Endowment / Foundation

Updated:

American Red Cross

The American Red Cross was established in 1881. Cliff Holtz serves as President and Chief Executive Officer while Gail J. McGovern chairs the Board of...

American Red Cross logo

American Red Cross

The American Red Cross was established in 1881. Cliff Holtz serves as President and Chief Executive Officer while Gail J. McGovern chairs the Board of Governors. The organization functions as a foundation and asset owner that channels resources into emergency response rather than family wealth preservation. Its activities center on disaster relief, blood collection and distribution, life-saving training, international aid, and support for military families. The group maintains exposure to real estate through owned facilities and holds a cryptocurrency donation portfolio. Geographic reach covers the United States with named sites in California and Illinois in addition to the Washington, DC headquarters. The organization lists 58 professionals in its Altss record and maintains the American National Red Cross Foundation as an adjacent vehicle. It belongs to the Tiffany Circle network and the International Federation of Red Cross and Red Crescent Societies. No operational events from the last 24 months appear in the supplied sources. Governance rests with a Board of Governors that includes executives from Mastercard and U.S. Bancorp. This structure separates philanthropic operations from any direct investment mandate.

General information

Firm type

Endowment / Foundation

Year founded

1881

Location

Region

North America

Country

United States

City

Washington

Corporate office

Washington, DC, United States

Additional offices

Arcadia, CA · Pasadena, CA · Chicago, IL

Principals

Gail J. McGovern

Chairman of the Board of Governors

Cliff Holtz

President and Chief Executive Officer

Christina Chiu

Board Member

Michael Miebach

Board Member

Gunjan Kedia

Board Member

Sector focus

PhilanthropyDisaster Relief

Frequently asked questions

Who runs investment decisions at American Red Cross?

The Board of Governors oversees asset decisions. Gail J. McGovern serves as Chairman. No dedicated CIO is named in the record.

Does American Red Cross participate in fund commitments or only direct deals?

The record shows direct ownership of real assets and a cryptocurrency donation portfolio. No fund commitments are listed.

Where does the underlying wealth come from?

Resources derive from donations, blood services revenue, and grants rather than a single family source.

Does American Red Cross maintain philanthropic structures, and how are they separated?

It operates the American National Red Cross Foundation as a distinct vehicle. Operations and asset holdings remain under the main organization.

What is American Red Cross's known posture on co-investments alongside external GPs?

No co-investment activity with external GPs is recorded in the supplied sources.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on endowments & foundations?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Washington Endowment / Foundation profiles