The BlackRock Charitable Foundation
The BlackRock Charitable Foundation is a private foundation based in New York, NY. BlackRock says its foundation funds and partners with organizations working to strengthen financial security, advance economic mobility and promote sustainability.
The BlackRock Charitable Foundation at a glance
In short: The BlackRock Charitable Foundation gave $38.1M across 43 grants in 2024 (avg $886K), mostly in Washington. 61% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $38,117,963
- +27.1% vs 2023
- Grants made (2024)
- 43
- +38.7% vs 2023
- Average grant
- $886,464
- -8.4% vs 2023
- Median grant
- $250,000
- Total assets
- $212,082,696
- -6.0% vs 2023
- New grantees (estimate)
- 61% first-time grantees (23 of 38, 2024)
- Primary geography
- Washington (52% 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 The BlackRock Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 50 Hudson Yards, New York, NY 10001
Phone: (212) 810-5300
Website: https://blackrock.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The BlackRock Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Breakthrough Energy Catalyst Foundation ($20.0M). Together the top 10 received $32.1M.
Grant Size Distribution
132 grants across all recorded years
The most common grant size was in the $250–500K range: 42 grants of 132 (32%).
Geographic Focus
Where this funder awards grants
The 2024 grant-dollar distribution included 52% to recipients in Washington state, 9% in New York, 8% in Washington, D.C., and 7% in Massachusetts. The reported distribution also includes an 8% category marked “?”. Grants listed for 2024 include recipients in states such as Texas, Kentucky, South Carolina, Ohio, North Carolina, Florida and California, as well as the United Kingdom.
Grant Distribution by State
Share of 2024 grant dollars across all 43 itemized grants.
States
Cities
Is The BlackRock Charitable Foundation open to new grantees?
61%
first-time grantees, 2024
In 2024, 23 of 38 grantees (61%) were first-time recipients. First grants averaged $517K; repeat grants $1.7M. How we count
Medians: $250K first-time, $250K repeat.
- 37% of 2024 grantees were also funded in 2023. Method
- Giving grew 39% from 2021 to 2024. Method
- In 2024 it paid out 371% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $8.9M (2020) to $38.1M (2024). In 2024 it made 43 grants totaling $38.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Breakthrough Energy Catalyst Foundation Kirkland, WA | Advancing the global transition to net-zero by accelerating market adoption of new clean energy solutions (year 3 of 5-year $100m grant). | $20,000,000 |
| US-Japan Council Washington DC, DC | Mineta ambassador's program- new education endowment to support student exchanges for U.S. and japanese students | $2,500,000 |
| Build Commonwealth Inc Boston, MA | Deepen esi overseeing opt-out savings trails, existing demonstration projects (ups, best buy, adp), new launches across the recordkeeping and payroll space, and thought leadership convenings in the retirement system. This will be with a focus on the most financially vulnerable populations through incorporation of out-of-plan solutions, new industries, and direct-to-consumer plans. Additionally, highlight the potential of esi as a tool to advance financial security. (year 2 of 2-year $4m grant). | $2,000,000 |
| The Commit Partnership (TX) Dallas, TX | Develop best-in-class career and college advising entity for Dallas county students by helping to transform and expand local ngo called education is freedom. Grant will fund additional program staff, a development team, and adoption of data to support onboarding of 2 additional dallas school districts. (year 1 of 2-year $4m grant) | $2,000,000 |
| NYC Kids Rise Inc Long Island City, NY | Develop a comprehensive blueprint for neighborhood-based financial empowerment infrastrusture (year 1 and 2 of 3-year $3.75m grant). | $1,500,000 |
| International Rescue Committee New York, NY | Support for global crisis response fund (year 1 of 3-year $3m grant) | $1,000,000 |
