Volcker Alliance Inc
New York, NY · EIN 45-4585989. Reported 38 grants totalling $1,590,645 to 27 organizations across tax years 2021-2024, on Form 990 Schedule I.
Does this grantmaker accept applications?
Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.
Three things in the filing do bear on it:
- What kind of organization it is. For Volcker Alliance Inc, the IRS classifies it under public & societal benefit rather than as a grantmaker (NTEE W20) -- it is an operating charity that also makes grants.
- How spread out its giving is. 27 distinct organizations, with 9% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
- How much its list changes. 20% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is below the 57% median for grantmaking charities, and well below the 67% private foundations manage. A list that turns over this much is one a newcomer can realistically join.
How big are its grants?
The median reported grant is $29,937. Half of what it reported fell between $17,150 and $49,994; the smallest was $6,952 and the largest $100,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Arizona State University Foundation for a New American University | Tempe, AZ | $150,990 | 3 | 2 | 2024 |
| Montclair State University | Montclair, NJ | $100,000 | 1 | 1 | 2021 |
| North Carolina Central University | Durham, NC | $100,000 | 1 | 1 | 2021 |
| Pennsylvania State University | State College, PA | $100,000 | 1 | 1 | 2021 |
| Texas Southern University Foundation | Houston, TX | $100,000 | 1 | 1 | 2022 |
| University of Houston | Houston, TX | $100,000 | 1 | 1 | 2021 |
| University of Pittsburgh | Pittsburgh, PA | $100,000 | 1 | 1 | 2021 |
| University of New Mexico | Albuquerque, NM | $99,951 | 1 | 1 | 2022 |
| University of Washington | Seattle, WA | $99,865 | 1 | 1 | 2021 |
| University of Baltimore Schaefer Center for Public Policy | Baltimore, MD | $63,273 | 2 | 2 | 2024 |
| University of Southern California | Los Angeles, CA | $53,770 | 3 | 3 | 2024 |
| Albany State University | Albany, GA | $49,994 | 1 | 1 | 2024 |
| Network of Schools of Public Policy Affairs and Administration | Washington, DC | $48,114 | 1 | 1 | 2022 |
| Clark Atlanta University Inc | Atlanta, GA | $47,939 | 1 | 1 | 2024 |
| Florida International University | Miami, FL | $41,432 | 1 | 1 | 2024 |
| California State University Dominguez Hills Toro Auxiliary Par | Carson, CA | $40,000 | 2 | 2 | 2023 |
| Georgia City Solutions Inc | Atlanta, GA | $40,000 | 2 | 2 | 2023 |
| University of Wisonsin Madison | Madison, WI | $39,874 | 1 | 1 | 2023 |
| James Madison University | Harrisonburg, VA | $34,300 | 2 | 2 | 2024 |
| Rand Corporation | Santa Monica, CA | $31,269 | 2 | 2 | 2023 |
| North Carolina Department of Administration | Raleigh, NC | $30,000 | 1 | 1 | 2022 |
| University of Wisconsin-Madison | Madison, WI | $29,874 | 1 | 1 | 2024 |
| City of Kansas City Missouri | Kansas City, MO | $20,000 | 2 | 2 | 2023 |
| Government College Relations Council Inc | Romeoville, IL | $20,000 | 2 | 2 | 2023 |
| Mid-America Regional Council Community Services Corporation | Kansas City, MO | $20,000 | 1 | 1 | 2023 |
| Carnegie Mellon University | Pittsburgh, PA | $15,000 | 1 | 1 | 2021 |
| Humans of Public Service | Alexandria, VA | $15,000 | 1 | 1 | 2023 |
9 of 27 (33%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.
What the money was for
Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.
- Texas Southern University Foundation
IMPLEMENTATION OF NEXTGEN SERVICE CORPS - University of Pittsburgh
IMPLEMENTATION OF NEXT GEN SERVICE CORPS - Arizona State University Foundation for a New American University
MACARTHUR FOUNDATION SAFETY AND JUSTICE CHALLENGE PASS THROUGH GRANT - University of Southern California
STUDYING THE PUBLIC SECTOR WORKFORCE - North Carolina Department of Administration
GOVERNMENT TO UNIVERSITY TALENT CONNECTION INITIATIVES - Carnegie Mellon University
ADDITIONAL G2U IMPLEMENTATION STIPEND
What kind of organizations it funds
By each recipient's own IRS classification, for the 9 of 27 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.
Giving by year
| Tax year | Grants reported | Total | Median grant |
|---|---|---|---|
| 2021 | 7 | $614,865 | $100,000 |
| 2022 | 12 | $428,942 | $24,188 |
| 2023 | 10 | $170,245 | $16,075 |
| 2024 | 9 | $376,593 | $39,318 |
Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.
Where its money goes
14% of its giving went to organizations in Pennsylvania. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.
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Funders that support the same organizations
These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.
How to approach this grantmaker
- Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
- Check you are its size. The median reported grant is $29,937 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
- Check you are in its geography. Its giving concentrates in Pennsylvania.
- Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.
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Where these numbers come from
Everything above is taken from Volcker Alliance Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred or estimated.
On its most recent return it told the IRS it made grants to 8 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.
Address of record on the latest return: 39 Broadway 1930, New York, NY, 10006.
EIN 45-4585989 · See the original filings on ProPublica · How we build this
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