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Alvarium Foundation is a private trust based in NEEDHAM, MA. The foundation received its IRS ruling in 2018. It holds total assets of $13.4M. Annual income is reported at $4.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Alvarium Foundation has made 27 grants totaling $2.3M, with a median grant of $90K. Annual giving has decreased from $1.5M in 2022 to $865K in 2023. Individual grants have ranged from $2K to $150K, with an average award of $87K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Alvarium Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in MA.
Alvarium Foundation has distributed a total of $2.3M across 27 grants. The median grant size is $90K, with an average of $87K. Individual grants have ranged from $2K to $150K.
Alvarium Foundation typically selects its grantees rather than accepting unsolicited proposals.
Alvarium Foundation is headquartered in NEEDHAM, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Justine M Mullen | TRUSTEE | $0 | $0 | $0 |
| Elizabeth A Mullen | TRUSTEE | $0 | $0 | $0 |
| Nathaniel J Mullen | TRUSTEE | $0 | $0 | $0 |
| James C Mullen | TRUSTEE | $0 | $0 | $0 |
| Jared D Mullen | TRUSTEE | $0 | $0 | $0 |
Total Giving
$994K
Total Assets
$12.3M
Fair Market Value
$13.2M
Net Worth
$10M
Grants Paid
$865K
Contributions
$1.5M
Net Investment Income
$1M
Distribution Amount
$338K
Total: $0
Total Grants
27
Total Giving
$2.3M
Average Grant
$87K
Median Grant
$90K
Unique Recipients
10
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| RocaCHARITABLE | Boston, MA | $100K | 2023 |
| Project PlaceCHARITABLE | Boston, MA | $150K | 2023 |
| Massachusetts Audubon Society IncCHARITABLE | Lincoln, MA | $150K | 2023 |
| Father Bill'S & Mainspring IncCHARITABLE | Brockton, MA | $100K | 2023 |
| Greater Boston Food BankCHARITABLE | Boston, MA | $100K |
| Anna C Mullen |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2023 |
| Schools On Wheels Of Massachusetts IncCHARITABLE | East Bridgewater, MA | $90K | 2023 |
| UtecCHARITABLE | Lowell, MA | $75K | 2023 |
| Girls Incorporated Of LynnCHARITABLE | Lynn, MA | $75K | 2023 |
| Ymca SouthcoastCHARITABLE | New Bedford, MA | $25K | 2023 |
| Artists For HumanityCHARITABLE | Boston, MA | $2K | 2022 |
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