Private foundation (trust)EIN 823859833Est. 2018-08

ALGAR FOUNDATION

BOSTON, MA 02109

Total Assets

$15.0M

FY 2024

Annual Giving

$858K

FY 2024

Grants Made

42

FY 2024

Avg Grant

$20K

FY 2024

Grant Range

$2K–$400K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$642K

Total Expenses

$955K

Qualifying Distributions

$887K

Distributable Amount

$719K

Min. Investment Return

$727K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

42 grants

Grant sizes from minimum $2K through median $5K to maximum $400K, 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

4 years

Giving over time from 2020 to 2024. Peak $870K in 2020. Hover bars for details.

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

Top Recipients

156 grants

CAMBRIDGE SCHOOL OF WESTON
$583K
2 grants
MAINE COLLEGE OF ART AND DESIGN
$425K
2 grants
NEW VENTURE FUND FBO THE FUND FOR A SAFER FUTURE
$200K
4 grants
GUNSDOWN INC
$185K
5 grants
ISSUE ONE
$160K
6 grants
UTEC
$145K
4 grants
BREAKWATER LEARNING
$128K
4 grants
COLLEGE FOR SOCIAL INNOVATION
$100K
4 grants

Grant Size Distribution

156 grants

<$10K
114
grants
$10–50K
38
grants
$50–250K
2
grants
$250K–1M
2
grants
$1–5M
$5M+

Geographic Focus

11 states

Massachusetts
$1.0M
35% of total
Maine
$818K
29% of total
District of Columbia
$570K
20% of total
Florida
$180K
6% of total
California
$107K
4% of total
New York
$57K
2% of total
Virginia
$55K
2% of total
Vermont
$30K
1% of total
Hawaii
$10K
0% of total
North Carolina
$10K
0% of total

+1 more states

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ALGAR FOUNDATION — Grants, Financials & Contact | Grantivo