Executive Compensation at the Horatio Alger Association (2023)
The Horatio Alger Association (HAA) is a tax-exempt, non-profit 501 (c) 3, HAA is based in Alexandria, Virginia. The organization is overseen by 75 independent voting members (board members) of the governing body. 69 of the 75 board members (92%) are male while 6 of the 75 members (8%) are female.
At the heart of HAA is the firm belief in achieving the “American Dream” through the free-enterprise system. So, the purpose of this organization appears to be the awarding of grants (but surprisingly only $8.7 million or about 28% of total revenue was awarded in grants in 2023 (which was better than the previous year when $2.4 million was awarded in grants), while the Executive Director, Terrence Giroux received $1.5 million in compensation in 2023 (compared to $5.2 million in 2022). Read more 
Executive Compensation at the Horatio Alger Association (2022)
The Horatio Alger Association (HAA) is a tax-exempt, non-profit 501 (c) 3, HAA is based in Alexandria, Virginia. The organization is overseen by 78 independent voting members (board members) of the governing body. 72 of the 78 board members (92%) are male while 6 of the 78 members (8%) are female.
HAA was named for the gilded age writer, Horatio Alger who wrote about impoverished boys who rose from their humble backgrounds through education and good works to higher echelons of society. Consequently HAA awards need based scholarships and honors the achievements of those who have overcome adversity and obtained personal achievement and success throw perseverance. At the heart of HAA is the firm belief in achieving the “American Dream” through the free-enterprise system. Consequently, grants has historically been the largest expense for the organization (65% of revenue raised in 2021 was awarded in grants but only 11% for $2.4 million was awarded in grants in 2022). Read more
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