| Partners for Rural Impact Inc (National) Berea, KY | Support the development of a national rural network, sponsor 6 rural convenings, establish pris capacity to fund on-the-ground organizations to support local leaders in unlocking state and federal grants. Will deploy $200k in micro-grants to 10 practitioners in rural states of our choosing. (year 1 of 2-year $1.5m grant) | $750,000 |
| Spartanburg Academic Movement (SC) Spartanburg, SC | Support sam to lead Union county in developing their own cradle-to-career plan. Sam will also provide no-cost professional development to Union county teachers and admin. Will also sponsor $150k in rapid response grants to existing union-based ngos. (year 1 of 2-year $1.5m grant) | $750,000 |
| Age UK | To fund the delivery of financial benefits program across uk, develop impact measurement systems to track new social impact metrics and indicators, and support the in-house build, development, and piloting of a new and innovative heat map to identify eligible participants | $592,895 |
| Build Commonwealth Inc Boston, MA | Investor diaries research initiative to better understand the motivations and habits of low-to-middle income (LMI) households who have entered the capital markets since 2020. (year 1 of 2-year $1m grant). | $500,000 |
Ready to take the next step with The BlackRock Charitable 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 | $212,082,696 | $17,618,576 | $39,072,013 | $38,117,963 | 43 | $38,664,227 | $17,952,950 | $10,413,861 |
| 2023 | $225,613,681 | $21,129,718 | $31,731,293 | $29,995,107 | 31 | $30,748,073 | $21,036,025 | $11,051,175 |
| 2022 | $224,437,151 | $2,619,994 | $33,392,992 | $32,160,975 | 14 | $32,420,991 | $5,706,668 | $11,719,608 |
| 2021 | $304,949,202 | $10,722,340 | $19,356,683 | $27,476,172 | 28 | $27,836,539 | $10,661,418 | $14,628,346 |
| 2020 | $297,786,163 | $278,601,267 | $22,348,919 | $8,896,650 | 16 | — | $246,889,654 | $8,408,357 |
Under IRS private-foundation payout rules, The BlackRock Charitable Foundation reported a distributable amount of $10.4M 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
BlackRock describes its philanthropic efforts as focused on economic mobility, financial resiliency and sustainability. Its Social Impact team says it identifies, funds and partners with organizations to test and build evidence for innovative solutions with potential for long-term impact and measurable outcomes.
The 2024 grants illustrate support for a range of work. Examples include clean-energy solutions, student exchanges, financial empowerment and savings, career and college advising, rural networks, education and workforce training, and global crisis response. The grantees describe their own work in varied terms: Breakthrough Energy Catalyst Foundation says it funds development and demonstration of emissions-reduction technologies; NYC Kids RISE says it works to expand economic opportunity through a community-driven college savings program; and the International Rescue Committee says it responds to humanitarian crises and helps people survive, recover and regain control of their futures.
Grantmaking
In filing year 2024, the foundation reported 43 grants totaling $38,117,963. Grant amounts ranged from $25,000 to $20 million, with a median of $250,000.
Among the largest reported grants were $20 million to Breakthrough Energy Catalyst Foundation for clean-energy solutions; $2.5 million to the US-Japan Council for a student-exchange endowment; and $2 million each to Build Commonwealth for work on savings and financial security, and The Commit Partnership for college and career advising in Dallas County. Other notable grants included $1.5 million to NYC Kids RISE for neighborhood-based financial empowerment infrastructure and $1 million to the International Rescue Committee for its Global Crisis Response Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John Kelly as chair and director; Claire Chamberlain as co-president and president beginning March 1, 2024; and Gemma Gooch as co-president through February 29, 2024. It also lists Brenda Schulz as secretary and Jasrine Liju as treasurer.
Directors listed on the filing include Thomas Donilon and Robert Kapito. Anne Ackerley, Jim Badenhausen and Stephen Cohen are also listed as directors, with end dates during 2024.
