The Organization delivers technology, expertise, and capital to help nonprofit organizations harness the power of information technology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
+197.2% YoY
Annual Giving
$97K
Grant Count
3
Avg Grant Size
$32K
About TechFoundation Inc
Based on IRS filings
TechFoundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 3 grants totaling $97K. Net investment income was $21K.
Focus Areas
Ready to take the next step with TechFoundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,682,439 | $1,238,934 | $1,245,369 |
| Revenue | $671,209 | $425,000 | $561,353 |
| Expenses | $634,765 | $425,549 | $380,856 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,209 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boston Symphony Orechestra ($40,250), Boston Foundation Inc ($30,000), Cambridge Community Founda ($26,250).
| Recipient | Purpose | Amount |
|---|---|---|
| Boston Symphony Orechestra Boston, MA | Technology | $40,250 |
| Cambridge Community Founda Cambridge, MA | Technology | $26,250 |
| Boston Foundation Inc Boston, MA | Technology | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN ALLAIN | Director | 0.5 | — |
| DAVID ALTSHULER | Chief Executive | 1 | — |
| ALEXANDER WEBB | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is TechFoundation Inc?
TechFoundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CAMBRIDGE, MA. It holds $3.7M in total assets as of 2024.
How large is TechFoundation Inc?
As of 2024, TechFoundation Inc holds $3.7M in total assets with $671K in annual revenue. It awarded 3 grants totaling $97K in 2024.
Where does TechFoundation Inc operate?
TechFoundation Inc has awarded grants in Massachusetts, Maine, New Hampshire, Vermont.
What size grants does TechFoundation Inc award?
In 2024, TechFoundation Inc awarded 3 grants totaling $97K — an average of about $32K per grant, based on its IRS Form 990 filings.
What is TechFoundation Inc's EIN?
TechFoundation Inc's EIN (Employer Identification Number) is 04-3547092. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in TechFoundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
President and Fellows of Harvard College
CAMBRIDGE, MA
Assets
$74.4B
Grants
344
Total Given
$181.7M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Greater Washington Community Foundation
WASHINGTON, DC
Assets
$530.9M
Grants
1,163
Total Given
$83.7M
Jewish Communal Fund
NEW YORK, NY
Assets
$3.0B
Grants
4,673
Total Given
$953.3M
Combined Jewish Philanthropies of Greater Boston Inc
BOSTON, MA
Assets
$2.3B
Grants
1,105
Total Given
$322.3M
Arbella Insurance Foundation
BOSTON, MA
Assets
$22.2M
Grants
201
Total Given
$2.2M
Mass General Brigham Incorporated
SOMERVILLE, MA
Assets
$9.8B
Grants
75
Total Given
$104.3M
Karp Family Foundation Stephen R and
BOSTON, MA
Assets
$918K
Grants
31
Total Given
$2.0M
Freedom Together Foundation
NEW YORK, NY
Assets
$3.4B
Grants
595
Total Given
$470.0M
Ud Dorothy J Chadwick 061157
DALLAS, TX
Assets
$11.9M
Grants
7
Total Given
$700K
Simmons Alcid-tr-a & M Perpetual Tr
PITTSBURGH, PA
Assets
$561K
Grants
1
Total Given
$19K
Liberty Mutual Foundation Inc
BOSTON, MA
Assets
$46.1M
Grants
706
Total Given
$50.6M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with TechFoundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities