//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mahoney Family Foundation is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2016. The principal officer is The Ayco Company Lp - Ntg. It holds total assets of $484K. Annual income is reported at $817K. Total assets have decreased from $1.1M in 2019 to $679K in 2023. The foundation is governed by 4 officers and trustees. The mahoney foundation is committed to provide grants tothe charitable, educational, and scientific tax exemptorganizations. In particular, the foundation focuses itsgiving to qualified nonprofit organizations with needs inthese areas of support: youth and education; especiallythose from a disadvantaged background, the advancement ofhealthcare, and environmental preservation. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Mahoney Family Foundation has made 45 grants totaling $2.2M, with a median grant of $25K. Annual giving has grown from $278K in 2020 to $600K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 28 grants. Individual grants have ranged from $500 to $278K, with an average award of $48K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Rhode Island, which account for 76% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
The mahoney foundation is committed to provide grants tothe charitable, educational, and scientific tax exemptorganizations. In particular, the foundation focuses itsgiving to qualified nonprofit organizations with needs inthese areas of support: youth and education; especiallythose from a disadvantaged background, the advancement ofhealthcare, and environmental preservation.
The mahoney foundation is committed to provide grants tothe charitable, educational, and scientific tax exemptorganizations. In particular, the foundation focuses itsgiving to qualified nonprofit organizations with needs inthese areas of support: youth and education; especiallythose from a disadvantaged background, the advancement ofhealthcare, and environmental preservation. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in MA, NY, RI.
Mahoney Family Foundation has distributed a total of $2.2M across 45 grants. The median grant size is $25K, with an average of $48K. Individual grants have ranged from $500 to $278K.
Mahoney Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mahoney Family Foundation is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Julie Mahoney | DIRECTOR/PRESIDENT/TREASURER | $0 | $0 | N/A |
| Brian Mahoney | DIRECTOR | $0 | $0 | N/A |
| Michael Mahoney | DIRECTOR/SECRETARY | $0 | $0 | N/A |
| Patrick Mahoney | DIRECTOR | $0 | $0 | N/A |
Total Giving
$604K
Total Assets
$679K
Fair Market Value
$4.3M
Net Worth
$679K
Grants Paid
$600K
Contributions
$501K
Net Investment Income
$12K
Distribution Amount
$189K
Total: $635K
Total Grants
45
Total Giving
$2.2M
Average Grant
$48K
Median Grant
$25K
Unique Recipients
23
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of IowaGENERAL CHARITABLE PURPOSES | Iowa City, IA | $150K | 2023 |
| Boys And Girls ClubGENERAL CHARITABLE PURPOSES | Atlanta, GA | $150K | 2023 |
| Wake Forest UniversityGENERAL CHARITABLE PURPOSES | Winstonsalem, NC | $83K | 2023 |
| Year UpGENERAL CHARITABLE PURPOSES | Boston, MA | $50K | 2023 |
| The Nantucket Golf Club FoundationGENERAL CHARITABLE PURPOSES | Nantucket, MA | $50K | 2023 |
| Boston CollegeGENERAL CHARITABLE PURPOSES | Chestnut Hill, MA | $50K | 2023 |
| Quell FoundationGENERAL CHARITABLE PURPOSES | N Falmouth, MA | $30K | 2023 |
| Andrade Faxon CharitiesGENERAL CHARITABLE PURPOSES | South Attleboro, MA | $10K | 2023 |
| R T Food BankGENERAL CHARITABLE PURPOSES | Providence, RI | $10K | 2023 |
| Nantucket Land CouncilGENERAL CHARITABLE PURPOSES | Nantucket, MA | $6K | 2023 |
| Museum AssociatesGENERAL CHARITABLE PURPOSES | Providence, RI | $5K | 2023 |
| East Bay Food PantryGENERAL CHARITABLE PURPOSES | Bristol, RI | $3K | 2023 |
| Nph UsaGENERAL CHARITABLE PURPOSES | Chicago, IL | $2K | 2023 |
| Boy Scouts Of AmericaGENERAL CHARITABLE PURPOSES | Irving, TX | $2K | 2023 |
| Ri Center For The BookGENERAL CHARITABLE PURPOSES | Newport, RI | $500 | 2023 |
| Crossroads Rhode IslandGENERAL CHARITABLE PURPOSES | Providence, RI | $129K | 2022 |
| Boys & Girls Club Of BostonGENERAL CHARITABLE PURPOSES | Boston, MA | $50K | 2022 |
| Year Up IncGENERAL CHARITABLE PURPOSES | Providence, RI | $50K | 2022 |
| Ron Burton Training VillageGENERAL CHARITABLE PURPOSES | Hubbardston, MA | $25K | 2022 |
| World Central KitchenGENERAL CHARITABLE PURPOSES | Washington, DC | $10K | 2022 |
| Make A Wish Rhale IslandGENERAL CHARITABLE PURPOSES | Providence, RI | $5K | 2022 |
| Thompson Island Outward BoundGENERAL CHARITABLE PURPOSES | Boston, MA | $500 | 2022 |
| See Attached ListGENERAL CHARITABLE PURPOSES | Albany, NY | $218K | 2021 |