THE PURPOSE OF THE FUND IS TO PROMOTE EDUCATIONAL AND CHARITABLE PURPOSES, AND IN PARTICULAR TO RECEIVE, HOLD, INVEST AND DISTRIBUTE FUNDS TO THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. (THE "ASSOCIATION") FOR THE BENEFIT OF THE ASSOCIATION'S EXISTING AND FUTURE PROGRAMS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$345.1M
+4.6% YoY
Annual Giving
$11.8M
-7.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$11.8M
-7.1% YoY
About Horatio Alger Endowment Fund
Based on IRS filings
Horatio Alger Endowment Fund is a nonprofit organization focused on Education, based in ALEXANDRIA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $345.1M in total assets. In 2024, it awarded 1 grants totaling $11.8M. Net investment income was $8.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $345,148,740 | $329,998,445 | $307,856,993 |
| Revenue | $13,748,030 | $12,596,913 | $41,403,763 |
| Expenses | $16,122,465 | $15,504,446 | $7,017,611 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,861,655 | $6,646,947 | $20,014,701 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEON COOPERMAN | CHAIRMAN | 1 | — |
| JAMES SENEFF | PRESIDENT | 1 | — |
| JOHN WEILAND | TREASURER | 1 | — |
| DON DASEKE | SECRETARY | 1 | — |
| STANLEY KROENKE | DIRECTOR | 1 | — |
| CALVIN SISSON | DIRECTOR | 1 | — |
| DENNIS WASHINGTON | DIRECTOR | 1 | — |
| MICHAEL ROLLINS | DIRECTOR | 1 | — |
| TERRENCE J GIROUX | EXECUTIVE DIRECTOR | 9 | — |
| LESLEY ALBANESE BEG 042024 | CHIEF EXECUTIVE OFFICER | 9 | — |
| CONSTANTINE G KATSARASKIS | CHIEF OPERATING OFFICER | 6 | — |
| JOHN B THORNBURG | CHIEF FINANCIAL OFFICER | 11 | — |
| DEBRA J STANCIL | MANAGER OF NOMINATIONS | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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