Horatio Alger Assn of Distinguished Americans Inc
The primary exempt purpose of the association is two fold: (1) to provide scholarship assistance to help promising high school students (who fit the horatio alger profile) attend college, and (2) to spread the message that America's free enterprise system provides the greatest opportunities in the world for personal achievement and success.
Horatio Alger Assn of Distinguished Americans Inc at a glance
- Total assets
- $39,708,136
- -2.6% vs 2023
- Revenue (2024)
- $30,407,277
- -2.1% vs 2023
- Net investment income (2024)
- $891,716
- +72.6% vs 2023
- Expenses (2024)
- $34,027,086
- +14.5% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Horatio Alger Assn of Distinguished Americans Inc funds
How this funder distributes its grants
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Horatio Alger Assn of Distinguished Americans Inc gives
- Giving fell 62% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $111K (2023) to $373K (2022). In 2023 it made 2 grants totaling $111K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $100,000 |
| Randolph Macon Academy Front Royal, VA | Educational Grant | $10,689 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $39,708,136 | $30,407,277 | $34,027,086 | — | — | $891,716 |
| 2023 | $40,756,109 | $31,058,997 | $29,715,341 | $110,689 | 2 | $516,718 |
| 2022 | $40,436,478 | $22,420,571 | $27,233,966 | $373,316 | 2 | $291,471 |
| 2021 | $55,305,024 | $20,322,852 | $23,262,312 | $300,000 | 2 | $738,807 |
| 2020 | $58,355,936 | $27,092,429 | $21,519,354 | $287,553 | 4 | $708,770 |
About Horatio Alger Assn of Distinguished Americans Inc
Based on IRS filings
Horatio Alger Assn of Distinguished Americans Inc is a public charity focused on Education, based in Alexandria, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $39.7M in total assets. Net investment income was $892K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Horatio Alger Assn of Distinguished Americans Inc is led by Lesley Albanese, Chief Executive Officer on the 2024 filing; 7 of 90 officers listed in 2024 are compensated.
Officers on the 2024 filing
Lesley Albanese
Chief Executive Officer
New on the 2024 filing
28.5 hrs/week
$438K (2024)
Terrence J. Giroux
Executive Director
On filings since 2020
28.5 hrs/week
$835K (2020) → $835K (2024)
Gregory E. Abel
President
Vice President → President, 2021
On filings since 2020
1 hr/week
No compensation reported
James M. Seneff Jr.
Haef President
Board Member → Haef President, 2024
On filings since 2020
1 hr/week
No compensation reported
V. Prem Watsa
Haac President
On filings since 2021
1 hr/week
No compensation reported
James F. Dicke II
Chairman
President → Chairman, 2021
On filings since 2020
1 hr/week
No compensation reported
Kristen R. Law
Director & Educational
Senior Director, Educational & Alumni Prgrms → Director & Educational, 2021
On filings since 2020
37.5 hrs/week
$179K (2020) → $240K (2024)
Constantine G. Katsaraskis
Chief Operating Officer
Director Strategic Initiat → Director Stratetic Initiat, 2022
Director Stratetic Initiat → Chief Operating Officer, 2024
On filings since 2020
31.5 hrs/week
$244K (2020) → $358K (2024)
John B. Thornburg
Chief Financial Officer
On filings since 2020
26.5 hrs/week
$209K (2020) → $260K (2024)
Debra J. Stancil
Manager of Nominations
On filings since 2022
36.5 hrs/week
$116K (2022) → $131K (2024)
W. Aaron House
Assistant Director of Scho
Assistant Director of Scholar & Alumni Services → Assistant Director of Scho, 2023
On filings since 2022
37.5 hrs/week
$126K (2022) → $152K (2024)
Alan B. Miller
Honorary Board Member
Board Member → Honorary Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Alphonso R. Jackson
Board Member
On filings since 2020
1 hr/week
No compensation reported
Anthony Welters
Board Member
Treasurer → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Brian Mulroney
Board Member
On filings since 2020
1 hr/week
No compensation reported
Byron D. Trott
Chairman Emeritus
Immediate Past Chairman → Chairman Emeritus, 2021
On filings since 2020
1 hr/week
No compensation reported
Carl H. Ricker Jr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Charles C. Anderson Sr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Chris Sullivan
At-Large Member
Board Member → Member At-Large, 2021
Member At-Large → At-Large Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Clarence Otis Jr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Craig Hall
Board Member
On filings since 2020
1 hr/week
No compensation reported
Craig O. McCaw
Board Member
On filings since 2020
1 hr/week
No compensation reported
David L. Sokol
Chairman Emeritus
