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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. Total assets have grown from $7.6M in 2019 to $13.4M in 2024. The foundation is governed by 6 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 2018 to 2024. Grantmaking is concentrated in Massachusetts. 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.
Smallest Grant
$2K
Median Grant
$50K
Average Grant
$152K
Largest Grant
$1.1M
Based on 10 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.
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 |
|---|---|---|---|---|
| Anna C Mullen | TRUSTEE | $0 | $0 | N/A |
| Justine M Mullen | TRUSTEE | $0 | $0 | N/A |
| Elizabeth A Mullen | TRUSTEE | $0 | $0 | N/A |
| Nathaniel J Mullen | TRUSTEE | $0 | $0 | N/A |
| James C Mullen | TRUSTEE | $0 | $0 | N/A |
| Jared D Mullen | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$13.4M
Fair Market Value
N/A
Net Worth
$10.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| Project PlaceCHARITABLE | Boston, MA | $150K | 2023 |
| Massachusetts Audubon Society IncCHARITABLE | Lincoln, MA | $150K | 2023 |
| Father Bill'S & Mainspring IncCHARITABLE | Brockton, MA | $100K | 2023 |
| RocaCHARITABLE | Boston, MA | $100K | 2023 |
| Greater Boston Food BankCHARITABLE | Boston, MA | $100K | 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 |