Alexander Eastman Foundation
The Alexander Eastman Foundation is a private, non-operating foundation based in Derry, New Hampshire. Established in 1947, it operates as a 501(c)(3) organization dedicated to supporting community-based initiatives through grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.7M
+15.0% YoY
Annual Giving
$617K
-0.6% YoY
Grant Count
22
+22.2% YoY
Avg Grant Size
$28K
-18.7% YoY
Mission & Focus Areas
The foundation primarily funds initiatives in the following areas:
- Volunteer recruitment and training
- Food security and nutrition programs, including support for soup kitchens and food banks to increase access to fresh, healthy foods
- Education
- Human Services
- Philanthropy and voluntarism
Grantmaking
The foundation made 15 grants in 2024, including:
Grant Range
& Distribution:**
Average Grant
$34,000–$43,000
Review Cycle
and restrictions are available through the foundation directly.
How to Apply
**
Ready to take the next step with Alexander Eastman Foundation?
Geographic Focus
Where this funder awards grants
The foundation concentrates its grantmaking in New Hampshire.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $11.7–$12.1 million
- Total revenues: $488,217
- Total expenses: $924,641
- Annual income: $3.9 million
- Total giving: $386,434
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,725,013 | $10,192,893 | $9,713,323 |
| Revenue | $488,217 | $465,754 | $904,654 |
| Expenses | $924,641 | $837,134 | $938,967 |
| Qualifying Distributions | $695,053 | $770,037 | $840,271 |
| Net Investment Income | $359,069 | $351,098 | $773,695 |
| Distributable Amount | $491,792 | $454,975 | $491,023 |
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
93 grants across all recorded years
Open Grants
1 open opportunity from Alexander Eastman Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Paul Hebert – Principal Officer
- David McPherson – Executive Director
- Thomas Hosey – Treasurer
The foundation is governed by 13 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURIE WARNOCK | CHAIR | 2 | — |
| THOMAS HOSEY | TRUSTEE | 0.5 | — |
| MIKE HUGHES | VICE CHAIR | 2 | — |
| LAUREN ABBOTT | TRUSTEE | 0.5 | — |
| DR ANGELA CURRIE PHD | TRUSTEE | 0.5 | — |
| PAUL DOOLITTLE | TRUSTEE | 0.5 | — |
| CHARLIE FOOTE | TRUSTEE | 0.5 | — |
| JILL HARTMAN | TREASURER | 2 | — |
| SHAWN HAGGART | TRUSTEE | 0.5 | — |
| JIM CAREY | TRUSTEE | 0.5 | — |
| MIKE MALAGUTI | SECRETARY | 2 | — |
| CRAIG CUNNINGHAM | TRUSTEE | 0.5 | — |
| GEORGE SIORAS | TRUSTEE | 0.5 | — |
| DENNIS TOOMBS | TRUSTEE | 0.5 | — |
| DAVID MCPHERSON | EXECUTIVE DI | 50 | $121,275 |
| LISA LAFFERTY | TRUSTEE | 0.5 | — |
| TIM POWERS | TRUSTEE | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation announced its 2025 Annual Grant Funding Round and has maintained regular community grant award announcements, including the 2024 Annual Community Grant Awards and 2023 Foundation Grant Awards to area nonprofits.
Alexander Eastman FoundationRelated Funders
Similar funders by location and focus area
Maine Dental Service Corporation
CONCORD, NH
Assets
$86.4M
Grants
1
Total Given
$331K
Hefflon Fbo Various Charities Tr Xxx-xx-xxxx
MANCHESTER, NH
Assets
$439K
Grants
3
Total Given
$25K
Lighthouse Federal Credit Union
PORTSMOUTH, NH
Assets
$1.9B
Grants
3
Total Given
$42K
Bhbt Ttee Henderson Charitable Trust
CONCORD, NH
Assets
$309K
Grants
4
Total Given
$16K
Dartmouth-Hitchcock Clinic
LEBANON, NH
Assets
$285.1M
Grants
77
Total Given
$3.3M
Serve and Succeed Charitable Foundation
CLAREMONT, NH
Assets
$1.8M
Grants
2
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Alexander Eastman Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities