Aaron's Foundation Inc

ATLANTA, GA EIN: 45-3611066

Aaron's Foundation Inc is a private corporate foundation based in Atlanta, Georgia. The foundation was established to strengthen communities where Aaron's operates, with a particular emphasis on improving life prospects for underserved youth. The foundation provides youth with tools, resources, and skills to achieve their goals and become productive, contributing members of their communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$380K

-40.7% YoY

Grant Count

9

-93.9% YoY

Avg Grant Size

$42K

+875.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To strengthen the communities in which Aaron's operates, with a focus on improving the life prospects of underserved youth.

Primary Funding Areas:

  • Education
  • Human Services
  • Philanthropy & Grantmaking
  • Youth development and leadership programs
  • Disaster relief and hardship assistance for Aaron's Inc. employees

Grantmaking

The foundation provides grants to active public charities and offers disaster relief/hardship assistance to Aaron's Inc. employees.

Grant Range

$1,000

Average Grant

$10,000

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in Georgia, Washington, and Texas. Grantmaking reaches organizations across 39 states, with primary support in Georgia, California, and Texas (accounting for 38% of all grants). The foundation has supported 395 unique organizations.

Grant Distribution by State

39states
+31 more states

Cities

ADAIRSVILLEAKRONALAMOALAMOSAALBANYALBUQUERQUEALPHARETTAARGYLEARLINGTONATHENSATLANTAAUGUSTAAUNION CITYAVONDALEBAKERSFIELDBARABOOBASTROPBEDFORDBEEVILLEBELLEVUE

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $236,866
  • Total revenues: $500,000
  • Total expenses: $403,577
  • Annual giving: $380,257

Historical Trend:

  • Total assets grew from N/A in 2011 to $237,000 in 2024
  • Annual giving decreased from $3.4 million in 2020 to $641,000 in 2023

Tax Status:

  • EIN: 45-3611066
  • Tax-exempt since July 2015
  • 501(c)(3) organization
  • Contributions are tax-deductible
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$846K$2M$3M$3M55 grants202047 grants2021247 grants2022148 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

BOYS & GIRLS CLUBS OF AM…$275KBOYS & GIRLS CLUBS OF AM…$46KCRISTO REY ATLANTA JESUI…$35KBOYS & GIRLS CLUBS OF AM…$15KBOYS & GIRLS CLUB OF GRE…$5KUNIVISION FOUNDATION$2KOPERATION TURKEY$1KTHE CORONA SELF HELP CEN…$500WORLD VISION INC$330

Grant Size Distribution

206 grants across all recorded years

197<$50K1$50–100K2$100–250K5$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer: Elizabeth L Gibbs

Personnel: Douglass L Noe, Director, Vice President, Controller

The foundation is governed by 4 officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RACHEL G GEORGEDIRECTOR, CHAIR, PRESIDENT, SECRETARY1
KELLY C WALLVICE PRESIDENT & TREASURER1
CORY MILLERDIRECTOR1
DOUGLASS L NOEDIRECTOR, VP, CONTROLLER1

Recent News & Activity

Recent developments and announcements

2015

Aaron's has donated $10 million to Boys & Girls Clubs of America since 2015. The foundation has delivered 50+ Teen Center refreshes to provide safe spaces for youth after school. The partnership includes support for youth leadership development programs, staff training programs, and other Teen Center initiatives. In 2024, the foundation delivered its 58th Teen Center refresh to the Phoenix Boys & Girls Club.

Aaron's Foundation Announces $5 Million, Three-Year Renewal of National Partnership

**American Red Cross Partnership:**

Aaron's partners with the American Red Cross to help prevent and alleviate human suffering during emergencies and natural disasters, including recent charitable donations for Hurricane Ida relief.

Aaron's Foundation Announces $5 Million, Three-Year Renewal of National Partnership

**Warrick Dunn Charities Partnership:**

The foundation supports Warrick Dunn Charities' "Homes for the Holidays" program, which celebrates single parents actively working toward first-time homeownership through Habitat for Humanity.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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