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Also known as: C/O GMA FOUNDATIONS
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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 is governed by 4 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 2020 to 2023. Funding is distributed across 4 states, including Maine, Massachusetts, Florida. 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.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$19K
Largest Grant
$333K
Based on 38 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.
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 |
|---|---|---|---|---|
| Colin Brennan | TRUSTEE | $0 | $0 | N/A |
| Darcy Brennan Poor | TRUSTEE | $0 | $0 | N/A |
| A Alexander Ridley | TREASURER | $0 | $0 | N/A |
| Diane Garthwaite | PRESIDENT | $0 | $0 | N/A |
Total Giving
$565K
Total Assets
$12.5M
Fair Market Value
$14.7M
Net Worth
$12.5M
Grants Paid
$464K
Contributions
N/A
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 |
| UtecUNRESTRICTED | Lowell, MA | $40K | 2023 |
| Gunsdown IncUNRESTRICTED | Washington, DC | $40K | 2023 |
| Citizens SchoolsUNRESTRICTED | Boston, MA | $30K | 2023 |
| Issue OneUNRESTRICTED | Washington, DC | $30K | 2023 |
| Maine College Of ArtUNRESTRICTED | Portland, ME | $25K | 2023 |
| Sandoway Discovery CenterUNRESTRICTED | Delray Beach, FL | $25K | 2023 |
| Breakwater LearningUNRESTRICTED | Portland, ME | $25K | 2023 |
| Brookline Arts CenterUNRESTRICTED | Brookline, MA | $10K | 2023 |
| Caridad CenterUNRESTRICTED | Boynton Beach, FL | $10K | 2023 |
| Le Jardin Academy2023-24 TUITION OF PIPER INGRAM | Kailua, HI | $10K | 2023 |
| Center For Disaster PhilanthropyMAUI RECOVERY FUND | Washington, DC | $10K | 2023 |
| Maine Donor Alliance FundUNRESTRICTED | Portland, ME | $10K | 2023 |
| College For Social InnovationGENERAL OPERATING SUPPORT | Boston, MA | $10K | 2023 |
| Sail Maine IncUNRESTRICTED | Portland, ME | $10K | 2023 |
| Full Plates Full PotentialHAUTE LUNCH SPECIAL PLEDGE | Brunswick, ME | $10K | 2023 |
| The Children'S RoomGENERAL OPERATING SUPPORT | Arlington, MA | $10K | 2023 |
| Doctors Without Borders Usa IncAID TO TURKEY | New York, NY | $10K | 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 |
| American Civil Liberties Union Of MaineUNRESTRICTED | Portland, ME | $5K | 2023 |
| American Friends Of The Ocean CleanupGENERAL OPERATING SUPPORT | New York, NY | $5K | 2023 |
| Space GalleryYOUTH PROGRAMMING | Portland, ME | $5K | 2023 |
| Children'S Museum And Theatre Of MaineGENERAL SUPPORT | Portland, ME | $5K | 2023 |
| Achievement Centers For Children & FamiliesGENERAL OPERATING SUPPORT | Delray Beach, FL | $5K | 2023 |
| Guanacaste Dry Forest Conservation FundGENERAL OPERATING SUPPORT | Huntington, VT | $5K | 2023 |
| Portland Parks ConservancyGENERAL OPERATING SUPPORT | Portland, ME | $5K | 2023 |
| Planned Parenthood Of Northern New EnglandUNRESTRICTED | Colchester, VT | $5K | 2023 |
| MarallianceGENERAL OPERATING SUPPORT | Houston, TX | $5K | 2023 |
| Surfrider FoundationGENERAL OPERATING SUPPORT | San Clemente, CA | $5K | 2023 |
| Planned Parenthood Federation Of AmericaUNRESTRICTED | Washington, DC | $5K | 2023 |
| Power Speaks LouderGENERAL OPERATING SUPPORT | Moreno Valley, CA | $3K | 2023 |
| Pitzer CollegePITZER FUND | Claremont, CA | $3K | 2023 |
| Skidmore CollegeUNRESTRICTED | Saratoga Springs, NY | $3K | 2023 |
| Maine NeedsUNRESTRICTED | Portland, ME | $3K | 2023 |
| Venice ArtsGENERAL OPERATING SUPPORT | Marina Del Rey, CA | $3K | 2023 |
| Wgbh Educational FoundationWGBH TV | Boston, MA | $2K | 2023 |
| Maine PublicMAINE PUBLIC BROADCASTING NETWORK | Lewiston, ME | $2K | 2023 |
| Maine AudobonGISLAND FARM | Falmouth, ME | $2K | 2023 |
| American Civil Liberties UnionUNRESTRICTED | New York, NY | $2K | 2023 |
| Trustees Of Boston UniversityWBUR | Boston, MA | $2K | 2023 |
| National Audubon SocietyUNRESTRICTED | New York, NY | $2K | 2023 |
| Cambridge School Of WestonGENERAL OPERATING SUPPORT | Weston, MA | $250K | 2022 |