Anchorage Alumni Foundation

Foundation · Grantmaker Anchorage, AK EIN: 92-0140338

Anchorage Alumni Foundation is a private foundation, based in Anchorage, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 11 grants totaling $62K. Net investment income was $101K.

Key facts about Anchorage Alumni Foundation

EIN: 92-0140338
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $61,750
Grants made (2024): 11
Average grant: $5,614
Median grant: $4,000
New grantees (estimate): 30% first-time grantees (3 of 10, 2024)
Total assets: $1,705,632
Primary geography: Alaska (79% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Anchorage Alumni Foundation funds

By grant dollars, the top recipient states for Anchorage Alumni Foundation's 11 itemized 2024 grants were Alaska (79%) and Texas (8%). The most frequent recipient cities were Anchorage, AK (6 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "Community Program" (4 grants) and "Community Support" (4 grants).

Is Anchorage Alumni Foundation open to new grantees?

30%

first-time grantees, 2024

In 2024, 3 of 10 grantees (30%) were first-time recipients. First grants averaged $4K; repeat grants $5K. How we count

Medians: $3K first-time, $4K repeat.

70% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−3%). Method
In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Anchorage Alumni Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+10.0% YoY

Annual Giving

$62K

-11.7% YoY

Grant Count

+10.0% YoY

Avg Grant Size

$6K

-19.7% YoY

Under IRS private-foundation payout rules, Anchorage Alumni Foundation reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.

About Anchorage Alumni Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alaska $49K (79%)

Texas $5K (8%)

Alabama $3K (5%)

District of Columbia $3K (4%)

South Carolina $2K (3%)

All other $500 (1%)

Share of all 11 itemized 2024 grant dollars.

States

Alaska Alabama California District of Columbia Florida Georgia New York Pennsylvania South Carolina Tennessee Texas Washington Wisconsin

Cities

AnchorageAtlantaColumbiaWashingtonMontgomeryMemphisFairbanksHoustonNew YorkPittsburghRiverviewSacramentoSeattleTampaVerona

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,705,632	$1,550,682	$1,409,310
Revenue	$120,604	$84,650	$87,313
Expenses	$80,968	$79,187	$81,128
Qualifying Distributions	$72,505	—	—
Net Investment Income	$101,376	$75,362	$67,897
Distributable Amount	$78,778	$71,774	$76,332

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

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

65 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Scholarships - Records on File ($17,750), Kappa Alpha Psi ($13,000), Misc Grants ($7,500).

Recipient	Purpose	Amount
Scholarships - Records on File Anchorage, AK	Scholarships	$17,750
Kappa Alpha Psi Anchorage, AK	Community Support	$13,000
Misc Grants Anchorage, AK	Community Programs	$7,500
Delta Rho Anchorage, AK	Community Support	$6,000
Positive Black Male Association Houston, TX	Community Program	$5,000
Youth Development Program Anchorage, AK	Community Support	$4,000
ASU Trust for Educational Excellenc Montgomery, AL	Community Program	$3,000
Xi Chapter Preservation Foundation Washington, DC	Community Program	$2,500
Benedict College Columbia, SC	Community Program	$2,000
Shiloh Missionary Baptist Church Anchorage, AK	1928 Juneau Street	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Johnny Gibbons	SecretaryTreasurer	4	—
Bernard Gatewood	President	4	—
Darryl K Sample	Assistant Secretary	2	—
Hennies McConnell	Vice President	4	—
Christopher Gay	Director	2	—

Frequently Asked Questions

How large is Anchorage Alumni Foundation?

As of 2024, Anchorage Alumni Foundation holds $1.7M in total assets with $121K in annual revenue. It awarded 11 grants totaling $62K in 2024.

Where does Anchorage Alumni Foundation operate?

Anchorage Alumni Foundation has awarded grants in Alaska, Alabama, California, District of Columbia, Florida, Georgia, New York, Pennsylvania, South Carolina, Tennessee, Texas, Washington, Wisconsin.

What size grants does Anchorage Alumni Foundation award?

In 2024, Anchorage Alumni Foundation awarded 11 grants totaling $62K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Anchorage Alumni Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Anchorage Alumni Foundation reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.