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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was Community Servings ($1K). Together the top 4 received $4K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Servings Jamaica Plain, MA | Further the Purpose | $1,400 |
| 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 |
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 |
| Distributable Amount | $3,209 | $4,145 | $4,962 |
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
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.
Here's the math on researching Atlas Foundation by hand.
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