Alverson Family Foundation

Private foundation · Grantmaker Loveland, OH EIN: 87-0857730

Alverson Family Foundation is a private foundation, based in Loveland, OH. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $344K in total assets. In 2025, it awarded 5 grants totaling $18K. Net investment income was $1K.

Key facts about Alverson Family Foundation

In short: Alverson Family Foundation gave $18K across 5 grants in 2025 (avg $4K), mostly in Ohio. Source: 2025 IRS Form 990-PF.

EIN
87-0857730
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$17,985
Grants made (2025)
5
Average grant
$3,597
Median grant
$1,600
Total assets
$344,453
Primary geography
Ohio (74% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$344K

+10.2% YoY

Annual Giving

$18K

+133.6% YoY

Grant Count

5

-50.0% YoY

Avg Grant Size

$4K

+367.1% YoY

Under IRS private-foundation payout rules, Alverson Family Foundation reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

How Alverson Family Foundation gives

  • Giving grew 1099% from 2022 to 2025. Method
  • In 2025 it paid out 128% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

CincinnatiSeattleColorado SpringsPleasant PlainWashington DCAtlantaHagerstownNew YorkWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 3 grants2022 3 grants2023 10 grants2024 5 grants2025

From 2022 to 2025, annual grant giving ranged from $2K (2022) to $18K (2025). In 2025 it made 5 grants totaling $18K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Roger Bacon High School: $13KRoger Bacon High School$13KFocus: $2KFocus$2KChild's Play: $2KChild's Play$2KWorld Central Kitchen: $800World Central Kitchen$800American Cancer Society: $200American Cancer Society$200

The largest 2025 recipient was Roger Bacon High School ($13K). Together the top 5 received $18K.

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 21 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Roger Bacon High School Cincinnati, OHGeneral Operating Expenses$13,385
Focus Atlanta, GAGeneral Operating Expenses$2,000
Child's Play Seattle, WAGeneral Operating Expenses$1,600
World Central Kitchen Washington DC, WAGeneral Operating Expenses$800
American Cancer Society Hagerstown, MDGeneral Operating Expenses$200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$344,453$312,572$188,981
Revenue$3,090$53,228$77,558
Expenses$21,874$10,002$3,726
Qualifying Distributions$20,065$8,835$3,725
Net Investment Income$1,317$1,305$1,076
Distributable Amount$15,649$11,411$5,147

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 19, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 22, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 31, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Alverson Family Foundation is led by Thomas M. Alverson, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Thomas M. Alverson

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Cheryl A. Huebner

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lynne M. Alverson

    Secretary

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Alverson Family Foundation

How much does Alverson Family Foundation give each year?

Alverson Family Foundation gave $18K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 10 grants.

What is Alverson Family Foundation's typical grant size?

Alverson Family Foundation's median grant in 2025 was $1,600, and its average grant was $3,597, across 5 grants on its 2025 IRS Form 990-PF.

Where does Alverson Family Foundation give grants?

Alverson Family Foundation gives mostly in Ohio: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Washington (13%) and Georgia (11%).

Does Alverson Family Foundation give general operating support?

Yes: 100% of Alverson Family Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Alverson Family Foundation's largest grantees?

Alverson Family Foundation's largest 2025 grantees include Roger Bacon High School ($13,385), Focus ($2,000) and Child's Play ($1,600), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.

How large is Alverson Family Foundation?

Alverson Family Foundation reported $344K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is Alverson Family Foundation's EIN?

Alverson Family Foundation's EIN (Employer Identification Number) is 87-0857730. IRS Form 990 filing data is available on this page for 2021–2025.

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

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