Adelard & Valeda Roy Foundation

BOSTON, MA EIN: 04-6652923

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

Under IRS private-foundation payout rules, Adelard & Valeda Roy Foundation reported a distributable amount of $758K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

12states
+4 more states

Cities

ActonAlbuquerqueAllstonAltamonte SpringsAmesburyAndoverArlingtonAtholAtlantaAugustaAyerBarreBerlinBeverlyBostonBrattleboroBrightonBrooklineBrunswickBurlington

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$232K$464K$696K$928K20202021202220232024
Metric202420232022
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

$0$155K$310K$465K$620K19 grants202094 grants2021111 grants2022155 grants2023125 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CATCHING THE DREAM$10KBLESSED STEPHEN BELLESIN…$8KCHOCORUA LAKE CONSERVANCY$8KELEANORE'S PROJECT$7KCOOLEY DICKINSON VNA & H…$6KHABITAT FOR HUMANITY INT…$6KANEW PLACE INC$5KAPPALACHIAN MOUNTAIN CLUB$5KAROUND HEAR INC$5KARTS COUNCIL OF TAMWORTH$5K

Grant Size Distribution

219 grants across all recorded years

219<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Adelard & Valeda Roy Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Catching the Dream ($10,000), Blessed Stephen Bellesini Osa ($7,500), Chocorua Lake Conservancy ($7,500).

RecipientPurposeAmount
ANEW PLACE INC BURLINGTON, VTGENERAL OPERATING SUPPORT$5,000
APPALACHIAN MOUNTAIN CLUB CHARLESTOWN, MATEEN SUMMER EMPLOYMENT OPPORTUNITIES$5,000
AROUND HEAR INC SOMERVILLE, MAGENERAL OPERATING SUPPORT$5,000
ARTS COUNCIL OF TAMWORTH TAMWORTH, NHARTIST IN RESIDENCY PROGRAM$5,000
ARTS FOR LEARNING MASSACHUSETTS INC BOSTON, MAEXPANDED ARTS ACCESS RESIDENCIES$5,000
ARTS IN REACH PORTSMOUTH, NHCORE PROGRAMS$5,000
ASPIRE LIVING & LEARNING INC BARRE, VTOPERATING SUPPORT$5,000
BALLET THEATRE OF BOSTON INC CAMBRIDGE, MAARTS EDUCATION PROGRAMMING$5,000
BEVERLY BOOTSTRAPS COMMUNITY SERVICES BEVERLY, MAFOOD ASSISTANCE PROGRAM$5,000
BIGELOW LABORATORY FOR OCEAN SCIENCES E BOOTHBAY, ME2025 BLOOM PROGRAMS$5,000

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

REV DR NANCY S SMITHTRUSTEE$19KMICHAEL J PUZOTRUSTEE$11KELIZABETH M FISHERTRUSTEE$9K

From 2024 filing

NameTitleHoursCompensation
REV DR NANCY S SMITHTRUSTEE2.5$18,750
ELIZABETH M FISHERTRUSTEE1$9,375
MICHAEL J PUZOTRUSTEE2.5$11,250

Recent News & Activity

Recent developments and announcements

2024

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 Award

Frequently Asked Questions

What does Adelard & Valeda Roy Foundation fund?

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 The foundation has identified specific populations and issue areas for priority consideration: **Priority Populations:** • Immigrants and re…

How do I apply for a grant from Adelard & Valeda Roy Foundation?

**Grant Amounts:** Typical awards range from $1,000 to $13,000, with a median grant amount of $4,000. **Annual Giving:** Total giving of $619,500 (based on most recent filing). **Grant History:** The foundation has made approximately 155 grants. **Application Process:** • The foundation operates on a preselected basis and does not accept unsolicited applications for funds • Applicants must document 501(c)(3) status • Annual deadline: September 30 • Applications should be submitted through the f…

Where does Adelard & Valeda Roy Foundation make 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

What size grants does Adelard & Valeda Roy Foundation award?

In 2024, Adelard & Valeda Roy Foundation awarded 125 grants totaling $620K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Adelard & Valeda Roy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Adelard & Valeda Roy Foundation reported a distributable amount of $758K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Adelard & Valeda Roy Foundation's EIN?

Adelard & Valeda Roy Foundation's EIN (Employer Identification Number) is 04-6652923. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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