Aaf Charitable Foundation

WESTBOROUGH, MA EIN: 20-7203353

Aaf Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBOROUGH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $316K in total assets. In 2024, it awarded 93 grants totaling $44K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$316K

+16.2% YoY

Annual Giving

$44K

+88.9% YoY

Grant Count

93

+1.1% YoY

Avg Grant Size

$475.419

+86.9% YoY

Under IRS private-foundation payout rules, Aaf Charitable Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Aaf Charitable Foundation

Based on IRS filings

Aaf Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBOROUGH, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $316K in total assets. In 2024, it awarded 93 grants totaling $44K. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

28states
+20 more states

Cities

AlamedaAlantaAlbert LeaAllstonAmesburyAmherstArlingtonAttleboroBaltimoreBartlesvilleBelmontBoiling SpringsBooneBostonBraintreeBrattleboroBrightonBrocktonBrooklineBuzzards Bay

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$110K20202021202220232024
Metric202420232022
Total Assets$316,411$272,344$217,365
Revenue$88,416$78,393$75,720
Expenses$44,349$23,414$42,045
Qualifying Distributions$44,249$23,414$42,045
Net Investment Income$10,921$3,193
Distributable Amount$13,166$10,830$8,683

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$36K$48K113 grants202096 grants202190 grants202292 grants202393 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOYS & GIRLS CLUB OF GRE…$5KBRAIN INJURY ASSOCIATION…$5KDANA FARBER CANCER INSTI…$4KGRANITE VNA$3KFRIENDS OF MADAME WHITE …$1KCATIE'S CLOSET$1KCOMMUNITY SERVINGS INC$1KBROOKVIEW HOUSE$1KCANCER SUPPORT COMMUNITY$840BRYANT UNIVERSITY$600

Grant Size Distribution

250 grants across all recorded years

250<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys & Girls Club of Greater Lowell Inc ($5,000), Brain Injury Association of Massachusetts ($5,000), Dana Farber Cancer Institute ($4,030).

RecipientPurposeAmount
AICPA FOUNDATION DURHAM, NCPROGRAM SUPPORT$250
ALS ASSOCIATION ARLINGTON, VAPROGRAM SUPPORT$25
AMERICAN CANCER SOCIETY HAGERSTOWN, MDPROGRAM SUPPORT$50
AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC NEW YORK, NYPROGRAM SUPPORT$50
AMERICAN DIABETES ASSOCIATION ARLINGTON, VAPROGRAM SUPPORT$500
ANIMAL SHELTER INC STERLING, MAPROGRAM SUPPORT$50
ARCHDIOCESE OF BOSTON BRAINTREE, MAPROGRAM SUPPORT$150
ASSUMPTION UNIVERSITY WORCESTER, MAPROGRAM SUPPORT$50
BAY PATH HUMANE SOCIETY OF HOPKINTON HOPKINTON, MAPROGRAM SUPPORT$125
BOSTON CHILDREN'S HOSPITAL BOSTON, MAPROGRAM SUPPORT$125

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVE MCMANUSTRUSTEE
CARLA MCCALLTRUSTEE
DANA MARKSTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Aaf Charitable Foundation?

Aaf Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBOROUGH, MA. It holds $316K in total assets as of 2024.

How large is Aaf Charitable Foundation?

As of 2024, Aaf Charitable Foundation holds $316K in total assets with $88K in annual revenue. It awarded 93 grants totaling $44K in 2024.

Where does Aaf Charitable Foundation operate?

Aaf Charitable Foundation has awarded grants in Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Massachusetts, Maryland, Maine, Minnesota, North Carolina, New Hampshire, New Jersey, New York, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Vermont.

What size grants does Aaf Charitable Foundation award?

In 2024, Aaf Charitable Foundation awarded 93 grants totaling $44K — an average of about $475.419 per grant, based on its IRS Form 990 filings.

How much is Aaf Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aaf Charitable Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Aaf Charitable Foundation's EIN?

Aaf Charitable Foundation's EIN (Employer Identification Number) is 20-7203353. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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