The BlackRock Foundation
At a glance
Key takeaways
- If your work builds skills, savings or financial security for people, particularly through skilled-trades training or career pathways, the foundation's stated focus fits, and its priority geography is around the world.
- Most of its grants fall between $100,000 and $2,000,000, and its median grant is $250,000, so a modest request near the lower end of that range suits its typical giving.
- Its largest grant, $20,000,000 to a regranting body, shows that the typical band is not a ceiling.
- Returning grantees account for much of its money, with 69% of grant dollars to organisations in the filing going to groups it had also funded in an earlier filing, so building a relationship over time matters.
- For BlackRock Future Builders, the stated range is $500,000 to $1,000,000, proposals go through an RFP administered by Jobs for the Future, and the foundation says its competitive process seeks partners with the highest, most scalable impact.
Overview
The BlackRock Foundation is a US private foundation based in New York, NY.
What they fund
Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.
Priority Areas
The BlackRock Foundation funds and partners with organisations that strengthen financial security for more people. Its philanthropic investments support economic mobility, financial resiliency and sustainability, and building a financial safety net for underserved and underemployed people. Its giving includes partnerships focused on helping people earn, save and invest, as well as the Future Builders initiative, which supports nonprofits expanding access to skilled-trades training and career pathways. The initiative works with local, regional and national nonprofits to expand programmes that provide high-quality training and routes into skilled-trades careers. The Foundation's work seeks to help people and communities benefit from financial security and economic opportunity.
Themes
- Financial security
- Economic mobility
- Financial resiliency
- Sustainability
- Skilled trades training
Geographic Focus
Priority: Around the world.
How to apply
For Future Builders, organisations submit proposals through the RFP administered by Jobs for the Future, which manages applications and proposal review. The initiative supports nonprofit organisations expanding access to skilled-trades training and career pathways.
Application success factors
- Repeat giving: In its TY2024 filing, 69% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
- Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 88 grants to organisations were $250,000 or less.
What the foundation says:
- The programme supports nonprofits that provide access to high-quality skilled-trades training and career pathways.
- The competitive process seeks partners with the highest, most scalable impact.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2024.
Grant dollars by state
6 other states: 3%
Outside the US or with no state on the filing: 11%
- The largest single recipient received 60% of grant dollars to organisations.
- In tax year 2024, 69% of grant dollars went to organisations The BlackRock Foundation had funded in earlier filings.
- 11% of grant dollars went directly to organisations outside the US (Switzerland, United Kingdom, Canada, Germany).
- 61% of grant dollars went to intermediaries that regrant to other organisations.
Grants
How much do they typically give?
Share of 43 grants in tax year 2024 by size
Median $250k (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- Breakthrough Energy Catalyst Foundation · Advancing the global transition to net-zero by accelerating market adoption of new clean energy solutions (year 3 of 5-year $100m grant).$20,000,0002024 tax year
- Us-Japan Council · Mineta ambassador's program- new education endowment to support student exchanges for u.s. and japanese students$2,500,0002024 tax year
- Commit Partnership · 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)$2,000,0002024 tax year
- Build Commonwealth · 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).$2,000,0002024 tax year
- NYC Kids Rise · Develop a comprehensive blueprint for neighborhood-based financial empowerment infrastrusture (year 1 and 2 of 3-year $3.75m grant).$1,500,0002024 tax year
- International Rescue Committee · Support for global crisis response fund (year 1 of 3-year $3m grant)$1,000,0002024 tax year
- Spartanburg Academic Movement · 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)$750,0002024 tax year
- Partners for Rural Impact · 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)$750,0002024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- Thomas Donilon — Director
- Jasrine Liju — Treasurer
- Brenda Schulz — Secretary
- Claire Chamberlain — Co-President, President (Beg. 3/1/2024)
- John Kelly — Chair & Director
- Sarah Melvin As Of 7112024 — Director
- Michelle Gadsden-Williams As Of 38 — Director
- Caroline Heller — Director
- Mark Mccombe — Director
- Robert Kapito — Director
From the latest Form 990-PF filing
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $33,392,992 | $32,160,975 | $224,437,151 | Filing for 2022 tax year |
| 2023 tax year | $31,731,293 | $29,995,107 | $225,613,681 | Filing for 2023 tax year |
| 2024 tax year | $39,072,013 | $38,117,963 | $212,082,696 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
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At a glance

Applying to The BlackRock Foundation?
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Applying to The BlackRock Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required