The Albright Foundation
- Assets
- $29.7k
- Revenue
- $46.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Brookline, MA
- Founding
- 11/1998
- Data as of
- 04/2024
- EIN
- 04-6837174
Organization Overview
The Albright Foundation is located in Brookline, MA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albright Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2024, Albright Foundation generated $46.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $619.8k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Albright Foundation has awarded 540 individual grants totaling $1,334,708. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nile L Albright Trustee | 2 | $0 | |
Martina L Albright Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,706 |
| Interest on Savings | $927 |
| Dividends & Interest | $2,645 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,836 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,650 |
| Other Income | $0 |
| Total Revenue | $46,092 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $11,035 |
| Contributions, gifts, grants paid | $608,728 |
| Total expenses and disbursements | $619,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,743 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,743 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Albright Foundation has awarded $608,728 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
152 COMMONWEALTH FDN PURPOSE: DONATION | $250 |
BIG TREE BOATING PURPOSE: DONATION | $100 |
BROOKLINE MUSIC SCHOOL PURPOSE: DONATION | $100 |
CHURCH OF THE REDEEMER PURPOSE: DONATION | $250 |
FIDELITY CHARITABLE PURPOSE: DONATION | $125,000 |
HABITAT FOR HUMANITY PURPOSE: DONATION | $250 |