Private Foundation

Mary Alice Arakelian Foundation

Mary Alice Arakelian Foundation, of Newburyport, MA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $456K in revenue, $713K in expenses, $5.7M in total assets. IRS filings disclose 146 grants awarded by this foundation, totaling roughly $2.9M.

EIN: 046155695 Newburyport, MA Latest filing: 2024
Total Revenue$456K
Total Expenses$713K
Total Assets$5.7M
Grants Given146
Grant Total$2.9M
Filing Years2019–2024

Sample Grants Given

City of Newburyport
Newburyport, MA · 2024
UnrestrictedGeneral Support
$200,000
Anna Jaques Hospital
Newburyport, MA · 2024
UnrestrictedGeneral Support
$115,000
Newburyport Education Foundation
Newburyport, MA · 2024
UnrestrictedGeneral Support
$41,821
WBUR
Boston, MA · 2024
UnrestrictedGeneral Support
$30,000
Our Neighbor's Table
Amesbury, MA · 2024
UnrestrictedGeneral Support
$20,000

Showing up to 5 of 146 total records — full history available with membership.

Officers & Directors

Co-Trustee Anna Makos
Co-Trustee John F Leary Iii
Co-Trustee Kimberly A Rock
Co-Trustee Mark F Welch

Officer compensation and complete director data available with membership.

Top Grant Purposes

UnrestrictedGeneral Support
$2,868,483 144 grants
Unrestricted General Support
$30,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $456K $713K $5.7M
2023 $250K $489K $5.9M
2022 $130K $498K $6.2M
2020 $12K $513K $6.5M
2019 $457K $536K $7.0M

Between 2019 and 2024, reported annual revenue held roughly steady at around $456K, with total assets most recently reported at $5.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, CT, GA, IL, MA, MI, and 4 other states.

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Full geographic grant map with state-by-state breakdown available with membership.

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