The Ajana Foundation is a private foundation based in Boston, Massachusetts, operating as a 501(c)(3) organization. Established in 2002, the foundation functions as a grantmaking entity focused on philanthropic activities across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33.5M
+2.5% YoY
Annual Giving
$1.6M
-2.4% YoY
Grant Count
17
-10.5% YoY
Avg Grant Size
$96K
+9.1% YoY
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation maintains a particular focus on supporting education programs and scholarships, with demonstrated commitment to first-generation scholars and women in technology.
Grantmaking
Grant Range
s:** Typical awards range from $25,000 to $180,000.
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Geographic Focus
Where this funder awards grants
The foundation's grant-making activities are concentrated in:
- Massachusetts
- New York
- District of Columbia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $33,475,956 |
| Total Giving | $1,630,000 |
| Revenue (2023) | $9.61M |
| Expenses (2023) | $1.99M |
| Total Liabilities | $0 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $33,475,956 | $32,652,167 | $21,032,847 |
| Revenue | $6,675,515 | $9,614,719 | $671,022 |
| Expenses | $1,863,112 | $1,986,586 | $1,299,866 |
| Qualifying Distributions | $1,703,503 | $1,729,728 | $1,064,403 |
| Net Investment Income | $6,076,726 | $473,984 | $516,192 |
| Distributable Amount | $1,543,939 | $1,316,193 | $1,183,271 |
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
148 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Ms. Daphne Hoch Cunningham — Trustee
The foundation is also identified as "Hoch Frank W Et Al Ttee," indicating multiple trustees involved in governance.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAPHNE HOCH CUNNINGHAM | TRUSTEE | 1 | — |
| ROLAND E HOCH | TRUSTEE | 1 | — |
| STEVEN G HOCH | TRUSTEE | 1 | — |
| ALIX M LAAGER | TRUSTEE | 1 | — |
Contact Information
Address: 2 Liberty Square, Suite 500, Boston, MA 02109
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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