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Alternative Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is Foundation Source. It holds total assets of $5.3M. Annual income is reported at $1.8M. Total assets have grown from $232K in 2019 to $5.3M in 2024. The foundation is governed by 1 officer or trustee. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Michigan. According to available records, Alternative Foundation has made 16 grants totaling $1M, with a median grant of $35K. The foundation has distributed between $227K and $540K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $540K distributed across 6 grants. Individual grants have ranged from $10K to $175K, with an average award of $64K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Michigan and Massachusetts. Contributions to this foundation are tax-deductible.
Alternative Foundation is a small, family-directed private foundation (EIN 83-3128471, ruled 2019) with roughly $5.3M in assets, administered day-to-day through Foundation Source's outsourced platform in Wilmington, DE — but its giving is 100% place-based in Detroit, Michigan, with the sole officer, Rachel Smith (Director/Secretary/Treasurer, listed compensation $103,000/yr), running it as a lean, closely-held operation rather than a staffed program office. This is not a foundation that runs open competitive RFP cycles with cohorts of grantees; the top-50 grantee data shows only 16 total grants across just two states (MA: 1, MI: 15) with an average award of $63,549, concentrated overwhelmingly in a handful of repeat relationships. Bailey Park Project alone received 5 grants totaling $675,000 — two-thirds of all tracked giving — indicating the foundation prefers deepening a small number of trusted, multi-year partnerships over spreading small one-time gifts widely. Warren-Conner Development Coalition (2 grants, $136,789) is the second-most-funded relationship. First-time applicants should understand they are competing for a small number of new-relationship slots each year against an established, loyal grantee base. The foundation's own language — 'new and innovative approaches to problem solving that lead to tangible and measurable results' — signals a preference for outcomes-oriented, community-led organizations over large institutions; every current public grantee (Bailey Park, Detroit Food Academy, Developing K.I.D.S, Midnight Golf, NW Goldberg Cares) is a mid-size, neighborhood-rooted nonprofit, not a university, hospital, or major regional intermediary. There is no visible LOI-to-full-proposal escalation process publicized; applications go directly through the Foundation Source portal, suggesting a single-stage intake reviewed internally by Smith (and likely an advisory family member or two) rather than a formal committee with site visits. Grant purposes skew toward 'General & Unrestricted' support (the dominant purpose tag across the grantee list), which is a favorable signal — this foundation trusts operating grantees with flexible dollars rather than mandating narrow project restrictions. Given the ~$5.3M asset base and typical grant size of $40,000-$103,000 (median $51,883 per the foundation's own reported typical_grant_size data), realistic asks should fall in the $10,000-$100,000 range; the $675,000 Bailey Park relationship is an outlier built over multiple years, not a single-grant benchmark.
Total giving has fluctuated year to year as the foundation scales up from its 2019 founding: $68,917 (FY2019, its first partial year with $0 officer compensation), $577,125 (FY2020), $688,640 (FY2021), $784,511 (FY2022), and $580,109 (FY2023) — FY2024 total_giving was not reported in available data, though total_revenue that year was $299,770. Grants paid (a related but distinct IRS line) ran $0 (2019), $226,789 (2020), $386,719 (2021), $270,000 (2022), and $250,000 (2023) — the gap between 'total giving' and 'grants paid' in most years likely reflects multi-year grant commitments booked differently or program-related administrative costs layered on top of direct grants. Total assets grew from $232,258 at founding (2019) to $5,287,328 (2024), driven substantially by a $4,291,841 contribution in FY2020 and a further $3,000,000 contribution in FY2023 — this is a foundation still being actively funded by its founder/family rather than operating purely off endowment investment returns (net investment income has stayed modest, $23K-$113K/year). Officer compensation has held steady at $103,000/year since 2021 (after a $206,000 outlier in 2020, likely a two-role or transition year), which at ~15-20% of typical annual giving is a meaningful overhead ratio grant seekers should note — this is a lean, single-employee operation, not a program-staffed foundation. Grantee-level data (a partial 16-grant sample, likely covering multiple years) shows a median-ish award clustering around $50,000-$85,000 for repeat/general-support grantees and $10,000-$30,000 for newer or single-instance grantees (Keep Growing Detroit $20,000; Street Democracy $10,000; Doing Development Differently in Metro Detroit $10,000). Geographically, 15 of 16 sampled grants (94%) went to Michigan organizations, with a single Massachusetts grant (Fenn School Inc, $30,000) likely reflecting a personal/founder connection rather than a programmatic pattern — Detroit-metro nonprofits should not read that as an open geography. By program area, funding splits roughly across the three stated pillars: community redevelopment/place-based work (Bailey Park, Warren-Conner, NW Goldberg Cares) is the largest single bucket by dollars; youth development and food systems (Detroit Food Academy/Detroit Food & Entrepreneurship Academy, Keep Growing Detroit, Midnight Golf, Developing K.I.D.S.) form a second cluster of smaller, more numerous grants.
