Alchemy Charitable Foundation

Foundation · Grantmaker Denver, CO EIN: 31-1805534

Alchemy Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Denver, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 6 grants totaling $794K. Net investment income was $174K.

Key facts about Alchemy Charitable Foundation

EIN: 31-1805534
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $794,000
Grants made (2024): 6
Average grant: $132,333
Median grant: $17,500
Total assets: $3,520,006
Primary geography: California (91% of itemized 2024 grant dollars)

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

Who Alchemy Charitable Foundation funds

By grant dollars, the top recipient states for Alchemy Charitable Foundation's 6 itemized 2024 grants were California (91%). 100% of grants with a stated purpose were for general or operating support.

How Alchemy Charitable Foundation gives

Giving grew 508% from 2021 to 2024. Method
In 2024 it paid out 709% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Alchemy Charitable Foundation

How to evaluate Alchemy Charitable Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

+64.8% YoY

Annual Giving

$794K

+1317.9% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$132K

+608.9% YoY

Under IRS private-foundation payout rules, Alchemy Charitable Foundation reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.

About Alchemy Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $720K (91%)

Colorado $39K (5%)

New Mexico $25K (3%)

Virginia $5K (1%)

Utah $5K (1%)

Share of all 6 itemized 2024 grant dollars.

States

Alabama Arizona California Colorado District of Columbia Maryland New Mexico New York Pennsylvania Utah Virginia Vermont Washington

Cities

BasaltSalt Lake CitySante FeGlade ParkGrand JunctionPutneyAspenSan JoseChesterDenverDurangoFlagstaffIssaquahPittsburghPort WashingtonSan FranciscoSitkaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,520,006	$2,136,522	$1,952,925
Revenue	$2,207,341	$288,125	$147,519
Expenses	$823,222	$103,661	$984,099
Qualifying Distributions	$794,000	$56,000	$922,500
Net Investment Income	$174,250	$275,195	$110,952
Distributable Amount	$112,009	$105,919	$128,318

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 6 recipients in 2024

Grant Size Distribution

39 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Salish Coast Marine & Wildlife Conservation ($720,000), The Arts Campus at Willits ($29,000), Western Landowners Alliance ($25,000).

Recipient	Purpose	Amount
SALISH COAST MARINE & WILDLIFE CONSERVATION San Jose, CA	GENERAL PROGRAM	$720,000
THE ARTS CAMPUS AT WILLITS Basalt, CO	GENERAL PROGRAM	$29,000
WESTERN LANDOWNERS ALLIANCE Sante Fe, NM	GENERAL PROGRAM	$25,000
COLORADO WEST LAND TRUST Grand Junction, CO	GENERAL PROGRAM	$10,000
THE PUTNEY SCHOOL Putney, VA	GENERAL PROGRAM	$5,000
UTAH OPEN LANDS Salt Lake City, UT	GENERAL PROGRAM	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2024 IRS filing

Name	Title	Hours	Compensation
Mary Conover	President, and Secretary	1	—
Kenyon Fields	Vice President, and Treasu	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alchemy Charitable Foundation?

Alchemy Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Denver, CO. It holds $3.5M in total assets as of 2024.

How large is Alchemy Charitable Foundation?

As of 2024, Alchemy Charitable Foundation holds $3.5M in total assets with $2.2M in annual revenue. It awarded 6 grants totaling $794K in 2024.

Where does Alchemy Charitable Foundation operate?

Alchemy Charitable Foundation has awarded grants in Alabama, Arizona, California, Colorado, District of Columbia, Maryland, New Mexico, New York, Pennsylvania, Utah, Virginia, Vermont, Washington.

What size grants does Alchemy Charitable Foundation award?

In 2024, Alchemy Charitable Foundation awarded 6 grants totaling $794K — an average of about $132K per grant, based on its IRS Form 990 filings.

How much is Alchemy Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alchemy Charitable Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.