Alchemy Foundation is a private foundation based in Cambridge, Massachusetts. The organization is designated as a 501(c)(3) nonprofit and has been tax-exempt since February 2001. It operates as a grantmaking foundation focused on supporting philanthropic initiatives and community development.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$80K
-97.1% YoY
Annual Giving
$3.1M
+110.6% YoY
Grant Count
138
-22.0% YoY
Avg Grant Size
$23K
+170.1% YoY
Mission & Focus Areas
Alchemy Foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation has no currently live grant opportunities listed.
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Geographic Focus
Where this funder awards grants
Alchemy Foundation primarily directs its grantmaking toward organizations in:
- Massachusetts
- New York
- District of Columbia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total assets: $79,519
- Total giving: $3,147,242
- Annual revenue: $329,000
- Annual expenses: $3,160,000
- Total liabilities: $0
The foundation's financial data is sourced from IRS Form 990 filings, with records available from 2011 to 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $79,519 | $2,719,876 | $3,335,381 |
| Revenue | $328,662 | $124,303 | $13,883 |
| Expenses | $3,162,720 | $1,509,792 | $455,051 |
| Qualifying Distributions | $3,154,077 | $1,499,737 | $443,212 |
| Net Investment Income | $120,019 | $113,761 | $32,659 |
| Distributable Amount | $56,962 | $160,011 | $189,453 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kyra Montagu | Trustee | 1 | — |
| Dominic D Montagu | Trustee | 1 | — |
| Sasha A Montagu | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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