ALKU FOUNDATION INC

Reported officers (all unpaid)

No paid executives reported in 2024. ALKU FOUNDATION INC reported 5 unpaid officers and board members on its 990-PF.

President/treasurer

Director

Executive Director, See Stmt Attached

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ALKU FOUNDATION INC equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)

22%

Sector median

15%

Middle half of sector

5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$864k

Itemized grants

Median grant

$5k

Recipient	Location	Purpose	Amount
MASS MENTORING PARTNERSHIP	BOSTON, MA	GENERAL OPERATING GRANT	$155k
SILVER LINING MENTORING	WALTHAM, MA	GENERAL OPERATING GRANT	$65k
REPRODUCTIVE EQUITY NOW FOUNDATION	BOSTON, MA	GENERAL OPERATING GRANT	$60k
COACHING 4 CHANGE	TAUNTON, MA	GENERAL OPERATING GRANT	$55k
SHINE INITIATIVE	WORCESTER, MA	GENERAL OPERATING GRANT	$51k
A BETTER CHANCE OF ANDOVER	ANDOVER, MA	GENERAL OPERATING GRANT	$45k
BOYS AND GIRLS CLUB OF BOSTON	ROXBURY, MA	GENERAL OPERATING GRANT	$40k
GIRLS ON THE RUN GREATER BOSTON	BOSTON, MA	GENERAL OPERATING GRANT	$40k
THIRD SECTOR NEW ENGLAND (FUTURE CHEFS)	BOSTON, MA	GENERAL OPERATING GRANT	$35k
GIRL START	AUSTIN, TX	GENERAL OPERATING GRANT	$30k
BOSTON SCORES	BOSTON, MA	GENERAL OPERATING GRANT	$20k
YOUNG MAN WITH A PLAN	HYDE PARK, MA	GENERAL OPERATING GRANT	$15k
BAGLY	BOSTON, MA	GENERAL OPERATING GRANT	$10k
BOSTON PARTNERS IN EDUCATION	BOSTON, MA	GENERAL OPERATING GRANT	$10k
CATIES CLOSET	DRACUT, MA	GENERAL OPERATING GRANT	$10k
CITY SCHOOL	DORCHESTER, MA	GENERAL OPERATING GRANT	$10k
DOVE	QUINCY, MA	GENERAL OPERATING GRANT	$10k
EMPOWER	COHASSET, MA	GENERAL OPERATING GRANT	$10k
KIDS IN TECH	LOWELL, MA	GENERAL OPERATING GRANT	$10k
MOSAIC INTERFAITH YOUTH ACTIVITY	NEWTON HIGHLANDS, MA	GENERAL OPERATING GRANT	$10k
THE FOOD PROJECT	LINCOLN, MA	GENERAL OPERATING GRANT	$10k
YOUTH ENRICHMENT SERVICES	BOSTON, MA	GENERAL OPERATING GRANT	$10k
COMMUNITY ART CENTER	CAMBRIDGE, MA	GENERAL OPERATING GRANT	$8k
826 BOSTON	ROXBURY, ME	GENERAL OPERATING GRANT	$5k
A BETTER CHANCE OF WINCHESTER	WINCHESTER, ME	GENERAL OPERATING GRANT	$5k

Compare this foundation's grantees

Financial trend

Revenue and expenses over time

ALKU FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses

$5.8M

$848k

2023

$3.7M

$893k

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

ALKU FOUNDATION INC 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 →

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