Audrey Love Charitable Foundation

MINEOLA, NY EIN: 22-2766994

The Audrey Love Charitable Foundation is a private 501(c)(3) foundation established in 1987 and located in Mineola, New York. The foundation was named for Audrey B. Love, who passed away in Florida at age 100 in November 2003. It operates as an independent foundation with a strategic approach to grantmaking focused on supporting established charitable organizations across three primary geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$55.4M

+21.8% YoY

Annual Giving

$1.8M

+24.0% YoY

Grant Count

122

+18.4% YoY

Avg Grant Size

$15K

+4.7% YoY

Under IRS private-foundation payout rules, Audrey Love Charitable Foundation reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's charitable and philanthropic giving encompasses the following priority areas:

  • Arts and Performing Arts: Local arts councils and cultural programs, with particular emphasis on the Brevard, North Carolina area
  • Medical Research: Healthcare and research institutions
  • Care of the Elderly: Programs supporting elderly populations
  • Animal Welfare: Organizations providing animal care and support
  • Human Services: Organizations providing direct community services
  • Education: Educational institutions and programs

Grantmaking

The foundation does not accept unsolicited requests for funds. It operates through trustee-directed grantmaking and only makes contributions to preselected charitable organizations.

Grant Range

$1,000 to $150,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's strategic grantmaking focuses on three primary geographic regions:

  • North Carolina
  • New York
  • Florida

Grant Distribution by State

21states
+13 more states

Cities

ArdenAshevilleAthensAtlantaAttallaBalsam GroveBerkely HeightsBlack MountainBoiling SpringsBrevardBridgehamptonBrookfieldBrooklynBuffaloCalienteCharlestownCharlotteChathamChicagoClarksburg

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $55,379,484 to $55,383,691
  • Total Revenue: $2,783,450
  • Total Expenses: $2,639,271
  • Net Income: $144,179
  • Total Liabilities: $4,210

As of 2023:

  • Total Assets: $45,477,124
  • Total Revenue: $2,506,657
  • Total Expenses: $2,181,787

Revenue Sources (2023):

  • Investment income and dividends: 36% of revenue ($828,006)
  • Net gain from sale of non-inventory assets: 64% of revenue ($1,678,651)

The foundation maintains a consistent pattern of substantial charitable giving each year, generating revenue primarily through investment returns and asset sales rather than external contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$765K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$55,383,691$45,477,124$39,753,546
Revenue$2,783,450$2,506,657$927,718
Expenses$2,639,271$2,181,787$2,044,306
Qualifying Distributions$2,639,271$2,181,787$2,044,306
Net Investment Income$2,304,800$2,100,703$511,425
Distributable Amount$2,451,395$2,069,605$2,240,766

Giving Over Time

Total grant dollars and number of grants per year

$0$445K$890K$1M$2M91 grants202098 grants202197 grants2022103 grants2023122 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SKYDANCER INC$150KCARNEGIE HALL SOCIETY INC$125KASHEVILLE HUMANE SOCIETY$75KMETROPOLITAN OPERA FUND$60KLINCOLN CENTER$60KNEW YORK PHILHARMONIC$50KANIMAL MEDICAL CENTER$40KBROTHER WOLF ANIMAL RESCUE$30KFRIENDS OF WLRN$25KTHE FREE CLINIC OF TRANS…$25K

Grant Size Distribution

250 grants across all recorded years

220<$50K20$50–100K10$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Skydancer Inc ($150,000), Carnegie Hall Society Inc ($125,000), Asheville Humane Society ($75,000).

RecipientPurposeAmount
METROPOLITAN OPERA FUND NEW YORK, NYCHARITY$60,000
CANCER RESEARCH TREATMENT FUND NEW YORK, NYCHARITY$20,000
CARNEGIE HALL SOCIETY INC NEW YORK, NYCHARITY$125,000
NEW YORK PHILHARMONIC NEW YORK, NYCHARITY$50,000
NEWBERRY OPERA HOUSE FND NEWBERRY, SCCHARITY$20,000
FOUNDATION FIGHTING BLINDNESS INC SUNNY ISLES, FLCHARITY$15,000
LAST CHANCE FOR ANIMALS LOS ANGELES, CACHARITY$5,000
MARK J FRIEDMAN FOUNDATION INC PLAINVIEW, NYCHARITY$20,000
FRIENDS OF NEW BOLTON CENTER FUND KENNETT SQUARE, PACHARITY$5,000
RETURN TO FREEDOM INC WILD HORSE CO LOMPOC, CACHARITY$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ERIC M KUTNERPresident$111KGERARD B BAJEKSecretary$111KR KEITH MCCALLDirector$1KGEORGE R BENTON IIIDirector$1KRICKY GOLDDirector$1K

From 2024 filing

NameTitleHoursCompensation
R KEITH MCCALLDirector$1,000
ERIC M KUTNERPresident30$111,288
GEORGE R BENTON IIIDirector$1,000
GERARD B BAJEKSecretary30$111,287
RICKY GOLDDirector$1,000
JEFFREY S TANENDirector

Frequently Asked Questions

What does Audrey Love Charitable Foundation fund?

The foundation's charitable and philanthropic giving encompasses the following priority areas: • **Arts and Performing Arts**: Local arts councils and cultural programs, with particular emphasis on the Brevard, North Carolina area • **Medical Research**: Healthcare and research institutions • **Care of the Elderly**: Programs supporting elderly populations • **Animal Welfare**: Organizations providing animal care and support • **Human Services**: Organizations providing direct community services

How do I apply for a grant from Audrey Love Charitable Foundation?

**Grant Characteristics:** • Grant range: $1,000 to $150,000 • Median grant size: $10,000 • Total grants awarded (2024): $1,779,500 to 122 organizations • Total grants awarded (2023): $1,066,000 across 97 grants **Application Process:** The foundation does not accept unsolicited requests for funds. It operates through trustee-directed grantmaking and only makes contributions to preselected charitable organizations. **Recent Grant Examples (2023):** • Skydancer Inc: $150,000 • Asheville Humane S…

Where does Audrey Love Charitable Foundation make grants?

The foundation's strategic grantmaking focuses on three primary geographic regions: • North Carolina • New York • Florida

What size grants does Audrey Love Charitable Foundation award?

In 2024, Audrey Love Charitable Foundation awarded 122 grants totaling $1.8M — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Audrey Love Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Audrey Love Charitable Foundation reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Audrey Love Charitable Foundation's EIN?

Audrey Love Charitable Foundation's EIN (Employer Identification Number) is 22-2766994. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Audrey Love Charitable Foundation's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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