American Tower Corporation Foundation
American Tower Corporation Foundation is a private grantmaking foundation based in Boston, Massachusetts. Established in 2017, it operates as a 501(c)(3) charitable organization focused on philanthropic giving and disaster relief efforts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.4M
+37.8% YoY
Annual Giving
$1.7M
+12.5% YoY
Grant Count
632
+20.2% YoY
Avg Grant Size
$3K
-6.4% YoY
Mission & Focus Areas
The foundation funds general purpose charitable initiatives and disaster relief. According to its most recent filings, the foundation makes contributions exclusively to preselected charitable organizations.
Grantmaking
The foundation maintains active and growing grantmaking operations:
Grant Range
$250
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- New York
- North Carolina
Grantmaking reaches organizations across 46 states nationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $15.4 million
- Annual Income: $10.6 million
- Total Revenues: $5.5 million
- Total Expenses: $1.87 million
2023 Financial Data:
- Total Assets: $11.2 million
- Total Revenues: $5.2 million
- Total Expenses: $1.51 million
- Total Liabilities: $419,000
Asset Growth: Total assets have grown from $9.1 million in 2019 to $15.4 million in 2024. Annual giving increased from $1 million in 2022 to $1.5 million in 2023.
Tax Status: Tax-exempt since September 2017. Contributions to the foundation are tax-deductible.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,421,776 | $11,187,548 | $7,107,056 |
| Revenue | $5,529,882 | $5,199,641 | $67,632 |
| Expenses | $1,870,975 | $1,511,243 | $1,218,356 |
| Qualifying Distributions | $1,827,292 | $1,616,339 | $1,084,425 |
| Net Investment Income | $437,328 | $146,536 | $96,826 |
| Distributable Amount | $534,845 | $451,592 | $396,816 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Foundation leadership includes:
- Francis Soares, Vice President, Finance and Treasurer
- Naheed Malik, Vice President, Finance and Treasurer
- Christine M. Brennan, Vice President
The foundation is governed by 13 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENNA D JONES | PRESIDENT & DIRECTOR | 1.2 | — |
| GIGI BRUNO | DIRECTOR (UNTIL 1/16/2024) | 0.5 | — |
| ERICK VEDASTO | DIRECTOR | 0.5 | — |
| JUAN PABLO GARCIA | DIRECTOR (UNTIL 1/16/2024) | 0.5 | — |
| COLLEEN RICHARDS POWELL | DIRECTOR | 0.5 | — |
| MNEESHA O NAHATA | DIRECTOR | 0.5 | — |
| RODNEY SMITH | DIRECTOR | 0.5 | — |
| MATTHEW PETERSON | VP, GRANTS & DIRECTOR(UNTIL 6/24/2024) | 1 | — |
| CHRISTINE M BRENNAN | VP, ADMIN. & SECRETARY | 22 | — |
| KATHLEEN QUINN | ASSISTANT SECRETARY | 20 | — |
| FRANCIS SOARES | VP, FINANCE & TREASURER | 10 | — |
Contact Information
Phone: (617) 585-7704
Location: Boston, Massachusetts
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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