Peter Alfond Foundation
The Peter Alfond Foundation is a private foundation based in Bethesda, Maryland. Established in 1993, it supports innovative educational and wellness opportunities intended to strengthen communities, with principal geographic interests in New England and the Caribbean.
Peter Alfond Foundation at a glance
In short: Peter Alfond Foundation gave $3.0M across 64 grants in 2024 (avg $48K), top state Maine. 20% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,047,255
- -24.9% vs 2023
- Grants made (2024)
- 64
- -9.9% vs 2023
- Average grant
- $47,613
- -16.7% vs 2023
- Median grant
- $30,000
- Total assets
- $71,183,636
- -1.6% vs 2023
- New grantees (estimate)
- 20% first-time grantees (11 of 54, 2024)
- Primary geography
- Maine (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Peter Alfond Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds. Interested organizations are invited to complete its inquiry form if their work aligns with its focus areas; the foundation notes that time constraints may prevent a response. It normally does not consider requests for individuals, religious organizations for religious purposes, start-up funding for new organizations, or political or lobbying purposes. For major grants, it normally requires grantees to raise matching funds from other organizations and individuals. The foundation states that these policies are not fixed or binding.
- Contact
Mailing address: 4801 Hampden Lane Unit 106, Bethesda, MD 20814
Phone: (301) 761-4433
Website: https://peteralfondfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Peter Alfond Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Caras ($330K across 2 grants). Together the top 10 received $1.7M.
Grant Size Distribution
278 grants across all recorded years
The most common grant size was under $50K: 166 grants of 278 (60%).
Geographic Focus
Where this funder awards grants
The foundation identifies New England and the Caribbean as its principal geographic areas. Its current focus-area descriptions highlight youth thriving in Maine and Puerto Rico, and food and nutrition security in Puerto Rico. In 2024, grant dollars were reported for recipients in Maine (48%), Puerto Rico (47%), New York (3%), Virginia (2%), and California (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 64 itemized grants.
States
Cities
Is Peter Alfond Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 11 of 54 grantees (20%) were first-time recipients. First grants averaged $20K; repeat grants $66K. How we count
Medians: $5K first-time, $45K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving grew 50% from 2021 to 2024. Method
- In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.0M (2021) to $62.0M (2020). In 2024 it made 64 grants totaling $3.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Caras Catano, PR | Wellness Program | $200,000 |
| Plenitud Iniciativas Eco-Educativas Inc Las Marias, PR | General Operating Support | $175,000 |
| Corporacion Juvenil Para El Desarollo De Comunidades Sostenibles Caguas, PR | Machinery and Equipment Lending Program | $170,000 |
| Hearty Roots Bristol, ME | General Operating Support | $150,000 |
| Caras Catano, PR | General Operating Support | $130,000 |
| Lead Collaborative San Juan, PR | General Operating Support (Payment 3 of 3) | $116,610 |
| Out Maine Rockland, ME | General operating support and field building (payment 2 of 3) | $100,000 |
| Portland Community Squash Portland, ME | Peter Alfond Community Commons (Payment 2 of 2) | $100,000 |
| Productores De Cafe De Puerto Rico Inc Adjuntas, PR | Strenghtening of Sustainable Farming Practices | $100,000 |
| Rural Youth Institute Yarmouth, ME | General operating support and fieldbuilding (payment 2 of 3) | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $71,183,636 | $2,966,313 | $4,158,578 | $3,047,255 | 64 | $4,443,822 | $2,891,232 | $4,145,895 |
| 2023 | $72,365,176 | $2,079,188 | $5,085,229 | $4,059,093 | 71 | $4,805,862 | $2,086,792 | $3,969,152 |
| 2022 | $75,397,199 | $963,165 | $5,202,967 | $4,266,710 | 88 | $4,899,198 | $2,008,621 | $4,251,488 |
| 2021 | $79,614,294 | $3,627,946 | $2,769,477 | $2,035,172 | 28 | $2,562,452 | $3,769,549 | $4,461,969 |
| 2020 | $78,752,550 | $129,307,233 | $62,409,043 | $61,958,612 | 27 | — | $2,051,111 | $2,695,590 |
Under IRS private-foundation payout rules, Peter Alfond Foundation reported a distributable amount of $4.1M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated aim is to invest in innovative educational and wellness opportunities that strengthen communities and make a meaningful, positive, and direct impact. Its focus areas include:
- Youth Thriving in Maine and Puerto Rico, including community-based youth development and support for positive childhood experiences.
- Food and Nutrition Security in Puerto Rico, including sustainable agriculture and efforts to strengthen collaboration and coordination.
