The Alcoa Foundation is a private, corporate foundation established in 1952 as the philanthropic arm of Alcoa Corporation, a leading U.S. aluminum and industrial company. Headquartered in Pittsburgh, Pennsylvania, the foundation operates as a 501(c)(3) organization dedicated to advancing sustainable social, environmental, and economic outcomes globally, with priority placed on regions where Alcoa maintains operations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$9.1M
+101.7% YoY
Grant Count
79
+38.6% YoY
Avg Grant Size
$115K
+45.6% YoY
Mission & Focus Areas
The Alcoa Foundation's mission is to be "a catalyst for positive impact by investing in projects that advance sustainable social, environmental, and economic outcomes, with priority placed on the regions where Alcoa operates."
The foundation funds initiatives across three priority areas:
Community Resilience
- Access to education, health, and clean water
- STEM-related school programs and student mentorship
- Food security
Economic Resilience
- Skills development
- Economic diversification
- Entrepreneur development
- STEM-related regional workforce development
Landscape Resilience
- Biodiversity conservation
- Climate adaptation
- Habitat restoration
- Greenspace and waterways stewardship
Grantmaking
Grant applications are by invitation only. The foundation is not accepting unsolicited grant requests at this time. Organizations interested in funding may submit questions via the foundation's online inquiry form.
Grant Range
$10,000 - $450,000
Average Grant
approximately $25,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The Alcoa Foundation operates in 10 countries where Alcoa maintains operations, including:
- United States
- Australia
- Brazil
- Canada
- Iceland
- Norway
- Spain
- And other locations where Alcoa operates
Within the United States, the foundation has supported organizations in Indiana, Pennsylvania, New York, and other states with Alcoa operations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023)
- Total assets: $141.7 million
- Total revenue: $2.56 million
- Total expenses: $5.72 million
- Total liabilities: $1.43 million
Assets & Revenue (2024)
- Total assets: $150.3 million
- Total giving: $6.46 million
Tax Status
- EIN: 36-4831759
- Tax-exempt since June 2016
- Designated as 501(c)(3)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Caroline Rossignol – President (appointed September 2023)
Rosa Garcia Pineiro – President (noted in recent filings)
The foundation employs 2 staff members as of 2023.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLINE ROSSIGNOL | PRESIDENT | 40 | $95,012 |
| ROSA GARCIA PINEIRO | EX-OFFICIO PRESIDENT | 1.5 | $11,501 |
| KATIE WARUSZEWSKI | TREASURER | 2 | $14,633 |
| MOLLY BEERMAN | EX-OFFICIO DIRECTOR | 1.5 | — |
| NICOL GAGSTETTER | EX-OFFICIO DIRECTOR (ENTER 05/24) | 1.5 | — |
| ELSABE MULLER | EX-OFFICIO DIRECTOR (ENTER 05/24) | 1.5 | — |
| GABY POIRIER | EX-OFFICIO DIRECTOR (ENTER 05/24) | 1.5 | — |
| DANIEL SANTOS | EX-OFFICIO DIRECTOR (ENTER 05/24) | 1.5 | — |
| ROBERT BEAR | DIRECTOR (EXIT 05/24) | 1.5 | — |
| OTAVIO CARVALHEIRA | DIRECTOR (EXIT 05/24) | 1.5 | — |
| ANNE-CATHERINE COUTURE | DIRECTOR (EXIT 05/24) | 1.5 | — |
| DARRIN STRANGE | DIRECTOR (EXIT 05/24) | 1.5 | — |
| KAYLA BRANCH | ASSISTANT SECRETARY | 40 | $85,020 |
Recent News & Activity
Recent developments and announcements
In September 2023, the Alcoa Foundation announced Caroline Rossignol as its new full-time president, marking a strategic shift to dedicate more focused leadership to philanthropic initiatives.
Alcoa Foundation announces grant to Wesselman Nature SocietyThe foundation has supported a diverse range of organizations including the National Wildlife Federation, Amazon Entrepreneurship Center, Greening Australia, International Union for Conservation of Nature, Society for Science & the Public, and various community-based organizations in regions where Alcoa operates.
Alcoa Foundation announces grant to Wesselman Nature SocietySubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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