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Filing year 2024

ALGAR FOUNDATION

Boston, Massachusetts·EIN 82-3859833·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$642k
Total assets
$12.2M
Total expenses
$955k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. ALGAR FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President
Treasurer
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$858k

Itemized grants

42

Median grant

$5k

RecipientLocationPurposeAmount
MAINE COLLEGE OF ART AND DESIGNPORTLAND, ME2024 MECA PLEDGE PAYMENT$400k
BREAKWATER LEARNINGPORTLAND, MEUNRESTRICTED$53k
GLOBAL IMPACT FBO FUND FOR A SAFER FUTUREALEXANDRIA, VAUNRESTRICTED$50k
GUNSDOWN INCWASHINGTON, DCUNRESTRICTED$50k
UTECLOWELL, MAUNRESTRICTED$40k
ISSUE ONEWASHINGTON, DCUNRESTRICTED$30k
MAINE COLLEGE OF ART AND DESIGNPORTLAND, MEUNRESTRICTED$25k
MAKE A CHANGE WORLD INCNEW YORK, NYUNRESTRICTED$16k
BROOKLINE ARTS CENTERBROOKLINE, MAUNRESTRICTED$10k
CARIDAD CENTERBOYNTON BEACH, FLUNRESTRICTED$10k
CHILDREN'S MUSEUM AND THEATRE OF MAINEPORTLAND, MEUNRESTRICTED$10k
COLLEGE FOR SOCIAL INNOVATIONBOSTON, MAUNRESTRICTED$10k
MAINE DONOR ALLIANCE FUNDPORTLAND, MEUNRESTRICTED$10k
SAIL MAINE INCPORTLAND, MEUNRESTRICTED$10k
SANDOWAY DISCOVERY CENTERDELRAY BEACH, FLUNRESTRICTED$10k
THE CHILDREN'S ROOMARLINGTON, MAUNRESTRICTED$10k
TIDES FOUNDATION FBO MOVEMENT VOTER FUNDLOS ANGELES, CAMOVEMENT VOTER FUND$10k
WAYNFLETE SCHOOLPORTLAND, MEANNUAL FUND$10k
ACHIEVEMENT CENTERS FOR CHILDREN & FAMILIESDELRAY BEACH, FLUNRESTRICTED$5k
AMERICAN CIVIL LIBERTIES UNION OF MAINEPORTLAND, MEUNRESTRICTED$5k
AMERICAN FRIENDS OF BLUE VENTURESARLINGTON, VAUNRESTRICTED$5k
EARTH ISLAND INSTITUTEBERKELEY, CAUNRESTRICTED$5k
GUANACASTE DRY FOREST CONSERVATION FUNDHUNTINGTON, VTUNRESTRICTED$5k
MARALLIANCESAN FRANCISCO, CAUNRESTRICTED$5k
MECHANICS' HALLPORTLAND, MEUNRESTRICTED$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

ALGAR FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$475k
$565k
2023
$642k
$955k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

ALGAR FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about ALGAR FOUNDATION

What are ALGAR FOUNDATION's revenue and expenses?

In 2024, ALGAR FOUNDATION reported $642k in total revenue and $955k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.