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The Ahmanson Foundation

Profile

Last Updated: 2016-04-15

At A Glance

The Ahmanson Foundation

9215 Wilshire Blvd.

Beverly Hills, CA United States 90210-5501

Telephone: (310) 278-0770

URL: www.theahmansonfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-10-31)

Assets: $1,133,890,662

Total giving: $49,308,777

EIN

956089998

BRIDGE Number

7472032319

Background

Incorporated in 1952 in CA - Founded by Howard F. Ahmanson and his wife Dorothy. The late Mr. Ahmanson, was a financier who established H.F. Ahmanson & Co., an insurance company that soon became the foremost fire insurance underwriter in California. Eventually, he expanded and built upon his initial financial success culminating in the creation of Home Savings of America — for many years the nation's largest savings and loan association. By 1972, the foundation began to receive the designated proceeds of Howard Ahmanson's estate, along with additional contributions from William H. Ahmanson, Robert H. Ahmanson and Dorothy Grannis Sullivan, significantly increasing the foundation's corpus, and commensurately, the volume and scope of its grantmaking.

Purpose and Activities

Emphasis on education at all levels, the arts and humanities, health and medicine, and a broad range of human service programs.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Collegiate Scholarship Program

Providing scholarship funds based on need to students at 25 private colleges and universities. New applicants not accepted. No direct scholarships to individuals.

Precollegiate Scholarship Program

Providing scholarship funds supporting ethnically diverse and financially disadvantaged students in 35 independent and parochial schools. No direct scholarships to individuals.

Program-Related Investment

The foundation has made a PRI in the form of a low-interest loan to an organization that helps provide underserved students with the highest quality school facilities.

Fields of Interest

Subjects
  • Arts and culture
  • Basic and remedial instruction
  • Domestic violence
  • Education
  • Elementary education
  • Health
  • Higher education
  • Homeless services
  • Human services
  • Humanities
  • Libraries
  • Museums
  • Performing arts
  • Reading promotion
  • Secondary education
  • Sports and recreation
  • Visual arts
  • Youth services
Population Groups
  • Academics
  • Adults
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Homeless people
  • Low-income and poor people
  • People with disabilities
  • People with physical disabilities
  • Seniors
  • Students
  • Substance abusers
  • Young adults

Financial Data

Year ended 2014-10-31

Assets: $1,133,890,662 (market value)

Expenditures: $55,554,080

Total giving: $49,308,777

Qualifying distributions: $51,701,284

Giving activities include:

$49,308,777 for 510 grants (high: $2,500,000; low: $500)

$226,718 for 1 foundation-administered program