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
Under IRS private-foundation payout rules, American Tower Corporation Foundation reported a distributable amount of $535K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include American National Red Cross ($65,000), American Telugu Association ($16,000), American Friends of Un Techo Para Mi Pais Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 2323111 NORTH BELLMORE N MERRICK LL N BELLMORE, NY | GENERAL PURPOSE | $25 |
| 2LIFE COMMUNITIES BRIGHTON, MA | GENERAL PURPOSE | $525 |
| 3STRANDS GLOBAL FOUNDATION EL DORADO HILLS, CA | GENERAL PURPOSE | $5 |
| ACLU FOUNDATION (AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC) NEW YORK, NY | GENERAL PURPOSE | $3,100 |
| ACTIONAID USA WASHINGTON, DC | GENERAL PURPOSE | $25 |
| ACTIVE MINDS INC WASHINGTON, DC | GENERAL PURPOSE | $5 |
| ADNP KIDS RESEARCH FOUNDATION BRUSH PRAIRIE, WA | GENERAL PURPOSE | $600 |
| ADVENTURES OF THE HEART MINISTRIES INC NORCROSS, GA | GENERAL PURPOSE | $1,100 |
| ADVOCATES FOR TRANS EQUALITY FKA NATIONAL CENTER FOR TRANSGENDER EQUALITY-N WASHINGTON, DC | GENERAL PURPOSE | $10,000 |
| AIDS PROJECT WORCESTER INC WORCESTER, MA | GENERAL PURPOSE | $500 |
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
Frequently Asked Questions
What does American Tower Corporation Foundation fund?
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.
How do I apply for a grant from American Tower Corporation Foundation?
The foundation maintains active and growing grantmaking operations: **Grant Activity:** • Made 523 grants in 2024, totaling approximately $1.02 million • Made 1,049 total grants across all years on record, totaling $2.6 million • Median grant size: $250 • Grant range: up to $100,000 • Average award: $2,000 **Recent Grants (2024):** • North Carolina Central University Foundation: $100,000 (General Purpose) • The Foundation for NC A&T State University: $100,000 (General Purpose) • World Central K…
Where does American Tower Corporation Foundation make grants?
The foundation primarily funds organizations in: • Massachusetts • New York • North Carolina Grantmaking reaches organizations across 46 states nationally.
What size grants does American Tower Corporation Foundation award?
In 2024, American Tower Corporation Foundation awarded 632 grants totaling $1.7M — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is American Tower Corporation Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, American Tower Corporation Foundation reported a distributable amount of $535K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is American Tower Corporation Foundation's EIN?
American Tower Corporation Foundation's EIN (Employer Identification Number) is 81-5266916. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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