Atlas Foundation

Private foundation · Grantmaker Needham, MA EIN: 22-3045728

Atlas Foundation is a private foundation, based in Needham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $441K in total assets. In 2024, it awarded 4 grants totaling $4K.

Key facts about Atlas Foundation

In short: Atlas Foundation gave $4K across 4 grants in 2024 (avg $1K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
22-3045728
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,100
Grants made (2024)
4
Average grant
$1,025
Median grant
$1,000
Total assets
$441,129
Primary geography
Massachusetts (100% 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

$441K

-0.7% YoY

Annual Giving

$4K

-16.3% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$1K

-16.3% YoY

Under IRS private-foundation payout rules, Atlas Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

How Atlas Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+2%). Method
  • In 2024 it paid out 128% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Atlas Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

Cities

NewtonBelmontJamaica Plain

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K3 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $4K (2022) to $7K (2020). In 2024 it made 4 grants totaling $4K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Community Servings: $1KCommunity Servings$1KJewish Big Brother & Big Sisiter Assoc: $1KJewish Big Brother & BigSisiter Assoc$1KMcLean Hospital: $1KMcLean Hospital$1KScandinavian Charitable: $700Scandinavian Charitable$700

The largest 2024 recipient was Community Servings ($1K). Together the top 4 received $4K.

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 19 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Servings Jamaica Plain, MAFurther the Purpose$1,400
Jewish Big Brother & Big Sisiter Assoc Newton, MAFurther the Purpose$1,000
McLean Hospital Belmont, MAFurther the Purpose$1,000
Scandinavian Charitable Newton, MAFurther the Purpose$700

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$10K$20K$30K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$441,129$444,041$442,897
Revenue$5,100$5,000$3,600
Expenses$24,555$20,456$4,600
Qualifying Distributions$4,100$4,900$3,600
Distributable Amount$3,209$4,145$4,962

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Atlas Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Carolyn S. Drapkin

    Trustee

    On filings since 2020

    No compensation reported

  • Jay Drapkin

    Trustee

    On filings since 2020

    No compensation reported

  • Lisa J. Drapkin

    Trustee

    On filings since 2020

    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 Atlas Foundation

How much does Atlas Foundation give each year?

Atlas Foundation gave $4K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 4 grants.

What is Atlas Foundation's typical grant size?

Atlas Foundation's median grant in 2024 was $1,000, and its average grant was $1,025, across 4 grants on its 2024 IRS Form 990-PF.

Where does Atlas Foundation give grants?

Atlas Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Newton, MA (2 grants).

Does Atlas Foundation give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Atlas Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Further the Purpose" (4 grants).

How large is Atlas Foundation?

Atlas Foundation reported $441K in total assets on its 2024 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What is Atlas Foundation's EIN?

Atlas Foundation's EIN (Employer Identification Number) is 22-3045728. 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.

Your AI grants department

Here's the math on researching Atlas Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Atlas Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Samuel Salmanson Foundation

Chestnut Hill, MA

Assets

$379K

Grants

13

Total Given

$14K

Liberty Mutual Foundation Inc

Boston, MA

Liberty Mutual Foundation funds nonprofits working on basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, primarily in the Boston area, with grants also made in other states. Its 2024 grants had a median of $35,000 and ranged from $2,500 to $11 million; it accepts online applications on a rolling basis, with no stated deadlines.

Philanthropy, Voluntarism & Grantmaking

Assets

$46.1M

Grants

706

Total Given

$50.6M

Fox Rock Foundation

Quincy, MA

Fox Rock Foundation supports a varied group of charitable organizations, with no stated mission or formal funding priorities. Its 2025 grants ranged from $200 to $25,000, with a median of $2,000; most funding went to Massachusetts, with smaller amounts awarded in Illinois, Florida, New York, and Colorado. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$124K

Grants

18

Total Given

$81K

Suffolk Cares Charitable Foundation

Boston, MA

Suffolk Cares Charitable Foundation funds charitable, civic, educational, healthcare, arts, and cultural organizations nationwide, with recent grants concentrated in Massachusetts and New York. Its 2025 grants ranged from $5,000 to $250,000, with a median of $25,000. It funds only preselected organizations and does not accept unsolicited requests.

Education

Assets

$2.7M

Grants

27

Total Given

$1.9M

Trustees of Tufts College

Medford, MA

Trustees of Tufts College supports university instruction, research, student services, and related organizations; its 2025 grants had a median of $76,881, though many large awards were subcontract grants. Giving is concentrated in Massachusetts, and its Tufts Community Grants offer $5,000 for eligible nonprofit projects in Boston, Grafton, Medford, and Somerville; the profile does not state whether it accepts unsolicited requests.

Education

Assets

$4.9B

Grants

149

Total Given

$38.3M

Lovett-Woodsum Foundation Inc

Boston, MA

The foundation supports a range of charitable organizations, including those in education and career development, the arts, animal welfare, family support, conservation, and ecology. Its 2024 grants had a median of $8,000 and ranged from $7 to $400,000; most funding went to Massachusetts, followed by New Hampshire. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$87.6M

Grants

85

Total Given

$1.9M

Rockland Trust Charitable Foundation

Rockland, MA

The Rockland Trust Charitable Foundation supports eligible public charities working on affordable housing, children and youth, financial inclusion, workforce development, and small-business assistance, especially those serving low- to moderate-income people. In 2025, grants ranged from $500 to $45,000, with a median of $5,000; it funds communities in specified counties in Massachusetts, New Hampshire, and Rhode Island. It accepts unsolicited requests, with deadlines varying by application.

Assets

$53.4M

Grants

345

Total Given

$2.3M

James and Ethel Walker Charitable Trust

Auburndale, MA

Assets

$209K

Grants

8

Total Given

$19K

Stevenson Family Charitable Trust

Cambridge, MA

The trust supports a varied mix of charitable organizations, including museums, arts groups, educational institutions, and healthcare organizations, with 2024 giving concentrated in Washington and Massachusetts. Its 89 grants ranged from $30 to $1 million, with a median of $1,000; it funds only preselected organizations and does not accept unsolicited requests.

Assets

$8.6M

Grants

89

Total Given

$1.8M

Spooner John and Susan Charitable Trust

Boston, MA

Assets

$99K

Grants

4

Total Given

$26K

The Hearst Foundation

New York, NY

The Hearst Foundation supports established U.S. nonprofits in culture, education, health, and social services, with an emphasis on broad community impact. In 2024, grants ranged from $75,000 to $500,000, with a median of $150,000; New York staff review requests from east of the Mississippi and San Francisco staff review those from the west. Applications are submitted through its grants portal.

Assets

$430.3M

Grants

111

Total Given

$17.0M

Community Health Systems Inc

Attleboro, MA

The foundation funds nonprofits advancing health equity, wellness, and quality of life, including health care, nutrition, mental health, and health literacy, primarily in 13 communities around Attleboro and Taunton, Massachusetts. Its 2024 grants ranged from $10,000 to $100,000, with a median of $25,000. It accepts applications through its website, according to its stated application process.

Health

Assets

$17.4M

Grants

27

Total Given

$795K

More Funders in Massachusetts

Atlas Foundation down — hundreds of funders to go?

Want AI to do this for you?