Alternative Foundation sits among a cluster of similarly-sized, Foundation Source-administered private foundations with near-identical asset bases in the $5.28M-$5.29M range — a strong signal these are all managed on the same outsourced platform with comparable investment allocations, not organically similar in mission.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Alternative Foundation | $5.29M | ~$580K (FY2023) | Community Development (Detroit, MI) | Open portal (fsrequests.com) |
| Darren Star Foundation | $5.29M | Not disclosed | Philanthropy & Grantmaking | Not disclosed |
| Johari Family Foundation Inc. | $5.29M | Not disclosed | Philanthropy & Grantmaking | Not disclosed |
| Walter N and Alberta H Drake Foundation | $5.29M | Not disclosed | Philanthropy & Grantmaking | Not disclosed |
| C W Christian Foundation | $5.29M | Not disclosed | Philanthropy & Grantmaking | Not disclosed |
| Edgemont Foundation Inc. | $5.29M | Not disclosed | Philanthropy & Grantmaking (NH) | Website: edgemontfoundation.org |
Unlike its peers, Alternative Foundation stands out for actually publishing a functioning grants website with stated program areas, a current-grantees list, and a live application portal — most of the listed peers have no discoverable website at all, meaning they likely operate as closed, invitation-only family vehicles. This makes Alternative Foundation comparatively accessible: a cold applicant has a real, documented entry point here that doesn't exist for most of its asset-tier peers. For context against larger Detroit funders in the same geography, the Skillman Foundation gives roughly $20-22M annually and Hudson-Webber Foundation funds across four broader mission areas — Alternative Foundation is a much smaller, single-officer operation whose relative accessibility (an open portal, published priorities) is its main competitive advantage over larger, more bureaucratic Detroit funders, even though its total dollars available are a small fraction of theirs.
No independent news coverage, press releases, or leadership-change announcements were found for Alternative Foundation in 2025-2026 web searches — consistent with a single-officer, non-publicized family foundation that does not issue press releases or maintain a news/blog section. The foundation's own website content (program-areas and current-grantees pages) appears stable and unchanged in framing, with the same five profiled grantees (Bailey Park Neighborhood Development, Detroit Food Academy, Developing K.I.D.S, Midnight Golf/College Career & Beyond, and NW Goldberg Cares) representing its current public-facing partner roster. The most notable recent financial activity on record is the $3,000,000 contribution received in FY2023, which nearly doubled total revenue that year to $3,035,382 and rebuilt total assets to $5,664,083 after several years of drawdown — this points to an active, engaged founder/donor family continuing to fund the vehicle rather than a foundation coasting on a fixed endowment. FY2024 shows total_revenue falling back to $299,770 with no new large contribution, and total_giving for that year was not disclosed in the available data, so grant seekers should not assume a repeat of the 2023 contribution-driven giving bump. Given the lack of any distressed signals (no NTEE reclassification, no lapsed exempt status, consistent officer compensation, an actively maintained website last verified 2026-08-15), this reads as a quietly stable, ongoing operation rather than one winding down or expanding rapidly.
