Ahearn Foundation (pfd)

BUFFALO, NY EIN: 22-2266031

Ahearn Foundation (pfd) is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 5 grants totaling $32K. Net investment income was $126K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+4.9% YoY

Annual Giving

$32K

-67.3% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$6K

-60.8% YoY

Under IRS private-foundation payout rules, Ahearn Foundation (pfd) reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.

About Ahearn Foundation (pfd)

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $382K (93%)

District of Columbia $24K (6%)

Pennsylvania $5K (1%)

States

District of Columbia New York Pennsylvania

Cities

ApalachinBinghamptonBinghamtonBrackneyCortlandEndicottEndwellJohnson CityWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,926,885	$1,836,250	$1,875,759
Revenue	$150,656	$81,717	$127,601
Expenses	$57,335	$120,826	$134,080
Qualifying Distributions	$32,000	$98,295	$110,295
Net Investment Income	$126,428	$59,462	$104,809
Distributable Amount	$109,065	$99,908	$102,670

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

35 grants across all recorded years

Open Grants

1 open opportunity from Ahearn Foundation (pfd)

Foundation

Ahearn Foundation Grant

AHEARN FOUNDATION (PFD)

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Binghamton Downtown Singers Inc ($12,000), Binghamton Philharmonic Inc ($5,000), Together for Ukraine Foundation ($5,000).

Recipient	Purpose	Amount
BINGHAMTON PHILHARMONIC INC BINGHAMTON, NY	SUBSIDIZE EDUCAT'L	$5,000
BINGHAMTON DOWNTOWN SINGERS INC Binghamton, NY	PUBLIC SERVICE	$12,000
TOGETHER FOR UKRAINE FOUNDATION Binghamton, NY	PUBLIC SERVICE	$5,000
LUMA ARTS INITIATIVE INC BINGHAMPTON, NY	GENERAL USE	$5,000
AGEON FUND OF BROOME COUNTY INC BINGHAMTON, NY	HUMAN SERVICES	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MANUFACTURERS AND TRADERS TRUST	TRUSTEE	2	$22,997
ROBERT J AHEARN	CHAIRMAN	2	—
WILLIAM C AHEARN	COMMITTEE SECRETARY	1	—
MARILYN AHEARN	VICE CHAIRMAN	1	—

Frequently Asked Questions

How large is Ahearn Foundation (pfd)?

As of 2024, Ahearn Foundation (pfd) holds $1.9M in total assets with $151K in annual revenue. It awarded 5 grants totaling $32K in 2024.

Where does Ahearn Foundation (pfd) operate?

Ahearn Foundation (pfd) has awarded grants in District of Columbia, New York, Pennsylvania.

What size grants does Ahearn Foundation (pfd) award?

In 2024, Ahearn Foundation (pfd) awarded 5 grants totaling $32K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Ahearn Foundation (pfd) required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ahearn Foundation (pfd) reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.