Comprehensive foundation profile based on the most recent IRS Form 990 filing
Capital One Foundation Inc, based in McLean, VA, is a philanthropic organization with assets totaling $63,821,096. The foundation focuses on a wide range of subject areas including education, community and economic development, financial services, and human services. It supports initiatives in education services, out-of-school learning, reading promotion, early childhood education, job training, job creation, workforce development, housing development, financial counseling, entrepreneurship, family services, child welfare, child care, and youth development. The foundation has funded projects in various cities across the United States, including Annapolis, Austin, Baltimore, and New York, among others. The foundation's leadership team includes Shena Ashley as President, Vernicka Shaw as Secretary, and Franco Harris as Treasurer, all of whom work on a voluntary basis without compensation. The foundation reported expenses of $11,780,314 and revenue of $21,841,693.
Focus Areas
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Financials
+2.6% from previous year
17 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $3,500,000 | KIVA | REDUCING STRUCTURAL BARRIERS FOR BLACK AND LATINO ENTREPRENEURS | San francisco, CA, US | 2024 |
| $2,750,000 | ROCKWOOD LEADERSHIP INSTITUTE | CAPITAL ONE LEADERSHIP INITIATIVE | Oakland, CA, US | 2023 |
| $1,420,000 | HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES | HSI IMMERSION PROGRAM+ AND HBCU-HSI JOINT IMMERSION PROGRAM (SUMMER 2024) | San antonio, TX, US | 2024 |
| $1,100,000 | STUDENT FREEDOM INITIATIVE | HANDLING EVERYDAY LIFE PROBLEMS FOR STUDENTS (HELPS) PROGRAM | Washington, DC, US | 2023 |
| $989,640 | INSTITUTE FOR ENTREPRENEURIAL LEADERSHIP | ANGEL INCLUSION INITIATIVE | Newark, NJ, US | 2024 |
| $905,000 | BLACK ECONOMIC ALLIANCE FOUNDATION | PREDICTIVE DATA TOOL AND GENERAL OPERATING | Washington, DC, US | 2023 |
| $775,000 | MDRC | INCREASING COLLEGE ACCESS IN WASHINGTON STATE BY OPTIMIZING CHATBOT TECHNOLOGY | New york, NY, US | 2023 |
| $720,000 | MDRC | OPTIMIZING TEXTING TECHNOLOGY THROUGH ENGAGEMENT RESEARCH WITH STUDENTS (OTTERS) PROJECT | New york, NY, US | 2024 |
| $700,000 | HARVARD UNIVERSITY | THE COLLEGE TO CAREER CONNECTION: A RESEARCH AND PRACTICE INITIATIVE | Cambridge, MA, US | 2022 |
| $700,000 | HARVARD UNIVERSITY | THE COLLEGE TO CAREER CONNECTION: A RESEARCH AND PRACTICE INITIATIVE | Cambridge, MA, US | 2023 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
SA
SHENA ASHLEY
| PRESIDENT | $0 | 2024 |
VS
VERNICKA SHAW
| SECRETARY | $0 | 2024 |
FH
FRANCO HARRIS
| TREASURER | $0 | 2024 |
JS
JASON S FRANK
| ASSISTANT SECRETARY | $0 | 2024 |
MA
MICHAEL ANGELO
| ASSISTANT SECRETARY | $0 | 2024 |
SHENA ASHLEY
PRESIDENT
VERNICKA SHAW
SECRETARY
FRANCO HARRIS
TREASURER
JASON S FRANK
ASSISTANT SECRETARY
MICHAEL ANGELO
ASSISTANT SECRETARY
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025