Chairman Emeritus → Chairman Emeritus & Haef President, 2021
Chairman Emeritus & Haef President → Chairman Emeritus, 2022
On filings since 2020
1 hr/week
No compensation reported
David L. Steward
Board Member
On filings since 2020
1 hr/week
No compensation reported
Dennis R. Washington
Chairman Emeritus
On filings since 2020
1 hr/week
No compensation reported
Don R. Daseke
Board Member
On filings since 2020
1 hr/week
No compensation reported
Edmund A. Hajim
Board Member
On filings since 2020
1 hr/week
No compensation reported
Ernest S. Rady
Board Member
On filings since 2020
1 hr/week
No compensation reported
Gilbert Edward Levasseur Jr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Glenn B. Stearns
At-Large Member
Board Member → At-Large Member, 2023
On filings since 2020
1 hr/week
No compensation reported
Greg P. Renker
Board Member
At-Large Member → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Harry S. Patten
Board Member
On filings since 2020
1 hr/week
No compensation reported
Howard M. Meyers
Board Member
On filings since 2020
1 hr/week
No compensation reported
Jack M. Gill
Board Member
On filings since 2020
1 hr/week
No compensation reported
Jeffrey A. Rich
Board Member
On filings since 2020
1 hr/week
No compensation reported
John H. Weiland
Treasurer
Board Member → Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Joseph M. Grant
Board Member
On filings since 2020
1 hr/week
No compensation reported
Joseph Neubauer
Chairman Emeritus
On filings since 2020
1 hr/week
No compensation reported
Lee E. Mikles
Board Member
On filings since 2020
1 hr/week
No compensation reported
Lee R. Anderson Sr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Leon G. Cooperman
Board Member
On filings since 2020
1 hr/week
No compensation reported
Linda D. Rabbitt
At-Large Member
Board Member → Member At-Large, 2021
Member At-Large → At-Large Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Marcia G. Taylor
Board Member
On filings since 2020
1 hr/week
No compensation reported
Mark E. Davis
Board Member
On filings since 2020
1 hr/week
No compensation reported
Matthew K. Rose
Immediate Past Chairman
Chairman → Immediate Past Chairman, 2021
On filings since 2020
1 hr/week
No compensation reported
Melvyn N. Klein
Board Member
On filings since 2020
1 hr/week
No compensation reported
Mike Jackson
At-Large Member
Board Member → Member At-Large, 2021
Member At-Large → At-Large Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Nido R. Qubein
At-Large Member
Board Member → At-Large Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Patrick P. Lee
Board Member
On filings since 2020
1 hr/week
No compensation reported
Peter Wstott
Board Member
On filings since 2020
1 hr/week
No compensation reported
R. James Nicholson
Board Member
On filings since 2020
1 hr/week
No compensation reported
Robert G. Miller
Board Member
On filings since 2020
1 hr/week
No compensation reported
Robert J. Brown
Board Member
On filings since 2020
1 hr/week
No compensation reported
Robert J. Schlegel
Board Member
On filings since 2020
1 hr/week
No compensation reported
Robert L. Wright Jr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Ronald G. Harrington
Board Member
On filings since 2020
1 hr/week
No compensation reported
Ronald M. Bergeron Sr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Ronald M. Simon
Board Member
On filings since 2020
1 hr/week
No compensation reported
Sam Fox
Honorary Board Member
Board Member → Honorary Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Sidney D. Wolk
Board Member
On filings since 2020
1 hr/week
No compensation reported
Stephen C. Schott
Honorary Board Member
Board Member → Honorary Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
T. Denny Sanford
Board Member
On filings since 2020
1 hr/week
No compensation reported
Terry M. Giles
Board Member
On filings since 2020
1 hr/week
No compensation reported
Thomas Joseph Shannon Jr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Valerie Montgomery Rice
Board Member
At-Large Member → Board Member, 2021
On filings since 2020
1 hr/week
No compensation reported
Wanda M. Austin
At-Large Member
Board Member → At-Large Member, 2024
On filings since 2020
1 hr/week
No compensation reported
William F. Farley
Board Member
On filings since 2020
1 hr/week
No compensation reported
William J. Dore
Board Member
On filings since 2020
1 hr/week
No compensation reported
Barbara M. Barrett
Vice President
On filings since 2021
1 hr/week
No compensation reported
Clarence Thomas
Honorary Board Member
Honorary Member → Honorary Board Member, 2022
On filings since 2021
1 hr/week
No compensation reported
George L. Argyros Sr.
