Angel Foundation
Angel Foundation is a private foundation based in New York, New York. The organization primarily funds operational and educational grants to various nonprofit institutions and cultural organizations.
Key facts about Angel Foundation
- EIN
- 20-4591909
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $630,333
- Grants made (2024)
- 19
- Average grant
- $33,175
- Median grant
- $10,000
- New grantees (estimate)
- 11% first-time grantees (2 of 19, 2024)
- Total assets
- $3,496,878
- Primary geography
- Massachusetts (75% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Angel Foundation funds
By grant dollars, the top recipient states for Angel Foundation's 19 itemized 2024 grants were Massachusetts (75%) and Maryland (13%). The most frequent recipient cities were Boston, MA (5 grants), North Haven, ME (2 grants), Rockland, ME (2 grants) and Cambridge, MA (2 grants). 63% of grants with a stated purpose were for general or operating support. Recurring purposes include "Educational" (7 grants).
Is Angel Foundation open to new grantees?
11%
first-time grantees, 2024
In 2024, 2 of 19 grantees (11%) were first-time recipients. First grants averaged $47K; repeat grants $32K. How we count
Medians: $47K first-time, $5K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving fell 58% from 2021 to 2024. Method
- In 2024 it paid out 403% of its IRS minimum distribution (the 5% rule). 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 Angel Foundation
- How to evaluate Angel Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Angel Foundation with AI
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- Track this opportunity in a free grant tracker
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
+20.6% YoY
Annual Giving
$630K
-3.9% YoY
Grant Count
19
-13.6% YoY
Avg Grant Size
$33K
+11.3% YoY
Under IRS private-foundation payout rules, Angel Foundation reported a distributable amount of $157K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Angel Foundation operates as a private foundation focused on providing operational and educational support to nonprofit organizations across multiple sectors.
Grantmaking
Angel Foundation made 19 grants in the most recent year. Recent grants include:
Ready to take the next step with Angel Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports organizations primarily in the Northeast, with documented grants to institutions in Massachusetts and New York.
Grant Distribution by State
Share of all 19 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $3,496,878
- Total Revenues: $1,277,350
- Total Expenses: $649,829
- Employees: 0
IRS Classification: 501(c)(3) private foundation
EIN: 20-4591909
Year Formed: 2006
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,496,878 | $2,900,709 | $2,296,476 |
| Revenue | $1,277,350 | $1,285,303 | $1,314,474 |
| Expenses | $649,829 | $679,555 | $1,854,181 |
| Qualifying Distributions | $633,668 | $659,800 | $1,838,835 |
| Net Investment Income | $1,137,669 | $1,106,005 | $1,037,683 |
| Distributable Amount | $157,396 | $113,061 | $131,336 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Isabella Stewart Gardner Museum ($370,000), John Hopkins Bloomberg School of Public Health ($83,333), Dedham Country Day School ($32,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ISABELLA STEWART GARDNER MUSEUM Boston, MA | OPERATIONAL | $370,000 |
| JOHN HOPKINS BLOOMBERG SCHOOL OF PUBLIC HEALTH Baltimore, MD | EDUCATIONAL | $83,333 |
| DEDHAM COUNTRY DAY SCHOOL Dedham, MA | EDUCATIONAL | $32,500 |
| NEW ENGLAND AQUARIUM Boston, MA | OPERATIONAL | $25,000 |
| UNIVERSITY OF DENVER Denver, CO | EDUCATIONAL | $25,000 |
| CONSERVATION LAW FOUNDATION Boston, MA | OPERATIONAL | $20,000 |
| NEWTON WELLESLEY HOSPITAL Newton, MA | OPERATIONAL | $10,000 |
| NORTH HAVEN SUSTAINABLE HOUSING North Haven, ME | OPERATIONAL | $10,000 |
| THE NORTH HAVEN FOUNDATION Rockland, ME | EDUCATIONAL | $10,000 |
| MARA ELEPHANT PROJECTS Carmel, IN | OPERATIONAL | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Dave Becker — President and Chief Executive Officer
- Kathy Tolo — Vice President of Development
- Jennifer Kielas — Vice President of Mission Delivery
- Erica Hollom — Director of Individual Giving and Special Events
- Jennifer Schorn — Financial Cancer Care Program Manager
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bessemer Trust Company NA | Trustee | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Angel Foundation fund?
Angel Foundation operates as a private foundation focused on providing operational and educational support to nonprofit organizations across multiple sectors.
How do I apply for a grant from Angel Foundation?
Angel Foundation made 19 grants in the most recent year. Recent grants include: • Isabella Stewart Gardner Museum: $370,000 (Operational, 2024) • Dedham Country Day School: $32,500 (Educational, 2024) • New England Aquarium: $25,000 (Operational, 2024) The foundation also made approximately 10 additional grants beyond those listed above.
Where does Angel Foundation make grants?
The foundation supports organizations primarily in the Northeast, with documented grants to institutions in Massachusetts and New York.
What size grants does Angel Foundation award?
In 2024, Angel Foundation awarded 19 grants totaling $630K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Angel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Angel Foundation reported a distributable amount of $157K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Angel Foundation's EIN?
Angel Foundation's EIN (Employer Identification Number) is 20-4591909. 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.