Also known as: F/K/A BUTLER VENTURES FUND INC
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The Alora Charitable Foundation is a private corporation based in DOVER, DE. The foundation received its IRS ruling in 2022. The principal officer is Jeffrey Butler. It holds total assets of $18M. Annual income is reported at $597K. Total assets have grown from $7.7M in 2021 to $18M in 2023. The foundation is governed by 2 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 2021 to 2023. According to available records, The Alora Charitable Foundation has made 13 grants totaling $608K, with a median grant of $10K. Annual giving has grown from $100K in 2022 to $508K in 2023. Individual grants have ranged from $268 to $410K, with an average award of $47K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Massachusetts, Virginia, New York, which account for 62% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
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.
The Alora Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in MA, VA, NY.
The Alora Charitable Foundation has distributed a total of $608K across 13 grants. The median grant size is $10K, with an average of $47K. Individual grants have ranged from $268 to $410K.
The Alora Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Alora Charitable Foundation is headquartered in DOVER, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffrey B Butler | TREASURER | $0 | $0 | N/A |
| Jennifer L Butler | PRESIDENT & SECRETARY | $0 | $0 | N/A |
Total Giving
$707K
Total Assets
$18M
Fair Market Value
$17M
Net Worth
$18M
Grants Paid
$508K
Contributions
$3.6M
Net Investment Income
$9.8M
Distribution Amount
$543K
Total Grants
13
Total Giving
$608K
Average Grant
$47K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity CharitableCHARITABLE GIVING | Boston, MA | $410K | 2023 |
| Telluride Science Research CenterSCIENCE RESEARCH AND OUTREACH | Telluride, CO | $25K | 2023 |
| Leukemia & Lymphoma SocietyCANCER RESEARCH | Rye Brook, NY | $20K | 2023 |
| Susan G KomenCANCER RESEARCH | Dallas, TX | $16K | 2023 |
| Flint Hill SchoolANNUAL FUND | Oakton, VA | $10K | 2023 |
| Montefiore Medical CenterMEDICAL CARE, EDUCATION AND RESEARCH | Bronx, NY | $10K | 2023 |
| Lung Cancer ResearchCANCER RESEARCH | New York, NY | $10K | 2023 |
| Hawaii Community FoundationCHARITABLE GIVING | Honolulu, HI | $5K | 2023 |
| Telluride AdaptiveEDUCATIONAL AND RECREATIONAL PROGRAMS | Telluride, CO | $1K | 2023 |
| OrphanetworkYOUTH AND FAMILY SERVICES | Virginia Beach, VA | $515 | 2023 |
| Riley Children'S FoundationPEDIATRIC HEALTH PROGRAMS | Indianapolis, IN | $268 | 2023 |
| Fairfax Community ChurchCOMMUNITY RESOURCE CENTER | Fairfax, VA | $50K | 2022 |