Finance of America Cares
Finance of America Cares is a small public charity based in Irving, Texas. It is described by Finance of America as an employee-funded, company-matched nonprofit that provides impact grants to strengthen communities, enrich lives, and inspire caring.
Key facts about Finance of America Cares
- EIN
- 82-2673713
- Latest 990 filing
- Form 990-EZ, 2025
- Total assets
- $427,804
Data from IRS Form 990-EZ, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-EZ · View filing
Total Assets
$428K
+3.7% YoY
Revenue
$83K
-45.4% YoY
Expenses
$243K
-27.4% YoY
Mission & Focus Areas
The organization’s stated mission is “to strengthen our communities, enrich lives, and inspire caring.” Its 2025 filing describes community grants for nonprofits working in:
- Veterans: Supporting local organizations that connect veterans and their families facing hardship with critical human services.
- Youth development: Supporting programs that engage young people in their communities, schools, social groups, and families, and help them reach their potential.
- Human services: Improving access to basic needs for underserved individuals and families, including through programs working to prevent or end homelessness.
The website also describes community grants as strengthening services for veterans and seniors. Examples of supported organizations illustrate this range: Meals on Wheels America says its mission is to help local programs improve seniors’ health and quality of life; Hire Heroes USA says it helps service members, veterans, and military spouses succeed in the civilian workforce; and Rebuilding Together describes its work as repairing homes and strengthening communities.
The Employee Assistance Fund provides emergency financial help to Finance of America staff experiencing hardship. The 2025 filing states that at least 25% of employee and company contributions are allocated to this fund.
Grantmaking
Finance of America Cares reports that its community impact grants range from $5,000 to $25,000. Its filings report 10 grants totaling $190,000 in 2024 and one grant totaling $70,610 in 2023. The 2025 filing reports no grants.
Among the 2024 grantees, Meals on Wheels America received $25,000, Travis Manion Foundation received $25,000, Yellow Ribbon Fund received $25,000, and Rebuilding Together Inc. received $25,000. Angels of America’s Fallen received $25,000, Hire Heroes USA Inc. received $10,000, and Homecoming 250 Navy Marine Corps received $10,000.
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Geographic Focus
Where this funder awards grants
The website says the organization has supported nonprofits across the country. The 2024 grantees listed here are based in Virginia, Pennsylvania, Maryland, Washington, D.C., Colorado, Georgia, and New Jersey. These examples do not establish a more specific geographic restriction.
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8K (2022) to $616K (2021). In 2024 it made 10 grants totaling $190K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 11 grants of 12 (92%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $427,804 | $83,206 | $243,198 | 0 |
| 2024 | $412,649 | $152,338 | $335,189 | 10 grants; $190,000 total |
| 2023 | $595,500 | $552,399 | $433,538 | 1 grant; $70,610 total |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $427,804 | $412,649 | $595,500 |
| Revenue | $83,206 | $152,338 | $552,399 |
| Expenses | $243,198 | $335,189 | $433,538 |
| Net Investment Income | — | $16 | $16 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS October 23, 2025)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 2, 2023)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- Added Form 990-EZ for fiscal year 2025 (received by the IRS June 6, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Louann Ross as executive director; Eric Clemow as president since June 2025; and Heather Eline as vice president since June 2025. It lists Britany Luth as immediate past-president until June 2025 and Chad Cramer as vice president until June 2025. Jennifer Craver is treasurer, Jessica Rankins is secretary, and Drew Robertson, Amanda Khoury, and Celia Moore are board members.
Finance of America Cares is led by Louann Ross, Executive Director on every filing since 2022; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Louann Ross
Executive Director
On filings since 2022
40 hrs/week
No compensation reported
Eric Clemow
President Since June
Board Member → President Since June, 2025
On filings since 2024
2 hrs/week
No compensation reported
Britany Luth
Immediate Past-President
Vice President & President From → President, 2022
President → Immediate Past-President, 2025
On filings since 2020
5 hrs/week
No compensation reported
Drew Robertson
Board Member
On filings since 2022
2 hrs/week
No compensation reported
Chad Cramer
Vice President
On filings since 2023
5 hrs/week
No compensation reported
Jessica Rankins
Secretary
Board Member → Secretary, 2024
On filings since 2023
2 hrs/week
No compensation reported
Brad Bollinger
Board Member
On filings since 2024
2 hrs/week
No compensation reported
Celia Moore
Board Member
On filings since 2024
2 hrs/week
No compensation reported
Jennifer Craver
Treasurer
On filings since 2024
5 hrs/week
No compensation reported
Amanda Khoury
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Heather Eline
Vice President Since June
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (21)
- Former: Marsjana Heimbuch (2021–2024) — Treasurer
- Former: Sheron Dinnoo (2020–2023) — Vice President & Secretary
- Former: Christine Villanueva (2023) — Board Member
- Former: Gail Latimore (2023) — Secretary
- Former: Nikkita Phanda (2023) — Board Member
- Former: Valeria Esparza (2023) — Board Member
- Former: Christine Baker (2020–2022) — Board Member
- Former: David Towsend (2020–2022) — Board Member
- Former: Devlyn Sayball (2020–2022) — Board Member
- Former: Eric Bolstad (2020–2022) — Board Member
- Former: Jessica Singueza (2021–2022) — Vice President
- Former: Kim Chatingy (2021–2022) — Board Member
- Former: Stefanie Area (2022) — Board Member
- Former: David Gillich (2020–2021) — President
- Former: Jennifer Dougherty (2020–2021) — Board Member From
- Former: Kendal Lay (2020–2021) — Board Member
- Former: Susan Lawyer (2020–2021) — Treasurer
- Former: Misha Hill (2021) — Board Member
- Former: Ashley Pruitt (2020) — Program Director
- Former: Jessica Siguenza (2020) — Board Member
- Former: Kim Chatigny (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 909 Lake Carolyn Pkwy Suite 1550, Irving, TX 75039
Phone: (215) 346-7061
Website: https://financeofamerica.com
Frequently asked questions about Finance of America Cares
How large is Finance of America Cares?
Finance of America Cares reported $428K in total assets on its 2025 IRS Form 990-EZ. Its revenue that year was $83K.
What does Finance of America Cares fund?
The organization’s stated mission is “to strengthen our communities, enrich lives, and inspire caring.” Its 2025 filing describes community grants for nonprofits working in: See mission & focus areas ↑
How do I apply for a grant from Finance of America Cares?
Finance of America Cares has no public application process in the sources Grantable reviewed. Check financeofamerica.com for current guidelines, or contact the foundation directly before submitting a request.
Where does Finance of America Cares make grants?
The website says the organization has supported nonprofits across the country. The 2024 grantees listed here are based in Virginia, Pennsylvania, Maryland, Washington, D.C., Colorado, Georgia, and New Jersey. These examples do not establish a more specific geographic restriction.
What is Finance of America Cares's EIN?
Finance of America Cares's EIN (Employer Identification Number) is 82-2673713. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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