Private Foundation

ALKU FOUNDATION INC

ALKU FOUNDATION INC, of ANDOVER, MA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.7M in revenue, $893K in expenses, $10.4M in total assets. IRS filings disclose 111 grants awarded by this foundation, totaling roughly $1.5M.

EIN: 883376597 ANDOVER, MA Private Grantmaking Foundations NTEE: T20 Latest filing: 2024
Total Revenue$3.7M
Total Expenses$893K
Total Assets$10.4M
Grants Given111
Grant Total$1.5M
Filing Years2022–2024

Before you apply to Alku Foundation Inc

Preselected only Doesn't accept unsolicited requests for funds, per its 2024 Form 990-PF.

Often funds new orgs 66% of recent recipients were first-time grantees (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

MASS MENTORING PARTNERSHIP
BOSTON, MA · 2024
GENERAL OPERATING GRANT
$155,000
SILVER LINING MENTORING
WALTHAM, MA · 2024
GENERAL OPERATING GRANT
$65,000
REPRODUCTIVE EQUITY NOW FOUNDATION
BOSTON, MA · 2024
GENERAL OPERATING GRANT
$60,000
COACHING 4 CHANGE
TAUNTON, MA · 2024
GENERAL OPERATING GRANT
$55,000
SHINE INITIATIVE
WORCESTER, MA · 2024
GENERAL OPERATING GRANT
$50,500

Showing up to 5 of 111 total records — full history available with membership.

Officers & Directors

DIRECTOR John Eldridge
PRESIDENT/TREASURER Kathleen Eldridge
DIRECTOR Madeline Eldridge
DIRECTOR Mark Eldridge
EXECUTIVE DIRECTOR, SEE STMT ATTACHED Vanessa Plant

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,457,820 111 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.7M $893K $10.4M
2023 $5.8M $848K $7.6M
2022 $6.4M $205K $5.0M

Between 2022 and 2024, reported annual revenue declined from $6.4M to $3.7M (-42%), with total assets most recently reported at $10.4M.

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

Grant Geography

Grants from this foundation were reported to recipients in CT, MA, ME, MN, NY, TX, and 1 other state.

CTMAMEMNNYTXVT

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

See the full picture for ALKU FOUNDATION INC

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