Albert W Cherne Foundation
Albert W Cherne Foundation is a private foundation focused on People with disabilities, based in FOUNTAIN HILLS, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.3M in total assets. In 2024, it awarded 17 grants totaling $550K. Net investment income was $168K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.3M
-3.4% YoY
Annual Giving
$550K
+147.0% YoY
Grant Count
17
+112.5% YoY
Avg Grant Size
$32K
+16.2% YoY
Under IRS private-foundation payout rules, Albert W Cherne Foundation reported a distributable amount of $626K for 2024 — the minimum it must pay out in qualifying distributions.
About Albert W Cherne Foundation
Based on IRS filings
Albert W Cherne Foundation is a private foundation focused on People with disabilities, based in FOUNTAIN HILLS, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.3M in total assets. In 2024, it awarded 17 grants totaling $550K. Net investment income was $168K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,347,460 | $11,748,712 | $11,755,867 |
| Revenue | $154,060 | $223,703 | $218,867 |
| Expenses | $555,312 | $230,858 | $333,169 |
| Qualifying Distributions | $551,059 | $224,533 | $324,813 |
| Net Investment Income | $168,262 | $221,813 | $189,706 |
| Distributable Amount | $626,373 | $546,929 | $546,986 |
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
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include International Dark Sky Discovery Center Inc ($150,000), Risen Christ School ($100,000), Hillsdale College ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIANCE DEFENDING FREEDOM SCOTTSDALE, AZ | PROGRAM SUPPORT | $10,000 |
| AMERICAN CENTER FOR LAW AND JUSTICE WASHINGTON, DC | PROGRAM SUPPORT | $5,000 |
| CAMP JORN MANITOWISH WATERS, WI | PROGRAM SUPPORT | $20,000 |
| CHILDRENS HEALTH DEFENSE FRANKLIN LAKES, NJ | PROGRAM SUPPORT | $5,000 |
| FRANK B KOLLER LIBRARY MANITOWISH WATERS, WI | PROGRAM SUPPORT | $1,500 |
| HATS AND MITTENS ASSOCIATION MINNETONKA, MN | PROGRAM SUPPORT | $5,000 |
| HILLSDALE COLLEGE HILLSDALE, MI | PROGRAM SUPPORT | $75,000 |
| HISTORIC IRONWOOD THEATER IRONWOOD, MI | PROGRAM SUPPORT | $3,000 |
| INFORMED CONSENT ACTION NETWORK HOUSTON, TX | PROGRAM SUPPORT | $10,000 |
| INTERNATIONAL DARK SKY DISCOVERY CENTER INC FOUNTAIN HILLS, AZ | PROGRAM SUPPORT | $150,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| A WILLIAM CHERNE | PRESIDENT/DIRECTOR | 1 | — |
| M JUDITH HARDEBECK | VP/SEC/TREAS/DIR | 1 | — |
| ELIZABETH B CHERNE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Albert W Cherne Foundation?
Albert W Cherne Foundation is a private foundation focused on People with disabilities, based in FOUNTAIN HILLS, AZ. It holds $11.3M in total assets as of 2024.
How large is Albert W Cherne Foundation?
As of 2024, Albert W Cherne Foundation holds $11.3M in total assets with $154K in annual revenue. It awarded 17 grants totaling $550K in 2024.
Where does Albert W Cherne Foundation operate?
Albert W Cherne Foundation has awarded grants in Arizona, California, District of Columbia, Maine, Michigan, Minnesota, New Jersey, Texas, Wisconsin.
What size grants does Albert W Cherne Foundation award?
In 2024, Albert W Cherne Foundation awarded 17 grants totaling $550K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is Albert W Cherne Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert W Cherne Foundation reported a distributable amount of $626K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albert W Cherne Foundation's EIN?
Albert W Cherne Foundation's EIN (Employer Identification Number) is 23-7005356. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Albert W Cherne Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.