Atlas Foundation
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.
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.
About Atlas Foundation
Based on IRS filings
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.
Ready to take the next step with Atlas Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
| Net Investment Income | — | — | — |
| Distributable Amount | $3,209 | $4,145 | $4,962 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Servings ($1,400), Jewish Big Brother & Big Sisiter Assoc ($1,000), Mclean Hospital ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JEWISH BIG BROTHER & BIG SISITER ASSOC NEWTON, MA | FURTHER THE PURPOSE | $1,000 |
| MCLEAN HOSPITAL BELMONT, MA | FURTHER THE PURPOSE | $1,000 |
| SCANDINAVIAN CHARITABLE NEWTON, MA | FURTHER THE PURPOSE | $700 |
| COMMUNITY SERVINGS JAMAICA PLAIN, MA | FURTHER THE PURPOSE | $1,400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA J DRAPKIN | TRUSTEE | — | — |
| JAY DRAPKIN | TRUSTEE | — | — |
| CAROLYN S DRAPKIN | TRUSTEE | — | — |
Frequently Asked Questions
How large is Atlas Foundation?
As of 2024, Atlas Foundation holds $441K in total assets with $5K in annual revenue. It awarded 4 grants totaling $4K in 2024.
Where does Atlas Foundation operate?
Atlas Foundation has awarded grants in Massachusetts.
What size grants does Atlas Foundation award?
In 2024, Atlas Foundation awarded 4 grants totaling $4K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Atlas Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Atlas Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Atlas Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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