2026-incentive-grant-recipients-302613294.html type: exa:news title: APhA Foundation announces 2025 - 2026 Incentive Grant recipients type: exa:news title: APhA Foundation Announces 2025 Incentive Grant Recipients type: exa:news title: 'The PLATO Philosophy Fund: A New Funding Initiative'
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1B
+0.6% YoY
Annual Giving
$43.4M
-21.2% YoY
Grant Count
27
-18.2% YoY
Avg Grant Size
$1.6M
-3.7% YoY
Mission & Focus Areas
The foundation broadly funds impact investing and venture philanthropy approaches across four primary areas:
- Community Development — focusing on economic opportunity and community advancement
- Democracy Initiatives — supporting democratic institutions and processes
- Science Research — funding scientific advancement and research centers
- Education — supporting educational innovation and institutions
The foundation prioritizes backing strong leaders and entrepreneurial approaches to social problems. It favors think tanks and research centers seeking innovative solutions over nonprofits providing direct services. The foundation supports "challenges" and calls for proposals as mechanisms for identifying grantees, and frequently partners with similar organizations pursuing impact-driven strategies.
Grantmaking
Notable 2023 grants include:
Grant Range
$100,000 - $14,500,000
Average Grant
approximately $1 million
How to Apply
**Recent Grant Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- California
- Massachusetts
- New York
- United States (broadly)
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total Assets: $1,057,987,675
- Total Giving: $43,449,493
- Total Revenue: $34.4 million
- Total Expenses: $44.5 million
Assets & Giving (2023):
- Total Assets: $1,051,825,346
- Total Giving: $55,144,755
- Total Revenue: $59,254,514
- Total Expenses: $61,346,228
Assets & Giving (2019):
- Total Assets: $811,070,012
- Total Revenue: $24,436,703
- Total Expenses: $20,522,212
The foundation's revenue includes investment income and dividends from its substantial asset base.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,057,987,675 | $1,051,825,346 | $1,051,342,844 |
| Revenue | $34,440,061 | $59,254,514 | $-152,180,449 |
| Expenses | $44,517,473 | $61,346,228 | $13,583,296 |
| Qualifying Distributions | $43,449,493 | $55,144,755 | $12,846,893 |
| Net Investment Income | $48,224,099 | $59,142,303 | $44,525,670 |
| Distributable Amount | $51,687,605 | $51,632,904 | $54,321,768 |
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
91 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
Founder: Reid Hoffman, LinkedIn co-founder
The foundation was established by Reid Hoffman and his wife Michelle Yee as their primary charitable giving vehicle. Hoffman maintains direct involvement in all funding decisions and operates the foundation without dedicated grantmaking staff. Both Hoffman and Yee are signatories of the Giving Pledge.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REID HOFFMAN | PPRES/TREAS/DIR | 1 | — |
| FRANK F HUANG | SECRETARY | 1 | — |
Contact Information
Address: 220 Jackson Street, Floor 2, San Francisco, CA 94111-1831
Phone: 415-362-5990
Website: None (the foundation does not maintain a public website)
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Yale Ave Housing Inc
LAKE FOREST, CA
Assets
$25K
Grants
1
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Aphorism Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities