Michael E Porter Family Foundation

Foundation · Grantmaker Albany, NY EIN: 47-6693100

Michael E Porter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Albany, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.7M in total assets. In 2024, it awarded 3 grants totaling $351K. Net investment income was $3.2M.

Key facts about Michael E Porter Family Foundation

In short: Michael E Porter Family Foundation gave $351K across 3 grants in 2024 (avg $117K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
47-6693100
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$350,760
Grants made (2024)
3
Average grant
$116,920
Median grant
$100,132
Total assets
$15,729,562
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

$15.7M

+28.3% YoY

Annual Giving

$351K

-0.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$117K

-0.7% YoY

Under IRS private-foundation payout rules, Michael E Porter Family Foundation reported a distributable amount of $808K for 2024 — the minimum it must pay out in qualifying distributions.

How Michael E Porter Family Foundation gives

  • Giving grew 602% from 2021 to 2024. Method
  • In 2024 it paid out 43% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Michael E Porter Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 3 itemized 2024 grant dollars.

Cities

CambridgeRoxburyBostonPrincetonNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K5 grants20202 grants20214 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Initiative for a Competitive Inner City Inc: $151KInitiative for a CompetitiveInner City Inc$151KBoston Book Festival: $100KBoston Book Festival$100KInternational Consortium for Health Outcomes Measu: $100KInternational Consortium forHealth Outcomes Measu$100K

Grant Size Distribution

17 grants across all recorded years

7<$50K6$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
INITIATIVE FOR A COMPETITIVE INNER CITY INC Roxbury, MAGeneral Charitable Needs$150,628
BOSTON BOOK FESTIVAL Boston, MAGeneral Charitable Needs$100,132
INTERNATIONAL CONSORTIUM FOR HEALTH OUTCOMES MEASU Boston, MAGeneral Charitable Needs$100,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M20202021202220232024
Metric202420232022
Total Assets$15,729,562$12,260,797$6,788,721
Revenue$4,165,325$5,865,822$3,115,618
Expenses$696,560$393,746$175,081
Qualifying Distributions$350,760$353,105$172,603
Net Investment Income$3,243,133$8,977,190$159,898
Distributable Amount$807,863$409,834$298,705

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Michael E Porter Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ilana Z Porter

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Sonia T Smyth

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Michael E Porter (2020–2021) — Trustee

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 Michael E Porter Family Foundation

How much does Michael E Porter Family Foundation give each year?

Michael E Porter Family Foundation gave $351K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $353K across 3 grants.

What is Michael E Porter Family Foundation's typical grant size?

Michael E Porter Family Foundation's median grant in 2024 was $100,132, and its average grant was $116,920, across 3 grants on its 2024 IRS Form 990-PF.

Where does Michael E Porter Family Foundation give grants?

Michael E Porter Family 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 Boston, MA (2 grants).

Does Michael E Porter Family Foundation give general operating support?

Yes: 100% of Michael E Porter Family Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Michael E Porter Family Foundation?

Michael E Porter Family Foundation reported $15.7M in total assets on its 2024 IRS Form 990-PF. It paid out $351K in qualifying distributions that year, against a required minimum of $808K (roughly 5% of its investment assets).

What is Michael E Porter Family Foundation?

Michael E Porter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Albany, NY. It holds $15.7M in total assets as of 2024.

What is Michael E Porter Family Foundation's EIN?

Michael E Porter Family Foundation's EIN (Employer Identification Number) is 47-6693100. 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.

Your AI grants department

Here's the math on researching Michael E Porter Family Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Michael E Porter Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Habitat Foundation

Somerville, MA

Philanthropy, Voluntarism & Grantmaking

Assets

$2.0M

Grants

19

Total Given

$87K

Wagner Foundation

Cambridge, MA

The foundation supports a varied mix of work, including design, career access, contemporary art, global health, and health-system strengthening. Its 2024 grants ranged from $5,000 to $1 million, with a median of $50,000; most funding went to Massachusetts, with smaller shares going to several other states. The profile does not state whether it accepts unsolicited requests.

Assets

$161.1M

Grants

132

Total Given

$12.5M

Landry Family Foundation

Boston, MA

The foundation’s stated focus is supporting visual arts students with learning challenges, particularly dyslexia, though its 2024 grants also went to education, health, and refugee-support organizations. Its 47 grants ranged from $500 to $645,000, with a median of $30,000; most grant dollars went to Massachusetts, with additional support in several other states. It funds preselected organizations only and does not accept unsolicited requests.

Assets

$107.5M

Grants

47

Total Given

$4.7M

Herrman Family Charitable Foundation

Framingham, MA

The foundation supports preselected charitable organizations in education, animal welfare, social services, and advocacy, with 2024 grants concentrated in Indiana and Massachusetts and some funding in Maryland. Its 24 grants ranged from $165 to $600,000, with a median of $2,698. It does not accept unsolicited requests.

Assets

—

Grants

24

Total Given

$941K

Oristaglio Family Foundation

Stockbridge, MA

The Oristaglio Family Foundation supports arts and cultural groups, community organizations, and health-related nonprofits, with most of its 2024 grant dollars going to Massachusetts and additional giving in New Jersey, Pennsylvania, Washington, DC, and New York. Grants ranged from $15 to $75,000, with a median of $2,000. It accepts written requests from IRS-qualified tax-exempt organizations and may also consider verbal requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.1M

Grants

51

Total Given

$390K

Eastern Cambridge Foundation

Wakefield, MA

Eastern Cambridge Foundation has historically made grants in Massachusetts, but it is dissolving and transferring its assets to Eastern Bank Foundation; its 2025 filing reports a one-time $5.5 million transfer, not a typical ongoing grant size. The filing says to contact the foundation for application materials and does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$15K

Grants

1

Total Given

$5.5M

Alchemy Foundation

Cambridge, MA

Alchemy Foundation makes general-support grants to preselected charitable organizations; its two 2025 grants were $10,000 each, to organizations in California and Colorado. It does not accept unsolicited funding requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$8.1M

Grants

2

Total Given

$20K

The Cabot Family Charitable Trust

Boston, MA

The Cabot Family Charitable Trust funds arts and culture, education and youth development, conservation, health and human services, and civic programs, with a preference for work serving young people and young children. Its 2024 grants ranged from $5,000 to $50,000, with a median of $25,000, primarily for organizations in Boston and nearby communities; it also considers organizations with Cabot family philanthropic ties. Its 2024 filing says it does not accept unsolicited requests, though its website describes an open application process.

Assets

$55.8M

Grants

82

Total Given

$2.2M

JoAnne L Shrontz Family Foundation

Salt Lake City, UT

Philanthropy, Voluntarism & Grantmaking

Assets

$4.2M

Grants

19

Total Given

$264K

Boston Foundation Inc

Boston, MA

The Boston Foundation funds community organizations and initiatives in areas including basic needs, child well-being, education, economic opportunity, arts and culture, and equity, primarily in Greater Boston. Its grants vary by program: the median reported grant is $25,000, while specific opportunities offer $50,000 Safety Net Grants, artist awards of $15,000–$20,000, and other amounts. It accepts unsolicited requests through certain competitive programs; application rules vary by program.

Assets

$2.1B

Grants

2,375

Total Given

$228.4M

Simmons University

Boston, MA

Simmons university is a community of higher learning that unites passion with purpose.

Assets

$558.2M

Grants

6

Total Given

$350K

Grayson Family Foundation

Boston, MA

The foundation supports a broad range of educational, cultural, youth, health, policy, and environmental organizations, with most 2024 grant dollars going to Massachusetts recipients. In 2024, it made 93 grants totaling $1,489,250; grants ranged from $500 to $700,000, with a median of $5,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.

Assets

$6.3M

Grants

93

Total Given

$1.5M

More Funders in New York

Michael E Porter Family Foundation down — hundreds of funders to go?

Want AI to do this for you?