Allen Foundation

BOCA RATON, FL EIN: 35-6867269

Allen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 11 grants totaling $511K. Net investment income was $203K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

Annual Giving

$511K

Grant Count

11

Avg Grant Size

$46K

Under IRS private-foundation payout rules, Allen Foundation reported a distributable amount of $199K for 2024 — the minimum it must pay out in qualifying distributions.

About Allen Foundation

Based on IRS filings

Allen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 11 grants totaling $511K. Net investment income was $203K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

Ann ArborBrooklynEast HamptonLanhamLexingtonNew YorkPalm BeachRye BrookSanta MonicaWashingtonWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$262K$524K$786K$1M2020202120222024
Metric202420222021
Total Assets$3,335,861$4,242,059$4,500,736
Revenue$231,769$88,006$952,700
Expenses$541,043$468,289$717,230
Qualifying Distributions$512,260$429,750$659,456
Net Investment Income$202,986$89,948$894,926
Distributable Amount$199,270$218,768$249,933

Giving Over Time

Total grant dollars and number of grants per year

$0$165K$330K$495K$659K16 grants202013 grants202113 grants202211 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PROSTATE CANCER FOUNDATION$100KUNIVERSITY OF MICHIGAN$100KWHITE HOUSE HISTORICAL S…$85KLINCOLN CENTER THEATRE$76KWEILL MEDICAL COLLEGE$50KGLADES ACADEMY$25KNEW YORKERS FOR CHILDREN$25KNORTON MUSEUM OF ART$25KGRAYSON JOCKEY CLUB$10KPRESERVATION FOUNDATION …$10K

Grant Size Distribution

53 grants across all recorded years

34<$50K11$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Prostate Cancer Foundation ($100,000), University of Michigan ($100,000), White House Historical Society ($85,000).

RecipientPurposeAmount
GLADES ACADEMY WEST PALM BEACH, FLGENERAL SUPPORT$25,000
GRAYSON JOCKEY CLUB LEXINGTON, KYGENERAL SUPPORT$10,000
LINCOLN CENTER THEATRE NEW YORK, NYGENERAL SUPPORT$76,000
NEW YORKERS FOR CHILDREN NEW YORK, NYGENERAL SUPPORT$25,000
NORTON MUSEUM OF ART WEST PALM BEACH, FLGENERAL SUPPORT$25,000
PRESERVATION FOUNDATION OF PB PALM BEACH, FLGENERAL SUPPORT$10,000
PROSTATE CANCER FOUNDATION SANTA MONICA, CAGENERAL SUPPORT$100,000
SOCIETY OF THE FOUR ARTS PALM BEACH, FLGENERAL SUPPORT$5,000
UNIVERSITY OF MICHIGAN ANN ARBOR, MIGENERAL SUPPORT$100,000
WEILL MEDICAL COLLEGE NEW YORK, NYGENERAL SUPPORT$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH ALLENTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Allen Foundation?

Allen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $3.3M in total assets as of 2024.

How large is Allen Foundation?

As of 2024, Allen Foundation holds $3.3M in total assets with $232K in annual revenue. It awarded 11 grants totaling $511K in 2024.

Where does Allen Foundation operate?

Allen Foundation has awarded grants in California, District of Columbia, Florida, Kentucky, Maryland, Michigan, New York.

What size grants does Allen Foundation award?

In 2024, Allen Foundation awarded 11 grants totaling $511K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is Allen Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Allen Foundation reported a distributable amount of $199K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Allen Foundation's EIN?

Allen Foundation's EIN (Employer Identification Number) is 35-6867269. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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