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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. Total assets have grown from $20.2M in 2011 to $26.8M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in California, New Jersey and Massachusetts. 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.
The Albatross Foundation is a San Diego-based private family foundation managed entirely by the Woods family — Brent V Woods (President), Laurie C Mitchell (Secretary/Treasurer), and Marilyn J Woods (Director), all uncompensated volunteers. This structure signals a highly personal philanthropy where giving decisions reflect the direct preferences and existing relationships of the founding principals rather than a staffed program office with formal review cycles. The contact listed in foundation records is 'c/o Brent V Woods,' reinforcing that all meaningful engagement runs through a single decision-maker.
The foundation's grantmaking philosophy centers on sustained, unrestricted general operating support for San Diego's premier cultural and civic institutions. Of the 14 distinct grantees documented in foundation records, 10 have received 3-5 consecutive annual grants — a strong indicator that once the foundation commits to an organization, it renews year after year. The New Children's Museum exemplifies this dynamic: five grants totaling $3.32 million (averaging $664,000 annually), making it the anchor relationship and accounting for nearly half of all documented giving.
The organizations funded cluster tightly around arts and culture infrastructure: children's museums, contemporary art (Museum of Contemporary Art), theater (The Old Globe), historic preservation (Balboa Park Conservancy, La Jolla Historical Society), and zoological societies. A secondary tier includes civic-adjacent causes — youth services (San Diego Youth Services, Barrio Logan College Institute), child advocacy (Voices for Children), and parks conservation (San Diego Parks Foundation). Two elite universities — Princeton (NJ) and Amherst College (MA) — likely reflect personal alumni connections of foundation leadership rather than a formal education priority, as they are geographically anomalous among an otherwise exclusively San Diego portfolio.
First-time applicants must understand that this foundation has no published application portal, no listed deadlines, and application instructions on record are absent. Multiple grant intelligence sources confirm invitation-only or relationship-based engagement — cold submissions will not reach decision-makers. The realistic path to a first grant is a multi-year relationship-building process within San Diego's cultural philanthropic community: board or committee service at Balboa Park institutions (all four major Balboa Park cultural organizations are existing grantees), attendance at San Diego Philanthropy network events, or a warm introduction secured through an existing smaller grantee such as Barrio Logan College Institute or San Diego Youth Services.
Organizations best positioned are San Diego-domiciled 501(c)(3)s in arts, culture, or civic engagement with at least five years of operating history, a physical presence in San Diego County, and the ability to make a credible case for general operating support rather than a restricted project.
The Albatross Foundation has distributed between $1.05 million and $1.495 million annually from 2011 through 2024, with a 10-year average of approximately $1.26 million. FY2024 disbursements of $1,445,000 represent a near-decade high, up from $1,305,000 in FY2023, $1,327,500 in FY2022, and $1,495,000 in FY2021. Year-over-year giving has been remarkably stable, rarely moving more than $200,000 in either direction and never dropping below $1 million in any year on record.
Individual grant sizes span a wide band: minimum approximately $10,000, maximum approximately $900,000 (per foundation records, with FY2024 showing $1.2M to The New Children's Museum), and a median of $25,000. The average of $142,778 is heavily skewed by the anchor grant relationship. In practice, the distribution is bimodal: one or two large anchor grants ($100,000-$1.2M per year) and a longer tail of smaller recurring gifts in the $10,000-$50,000 range. The foundation made approximately nine grants in its most recent year.
Breakdown by sector (based on $6.74 million in cumulative documented giving across 55 grants): - Arts and culture (museums, theater, historic preservation, zoological): approximately 87% of total giving - Education (Princeton University, Amherst College, Barrio Logan College Institute): approximately 5% - Social services (San Diego Youth Services, Voices for Children): approximately 3% - Civic and parks (San Diego Parks Foundation): approximately 2% - Other: approximately 3%
Geographic concentration is pronounced: of 55 documented grants, 48 (87%) went to California organizations, 5 (9%) to New Jersey (Princeton University), and 2 (4%) to Massachusetts (Amherst College). Within California, all grants are to San Diego County organizations exclusively.
The foundation's asset base has grown from $20.2 million (2011) to $28.3 million (2024), a 40% increase. Annual grantmaking grew roughly in step (+38%), consistent with maintaining a ~5% annual distribution rate and preserving endowment value. New grantee entry appears rare: only 14 distinct recipient organizations appear across all records. Smaller grantees — Barrio Logan College Institute at approximately $25,000/year, San Diego Youth Services at approximately $19,000/year — appear to plateau at maintenance-level awards rather than growing over successive grant cycles, while the top-tier relationship (New Children's Museum) commands an order of magnitude more.
The five peer foundations selected for comparison hold assets within $100,000 of Albatross Foundation's $28.3 million asset base and share the NTEE T20 (Philanthropy & Grantmaking) classification. Despite similar asset sizes, their geographic distribution and public profiles differ substantially.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Albatross Foundation (CA) | $28.3M | $1.3-1.4M | Arts & Culture, San Diego | Invitation Only |
| Zia & Rabia Bhatti Foundation (DE) | $28.3M | Est. ~$1.4M | Philanthropy & Grantmaking | No public website |
| Deupree Family Foundation (TN) | $28.3M | Est. ~$1.4M | Philanthropy & Grantmaking | No public website |
| Robert & Michelle Diener Foundation (TX) | $28.3M | Est. ~$1.4M | Philanthropy & Grantmaking | No public website |
| Oneok Foundation Inc. (OK) | $28.3M | Est. ~$1.4M | Corporate/Community Giving | oneok.org |
Among foundations in this asset tier, Albatross stands out for three characteristics: a clearly documented multi-year grantee portfolio with named recipients and dollar amounts (most peer foundations at this size have sparse public records), a strong sectoral concentration in arts and culture, and a San Diego-specific geographic footprint that effectively limits competition to local organizations. The Oneok Foundation is a corporate foundation tied to ONEOK Inc. (natural gas infrastructure) headquartered in Oklahoma with a Plains-states community giving focus — no meaningful overlap with Albatross. The three remaining family foundations — Bhatti (Delaware), Deupree (Tennessee), and Diener (Texas) — have no public websites, making detailed program comparison impossible, but their state registrations indicate no geographic competition with San Diego-focused applicants. For San Diego arts and culture organizations, Albatross is the standout funder in this asset peer group with the deepest documented commitment to the local cultural sector.
