Adelard & Valeda Roy Foundation
The Adelard A. and Valeda Lea Roy Foundation is a private foundation based in Boston, Massachusetts, established in 1990. The foundation makes grants in support of educational, cultural, environmental, and social service organizations, primarily in New England and occasionally in the southwestern United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+3.0% YoY
Annual Giving
$620K
+2.9% YoY
Grant Count
125
-19.4% YoY
Avg Grant Size
$5K
+27.6% YoY
Mission & Focus Areas
The AV Roy Foundation makes grants in support of educational, cultural, environmental, and social service organizations. The foundation has historically supported a broad range of organizations working in the following areas:
- Arts and culture
- Churches
- Education
- Environmental education
- Food access
- Health
- Land trusts
- Museums
- Social services
Current Funding Priorities (2025)
The foundation has identified specific populations and issue areas for priority consideration:
Priority Populations:
- Immigrants and refugees
- Indigenous communities
- Youth from low-income backgrounds
- The elderly
Priority Issue and Program Areas:
- Environment: Land conservation (particularly projects close to completion and those resulting in easements held by accredited land trusts), environmental education, and climate change initiatives
- Elderly: Initiatives related to dignity and independence, health, arts, and recreation
- Health: Hospice and home health care
- Health and Welfare: Food security, housing, and basic human needs
- Arts and Culture: Arts access and education for priority populations, and historic preservation
- Education: Priority given to schools serving youth from low-income backgrounds, especially independent and religious schools; general youth development programs must work primarily with immigrants and refugees
Grantmaking
Review Cycle
September 30
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation prioritizes funding in the following regions:
- Primary Focus: Greater Boston, with priority to regions within Route 128
- Secondary Focus: Underserved rural and urban communities in Vermont, New Hampshire, and Maine
- Excluded Areas: The foundation does not fund organizations or programs in Central or Western Massachusetts or on Cape Cod
- Occasional Support: Southwestern United States
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $4,497,233
- Total Annual Giving: $619,500
- IRS Status: 501(c)(3) private foundation
- EIN: 04-6652923
- Most Recent Tax Filing: 2023-2024
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,497,233 | $4,366,113 | $4,674,134 |
| Revenue | $843,681 | $362,685 | $363,244 |
| Expenses | $712,561 | $671,641 | $584,606 |
| Qualifying Distributions | $662,090 | $633,863 | $542,063 |
| Net Investment Income | $797,730 | $328,032 | $328,449 |
| Distributable Amount | $757,892 | $650,464 | $633,006 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
219 grants across all recorded years
Open Grants
1 open opportunity from Adelard & Valeda Roy Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Rev. Dr. Nancy Spencer-Smith – Trustee
- Elizabeth M. Fisher – Trustee
- Michael J. Puzo – Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REV DR NANCY S SMITH | TRUSTEE | 2.5 | $18,750 |
| ELIZABETH M FISHER | TRUSTEE | 1 | $9,375 |
| MICHAEL J PUZO | TRUSTEE | 2.5 | $11,250 |
Recent News & Activity
Recent developments and announcements
In January 2024, the Adelard A. and Valeda Lea Roy Foundation awarded a grant to Open Table, a MetroWest charity dedicated to fighting hunger and building healthy communities. The funds supported the expansion of Open Table's home delivery program, which addresses transportation and mobility barriers that hinder individuals experiencing food insecurity from accessing essential food resources. During a pilot program in Hudson, the organization reached approximately 180% more households when home delivery was added as an option for clients.
Valeda Light Delivery System Receives 2019 Medical Design Excellence AwardRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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