Athene Charitable Foundation logo

Athene Charitable Foundation

WEST DES MOINES, IA EIN: 42-1431745 Website

Athene Charitable Foundation is a corporate foundation established in 1994 and based in West Des Moines, Iowa. It is the philanthropic arm of Athene Holding Ltd., a retirement services and annuities company. The foundation operates as a 501(c)(3) organization and has been tax-exempt since October 1995.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$3.9M

+23.2% YoY

Grant Count

49

-9.3% YoY

Avg Grant Size

$80K

+35.8% YoY

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

Mission & Focus Areas

Mission: To create a positive social impact in education, human services, health and well-being, and the environment through philanthropy, community outreach, and volunteer service.

Vision: To build a brighter future in the communities where we live and work.

The foundation supports organizations involved with:

  • Arts and culture
  • Education initiatives
  • Community development
  • Civic affairs
  • Environmental sustainability
  • Health and well-being

A signature program is the Coats and Boots Initiative, which prepares elementary school children for harsh Iowa winters by donating winter clothes to Des Moines' most needy families.

Grantmaking

The foundation only makes contributions to preselected charitable organizations.

Average Grant

award: approximately $23,000

How to Apply

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Geographic Focus

Where this funder awards grants

Grantmaking is concentrated primarily in Iowa, with secondary focus in Pennsylvania and Michigan. These three states account for approximately 82% of all grants. The foundation has supported 154 unique organizations across its history.

Grant Distribution by State

18states
+10 more states

Cities

ADELALTOONAAMESANKENYAmesBONDURANTCAMBRIDGECARYCASTLE ROCKCEDAR FALLSCEDAR RAPIDSCLIVECOLORADO SPRINGSCOLUMBIA FALLSCliveColumbia FallsDALLAS CENTERDAVIDSONDES MOINESDESOTO

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Assets: $3,865,171
  • Total Revenue: $3,535,835
  • Total Expenses: $4,044,157
  • Total Liabilities: $0

Historical Growth:

  • Total assets have grown from $1.6 million in 2011 to $3.9 million in 2024
  • Annual giving has grown from $643,000 in 2020 to $3.2 million in 2023
  • Highest grantmaking activity occurred in 2022 with $4.1 million distributed across 132 grants
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$976K$2M$3M$4M109 grants202090 grants202166 grants202254 grants202349 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

United Way of Central Iowa$1.3MGreat Outdoors Foudation$1.2MChildServe Foundation$333KAMERICAN ONLINE GIVING F…$181KGreater Des Moines Habit…$167KScholarship America$120KEaster Seals of Iowa$115KWesleyLife Foundation$100KGreenwich United Way$74KDMARC Food Pantry$20K

Grant Size Distribution

249 grants across all recorded years

232<$50K3$50–100K7$100–250K2$250–500K1$500K–1M4$1–5M$5M+

Open Grants

1 open opportunity from Athene Charitable Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Principal Officer: Rona Berinobis
  • CEO of Athene: Grant Kvalheim
  • Executive Vice President and Chief Human Resources Officer: Kristi Kaye Burma (serves on Greater Des Moines Habitat for Humanity board)

The foundation is governed by 3 officers and trustees.

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

2025

**2025:**

Announced a $500,000 donation to Greater Des Moines Habitat for Humanity to be distributed over five years, bringing total contributions to Habitat to $1 million in recent years. The initiative is expected to help more than 900 central Iowans access safe, affordable housing.

Athene Announces $500,000 Donation to Greater Des Moines Habitat for Humanity
2024

**2024:**

Donated $4 million from the Athene Foundation

Great Outdoors Foundation Announces $1M Gift from the Athene ...

Employees contributed 8,500 volunteer hours

$3.03 million in employee and foundation matching giving through United Way campaign

Provided 40 scholarships to Iowa students

Collected 16,390 books for Stuff the Bus initiative

**Employee Engagement:**

Athene's employee-driven Corporate Social Responsibility program is supported by the foundation and emphasizes employee involvement and volunteering alongside philanthropic giving.

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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