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Alabaster Fund is a private corporation based in TRAVERSE CITY, MI. The foundation received its IRS ruling in 2003. It holds total assets of $2M. Annual income is reported at $784K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Michigan, New York and Delaware. According to available records, Alabaster Fund has made 7 grants totaling $642K, with a median grant of $35K. Annual giving has decreased from $430K in 2022 to $212K in 2023. Individual grants have ranged from $20K to $212K, with an average award of $92K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and California and Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$20K
Average Grant
$19K
Largest Grant
$35K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alabaster Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NY, CA, MI.
Alabaster Fund has distributed a total of $642K across 7 grants. The median grant size is $35K, with an average of $92K. Individual grants have ranged from $20K to $212K.
Alabaster Fund typically selects its grantees rather than accepting unsolicited proposals.
Alabaster Fund is headquartered in TRAVERSE CITY, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Madison Falconer | TRUSTEE | $0 | $0 | N/A |
| Leslie M Falconer | VICE PRESIDENT | $0 | $0 | N/A |
| Erik J Falconer | PRESIDENT/SECRETARY/TREASU | $0 | $0 | N/A |
| Emily Falconer | TRUSTEE | $0 | $0 | N/A |
| Sierra Falconer | TRUSTEE | $0 | $0 | N/A |
Total Giving
$243K
Total Assets
$2.1M
Fair Market Value
$2.7M
Net Worth
$2.1M
Grants Paid
$212K
Contributions
N/A
Net Investment Income
$29K
Distribution Amount
$128K
Total: $121K
Total Grants
7
Total Giving
$642K
Average Grant
$92K
Median Grant
$35K
Unique Recipients
3
Most Common Grant
$160K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fractured AtlasFLOCK PROGRAM | New York, NY | $212K | 2023 |
| Giving Back FundGENERAL | Los Angeles, CA | $35K | 2022 |
| Company Dance TraverseGENERAL | Traverse City, MI | $20K | 2022 |