Public Charity

ALBANY FUND FOR EDUCATION INC

ALBANY FUND FOR EDUCATION INC, of ALBANY, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $243K in revenue, $201K in expenses, $389K in total assets. 10 publicly reported grants to this organization, totaling roughly $110K, appear in IRS filings.

EIN: 141810885 ALBANY, NY Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$243K
Total Expenses$201K
Total Assets$389K
Grant Records10
Funding Total$110K
Filing Years2020–2025

Mission

THE ORGANIZATION WAS FORMED TO SUPPORT PROGRAMS AND PROJECTS OF CITY OF ALBANY NY SCHOOLS.

Where $100 goes at Albany Fund for Education Inc

How Albany Fund for Education Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$89 Programs the work itself
$5 Management running the organization
$6 Fundraising raising the next dollar

Inside the $89 for programs

$34
Other programs New teacher grants program did not continue in fiscal year 2025
38% of program spending
$21
Grants program
24% of program spending
$19
School pantry program
21% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
GRANTS DIRECTED BY CFGCR: BUILDING SCHOOL-HOME CONNECTIONS
$10,976
2024
GRANTS REQUESTED BY DONOR AND APPROVED BY CFGCR: "HUNGER DOESN'T TAKE A SUMMER VACATION"
$5,500
2024
For grant recipient's exempt purposes
$5,100
2022
GRANT AWARDED PER THE RECOMMENDATION OF A DONOR ADVISOR AND APPROVED BY CFGCR FOR WORK WITH RUTH PELHAM
$20,000
2020
For grant recipient's exempt purposes
$11,200

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

DIRECTOR Ashley Chapple
DIRECTOR Brooke Raveendranath
DIRECTOR Daniel Vaughan-Cherubin
IMMEDIATE PAST PRESIDENT Ginnie Farrell
PRESIDENT Kathryn Bamberger
DIRECTOR Khalel Hamlin

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$68,940 5 grants
Education
$15,976 2 grants
Food Assistance & Nutrition
$5,500 1 grant
Unspecified
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $243K $201K $389K
2024 $181K $160K $318K
2023 $61K $90K $286K
2022 $225K $209K $323K
2020 $280K $153K $343K

Between 2020 and 2025, reported annual revenue declined from $280K to $243K (-13%), with total assets most recently reported at $389K.

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

See the full picture for ALBANY FUND FOR EDUCATION INC

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