The Alabaster Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $33K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+1.4% YoY
Annual Giving
$33K
-84.4% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$11K
-94.8% YoY
Under IRS private-foundation payout rules, The Alabaster Fund reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.
About The Alabaster Fund
Based on IRS filings
The Alabaster Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $33K. Net investment income was $39K.
Focus Areas
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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 | $2,170,418 | $2,140,416 | $2,380,101 |
| Revenue | $63,394 | $48,504 | $64,335 |
| Expenses | $59,618 | $242,560 | $237,067 |
| Qualifying Distributions | $35,088 | $215,551 | $215,688 |
| Net Investment Income | $39,065 | $28,861 | $45,725 |
| Distributable Amount | $132,901 | $128,191 | $146,481 |
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
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Giving Back Fund ($25,000), Overcomer's Worship Tabernacle ($6,000), Desmond Doss Foundation ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GIVING BACK FUND LOS ANGELES, CA | GENERAL | $25,000 |
| OVERCOMER'S WORSHIP TABERNACLE RANCHO CORDOVA, CA | GENERAL | $6,000 |
| DESMOND DOSS FOUNDATION WEST JEFFERSON, NC | GENERAL | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIK J FALCONER | PRESIDENT/SECRETARY/TREASU | 1 | — |
| LESLIE M FALCONER | VICE PRESIDENT | 0.5 | — |
| SIERRA FALCONER | TRUSTEE | 0.5 | — |
| EMILY FALCONER | TRUSTEE | 0.5 | — |
| MADISON FALCONER | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Alabaster Fund?
The Alabaster Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TRAVERSE CITY, MI. It holds $2.2M in total assets as of 2024.
How large is The Alabaster Fund?
As of 2024, The Alabaster Fund holds $2.2M in total assets with $63K in annual revenue. It awarded 3 grants totaling $33K in 2024.
Where does The Alabaster Fund operate?
The Alabaster Fund has awarded grants in California, Delaware, Michigan, North Carolina, New York.
What size grants does The Alabaster Fund award?
In 2024, The Alabaster Fund awarded 3 grants totaling $33K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is The Alabaster Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Alabaster Fund reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Alabaster Fund's EIN?
The Alabaster Fund's EIN (Employer Identification Number) is 20-0126213. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Alabaster Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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