Apollo Opportunity Foundation
The Apollo Opportunity Foundation is a New York, NY-based private foundation that supports nonprofit organizations working to expand opportunity. Launched in 2022, it says it has committed more than $100 million for investment over a decade.
Apollo Opportunity Foundation at a glance
In short: Apollo Opportunity Foundation gave $11.2M across 22 grants in 2024 (avg $508K), mostly in New York. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $11,179,889
- +53.1% vs 2023
- Grants made (2024)
- 22
- -18.5% vs 2023
- Average grant
- $508,177
- +87.9% vs 2023
- Median grant
- $250,000
- Total assets
- $181,786,451
- +23.4% vs 2023
- New grantees (estimate)
- 32% first-time grantees (7 of 22, 2024; small sample)
- Primary geography
- New York (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Apollo Opportunity Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 9 West 57Th Street 43Rd Floor, New York, NY 10019
Phone: (212) 455-2647
Website: https://apollo.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Apollo Opportunity Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Available Upon Request ($4.4M). Together the top 10 received $8.8M.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was in the $100–250K range: 21 grants of 57 (37%).
Geographic Focus
Where this funder awards grants
The foundation says it works in communities where Apollo lives and works around the globe. Its 2024 grant dollars were concentrated in New York (78%), followed by California (8%), an unspecified state (8%), Washington, DC (3%), and Iowa (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
Cities
Is Apollo Opportunity Foundation open to new grantees?
32%
first-time grantees, 2024
In 2024, 7 of 22 grantees (32%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $246K; repeat grants $630K. How we count
Medians: $250K first-time, $250K repeat.
- 68% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 235% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1.1M (2022) to $11.2M (2024). In 2024 it made 22 grants totaling $11.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Available Upon Request New York, NY | General Operating | $4,407,875 |
| Girls Who Invest New York, NY | General Operating | $1,000,000 |
| Girls Who Code New York, NY | General Operating | $625,000 |
| Per Scholas Bronx, NY | General Operating | $500,000 |
| The Teak Fellowship New York, NY | General Operating | $500,000 |
| Generation You Employed Inc Washington, DC | General Operating | $375,000 |
| Point Foundation Los Angeles, CA | General Operating | $375,000 |
| Student Leadership Network New York, NY | General Operating | $375,000 |
| Vedica Foundation | General Operating | $350,000 |
| America Needs You New York, NY | General Operating | $250,000 |
Ready to take the next step with Apollo Opportunity Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $181,786,451 | $63,122,542 | $14,930,923 | $11,179,889 | 22 | $13,831,731 | $64,236,521 | $5,880,125 |
| 2023 | $147,337,152 | $14,405,815 | $8,581,285 | $7,302,562 | 27 | $7,758,395 | $13,870,128 | $5,997,177 |
| 2022 | $111,528,175 | $2,776,251 | $1,230,776 | $1,104,000 | 8 | $1,177,749 | $2,723,223 | $2,190,689 |
| 2021 | $124,879,243 | $125,930,966 | — | — | — | — | — | — |
Under IRS private-foundation payout rules, Apollo Opportunity Foundation reported a distributable amount of $5.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is to expand opportunity by deploying capital and engaging Apollo employees in career education, workforce development, and economic empowerment. Its stated approach is employee-driven: it partners with organizations championed by Apollo employees and pairs funding with employee expertise.
Its grants include support for organizations with varied missions. For example, Girls Who Invest says it works to advance investors and leaders in investment management; Girls Who Code says it equips girls from underserved communities to pursue STEM careers; and Per Scholas says it advances economic mobility through training, professional development, and employer connections. America Needs You says it supports first-generation college students through mentorship and career development.