Apply through the official portal only: fsrequests.com/alternativefoundation, which redirects to a standard Foundation Source 'Impactfully' online intake form — there is no separate downloadable PDF application or mailed LOI process advertised, so budget time to complete the online form rather than searching for alternate submission paths. Because the foundation's public site does not list a specific annual deadline, treat this as a rolling-review foundation and apply as early in your fiscal planning cycle as possible rather than waiting for a posted cutoff; follow up by email to Rachel Smith (rachel@alternativefoundation.org) roughly 4-6 weeks after submission if you have not heard back, since with a single officer response times may be slow during peak review periods. Lead with concrete, measurable outcomes tied to one of the three explicit program areas — urban agriculture/food systems, youth employment and entrepreneurship, or community redevelopment/sustainable land use — and use the foundation's own language ('tangible and measurable results,' 'new and innovative approaches,' 'equitable, innovative, people-oriented projects') directly in your proposal narrative, since a single-reviewer foundation is more likely to respond to proposals that mirror its stated framing. Emphasize general operating/unrestricted support framing where possible: the historical grantee data shows 'General & Unrestricted' as the dominant purpose code, meaning this funder trusts grantees with flexible dollars rather than requiring narrow project budgets — a tightly restricted capital-campaign ask is a weaker fit, especially since the foundation explicitly says it avoids 'traditional brick-and-mortar projects' outside of affordable/green housing. Do not apply from outside the Detroit, MI service area (or, in the rare case of a personal/founder connection, Massachusetts) — 94% of tracked grants went to Michigan organizations, and there is no evidence of an active national or multi-state program despite the Delaware legal registration. A common mistake to avoid: assuming the Wilmington, DE address means this is a Delaware-focused or nationally-scoped funder — it is not; the DE address is purely a Foundation Source administrative artifact. Given the foundation's strong pattern of repeat, multi-year funding to a small set of trusted partners (Bailey Park received 5 separate grants over time), first-time applicants should frame their ask as the opening move in a multi-year relationship, not a one-off project grant, and should reference specific neighborhood-level, vacant-land, or underserved-youth framing that echoes the McDougall-Hunt/NW Goldberg-style neighborhoods the foundation already funds.
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Smallest Grant
$40K
Median Grant
$52K
Average Grant
$64K
Largest Grant
$103K
Based on 6 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.
Total giving has fluctuated year to year as the foundation scales up from its 2019 founding: $68,917 (FY2019, its first partial year with $0 officer compensation), $577,125 (FY2020), $688,640 (FY2021), $784,511 (FY2022), and $580,109 (FY2023) — FY2024 total_giving was not reported in available data, though total_revenue that year was $299,770. Grants paid (a related but distinct IRS line) ran $0 (2019), $226,789 (2020), $386,719 (2021), $270,000 (2022), and $250,000 (2023) — the gap between 'tot.
Alternative Foundation has distributed a total of $1M across 16 grants. The median grant size is $35K, with an average of $64K. Individual grants have ranged from $10K to $175K.
Alternative Foundation is a small, family-directed private foundation (EIN 83-3128471, ruled 2019) with roughly $5.3M in assets, administered day-to-day through Foundation Source's outsourced platform in Wilmington, DE — but its giving is 100% place-based in Detroit, Michigan, with the sole officer, Rachel Smith (Director/Secretary/Treasurer, listed compensation $103,000/yr), running it as a lean, closely-held operation rather than a staffed program office. This is not a foundation that runs ope.
Alternative Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Alternative | Dir, Sec, Treas | $103K | $46K | $149K |
Total Giving
N/A
Total Assets
$5.3M
Fair Market Value
N/A
Net Worth
$5.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$1M
Average Grant
$64K
Median Grant
$35K
Unique Recipients
8
Most Common Grant
$125K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bailey Park ProjectGeneral & Unrestricted | Detroit, MI | $175K | 2023 |
| Developing Kingdoms In Different StagesGeneral & Unrestricted | Redford, MI | $50K | 2023 |
| Detroit Food & Entrepreneurship AcademyGeneral & Unrestricted | Detroit, MI | $25K | 2023 |
| Warren-Conner Development Coalition IncProject support for the McDougall Hunt Neighborhood | Detroit, MI | $98K | 2020 |
| Fenn School IncGeneral & Unrestricted | Concord, MA | $30K | 2020 |
| Keep Growing DetroitGeneral & Unrestricted | Detroit, MI | $20K | 2020 |
| Doing Development Differently In Metro DetroitGeneral & Unrestricted | Detroit, MI | $10K | 2020 |
| Street DemocracyGeneral & Unrestricted | Detroit, MI | $10K | 2020 |
WILMINGTON, DE
WILMINGTON, DE
WILMINGTON, DE