Audrey Love Charitable Foundation
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.
Key facts about Audrey Love Charitable Foundation
- EIN
- 22-2766994
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,779,500
- Grants made (2024)
- 122
- Average grant
- $14,586
- Median grant
- $10,000
- New grantees (estimate)
- 20% first-time grantees (24 of 122, 2024)
- Total assets
- $55,383,691
- Primary geography
- North Carolina (38% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Audrey Love Charitable Foundation funds
By grant dollars, the top recipient states for Audrey Love Charitable Foundation's 122 itemized 2024 grants were North Carolina (38%), New York (31%) and Florida (13%). The most frequent recipient cities were Brevard, NC (15 grants), New York, NY (14 grants), Asheville, NC (8 grants) and Miami, FL (7 grants). None of its 122 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charity" (122 grants).
Is Audrey Love Charitable Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 24 of 122 grantees (20%) were first-time recipients. First grants averaged $11K; repeat grants $15K. How we count
Medians: $10K first-time, $10K repeat.
- 78% of 2024 grantees were also funded in 2023. Method
- Giving grew 36% from 2021 to 2024. Method
- In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Audrey Love Charitable Foundation
- How to evaluate Audrey Love Charitable Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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.
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
Grant Range
$1,000 to $150,000
How to Apply
**
Ready to take the next step with Audrey Love Charitable Foundation?
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
Share of all 122 itemized 2024 grant dollars.
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
511 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Skydancer Inc ($150,000), Carnegie Hall Society Inc ($125,000), Asheville Humane Society ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SKYDANCER INC BREVARD, NC | CHARITY | $150,000 |
| CARNEGIE HALL SOCIETY INC NEW YORK, NY | CHARITY | $125,000 |
| ASHEVILLE HUMANE SOCIETY ASHEVILLE, NC | CHARITY | $75,000 |
| METROPOLITAN OPERA FUND NEW YORK, NY | CHARITY | $60,000 |
| LINCOLN CENTER NEW YORK, NY | CHARITY | $60,000 |
| NEW YORK PHILHARMONIC NEW YORK, NY | CHARITY | $50,000 |
| ANIMAL MEDICAL CENTER NEW YORK, NY | CHARITY | $40,000 |
| BROTHER WOLF ANIMAL RESCUE ASHEVILLE, NC | CHARITY | $30,000 |
| FRIENDS OF WLRN MIAMI, FL | CHARITY | $25,000 |
| THE FREE CLINIC OF TRANSYLVANIA COU BREVARD, NC | CHARITY | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R Keith McCall | Director | — | $1,000 |
| Eric M Kutner | President | 30 | $111,288 |
| George R Benton III | Director | — | $1,000 |
| Gerard B Bajek | Secretary | 30 | $111,287 |
| Ricky Gold | Director | — | $1,000 |
| Jeffrey S Tanen | Director | — | — |
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?
The foundation does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Audrey Love Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.