Giving to the Horatio Alger Association

The Association, a 501(c) (3) nonprofit educational organization, is wholly funded by private sector support. Members of the Association, organizations and individuals annually give millions of dollars to ensure the continued success and expansion of the Horatio Alger mission. A variety of different possibilities are available for giving; foremost of which is attending or making an educational contribution to the Annual Horatio Alger Awards Induction Ceremonies. The Association also has several programs of annual giving in the form of Giving Clubs. Group and individual donors who are not Members of the Association are formally recognized as Friends of Distinction.

More information on giving to the Association is available below.

Annual Horatio Alger Awards Induction Ceremonies

The Annual Horatio Alger Awards Induction Ceremonies are held in our nation’s capital each spring to present the Horatio Alger Award to ten outstanding Americans. Over 1,000 Members and guests attend the dinner. Members of the Association, organizations and individuals are invited to attend or make a general contribution in support of the Association’s educational programs. These contributions underwrite the programs offered by the Association. All contributors are acknowledged in the Association’s printed materials. The Awards include several special events held in conjunction with the Induction Ceremony. Contributions to the Induction Ceremony in excess of the fair market value for service received are tax-deductible. Please contact the Association for more information pertaining to the Awards Induction Ceremonies.

Giving Clubs

Support from both Members and Friends of the Association is necessary to successfully meet the goal of awarding more than $12 million in scholarships annually. The Association offers two giving clubs to support the educational programs and activities of the Association. Membership in giving clubs is available to both Members and non-Members.

Founder's Club—club members pledge to contribute $20,000 annually over five years to the Association’s scholarship fund, for a total of $100,000.
Chairman’s Club—club members pledge to contribute $10,000 annually over five years to the Association’s scholarship fund, for a total of $50,000.

Additional information on the giving clubs is available from the Association’s headquarters.

Friends of Distinction

Friends of Distinction, the name given exclusively to donors who are not Members of the Association, can be individuals, foundations and corporations committed to upholding and advancing the mission of the Association through financial support of its educational programs. Friends of Distinction are recognized by the Members of the Horatio Alger Association for their support of one or more of the following programs: capital campaign, state scholarship programs, giving clubs, or through a general contribution. Becoming a Friend of Distinction is a way that individuals who are not Members of the Association may become formally affiliated with, and recognized, by the Horatio Alger Association for sharing in its mission and supporting its programs. For more information about how to become a Horatio Alger Friend of Distinction, contact the Association’s headquarters. To download the Friends of Distinction brochure, click the thumbnail.

Planned Giving

Members and friends of the Association who wish to help secure the future of the educational programs may do so through a planned gift or bequest to the Association. A planned gift or bequest may take the form of cash, real estate, securities, insurance policies, tangible property, or other assets. A gift to the Association can also benefit heirs by helping alleviate the tax burden levied on inheritances. Additional information on all aspects of bequests and planned giving is available from the Association’s headquarters.

Endowment Fund

The Association's Endowment Fund was established to ensure the future of the Association's educational programs and activities. Any person or entity may make a contribution to the Endowment Fund. Contributions to the Endowment Fund are tax-deductible to the donor. The Association is exempt from all taxes on the gift and the income that is received from the Endowment Fund. This allows 100 percent of the contribution to be held in the Endowment Fund with 100 percent of the income annually supporting the mission of the Association. The Association’s Endowment Fund is managed by a committee appointed by the President of the Association. Contributions to the Endowment Fund are invested today for income and growth, ensuring the future strength and security of the educational programs of the Association.

Grants

Corporations, foundations, organizations and individuals offer support for special programs of the Association. These programs focus on specialized scholarships, internships and other educational activities. At the request of the donor, contributions may be designated to support a specific project or program. The Association’s staff will develop specific project proposals for organizations and individuals interested in contributing to the success of the programs.

Combined Federal Campaign of the National Capital Area

The Horatio Alger Association of Distinguished Americans has been invited to be included in the 2008 Combined Federal Campaign of the National Capital Area (CFCNCA). The Association is now eligible to receive donations from Federal Government employees seeking to donate to qualified and reputable charities. To learn more about this esteemed honor for the Association and to make a much appreciated contribution, please visit: http://www.cfcnca.org/ (# 77062)

Tax Identification Number

The Association’s federal tax identification number is 13-1669975.