Funder DirectoryMary Alice Arakelian Foundation
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Private foundation (trust)EIN 046155695Est. 1967-10

Mary Alice Arakelian Foundation

Newburyport, MA 01950

Accepts unsolicited proposals

Total Assets

$8.1M

FY 2024

Annual Giving

$628K

FY 2024

Grants Made

28

FY 2024

Avg Grant

$22K

FY 2024

Grant Range

$2K–$200K

Typical

Deadlines

September 1st

Applications

Programs & Activities

Program 1

$542K

Charitable contributions made to non-profit organizations

Program 2

$85K

Scholarships paid directly to universities on behalf of students.

Financial Snapshot

2024 filing

Total Revenue

$456K

Total Expenses

$713K

Qualifying Distributions

$667K

Distributable Amount

$396K

Min. Investment Return

$402K

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

28 grants

Grant sizes from minimum $2K through median $10K to maximum $200K, 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 2024. Peak $628K in 2024. Hover bars for details.

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

Top Recipients

128 grants

Anna Jaques Hospital
$480K
6 grants
Our Neighbor's Table
$255K
5 grants
City of Newburyport
$205K
2 grants
Pettengill House
$205K
6 grants
Trustees of Boston University
$120K
4 grants
Firehouse Center for the Arts
$100K
2 grants
YWCA of Greater Newburyport
$76K
4 grants
Opportunity Works
$70K
3 grants

Grant Size Distribution

128 grants

<$10K
72
grants
$10–50K
47
grants
$50–250K
9
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Massachusetts
$2.3M
91% of total
New Hampshire
$70K
3% of total
Virginia
$60K
2% of total
Michigan
$50K
2% of total
Alabama
$18K
1% of total
Missouri
$15K
1% of total
New York
$10K
0% of total
Illinois
$5K
0% of total

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Mary Alice Arakelian Foundation — Grants, Financials & Contact | Grantivo