- Integrated Health, which the foundation describes as an approach woven across its focus areas.
- Disaster and Crisis Response, including support for natural and humanitarian disasters in its geographic areas of focus.
The foundation makes programmatic and general operating grants to nonprofit partners in New England and the Caribbean. Examples of grantees’ work include Hearty Roots, which says it provides outdoor adventure and social-emotional growth programming for youth in Midcoast Maine; Tree Street Youth, which says it supports Lewiston-Auburn youth through academics, arts, and athletics; and Portland Community Squash, which aims to build an accessible community center that supports and unites its members. In Puerto Rico, Plenitud Iniciativas describes itself as a nonprofit educational farm and teaching center focused on service, sustainability, and community.
The foundation also reports convening nonprofit leaders and experts through activities including a Maine youth-development peer learning cohort and a Puerto Rico education landscape initiative.
Grantmaking
In 2024, the foundation reported 64 grants totaling $3,047,255. Grant amounts ranged from $1,000 to $200,000, with a median grant of $30,000. Among the largest awards were $200,000 to CARAS for a wellness program; $175,000 to Plenitud Iniciativas Eco-Educativas for general operating support; and $170,000 to Corporación Juvenil para el Desarrollo de Comunidades Sostenibles for a machinery and equipment lending program. Other notable awards included $150,000 to Hearty Roots for general operating support and $100,000 each to Portland Community Squash, Rural Youth Institute, and Tree Street Youth for purposes including community facilities, general operating support, and field building.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Rebekah Alfond, Kyle Alfond, Deborah Alfond, Barbara Crowley, and Kevin Mahaney as trustees. Jairo Estrada is listed as a trustee through October 2024, and Maria Taft as a trustee from October 2024.
Peter Alfond Foundation's 2024 filing lists 7 officers; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Barbara Crowley
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Deborah Alfond
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jairo Estrada
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Kevin Mahaney
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Kyle Alfond
Trustee
On filings since 2020
7 hrs/week
No compensation reported
Rebekah Alfond
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Maria Taft
Trustee
New on the 2024 filing
3 hrs/week
No compensation reported
Former officers (2)
- Former: Sarah Benson (2021–2022) — Trustee · Filing note: Resigned 10/2022
- Former: Sarah Alfond (2020) — 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 Peter Alfond Foundation
How much does Peter Alfond Foundation give each year?
Peter Alfond Foundation gave $3.0M across 64 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.1M across 71 grants.
What is Peter Alfond Foundation's typical grant size?
Peter Alfond Foundation's median grant in 2024 was $30,000, and its average grant was $47,613, across 64 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Peter Alfond Foundation that year got $20K on average.
Where does Peter Alfond Foundation give grants?
Peter Alfond Foundation's top state is Maine, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was Puerto Rico (47%). The most frequent recipient cities were Portland, ME (9 grants), San Juan, PR (7 grants), Caguas, PR (4 grants) and Lewiston, ME (4 grants).
Does Peter Alfond Foundation give general operating support?
Yes: 41% of Peter Alfond Foundation's 2024 grants with a stated purpose (26 of 64) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Proactive Disaster Relief Grant" (3 grants).
Who are Peter Alfond Foundation's largest grantees?
Peter Alfond Foundation's largest 2024 grantees include Caras ($330,000 across 2 grants), Corporacion Juvenil Para El Desarollo De Comunidades Sostenibles ($254,429 across 3 grants) and Tree Street Youth ($230,000 across 3 grants), according to its 2024 IRS Form 990-PF. Together they received 27% of its itemized 2024 grant dollars.
How large is Peter Alfond Foundation?
Peter Alfond Foundation reported $71.2M in total assets on its 2024 IRS Form 990-PF. It paid out $4.4M in qualifying distributions that year, against a required minimum of $4.1M (roughly 5% of its investment assets).
What does Peter Alfond Foundation fund?
The foundation’s stated aim is to invest in innovative educational and wellness opportunities that strengthen communities and make a meaningful, positive, and direct impact. Its focus areas include: See mission & focus areas ↑
How do I apply for a grant from Peter Alfond 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 ↑
What is Peter Alfond Foundation's EIN?
Peter Alfond Foundation's EIN (Employer Identification Number) is 22-3267949. IRS Form 990 filing data is available on this page for 2020–2024.
Does Peter Alfond Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Peter Alfond Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/peter-alfond-foundation-morg_708e884ef67f48d3ab2f9753708061a4
BibTeX
@misc{grantable_223267949_2026,
author = {{Grantable}},
title = {{Peter Alfond Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/peter-alfond-foundation-morg_708e884ef67f48d3ab2f9753708061a4},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Peter Alfond Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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