Albright Foundation

Organization Overview

Albright Foundation is located in Edina, MN. The organization was established in 2006. 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 12/2022, Albright Foundation generated $155.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $279.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Albright Foundation has awarded 86 individual grants totaling $538,509. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NA


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2,354
Dividends & Interest $134,484
Net Rental Income$0
Net Gain on Sale of Assets -$4
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $19,109
Total Revenue $155,943

Grants Awarded

Over the last fiscal year, Albright Foundation has awarded $274,291 in support to 58 organizations.

Grant RecipientAmount

GREAT MINNESOTA SCHOOLS

PURPOSE: CHARITABLE

$74,532

GREATER MINNEAPOLIS CRISIS NURSERY

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: CHARITABLE - RESEARCH

$25,000

LUTHERAN CHURCH OF THE GOOD SHEPHER

PURPOSE: CHARITABLE - OPERATIONS AND CAPITAL CAMPAIGN

$23,320

GREAT MINNESOTA SCHOOLS

PURPOSE: CHARITABLE - PASS THRU TO TNTP

$15,000

WALLIN EDUCATION PARTNERS

PURPOSE: CHARITABLE - SCHOLARSHIPS

$11,869

UNITE AMERICA INSTITUTE

Org PageRecipient Profile

Denver, CO

PURPOSE: CHARITABLE

$11,670
View Grant Profile

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