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Volcker Alliance Inc

Foundation · Grantmaker New York, NY EIN: 45-4585989 Website

THE VOLCKER ALLIANCE IS A NONPROFIT FOUNDED BY FORMER FEDERAL RESERVE BOARD CHAIRMAN PAUL A. VOLCKER DEDICATED TO ADVANCING HIS VISION OF AN EMPOWERED PUBLIC SECTOR WORKFORCE.

Key facts about Volcker Alliance Inc

EIN
45-4585989
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$376,593
Grants made (2024)
9
Average grant
$41,844
Median grant
$39,318
Total assets
$22,803,099
Primary geography
Arizona (31% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Volcker Alliance Inc funds

By grant dollars, the top recipient states for Volcker Alliance Inc's 9 itemized 2024 grants were Arizona (31%), Georgia (26%) and Florida (11%). The most frequent recipient cities were Tempe, AZ (2 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "Implementation of Nextgen Service Corps" (7 grants).

How Volcker Alliance Inc gives

  • Giving fell 39% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Volcker Alliance Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$22.8M

+0.9% YoY

Annual Giving

$377K

+121.2% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$42K

+145.8% YoY

About Volcker Alliance Inc

Based on IRS filings

Volcker Alliance Inc is a nonprofit organization focused on Public, Societal Benefit, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.8M in total assets. In 2024, it awarded 9 grants totaling $377K. Net investment income was $699K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

18states

Share of all 9 itemized 2024 grant dollars.

Cities

AtlantaKansas CityLos AngelesPittsburgRomeovilleSanta MonicaTempeBaltimoreCarsonHarrisonburgHoustonMadisonRaleighAlbanyAlbuquerqueAlexandriaBloomingtonDurhamLincolnMiami

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$9M20202021202220232024
Metric202420232022
Total Assets$22,803,099$22,606,082$20,293,018
Revenue$4,554,035$5,262,215$2,666,702
Expenses$6,334,965$5,150,241$4,878,547
Qualifying Distributions———
Net Investment Income$698,811$129,929$-119,702
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$154K$307K$461K$615K9 grants20207 grants202112 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Arizona State University Foundation for a New American University: $116K across 2 grantsArizona State UniversityFoundation for a New American…$116K · 2 grantsAlbany State University: $50KAlbany State University$50KClark Atlanta University: $48KClark Atlanta University$48KFlorida International University: $41KFlorida InternationalUniversity$41KUniversity of Southern California: $39KUniversity of SouthernCalifornia$39KUniversity of Baltimore Schaefer Center for Public Policy: $35KUniversity of BaltimoreSchaefer Center for Public…$35KUniversity of Wisconsin-Madison: $30KUniversity ofWisconsin-Madison$30KJames Madison University: $17KJames Madison University$17K

Grant Size Distribution

47 grants across all recorded years

31<$50K9$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Arizona State University Foundation for a New American University ($115,990 across 2 grants), Albany State University ($49,994), Clark Atlanta University ($47,939).

RecipientPurposeAmount
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Tempe, AZMACARTHUR FOUNDATION SAFETY AND JUSTICE CHALLENGE PASS THROUGH GRANT$80,990
ALBANY STATE UNIVERSITY Albany, GAIMPLEMENTATION OF NEXTGEN SERVICE CORPS$49,994
CLARK ATLANTA UNIVERSITY Atlanta, GAIMPLEMENTATION OF NEXTGEN SERVICE CORPS$47,939
FLORIDA INTERNATIONAL UNIVERSITY Miami, FLIMPLEMENTATION OF NEXTGEN SERVICE CORPS$41,432
UNIVERSITY OF SOUTHERN CALIFORNIA Los Angeles, CASTUDYING THE PUBLIC SECTOR WORKFORCE$39,318
ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMERICAN UNIVERSITY Tempe, AZIMPLEMENTATION OF NEXTGEN SERVICE CORPS$35,000
UNIVERSITY OF BALTIMORE SCHAEFER CENTER FOR PUBLIC POLICY Baltimore, MDIMPLEMENTATION OF NEXTGEN SERVICE CORPS$34,896
UNIVERSITY OF WISCONSIN-MADISON Madison, WIIMPLEMENTATION OF NEXTGEN SERVICE CORPS$29,874
JAMES MADISON UNIVERSITY Harrisonburg, VAIMPLEMENTATION OF NEXTGEN SERVICE CORPS$17,150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Sara Mogulescu — President: $404KSara MogulescuPresident$404KMelissa Austin — Chief Operating Officer: $247KMelissa AustinChief Operating Officer$247KWilliam Glasgall — Senior Director, Public Finance: $244KWilliam GlasgallSenior Director, Public Finance$244K35321MAGGIE Mello — Senior Director, Public Sector: $166K35321MAGGIE MelloSenior Director, Public Sector$166KBrett Hunt — Sr. Director, Next Generation: $159KBrett HuntSr. Director, Next Generation$159KPeter Morrissey — Director, Talent and Strategy: $157KPeter MorrisseyDirector, Talent and Strategy$157KNoah Winn-Ritzenberg — Director, Research and Impact: $136KNoah Winn-RitzenbergDirector, Research and Impact$136KEmily Bolton — Executive Vice President Thru 2/2024: $58KEmily BoltonExecutive Vice President Thru…$58KThomas W Ross — Vice Chairman: $42KThomas W RossVice Chairman$42K

From 2024 IRS filing

NameTitleHoursCompensation
Sara MogulescuPresident40$403,774
William BradleyChairman1—
Thomas W RossVice Chairman5$42,151
Anthony DowdTreasurer5—
Sheila BairBoard Member1—
Thomas M DavisBoard Member1—
T Eloise FosterBoard Member1—
Anthony FoxxBoard Member1—
Shirley Clarke FranklinBoard Member1—
Francis FukuyamaBoard Member1—
Stephanie MinerBoard Member1—
Norman J OrnsteinBoard Member1—
Jennifer PahlkaBoard Member1—
Michael PiwowarBoard Member1—
William RhodesBoard Member1—
James P VolckerBoard Member1—
Antonio WeissBoard Member1—
Melissa AustinChief Operating Officer40$246,519
William GlasgallSenior Director, Public Finance40$243,792
Brett HuntSr. Director, Next Generation40$159,072
35321MAGGIE MelloSenior Director, Public Sector40$165,723
Peter MorrisseyDirector, Talent and Strategy40$157,348
Noah Winn-RitzenbergDirector, Research and Impact40$135,650
Emily BoltonExecutive Vice President Thru 2/202440$58,032

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Volcker Alliance Inc?

Volcker Alliance Inc is a nonprofit organization focused on Public, Societal Benefit, based in New York, NY. It holds $22.8M in total assets as of 2024.

How large is Volcker Alliance Inc?

As of 2024, Volcker Alliance Inc holds $22.8M in total assets with $4.6M in annual revenue. It awarded 9 grants totaling $377K in 2024.

Where does Volcker Alliance Inc operate?

Volcker Alliance Inc has awarded grants in Arizona, California, District of Columbia, Florida, Georgia, Illinois, Indiana, Maryland, Missouri, North Carolina, Nebraska, New Jersey, New Mexico, Pennsylvania, Texas, Virginia, Washington, Wisconsin.

What size grants does Volcker Alliance Inc award?

In 2024, Volcker Alliance Inc awarded 9 grants totaling $377K — an average of about $42K per grant, based on its IRS Form 990 filings.

What is Volcker Alliance Inc's EIN?

Volcker Alliance Inc's EIN (Employer Identification Number) is 45-4585989. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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