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Albatross Foundation is a private corporation based in SAN DIEGO, CA. The foundation received its IRS ruling in 2007. The principal officer is % Brent V Woods. It holds total assets of $28.3M. Annual income is reported at $4.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Albatross Foundation has made 55 grants totaling $6.7M, with a median grant of $25K. The foundation has distributed between $1.3M and $2.7M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.7M distributed across 26 grants. Individual grants have ranged from $10K to $950K, with an average award of $123K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in California and New Jersey and Massachusetts. Contributions to this foundation are tax-deductible.
Albatross Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in CA, NJ, MA.
Albatross Foundation has distributed a total of $6.7M across 55 grants. The median grant size is $25K, with an average of $123K. Individual grants have ranged from $10K to $950K.
Albatross Foundation typically selects its grantees rather than accepting unsolicited proposals.
Albatross Foundation is headquartered in SAN DIEGO, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brent V Woods | President | $0 | $0 | $0 |
| Laurie C Mitchell | Secretary/Treas | $0 | $0 | $0 |
| Marilyn J Woods | Director | $0 | $0 | $0 |
Total Giving
$1.4M
Total Assets
$26.8M
Fair Market Value
$26.8M
Net Worth
$26.8M
Grants Paid
$1.3M
Contributions
$271K
Net Investment Income
$1.2M
Distribution Amount
$1.2M
Total: $26.6M
Total Grants
55
Total Giving
$6.7M
Average Grant
$123K
Median Grant
$25K
Unique Recipients
14
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Amherst CollegeGeneral Support | Amherst, MA | $10K | 2021 |
| The New Children'S MuseumGeneral Support | San Diego, CA | $950K | 2023 |
| Princeton UniversityGeneral Support | Prniceton, NJ | $100K | 2023 |
| San Diego Museum Of ArtGeneral Support | San Diego, CA | $50K | 2023 |
| Mingei International MuseumGeneral Support | San Diego, CA | $50K |
Other foundations that have funded Albatross Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Vard Hunt Family Foundation Inc. | $1K | 2023 | TO FUND EDUCATION |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| The Old GlobeGeneral Support | San Diego, CA | $50K | 2023 |
| Museum Of Contemporary ArtGeneral Support | San Diego, CA | $30K | 2023 |
| San Diego Youth ServicesGeneral Support | San Diego, CA | $25K | 2023 |
| Barrio Logan College InstituteGeneral Support | San Diego, CA | $25K | 2023 |
| San Diego Parks FoundationGeneral Support | San Diego, CA | $15K | 2023 |
| Voices For ChildrenGeneral Support | San Diego, CA | $10K | 2023 |
| Zoological Society Of San DiegoGeneral Support | San Diego, CA | $250K | 2022 |
| Balboa Park ConservancyGeneral Support | San Diego, CA | $50K | 2022 |
| La Jolla Histrorical SocietyGeneral Support | La Jolla, CA | $13K | 2022 |
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