Alchemy Foundation
Alchemy Foundation is a private foundation based in Cambridge, Massachusetts. Its 2025 filing reports grants to charitable organizations in California and Colorado, while its 2024 filing says the foundation made higher-than-usual grants to further its charitable goals.
Alchemy Foundation at a glance
In short: Alchemy Foundation gave $20K across 2 grants in 2025 (avg $10K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,000
- -99.4% vs 2024
- Grants made (2025)
- 2
- -98.6% vs 2024
- Average grant
- $10,000
- -56.2% vs 2024
- Median grant
- $10,000
- Total assets
- $8,144,558
- +10142.3% vs 2024
- Primary geography
- California (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Alchemy Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests. It makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 104 Lakeview Avenue, Cambridge, MA 02138
Phone: (617) 731-6727
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Alchemy Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Foundation for the Free Flight ($10K). Together the top 2 received $20K.
Grant Size Distribution
685 grants across all recorded years
The most common grant size was under $50K: 675 grants of 685 (99%).
Geographic Focus
Where this funder awards grants
The foundation’s two reported grants in 2025 went to organizations in California and Colorado.
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Alchemy Foundation gives
- Giving fell 95% from 2022 to 2025. Method
- In 2025 it paid out 15% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $20K (2025) to $3.1M (2024). In 2025 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation for the Free Flight Truckee, CA | General Support | $10,000 |
| Wild Foundation Boulder, CO | General Support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
In its 2024 filing, the foundation said its net assets contracted substantially because it made charitable grants above its minimum distribution requirements and current-year income, in response to needs in areas important to the foundation.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $8,144,558 | $11,847,915 | $55,886 | $20,000 | 2 | $35,653 | $4,304,059 | $236,257 |
| 2024 | $79,519 | $328,662 | $3,162,720 | $3,147,242 | 138 | $3,154,077 | $120,019 | $56,962 |
| 2023 | $2,719,876 | $124,303 | $1,509,792 | $1,494,315 | 177 | $1,499,737 | $113,761 | $160,011 |
| 2022 | $3,335,381 | $13,883 | $455,051 | $438,927 | 190 | $443,212 | $32,659 | $189,453 |
| 2021 | $4,749,736 | $34,070 | $458,953 | $378,415 | 178 | $382,683 | $21,151 | $223,176 |
| 2020 | $4,375,507 | $3,158,969 | $2,009,989 | $1,987,766 | 188 | — | $3,137,277 | $186,001 |
Under IRS private-foundation payout rules, Alchemy Foundation reported a distributable amount of $236K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In filing year 2025, the foundation reported 2 grants totaling $20,000. Both grants were $10,000.
The 2025 grants included $10,000 to Foundation for the Free Flight in Truckee, California, for general support, and $10,000 to Wild Foundation in Boulder, Colorado, for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kyra Montagu, Dominic D Montagu, Sasha A Montagu, and Robert Hosang as trustees. It lists Kyra Montagu’s trustee term as ending in 2025.
Alchemy Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dominic D Montagu
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kyra Montagu
Trustee
On filings since 2020
1 hr/week
No compensation reported
Sasha A Montagu
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robert Hosang
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Jean Montagu (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Alchemy Foundation
How much does Alchemy Foundation give each year?
Alchemy Foundation gave $20K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.1M across 138 grants.
How large is Alchemy Foundation?
Alchemy Foundation reported $8.1M in total assets on its 2025 IRS Form 990-PF. It paid out $36K in qualifying distributions that year, against a required minimum of $236K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Alchemy Foundation?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Alchemy Foundation make grants?
The foundation’s two reported grants in 2025 went to organizations in California and Colorado.
What is Alchemy Foundation's EIN?
Alchemy Foundation's EIN (Employer Identification Number) is 04-3541830. IRS Form 990 filing data is available on this page for 2020–2025.
Does Alchemy Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 24, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 7, 2026)
- IRS filings on file for fiscal years 2020–2025
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Alchemy Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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