Funder DirectoryALBANY MUTUAL TELEPHONE FOUNDATION
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Private foundation (trust)EIN 261561849Est. 2009-01

ALBANY MUTUAL TELEPHONE FOUNDATION

ALBANY, MN 56307

Accepts unsolicited proposals

Total Assets

$3.4M

FY 2023

Annual Giving

$145K

FY 2023

Grants Made

8

FY 2023

Avg Grant

$18K

FY 2023

Grant Range

$5K–$50K

Typical

Deadlines

Open / rolling

Applications

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$172K

Total Expenses

$165K

Qualifying Distributions

$149K

Distributable Amount

$157K

Min. Investment Return

$159K

Payout rate 95%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.95%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $5K through median $10K to maximum $50K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2023. Peak $193K in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

53 grants

ALBANY AREA SCHOOL
$237K
3 grants
CHURCH OF THE IMMACULATE CONCEPTION
$70K
2 grants
HOLY FAMILY SCHOOL
$68K
4 grants
MOTHER OF MERCY FOUNDATION
$55K
3 grants
STEARNS COUNTY PIONEER CLUB
$45K
2 grants
FREEPORT FIRE DEPARTMENT
$40K
1 grant
ALBANY FIRE DEPARTMENT
$39K
2 grants
ALBANY CHAMBER OF COMMERCE
$37K
2 grants

Grant Size Distribution

53 grants

<$10K
27
grants
$10–50K
23
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Minnesota
$959K
100% of total

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ALBANY MUTUAL TELEPHONE FOUNDATION — Grants, Financials & Contact | Grantivo