Angola Education Assistance Fund Inc

BOSTON, MA EIN: 04-3315141

International, Foreign Affairs & National Security

Angola Education Assistance Fund Inc is a private foundation focused on International, Foreign Affairs & National Security, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $529K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $57K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$529K

-9.7% YoY

Annual Giving

$50K

Grant Count

Avg Grant Size

$50K

Under IRS private-foundation payout rules, Angola Education Assistance Fund Inc reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

About Angola Education Assistance Fund Inc

Based on IRS filings

Focus Areas

International, Foreign Affairs & National Security

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $105K (100%)

States

Massachusetts

Cities

Chestnut Hill

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$529,268	$586,262	$591,994
Revenue	$62,371	$32,352	$29,203
Expenses	$88,618	$72,618	$84,852
Qualifying Distributions	$67,718	$32,663	$73,164
Net Investment Income	$57,371	$23,602	$25,703
Distributable Amount	$28,175	$28,340	$33,156

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Catholic University of Angola ($50,000).

Recipient	Purpose	Amount
CATHOLIC UNIVERSITY OF ANGOLA	UNRESTRICTED	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOSEPH P KENEDY II	PRESIDENT/DIRECTOR,MEMBER	1	—
ERNEST J PANOS	TREASURER/CLERK	1	—
PETER F SMITH	DIRECTOR	1	—
TIM MINOGUE	CONTROLLER	1	—

Subject Areas

Focus areas based on grantmaking activity

International, Foreign Affairs & National Security

Frequently Asked Questions

What is Angola Education Assistance Fund Inc?

Angola Education Assistance Fund Inc is a private foundation focused on International, Foreign Affairs & National Security, based in BOSTON, MA. It holds $529K in total assets as of 2024.

How large is Angola Education Assistance Fund Inc?

As of 2024, Angola Education Assistance Fund Inc holds $529K in total assets with $62K in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does Angola Education Assistance Fund Inc operate?

Angola Education Assistance Fund Inc has awarded grants in Massachusetts.

What size grants does Angola Education Assistance Fund Inc award?

In 2024, Angola Education Assistance Fund Inc awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Angola Education Assistance Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Angola Education Assistance Fund Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Angola Education Assistance Fund Inc's EIN?

Angola Education Assistance Fund Inc's EIN (Employer Identification Number) is 04-3315141. IRS Form 990 filing data is available on this page for 2020–2024.