098,500
Total revenue in current fiscal yearUSD $ 14,006,271
Total revenue in previous fiscal yearUSD $ 36,374,870
Contributions and grants from current yearUSD $ 7,867,292
Contributions and grants from previous yearUSD $ 31,560,281
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 10,490,643
Investment Income from current yearUSD $ 4,814,589
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 121,116,229
Net assets / fund balances at end of fiscal yearUSD $ 170,913,166
Net assets / fund balances at beginning of fiscal yearUSD $ 152,673,675
Total liabilities at end of fiscal yearUSD $ 1,888,795
Total liabilities at beginning of fiscal yearUSD $ 1,735,318
Total assets at end of fiscal yearUSD $ 172,801,961
Total assets at beginning of fiscal yearUSD $ 154,408,993
Revenues less expenses for current yearUSD $ 27,114,549
Revenues less expenses for previous yearUSD $ 25,614,705
Total expenses for current yearUSD $ 9,260,321
Total expenses for previous yearUSD $ 6,079,963
Other expenses in current yearUSD $ 5,810,826
Other expenses in previous yearUSD $ 3,309,021
Total fundraising expenses in current yearUSD $ 419,829
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 350,995
Employee salary and benefits paid in previous yearUSD $ 256,149
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 3,098,500
Grants and similar amounts paid in previous yearUSD $ 2,514,793
Total revenue in current fiscal yearUSD $ 36,374,870
Total revenue in previous fiscal yearUSD $ 31,694,668
Contributions and grants from current yearUSD $ 31,560,281
Contributions and grants from previous yearUSD $ 21,204,025
2014-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 5,740,169
Investment Income from current yearUSD $ 10,490,643
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 190,771,650
Net assets / fund balances at end of fiscal yearUSD $ 152,673,675
Net assets / fund balances at beginning of fiscal yearUSD $ 132,496,680
Total liabilities at end of fiscal yearUSD $ 1,735,318
Total liabilities at beginning of fiscal yearUSD $ 691,791
Total assets at end of fiscal yearUSD $ 154,408,993
Total assets at beginning of fiscal yearUSD $ 133,188,471
Revenues less expenses for current yearUSD $ 25,614,705
Revenues less expenses for previous yearUSD $ 15,789,731
Total expenses for current yearUSD $ 6,079,963
Total expenses for previous yearUSD $ 2,492,306
Other expenses in current yearUSD $ 3,309,021
Other expenses in previous yearUSD $ 1,305,231
Total fundraising expenses in current yearUSD $ 297,874
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 256,149
Employee salary and benefits paid in previous yearUSD $ 181,767
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,514,793
Grants and similar amounts paid in previous yearUSD $ 1,005,308
Total revenue in current fiscal yearUSD $ 31,694,668
Total revenue in previous fiscal yearUSD $ 18,282,037
Contributions and grants from current yearUSD $ 21,204,025
Contributions and grants from previous yearUSD $ 12,541,868

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 272480291

USA Mailing Address
99 CANAL CENTER PLAZA NO 320
ALEXANDRIA
VA
22314
Date first seen: 2007-01-01
Date last seen: 2023-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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