No press releases, news announcements, or leadership changes for the Albatross Foundation were identified in web searches conducted in June 2026. The foundation maintains an intentionally minimal public profile — its website (albatrossfoundation.org) hosts only a contact form and email subscription option, with no news section, grant announcements, annual report, or grantee stories.
The most recent verifiable activity data comes from FY2024 records available via ProPublica Nonprofit Explorer: - Charitable disbursements: $1,445,000 (up 11% from $1,305,000 in FY2023) - Net assets: $28,237,399 at FY2024 year-end - Named FY2024 grants: The New Children's Museum ($1,200,000), The Old Globe ($50,000), San Diego Museum of Art ($50,000) - Revenue: $4,359,609 — an atypically high year driven by $2.49M in asset sales, consistent with a portfolio rebalancing event
Leadership has been fully stable across the complete documented filing history: Brent V Woods (President), Laurie C Mitchell (Secretary/Treasurer), Marilyn J Woods (Director). No compensation, no new trustees, and no organizational structure changes were observed across nine years of available filings (2011-2024).
The consistent annual renewal of grants to The New Children's Museum (5 grants documented), Museum of Contemporary Art (5 grants), The Old Globe (5 grants), San Diego Museum of Art (5 grants), and Mingei International Museum (5 grants) confirms a deeply stable grantee portfolio with no evidence of strategic reorientation, new program areas, or priority shifts in recent years.
There is no open application process. The foundation's official records carry no application portal URL, no application form, and application instructions are documented as absent. Multiple grant intelligence databases confirm invitation-only or relationship-based engagement. Cold letter-of-inquiry packets, email blasts, and portal submissions are categorically ineffective for this funder — there is no mechanism to receive them.
Cultivate relationships through San Diego's cultural infrastructure. President Brent V Woods and the family leadership make all grantmaking decisions personally. Viable entry points include board or committee service at Balboa Park institutions (the Conservancy, San Diego Museum of Art, Mingei, and Zoological Society are all established grantees), attendance at San Diego Philanthropy network events, and relationship-building with existing grantees such as The Old Globe, Barrio Logan College Institute, or San Diego Youth Services — smaller organizations whose leadership may facilitate a warm introduction to the foundation's principals.
Use general operating support framing exclusively. Every single grant across all 55 documented awards is classified as 'General Support.' A restricted project grant, capital campaign contribution, or program-specific proposal has zero precedent in this foundation's portfolio. Frame all conversations around institutional operating needs, organizational capacity, and mission sustainability — never around a deliverable, event, or restricted output.
Calibrate the initial ask to relationship stage. The documented median grant is $25,000 and the smallest grants begin at $10,000. A first-year ask in the $15,000-$25,000 range signals appropriate scale awareness. Established anchor relationships (The New Children's Museum at $1.2M annually) took multiple grant cycles to reach that level — requesting a large gift before trust is established signals poor intelligence about the funder.
Time outreach to Q1-Q2. Based on fiscal year financial reporting patterns and typical private foundation review timelines, relationship cultivation and initial outreach in January through June best positions an organization for same-year grant consideration. No specific application deadline or review cycle is published.
San Diego operational presence is non-negotiable. Of 55 grants, 48 went to California-based organizations; the 7 exceptions appear tied to personal alumni relationships with specific universities. Organizations without deep San Diego operational roots — local leadership, active programming, and legal domicile in San Diego County — should not target this funder.
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Smallest Grant
$10K
Median Grant
$25K
Average Grant
$143K
Largest Grant
$900K
Based on 9 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.
The Albatross Foundation has distributed between $1.05 million and $1.495 million annually from 2011 through 2024, with a 10-year average of approximately $1.26 million. FY2024 disbursements of $1,445,000 represent a near-decade high, up from $1,305,000 in FY2023, $1,327,500 in FY2022, and $1,495,000 in FY2021. Year-over-year giving has been remarkably stable, rarely moving more than $200,000 in either direction and never dropping below $1 million in any year on record. Individual grant sizes sp.
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.
The Albatross Foundation is a San Diego-based private family foundation managed entirely by the Woods family — Brent V Woods (President), Laurie C Mitchell (Secretary/Treasurer), and Marilyn J Woods (Director), all uncompensated volunteers. This structure signals a highly personal philanthropy where giving decisions reflect the direct preferences and existing relationships of the founding principals rather than a staffed program office with formal review cycles. The contact listed in foundation .
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 |
|---|---|---|---|---|
| Marilyn J Woods | Director | $0 | $0 | N/A |
| Laurie C Mitchell | Secretary/Treas | $0 | $0 | N/A |
| Brent V Woods | President | $0 | $0 | N/A |
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 | 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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA