Alban Foundation Inc

Foundation · Grantmaker Cockeysville, MD EIN: 52-2214211

Alban Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cockeysville, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $123K. Net investment income was $95K.

Key facts about Alban Foundation Inc

EIN: 52-2214211
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $123,000
Grants made (2024): 5
Average grant: $24,600
Median grant: $25,000
Total assets: $1,094,728
Primary geography: Maryland (59% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Alban Foundation Inc funds

By grant dollars, the top recipient states for Alban Foundation Inc's 5 itemized 2024 grants were Maryland (59%) and South Carolina (41%). The most frequent recipient cities were Baltimore, MD (3 grants). 100% of grants with a stated purpose were for general or operating support.

How Alban Foundation Inc gives

Giving held roughly steady from 2021 to 2024 (+14%). Method
In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Alban Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-2.4% YoY

Annual Giving

$123K

+0.4% YoY

Grant Count

+25.0% YoY

Avg Grant Size

$25K

-19.6% YoY

Under IRS private-foundation payout rules, Alban Foundation Inc reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.

About Alban Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $73K (59%)

South Carolina $50K (41%)

Share of all 5 itemized 2024 grant dollars.

States

District of Columbia Massachusetts Maryland New York South Carolina Virginia

Cities

BaltimoreRural RetreatColumbiaWashingtonBronxvilleChestertownHavre De GraceLuthervilletimoniumNantucketQuantico

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,094,728	$1,121,722	$1,220,636
Revenue	$113,699	$46,280	$88,742
Expenses	$140,693	$145,194	$142,085
Qualifying Distributions	$123,000	$122,458	$130,172
Net Investment Income	$95,006	$36,460	$76,829
Distributable Amount	$138,449	$122,730	$122,458

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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

29 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of South Carolina ($50,000), Boys Latin School of Maryland ($25,000), Living Classroom Foundation ($25,000).

Recipient	Purpose	Amount
UNIVERSITY OF SOUTH CAROLINA Columbia, SC	UNRESTRICTED	$50,000
BOYS LATIN SCHOOL OF MARYLAND Baltimore, MD	UNRESTRICTED	$25,000
LIVING CLASSROOM FOUNDATION Baltimore, MD	UNRESTRICTED	$25,000
ST ELIZABETH SCHOOL Baltimore, MD	UNRESTRICTED	$13,000
ASHLEY ADDICTION TREATMENT Havre De Grace, MD	UNRESTRICTED	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
James C Alban IV	Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alban Foundation Inc?

Alban Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cockeysville, MD. It holds $1.1M in total assets as of 2024.

How large is Alban Foundation Inc?

As of 2024, Alban Foundation Inc holds $1.1M in total assets with $114K in annual revenue. It awarded 5 grants totaling $123K in 2024.

Where does Alban Foundation Inc operate?

Alban Foundation Inc has awarded grants in District of Columbia, Massachusetts, Maryland, New York, South Carolina, Virginia.

What size grants does Alban Foundation Inc award?

In 2024, Alban Foundation Inc awarded 5 grants totaling $123K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Alban Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alban Foundation Inc reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.