Armstrong Angel Foundation
Armstrong Angel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Riverside, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.1M in total assets. In 2024, it awarded 5 grants totaling $910K. Net investment income was $1.1M.
Key facts about Armstrong Angel Foundation
In short: Armstrong Angel Foundation gave $910K across 5 grants in 2024 (avg $182K), top state New York. Source: 2024 IRS Form 990-PF.
- EIN
- 81-0778752
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $910,000
- Grants made (2024)
- 5
- Average grant
- $182,000
- Median grant
- $200,000
- Total assets
- $13,051,518
- Primary geography
- New York (49% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.1M
+1.0% YoY
Annual Giving
$910K
-45.6% YoY
Grant Count
5
-54.5% YoY
Avg Grant Size
$182K
+19.6% YoY
Under IRS private-foundation payout rules, Armstrong Angel Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
How Armstrong Angel Foundation gives
- Giving fell 30% from 2021 to 2024. Method
- In 2024 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| GREENWICH ACADEMY Grenwich, CT | GENERAL PURPOSE | $375,000 |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI New York, NY | GENERAL PURPOSE | $250,000 |
| NEW YORK UNIVERSITY New York, NY | GENERAL PURPOSE | $200,000 |
| NANTUCKET GOLF CLUB FOUNDATION Siasconset, MA | GENERAL PURPOSE | $75,000 |
| ST VINCENT DE PAUL SOCIETY Los Angeles, CA | GENERAL PURPOSE | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,051,518 | $12,926,801 | $12,520,295 |
| Revenue | $1,083,766 | $2,132,124 | $1,111,124 |
| Expenses | $998,800 | $1,725,618 | $1,661,503 |
| Qualifying Distributions | $910,000 | $1,674,333 | $1,572,200 |
| Net Investment Income | $1,073,813 | $2,492,810 | $1,158,642 |
| Distributable Amount | $1,159,216 | $935,466 | $964,052 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Armstrong Angel Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Nancy A. Armstrong
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Timothy M. Armstrong
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Armstrong Angel Foundation
How much does Armstrong Angel Foundation give each year?
Armstrong Angel Foundation gave $910K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.7M across 11 grants.
What is Armstrong Angel Foundation's typical grant size?
Armstrong Angel Foundation's median grant in 2024 was $200,000, and its average grant was $182,000, across 5 grants on its 2024 IRS Form 990-PF.
Where does Armstrong Angel Foundation give grants?
Armstrong Angel Foundation's top state is New York, with 49% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Connecticut (41%) and Massachusetts (8%). The most frequent recipient cities were New York, NY (2 grants).
Does Armstrong Angel Foundation give general operating support?
Yes: 100% of Armstrong Angel Foundation's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Armstrong Angel Foundation's largest grantees?
Armstrong Angel Foundation's largest 2024 grantees include Greenwich Academy ($375,000), Icahn School of Medicine at Mount Sinai ($250,000) and New York University ($200,000), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.
How large is Armstrong Angel Foundation?
Armstrong Angel Foundation reported $13.1M in total assets on its 2024 IRS Form 990-PF. It paid out $910K in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).
What is Armstrong Angel Foundation?
Armstrong Angel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Riverside, CT. It holds $13.1M in total assets as of 2024.
What is Armstrong Angel Foundation's EIN?
Armstrong Angel Foundation's EIN (Employer Identification Number) is 81-0778752. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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