Angel Fund Inc

WAKEFIELD, MA EIN: 04-3478977 Website

TO SUPPORT ALS RESEARCH AND SCIENTIFIC INVESTIGATIONS AT THE UNIVERSITY OF MASSACHUSETTS CHAN MEDICAL SCHOOL BY RAISING FUNDS THROUGH EVENTS, CAMPAIGNS, FOUNDATION GRANTS AND NUMEROUS OTHER COMMUNITY OUTREACH ACTIVITIES, TO AID IN FINDING A CAUSE, TREATMENT AND CURE FOR ALS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.2M

+3.7% YoY

Annual Giving

$750K

+5.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$750K

+5.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$255K$511K$766K$1M20202021202220232024
Metric202420232022
Total Assets$3,170,411$3,056,470$3,121,053
Revenue$895,977$702,162$928,586
Expenses$778,474$787,196$78,939
Qualifying Distributions
Net Investment Income$137,445$76,445$34,047
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$188K$375K$563K$750K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

UMASS CHAN MEDICAL SCHOOL$750K

Grant Size Distribution

5 grants across all recorded years

1<$50K$50–100K$100–250K2$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Angel Fund Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD P KENNEDYPRESIDENT2
PAUL A DELVECCHIOTREASURER1
EUGENE A NIGRO ESQCLERK2
TODD DELVECCHIODIRECTOR1
JULIE DELVECCHIODIRECTOR1
SALVATORE P FALZONE JRDIRECTOR1
NEIL GLEASONDIRECTOR1
CAROLYN NIGRODIRECTOR1
CATHERINE NIGRODIRECTOR1
JANICE NIGRO ESQDIRECTOR1
JOSEPH RUMADIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

ShrewsburyWorcester

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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