Grantmaking
In filing year 2024, the foundation reported 22 grants totaling $11,179,889. Grants ranged from $100,000 to $4,407,875, with a median of $250,000. The largest listed awards included $4,407,875 to AVAILABLE UPON REQUEST, $1,000,000 to Girls Who Invest, $625,000 to Girls Who Code, and $500,000 each to Per Scholas and The TEAK Fellowship. Other notable grants included $375,000 each to Generation You Employed, Point Foundation, and Student Leadership Network, and $250,000 each to America Needs You and Avanti Fellows USA.
The foundation describes its grantmaking as employee-driven, partnering with organizations championed by Apollo employees. It states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Its 2024 direct charitable activity also included a two-day summit for nonprofit leaders in its global grantee portfolio, with professional development and other programming.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2024 filing lists James Zelter and Scott Kleinman as directors; Lauren Coape-Arnold as executive director; Shari Verschell as secretary; Kristy Kinahan as treasurer; and Christine Hommes, Earl Hunt, and Gary Parr as Class B directors.
Apollo Opportunity Foundation is led by Lauren Coape-Arnold, Executive Director on every filing since 2021; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lauren Coape-Arnold
Executive Director
On filings since 2021
20 hrs/week
No compensation reported
James Zelter
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Scott Kleinman
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Christine Hommes
Class B Director
On filings since 2023
0.5 hrs/week
No compensation reported
Earl Hunt
Class B Director
On filings since 2023
0.5 hrs/week
No compensation reported
Gary Parr
Class B Director
On filings since 2023
0.5 hrs/week
No compensation reported
Kristy Kinahan
Treasurer
Treasurer- → Treasurer, 2022
On filings since 2021
2 hrs/week
No compensation reported
Shari Verschell
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Former officers (2)
- Former: Marc Rowan (2021–2023) — Chair of the Board of Directors
- Former: Annie Kyprianou (2021) — Treasurer-
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Apollo Opportunity Foundation
How much does Apollo Opportunity Foundation give each year?
Apollo Opportunity Foundation gave $11.2M across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7.3M across 27 grants.
What is Apollo Opportunity Foundation's typical grant size?
Apollo Opportunity Foundation's median grant in 2024 was $250,000, and its average grant was $508,177, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Apollo Opportunity Foundation that year got $246K on average.
Where does Apollo Opportunity Foundation give grants?
Apollo Opportunity Foundation gives mostly in New York: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (8%). The most frequent recipient cities were New York, NY (9 grants).
Does Apollo Opportunity Foundation give general operating support?
Yes: 100% of Apollo Opportunity Foundation's 2024 grants with a stated purpose (22 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Apollo Opportunity Foundation's largest grantees?
Apollo Opportunity Foundation's largest 2024 grantees include Available Upon Request ($4,407,875), Girls Who Invest ($1,000,000) and Girls Who Code ($625,000), according to its 2024 IRS Form 990-PF. Together they received 54% of its itemized 2024 grant dollars.
How large is Apollo Opportunity Foundation?
Apollo Opportunity Foundation reported $181.8M in total assets on its 2024 IRS Form 990-PF. It paid out $13.8M in qualifying distributions that year, against a required minimum of $5.9M (roughly 5% of its investment assets).
What does Apollo Opportunity Foundation fund?
The foundation’s mission is to expand opportunity by deploying capital and engaging Apollo employees in career education, workforce development, and economic empowerment. See mission & focus areas ↑
How do I apply for a grant from Apollo Opportunity Foundation?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Apollo Opportunity Foundation's EIN?
Apollo Opportunity Foundation's EIN (Employer Identification Number) is 87-4097394. IRS Form 990 filing data is available on this page for 2021–2024.
Does Apollo Opportunity Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Apollo Opportunity Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Apollo Opportunity Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/apollo-opportunity-foundation-morg_b68cf3184fae48d2bf38342edd2215ca
BibTeX
@misc{grantable_874097394_2026,
author = {{Grantable}},
title = {{Apollo Opportunity Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/apollo-opportunity-foundation-morg_b68cf3184fae48d2bf38342edd2215ca},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Apollo Opportunity Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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