Alverson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOVELAND, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $313K in total assets. In 2024, it awarded 10 grants totaling $8K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$313K
+65.4% YoY
Annual Giving
$8K
+413.3% YoY
Grant Count
10
+233.3% YoY
Avg Grant Size
$770
+54.0% YoY
Under IRS private-foundation payout rules, Alverson Family Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About Alverson Family Foundation
Based on IRS filings
Alverson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOVELAND, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $313K in total assets. In 2024, it awarded 10 grants totaling $8K. Net investment income was $1K.
Focus Areas
Ready to take the next step with Alverson Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $312,572 | $188,981 | $89,972 |
| Revenue | $53,228 | $77,558 | $49,802 |
| Expenses | $10,002 | $3,726 | $6,186 |
| Qualifying Distributions | $8,835 | $3,725 | $5,500 |
| Net Investment Income | $1,305 | $1,076 | $75 |
| Distributable Amount | $11,411 | $5,147 | — |
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
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Circle Tail ($800), Compassion International ($800), Seattle Children's ($800).
| Recipient | Purpose | Amount |
|---|---|---|
| CIRCLE TAIL PLEASANT PLAIN, OH | GENERAL OPERATING EXPENSES | $800 |
| COMPASSION INTERNATIONAL COLORADO SPRINGS, CO | GENERAL OPERATING EXPENSES | $800 |
| SEATTLE CHILDREN'S SEATTLE, WA | GENERAL OPERATING EXPENSES | $800 |
| WORLD CENTRAL KITCHEN WASHINGTON DC, WA | GENERAL OPERATING EXPENSES | $500 |
| CATHOLIC CHARITIES SW OHIO CINCINNATI, OH | GENERAL OPERATING EXPENSES | $800 |
| SACRED HEART RADIO CINCINNATI, OH | GENERAL OPERATING EXPENSES | $800 |
| SOCIETY OF DT VINCENT DE PAUL NEW YORK, NY | GENERAL OPERATING EXPENSES | $800 |
| MOELLER HIGH SCHOOL CINCINNATI, OH | GENERAL OPERATING EXPENSES | $800 |
| URSULINE ACADEMY CINCINNATI, OH | GENERAL OPERATING EXPENSES | $800 |
| ST XAVIERS HIGH SCHOOL CINCINNATI, OH | GENERAL OPERATING EXPENSES | $800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS M ALVERSON | PRESIDENT | 1 | — |
| LYNNE M ALVERSON | SECRETARY | 1 | — |
| CHERYL A HUEBNER | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alverson Family Foundation?
Alverson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOVELAND, OH. It holds $313K in total assets as of 2024.
How large is Alverson Family Foundation?
As of 2024, Alverson Family Foundation holds $313K in total assets with $53K in annual revenue. It awarded 10 grants totaling $8K in 2024.
Where does Alverson Family Foundation operate?
Alverson Family Foundation has awarded grants in Colorado, District of Columbia, New York, Ohio, Washington.
What size grants does Alverson Family Foundation award?
In 2024, Alverson Family Foundation awarded 10 grants totaling $8K — an average of about $770 per grant, based on its IRS Form 990 filings.
How much is Alverson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alverson Family Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2021–2024.
Explore Open Grants
Browse active grant opportunities in Alverson Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Cooper Tire Foundation Inc
AKRON, OH
Assets
$71K
Grants
2
Total Given
$67K
Auburn Education Foundation
CONCORD TOWNSHIP, OH
Assets
$352K
Grants
2
Total Given
$214K
Galpin-white Ta
BROOKLYN, OH
Assets
$16K
Grants
1
Total Given
$887
The Cleveland Superior Arts
CLEVELAND, OH
Assets
$5K
Grants
1
Total Given
$251K
Mary E H Rutter Tr Para 28
BROOKLYN, OH
Assets
$401K
Grants
1
Total Given
$26K
Carrie Peska Memorial Scholarship Fund
ANDOVER, OH
Assets
$19K
Grants
1
Total Given
$4K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Alverson Family 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
Go from researching Alverson Family Foundation to a real strategy.