Funder DirectoryALKU FOUNDATION INC
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Private foundation (trust)EIN 883376597Est. 2023-08

ALKU FOUNDATION INC

ANDOVER, MA 01810

Total Assets

$12.4M

FY 2024

Annual Giving

$864K

FY 2024

Grants Made

58

FY 2024

Avg Grant

$15K

FY 2024

Grant Range

$1K–$155K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$3.7M

Total Expenses

$893K

Qualifying Distributions

$869K

Distributable Amount

$541K

Min. Investment Return

$585K

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

58 grants

Grant sizes from minimum $1K through median $5K to maximum $155K, 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

3 years

Giving over time from 2022 to 2024. Peak $864K in 2024. Hover bars for details.

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

Top Recipients

111 grants

MASS MENTORING PARTNERSHIP
$350K
2 grants
DOVE
$70K
3 grants
SILVER LINING MENTORING
$65K
1 grant
REPRODUCTIVE EQUITY NOW FOUNDATION
$60K
1 grant
COACHING 4 CHANGE
$60K
2 grants
A BETTER CHANCE OF ANDOVER
$60K
2 grants
BAGLY
$60K
2 grants
SHINE INITIATIVE
$51K
1 grant

Grant Size Distribution

111 grants

<$10K
89
grants
$10–50K
15
grants
$50–250K
7
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

7 states

Massachusetts
$1.4M
95% of total
Texas
$35K
2% of total
Vermont
$20K
1% of total
Maine
$15K
1% of total
Connecticut
$5K
0% of total
New York
$414
0% of total
Minnesota
$250
0% of total

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ALKU FOUNDATION INC — Grants, Financials & Contact | Grantivo