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Also known as: C/O GMA FOUNDATIONS
Algar Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2018. The principal officer is % Gma Foundations. It holds total assets of $12.2M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Algar Foundation has made 111 grants totaling $1.8M, with a median grant of $5K. Annual giving has decreased from $1.3M in 2022 to $464K in 2023. Individual grants have ranged from $2K to $250K, with an average award of $16K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Massachusetts, District of Columbia, Maine, which account for 63% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Algar Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 111 grants. Its grantmaking reaches organizations primarily in MA, DC, ME.
Algar Foundation has distributed a total of $1.8M across 111 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $2K to $250K.
Algar Foundation typically selects its grantees rather than accepting unsolicited proposals.
Algar Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diane Garthwaite | PRESIDENT | $0 | $0 | $0 |
| A Alexander Ridley | TREASURER | $0 | $0 | $0 |
| Darcy Brennan Poor | TRUSTEE | $0 | $0 | $0 |
| Colin Brennan | TRUSTEE | $0 | $0 | $0 |
Total Giving
$565K
Total Assets
$12.5M
Fair Market Value
$14.7M
Net Worth
$12.5M
Grants Paid
$464K
Contributions
$0
Net Investment Income
$409K
Distribution Amount
$680K
Total: $9K
Total Grants
111
Total Giving
$1.8M
Average Grant
$16K
Median Grant
$5K
Unique Recipients
51
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Venture Fund Fbo The Fund For A Safer FutureF/B/O THE FUND FOR A SAFER FUTURE | Washington, DC | $50K | 2023 |
| Gunsdown IncUNRESTRICTED | Washington, DC | $40K | 2023 |
| UtecUNRESTRICTED | Lowell, MA | $40K | 2023 |
| Issue OneUNRESTRICTED | Washington, DC | $30K | 2023 |
| Citizens SchoolsUNRESTRICTED | Boston, MA | $30K | 2023 |
| Breakwater LearningUNRESTRICTED |
| Portland, ME |
| $25K |
| 2023 |
| Sandoway Discovery CenterUNRESTRICTED | Delray Beach, FL | $25K | 2023 |
| Maine College Of ArtUNRESTRICTED | Portland, ME | $25K | 2023 |
| Doctors Without Borders Usa IncAID TO TURKEY | New York, NY | $10K | 2023 |
| Full Plates Full PotentialHAUTE LUNCH SPECIAL PLEDGE | Brunswick, ME | $10K | 2023 |
| The Children'S RoomGENERAL OPERATING SUPPORT | Arlington, MA | $10K | 2023 |
| Maine Donor Alliance FundUNRESTRICTED | Portland, ME | $10K | 2023 |
| Sail Maine IncUNRESTRICTED | Portland, ME | $10K | 2023 |
| Brookline Arts CenterUNRESTRICTED | Brookline, MA | $10K | 2023 |
| Caridad CenterUNRESTRICTED | Boynton Beach, FL | $10K | 2023 |
| Center For Disaster PhilanthropyMAUI RECOVERY FUND | Washington, DC | $10K | 2023 |
| Le Jardin Academy2023-24 TUITION OF PIPER INGRAM | Kailua, HI | $10K | 2023 |
| College For Social InnovationGENERAL OPERATING SUPPORT | Boston, MA | $10K | 2023 |
| Surfrider FoundationGENERAL OPERATING SUPPORT | San Clemente, CA | $5K | 2023 |
| Achievement Centers For Children & FamiliesGENERAL OPERATING SUPPORT | Delray Beach, FL | $5K | 2023 |
| American Civil Liberties Union Of MaineUNRESTRICTED | Portland, ME | $5K | 2023 |
| American Friends Of The Ocean CleanupGENERAL OPERATING SUPPORT | New York, NY | $5K | 2023 |
| Children'S Museum And Theatre Of MaineGENERAL SUPPORT | Portland, ME | $5K | 2023 |
| Guanacaste Dry Forest Conservation FundGENERAL OPERATING SUPPORT | Huntington, VT | $5K | 2023 |
| MarallianceGENERAL OPERATING SUPPORT | Houston, TX | $5K | 2023 |
| Planned Parenthood Federation Of AmericaUNRESTRICTED | Washington, DC | $5K | 2023 |
| Planned Parenthood Of Northern New EnglandUNRESTRICTED | Colchester, VT | $5K | 2023 |
| Portland Parks ConservancyGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| St Andrews School Of Boca RatonANNUAL FUND | Boca Raton, FL | $5K | 2023 |
| Tides Foundation Fbo Movement Voter FundMOVEMENT VOTER FUND | Los Angeles, CA | $5K | 2023 |
| Unity SchoolANNUAL FUND | Delray Beach, FL | $5K | 2023 |
| Space GalleryYOUTH PROGRAMMING | Portland, ME | $5K | 2023 |
| Maine NeedsUNRESTRICTED | Portland, ME | $3K | 2023 |
| Skidmore CollegeUNRESTRICTED | Saratoga Springs, NY | $3K | 2023 |
| Venice ArtsGENERAL OPERATING SUPPORT | Marina Del Rey, CA | $3K | 2023 |
| Pitzer CollegePITZER FUND | Claremont, CA | $3K | 2023 |
| Power Speaks LouderGENERAL OPERATING SUPPORT | Moreno Valley, CA | $3K | 2023 |
| National Audubon SocietyUNRESTRICTED | New York, NY | $2K | 2023 |
| Wgbh Educational FoundationWGBH TV | Boston, MA | $2K | 2023 |
| Maine PublicMAINE PUBLIC BROADCASTING NETWORK | Lewiston, ME | $2K | 2023 |
| Trustees Of Boston UniversityWBUR | Boston, MA | $2K | 2023 |
| Maine AudobonGISLAND FARM | Falmouth, ME | $2K | 2023 |
| American Civil Liberties UnionUNRESTRICTED | New York, NY | $2K | 2023 |
| Cambridge School Of WestonGENERAL OPERATING SUPPORT | Weston, MA | $250K | 2022 |
| State Leadership ProjectMAINE DONOR ALLIANCE FUND - EMERGE MAINE | Raleigh, NC | $10K | 2022 |
| Planned Parenthood Of North New EnglandGENERAL OPERATING SUPPORT | Colchester, VT | $5K | 2022 |
| Film Independent Fbo After ThisFOR AFTER THIS | Los Angeles, CA | $5K | 2022 |
| Unity School EndowmentANNUAL FUND | Delray Beach, FL | $5K | 2022 |
| Concord AcademyGENERAL OPERATING SUPPORT | Concord, MA | $3K | 2022 |
| Oxbridge AcademyOXBRIDGE FOOTBALL PROGRAM | West Palm Beach, FL | $3K | 2022 |
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