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Avalon Foundation is a private trust based in NEWTOWN, PA. The foundation received its IRS ruling in 1989. The principal officer is Ey Us Llp. It holds total assets of $2.9M. Annual income is reported at $37K. Total assets have decreased from $7.3M in 2011 to $3.4M in 2023. The foundation is governed by 3 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations organized under. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Avalon Foundation has made 8 grants totaling $1.8M, with a median grant of $229K. Annual giving has grown from $208K in 2021 to $1.5M in 2023. Individual grants have ranged from $10K to $496K, with an average award of $226K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in Kansas, Pennsylvania, New York, which account for 75% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations organized under
Section 501(c)(3) of the internal revenue code. N/a
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations organized under. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in KS, PA, NY.
Avalon Foundation has distributed a total of $1.8M across 8 grants. The median grant size is $229K, with an average of $226K. Individual grants have ranged from $10K to $496K.
Avalon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Avalon Foundation is headquartered in NEWTOWN, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael D Mccarthy | TRUSTEE | $0 | $0 | N/A |
| Jonathan L Cohen | TRUSTEE | $0 | $0 | N/A |
| Deborah Berg Mccarthy | TRUSTEE | $0 | $0 | N/A |
Total Giving
$691K
Total Assets
$3.4M
Fair Market Value
$3.7M
Net Worth
$3.4M
Grants Paid
$675K
Contributions
N/A
Net Investment Income
$552K
Distribution Amount
$180K
Total: $2.3M
Total Grants
8
Total Giving
$1.8M
Average Grant
$226K
Median Grant
$229K
Unique Recipients
4
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eureka FoundationGENERAL PURPOSE | Eureka, KS | $496K | 2023 |
| Lasalle College High SchoolGENERAL PURPOSE | Wyndmoor, PA | $250K | 2023 |
| Foundation For The Exhibition Of PhotographyGENERAL PURPOSE | Minneapolis, MN | $10K | 2023 |
| See List AttachedEDUCATION/GENERAL SUPPORT | See List Attached, NY | $90K | 2022 |