Chairman Emeritus
Board Member → Chairman Emeritus, 2024
On filings since 2021
1 hr/week
No compensation reported
James W. Ayers
Board Member
On filings since 2021
1 hr/week
No compensation reported
Lou Dobbs
Honorary Board Member
Honorary Member → Honorary Board Member, 2022
On filings since 2021
1 hr/week
No compensation reported
David A. Thompson
Board Member
On filings since 2022
1 hr/week
No compensation reported
G. Brint Ryan
Board Member
On filings since 2022
1 hr/week
No compensation reported
George A. Weiss
Board Member
On filings since 2022
1 hr/week
No compensation reported
Jordan Zimmerman
Board Member
On filings since 2022
1 hr/week
No compensation reported
Rita Lcase
Board Member
On filings since 2022
1 hr/week
No compensation reported
Stanley Kroenke
Board Member
On filings since 2022
1 hr/week
No compensation reported
Arthur J. Falcone
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
David Hoffmann
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Donald T. Boysie Bollinger
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Fredrick D. Schaufeld
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Harold Hamm
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
James B. Freedman
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
John C. Maxwell
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Keith T. Koenig
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Richard J. Stephenson
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Roger S. Penske
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Ronald J. Kruszewski
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (19)
- Former: Earl W. Stafford Sr. (2020–2023) — Board Member
- Former: Kenneth G. Langone (2020–2023) — Board Member
- Former: Margaret Slipek (2020–2023) — Manager Editorial Services
- Former: William E. Greehey (2020–2023) — Board Member
- Former: The Hon Barbara M. Barrett (2022–2023) — Vice President
- Former: Al Annexstad (2020–2022) — Board Member
- Former: Paul Anthony Novelly (2020–2022) — Chairman Emeritus
- Former: Brian Mulroney Pc Cc Lld (2022) — Board Member
- Former: Ronald G. Wanek (2022) — Board Member
- Former: Arthur A. Ciocca (2020–2021) — Board Member
- Former: Dean A. Cortopassi (2020–2021) — Board Member
- Former: Harvey L. Massey (2020–2021) — Board Member
- Former: Walter Scott Jr. (2021) — Haef Chairman & President
- Former: Dobbs Lou (2020) — Honorary Member
- Former: Foster Friess (2020) — Board Member
- Former: Harry Rinker (2020) — Board Member
- Former: Scott Walter Jr. (2020) — Haef Chairman & President
- Former: Thomas Clarence (2020) — Honorary Member
- Former: Watsa V. Prem (2020) — Haac President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $835K, to Terrence J Giroux (Executive Director). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Horatio Alger Assn of Distinguished Americans Inc
How large is Horatio Alger Assn of Distinguished Americans Inc?
Horatio Alger Assn of Distinguished Americans Inc reported $39.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $30.4M.
What is Horatio Alger Assn of Distinguished Americans Inc?
Horatio Alger Assn of Distinguished Americans Inc is a public charity focused on Education, based in Alexandria, VA. It holds $39.7M in total assets as of 2024.
Where does Horatio Alger Assn of Distinguished Americans Inc operate?
Horatio Alger Assn of Distinguished Americans Inc has awarded grants in California, District of Columbia, Minnesota, Missouri, Nebraska, Pennsylvania, Virginia, Wyoming.
What is Horatio Alger Assn of Distinguished Americans Inc's EIN?
Horatio Alger Assn of Distinguished Americans Inc's EIN (Employer Identification Number) is 13-1669975. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- IRS filings on file for fiscal years 2020–2024
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
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