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The Andover Companies Charitable Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $792K. Annual income is reported at $1M. Total assets have decreased from $645K in 2021 to $151K in 2023. The foundation is governed by 3 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. Grantmaking is concentrated in Massachusetts. According to available records, The Andover Companies Charitable Foundation has made 206 grants totaling $750K, with a median grant of $403. Annual giving has grown from $95K in 2021 to $239K in 2023. Grantmaking activity was highest in 2022 with $417K distributed across 108 grants. Individual grants have ranged from N/A to $63K, with an average award of $4K. The foundation has supported 112 unique organizations. The foundation primarily supports organizations in Massachusetts, Maine, New Hampshire, which account for 76% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$413
Average Grant
$4K
Largest Grant
$50K
Based on 54 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.
The Andover Companies Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 206 grants. Its grantmaking reaches organizations primarily in MA, ME, NH.
The Andover Companies Charitable Foundation has distributed a total of $750K across 206 grants. The median grant size is $403, with an average of $4K. Individual grants have ranged from N/A to $63K.
The Andover Companies Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Andover Companies Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles J Digrande | Dir, Pres | $0 | $0 | N/A |
| Amy Diperna | Dir, Treas | $0 | $0 | N/A |
| Kevin Ouellette | Dir, Sec | $0 | $0 | N/A |
Total Giving
$266K
Total Assets
$151K
Fair Market Value
$151K
Net Worth
$151K
Grants Paid
$239K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$16K
Total Grants
206
Total Giving
$750K
Average Grant
$4K
Median Grant
$403
Unique Recipients
112
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGeneral & Unrestricted | Framingham, MA | $300 | 2023 |
| Lawrence General HospitalGeneral & Unrestricted | Lawrence, MA | $63K | 2023 |
| Lawrence Boys And Girls Club IncGeneral & Unrestricted | Lawrence, MA | $20K | 2023 |
| Insurance Library AssociationGeneral & Unrestricted | Boston, MA | $15K | 2023 |
| Saint Patricks ParishCor Unum Meal Center | Lawrence, MA | $10K | 2023 |
| Lazarus House IncorporatedCharitable Event | Lawrence, MA | $10K | 2023 |
| Notre Dame Cristo Rey High School IncWorking for Our Future: The Capital Campaign for NDCR | Methuen, MA | $10K | 2023 |
| Agespan IncGeneral & Unrestricted | Lawrence, MA | $10K | 2023 |
| Habitat For Humanity International IncGeneral & Unrestricted | Danvers, MA | $10K | 2023 |
| President & Trustees Of Colby CollegeGeneral & Unrestricted | Waterville, ME | $5K | 2023 |
| End 68 Hours Of Hunger - SalemGeneral & Unrestricted | Salem, NH | $5K | 2023 |
| Insurance Industry Charitable Foundation IncGeneral & Unrestricted | Los Angeles, CA | $5K | 2023 |
| St Thomas Aquinas High SchoolGeneral & Unrestricted | Dover, NH | $5K | 2023 |
| Exeter Hospital IncBeyond the Rainbow Fund | Exeter, NH | $5K | 2023 |
| Ronald Mcdonald House Charities New York Metro IncGeneral & Unrestricted | New Hyde Park, NY | $5K | 2023 |
| The Ministry For Hope IncGeneral & Unrestricted | Port Jefferson, NY | $5K | 2023 |
| Misericordia HomeGeneral & Unrestricted | Chicago, IL | $5K | 2023 |
| Aurora Area Interfaith Food PantryGeneral & Unrestricted | Aurora, IL | $5K | 2023 |
| Catholic Charitable Bureau Of The Archdiocese Of BGeneral & Unrestricted | South Boston, MA | $5K | 2023 |
| Clean River Project IncGeneral & Unrestricted | Methuen, MA | $4K | 2023 |
| Providence CollegeGeneral & Unrestricted | Providence, RI | $3K | 2023 |
| Eagle-Tribune Santa Claus TrustGeneral & Unrestricted | North Andover, MA | $2K | 2023 |
| Alzheimers Disease And Related Disorders AssociatiCharitable Event | Waltham, MA | $2K | 2023 |
| Syrian American Medical Society FoundationSyria Earthquake Relief Fund | Washington, DC | $1K | 2023 |
| Northeast Arc IncCharitable Event | Danvers, MA | $1K | 2023 |
| Veterans Outreach Center IncGeneral & Unrestricted | Rochester, NY | $1K | 2023 |
| Turkish Philanthropy Funds IncTurkiye Earthquake Relief Fund | New York, NY | $1K | 2023 |
| Essex County Habitat Housing IncCharitable Event | Danvers, MA | $1K | 2023 |
| Stephen Siller Tunnel To Towers FoundationGeneral & Unrestricted | Staten Island, NY | $816 | 2023 |
| American National Red CrossGeneral & Unrestricted | Washington, DC | $577 | 2023 |
| Bethany House Of Nassau County CorporationGeneral & Unrestricted | Baldwin, NY | $500 | 2023 |
| Elmhurst Walk-In Assistance NetworkGeneral & Unrestricted | Elmhurst, IL | $500 | 2023 |
| Helping Our Pupils Excel Nh IncGeneral & Unrestricted | Manchester, NH | $500 | 2023 |
| Cure Starts Now IncGeneral & Unrestricted | Cincinnati, OH | $500 | 2023 |
| Haven-Violence Prevention And Support ServicesGeneral & Unrestricted | Portsmouth, NH | $500 | 2023 |
| Spanish Coalition For HousingGeneral & Unrestricted | Chicago, IL | $500 | 2023 |
| Sweet Annie Memorial Golf Outing IncGeneral & Unrestricted | Massapequa, NY | $500 | 2023 |
| The Hagedorn Little Village SchoolGeneral & Unrestricted | Seaford, NY | $500 | 2023 |
| Hoops And Homework IncGeneral & Unrestricted | Framingham, MA | $406 | 2023 |
| Epilepsy Foundation New England IncGeneral & Unrestricted | Lowell, MA | $400 | 2023 |
| Movember FoundationGeneral & Unrestricted | Santa Monica, CA | $308 | 2023 |
| Smile Train IncGeneral & Unrestricted | Washington, DC | $250 | 2023 |
| Massachusetts General HospitalALS Research | Boston, MA | $250 | 2023 |
| Knox County Homeless CoalitionGeneral & Unrestricted | Rockland, ME | $250 | 2023 |