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Also known as: C/O KENNETH L ABRAMS ET AL
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Altamira Foundation is a private trust based in WESTWOOD, MA. The foundation received its IRS ruling in 2007. The principal officer is Kenneth L Abrams. It holds total assets of $18.6M. Annual income is reported at $9.7M. Total assets have grown from $2M in 2011 to $16.2M in 2023. The foundation is governed by 3 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 2016 to 2023. The foundation primarily funds organizations in Massachusetts and Illinois. According to available records, Altamira Foundation has made 78 grants totaling $2.1M, with a median grant of $2K. The foundation has distributed between $535K and $940K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $940K distributed across 23 grants. Individual grants have ranged from $180 to $600K, with an average award of $27K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in Massachusetts, District of Columbia, Kentucky, which account for 83% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$180
Median Grant
$2K
Average Grant
$22K
Largest Grant
$200K
Based on 24 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.
Altamira Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 78 grants. Its grantmaking reaches organizations primarily in MA, DC, KY.
Altamira Foundation has distributed a total of $2.1M across 78 grants. The median grant size is $2K, with an average of $27K. Individual grants have ranged from $180 to $600K.
Altamira Foundation typically selects its grantees rather than accepting unsolicited proposals.
Altamira Foundation is headquartered in WESTWOOD, MA. While based in MA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth L Abrams | TRUSTEE | $0 | $0 | N/A |
| Jessica A Murray | TRUSTEE | $0 | $0 | N/A |
| Susan N Abrams | TRUSTEE | $0 | $0 | N/A |
Total Giving
$849K
Total Assets
$16.2M
Fair Market Value
$18.6M
Net Worth
$16.2M
Grants Paid
$626K
Contributions
$2K
Net Investment Income
$413K
Distribution Amount
$861K
Total: $5.2M
Total Grants
78
Total Giving
$2.1M
Average Grant
$27K
Median Grant
$2K
Unique Recipients
40
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Louisville'S School Of MedicineCHARITABLE | Louisville, KY | $125K | 2023 |
| Medstar - Georgetown University HospitalCHARITABLE | Washington, DC | $100K | 2023 |
| Central High School ScholarshipCHARITABLE | Westwood, MA | $50K | 2023 |
| Heart Gallery Of Alabama IncCHARITABLE | Birmingham, AL | $50K | 2023 |
| Smart From The StartCHARITABLE | Roxbury, MA | $50K | 2023 |
| College Choice FoundationCHARITABLE | Homewood, AL | $50K | 2023 |
| Augustana FundCHARITABLE | Rock Island, IL | $50K | 2023 |
| Speed Art MuseumCHARITABLE | Louisville, KY | $25K | 2023 |
| Jewish Federation Of LouisvilleCHARITABLE | Louisville, KY | $25K | 2023 |
| La Mano Amiga - The Invisible Hand FoundationCHARITABLE | Bethesda, MD | $15K | 2023 |
| Westwood Community ScholarshipCHARITABLE | Westwood, MA | $15K | 2023 |
| Mass General HospitalCHARITABLE | Boston, MA | $15K | 2023 |
| SteppingstoneCHARITABLE | Boston, MA | $10K | 2023 |
| Hale ReservationCHARITABLE. | Westwood, MA | $10K | 2023 |
| Thrive ScholarsCHARITABLE | Los Angeles, CA | $10K | 2023 |
| Westwood Land TrustCHARITABLE | Westwood, MA | $5K | 2023 |
| Westwood Community ChestCHARITABLE | Westwood, MA | $2K | 2023 |
| Friends Of Westwood Public LibraryCHARITABLE | Westwood, MA | $2K | 2023 |
| Hope For Henry FoundationCHARITABLE | Washington, DC | $2K | 2023 |
| Westwood Historical SocietyCHARITABLE | Westwood, MA | $2K | 2023 |
| WburCHARITABLE | Boston, MA | $2K | 2023 |
| Pan Mass ChallengeCHARITABLE | Needham, MA | $2K | 2023 |
| Wvik (Augustana Public Radio)CHARITABLE | Rock Island, IL | $1K | 2023 |
| WgbhCHARITABLE | Boston, MA | $1K | 2023 |
| Als Therapy Development InstituteCHARITABLE | Watertown, MA | $1K | 2023 |
| Italian Home For ChildrenCHARITABLE | Jamaica Plain, MA | $1K | 2023 |
| Friends Of The SmithsonianCHARITBALE | Washington, DC | $1K | 2023 |
| Alzheimer'S AssociationCHARITABLE | Chicago, IL | $1K | 2023 |
| Kennedy CenterCHARITABLE | Washington, DC | $1K | 2023 |
| Westwood Police Relief AssociationCHARITABLE | Weston, MA | $1K | 2023 |
| Family Promise MetrowestCHARITABLE | Natick, MA | $1K | 2023 |
| Jcc Capital CampaignCHARITABLE | Newton, MA | $600K | 2022 |
| Westwood Aid To The ElderlyCHARITABLE | Westwood, MA | $1K | 2022 |