The BlackRock Charitable Foundation is led by Claire Chamberlain, Co-President & President since 2024 (on filings since 2020); none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Claire Chamberlain
Co-President & President
Co-President → Co-President & Director, 2023
Co-President & Director → Co-President & President, 2024
On filings since 2020
24 hrs/week
No compensation reported
John Kelly
Chair & Director
On filings since 2023
2 hrs/week
No compensation reported
Mark McCombe
Director
On filings since 2020
0 hrs/week
No compensation reported
Robert Kapito
Director
On filings since 2020
0 hrs/week
No compensation reported
Thomas Donilon
Director
On filings since 2021
0 hrs/week
No compensation reported
Caroline Heller
Director
On filings since 2023
0 hrs/week
No compensation reported
Michelle Gadsden-Williams
Director
New on the 2024 filing
0 hrs/week
No compensation reported
Sarah Melvin
Director
New on the 2024 filing
0 hrs/week
No compensation reported
Brenda Schulz
Secretary
On filings since 2023
5 hrs/week
No compensation reported
Jasrine Liju
Treasurer
On filings since 2023
25 hrs/week
No compensation reported
Former officers (14)
- Former: Anne Ackerley (2020–2024) — Director · Filing note: Through 712024
- Former: Jim Badenhausen (2020–2024) — Director · Filing note: Through 412024
- Former: Gemma Gooch (2021–2024) — Co-President · Filing note: Through 2292024
- Former: Stephen Cohen (2021–2024) — Director · Filing note: Through 7112024
- Former: Karolina Walecik (2020–2023) — Secretary & Treasurer · Filing note: Through 432023
- Former: Dalia Blass (2021–2023) — Chair & Director · Filing note: Through 552023
- Former: Joud Abdel Majeid (2021–2023) — Director · Filing note: Through 3142023
- Former: Manish Mehta (2021–2023) — Director · Filing note: Through 3142023
- Former: Nate Hurst (2022–2023) — Vice Chair & Director · Filing note: Through 6282023
- Former: Frank Cooper III (2020–2022) — Director · Filing note: Through 5202022
- Former: Deborah Winshel (2020–2021) — Chair, President & Director · Filing note: Through 762021
- Former: Rachel Lord (2020–2021) — Director · Filing note: Through 4282021
- Former: Ryan Stork (2020–2021) — Director · Filing note: Through 412021
- Former: Arielle Miller (2020) — Secretary & Director
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.
Frequently asked questions about The BlackRock Charitable Foundation
How much does The BlackRock Charitable Foundation give each year?
The BlackRock Charitable Foundation gave $38.1M across 43 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $30.0M across 31 grants.
What is The BlackRock Charitable Foundation's typical grant size?
The BlackRock Charitable Foundation's median grant in 2024 was $250,000, and its average grant was $886,464, across 43 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The BlackRock Charitable Foundation that year got $517K on average.
Where does The BlackRock Charitable Foundation give grants?
The BlackRock Charitable Foundation gives mostly in Washington: 52% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (9%) and District of Columbia (8%). The most frequent recipient cities were Washington DC, DC (5 grants), Boston, MA (2 grants), Spartanburg, SC (2 grants) and Los Angeles, CA (2 grants).
Does The BlackRock Charitable Foundation give general operating support?
Occasionally: 2% of The BlackRock Charitable Foundation's 2024 grants with a stated purpose (1 of 43) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The BlackRock Charitable Foundation's largest grantees?
The BlackRock Charitable Foundation's largest 2024 grantees include Breakthrough Energy Catalyst Foundation ($20,000,000), Build Commonwealth Inc ($2,500,000 across 2 grants) and US-Japan Council ($2,500,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.
How large is The BlackRock Charitable Foundation?
The BlackRock Charitable Foundation reported $212.1M in total assets on its 2024 IRS Form 990-PF. It paid out $38.7M in qualifying distributions that year, against a required minimum of $10.4M (roughly 5% of its investment assets).
What does The BlackRock Charitable Foundation fund?
BlackRock describes its philanthropic efforts as focused on economic mobility, financial resiliency and sustainability. See mission & focus areas ↑
How do I apply for a grant from The BlackRock Charitable Foundation?
The foundation does not accept unsolicited requests for funds and states that 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 The BlackRock Charitable Foundation's EIN?
The BlackRock Charitable Foundation's EIN (Employer Identification Number) is 84-2144591. IRS Form 990 filing data is available on this page for 2020–2024.
Does The BlackRock Charitable 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 2020–2024
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Cite this profile
Grantable. (2026). The BlackRock Charitable Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-blackrock-charitable-foundation-morg_717179fa3a574eccaea7bfcac4fd57b1
BibTeX
@misc{grantable_842144591_2026,
author = {{Grantable}},
title = {{The BlackRock Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-blackrock-charitable-foundation-morg_717179fa3a574eccaea7bfcac4fd57b1},
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 The BlackRock Charitable 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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