Fw Albrecht Family Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
+8.0% YoY
Annual Giving
$448K
+41.8% YoY
Grant Count
65
+20.4% YoY
Avg Grant Size
$7K
+17.8% YoY
Under IRS private-foundation payout rules, Fw Albrecht Family Foundation reported a distributable amount of $221K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations involved with:
- Education
- Animals and wildlife
- Human services
Grantmaking
The foundation is an active grantmaker with a diverse portfolio of recipients. In 2024, it made 58 grants totaling approximately $447,910 in giving. Recent grant recipients and amounts include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, with a concentration in the Akron area and surrounding regions.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $4,977,203
- Total Revenues: $811,902
- Total Expenses: $509,442
- Total Liabilities: $0
Revenue Composition (2024):
- Grants and contributions: $250,000
- Investment income and dividends: $115,410
Historical Assets (2023): $4.61 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,977,203 | $4,609,515 | $4,046,096 |
| Revenue | $811,902 | $617,167 | $492,942 |
| Expenses | $509,442 | $363,444 | $319,735 |
| Qualifying Distributions | $470,065 | $352,247 | $312,350 |
| Net Investment Income | $506,287 | $279,231 | $349,816 |
| Distributable Amount | $220,645 | $203,710 | $194,754 |
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
238 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Old Trail School ($55,000), Boy Scouts of America Great Trail Council ($26,700), Akron Community Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AKRON ART MUSEUM AKRON, OH | COMMUNITY, CHARITABLE, MUSIC AT THE MUSEUM | $7,500 |
| AKRON CHILDRENS MUSEUM AKRON, OH | COMMUNITY SUPPORT | $12,500 |
| AKRON CIVIC THEATRE AKRON, OH | ALL CITY MUSICAL | $3,000 |
| AKRON COMMUNITY FOUNDATION AKRON, OH | GREEN COMMUNITY FUND | $25,000 |
| AKRON SUMMIT COUNCIL HOLOCAUST & GENOCIDE EDUCATION AKRON, OH | EDUCATIONAL | $1,000 |
| AKRON SUMMIT COUNTY PUBLIC LIBRARY AKRON, OH | EDUCATIONAL | $10,000 |
| AKRON ZOO AKRON, OH | BOO AT THE ZOO AND SPRING SPECTACULAR | $4,000 |
| AMERICAN HEART ASSN AKRON, OH | GENERAL SUPPORT | $1,000 |
| ART SPARKS CUYAHOGA FALLS, OH | STUDENT SCHOLARSHIP SUPPORT | $6,600 |
| BALDWIN WALLACE UNIVERSITY BEREA, OH | SCHOLARSHIP FOR ONE PERSON | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| F STEVEN ALBRECHT | DIRECTOR | 5 | — |
| KATIE ALBRECHT SWARTZ | DIRECTOR | 10 | $16,500 |
| JON ALBRECHT | DIRECTOR | 5 | $6,000 |
Contact Information
Address: 2700 Gilchrist Rd, Akron, OH 44305
Telephone: 330-733-2861
EIN: 34-1663626
Frequently Asked Questions
What does Fw Albrecht Family Foundation fund?
The foundation supports organizations involved with: • Education • Animals and wildlife • Human services
How do I apply for a grant from Fw Albrecht Family Foundation?
The foundation is an active grantmaker with a diverse portfolio of recipients. In 2024, it made 58 grants totaling approximately $447,910 in giving. Recent grant recipients and amounts include: • Old Trail School: $55,000 (Educational Support) • Akron Community Foundation: $25,000 (Green Community Fund) • The Cleveland Orchestra: $25,000 (Community Support) • Firestone Akron Swim Team: $15,000 (Summer Olympics) • Fairlawn Country Club Foundation: $2,500 (Scholarship Fund) The foundation also ma…
Where does Fw Albrecht Family Foundation make grants?
The foundation primarily funds organizations in Ohio, with a concentration in the Akron area and surrounding regions.
What size grants does Fw Albrecht Family Foundation award?
In 2024, Fw Albrecht Family Foundation awarded 65 grants totaling $448K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Fw Albrecht Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fw Albrecht Family Foundation reported a distributable amount of $221K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fw Albrecht Family Foundation's EIN?
Fw Albrecht Family Foundation's EIN (Employer Identification Number) is 34-1663626. IRS Form 990 filing data is available on this page for 2020–2024.
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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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