The Albany Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.1M in total assets. In 2024, it awarded 22 grants totaling $589K. Net investment income was $916K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.1M
+2.9% YoY
Annual Giving
$589K
+7.1% YoY
Grant Count
22
+120.0% YoY
Avg Grant Size
$27K
-51.3% YoY
Under IRS private-foundation payout rules, The Albany Foundation reported a distributable amount of $617K for 2024 — the minimum it must pay out in qualifying distributions.
About The Albany Foundation
Based on IRS filings
The Albany Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.1M in total assets. In 2024, it awarded 22 grants totaling $589K. Net investment income was $916K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,103,665 | $9,819,794 | $10,126,934 |
| Revenue | $1,027,450 | $342,344 | $716,043 |
| Expenses | $743,579 | $649,484 | $434,441 |
| Qualifying Distributions | $632,493 | $553,800 | $246,412 |
| Net Investment Income | $916,364 | $246,794 | $575,726 |
| Distributable Amount | $616,827 | $589,884 | $578,286 |
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
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ben Richey Boys Ranch ($185,000), Old Jail Art Center ($165,563), Fort Griffin Fandangle ($130,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBANY CHEST ALBANY, TX | OPERATING EXPENSES | $5,000 |
| ALBANY FIRE DEPARTMENT MORAN, TX | OPERATING EXPENSES | $2,000 |
| ALBANY ELEMENTARY PTO ALBANY, TX | OPERATING EXPENSES | $1,000 |
| ALZHEIMER'S OF ABILENE ABILENE, TX | OPERATING EXPENSES | $5,000 |
| AUSTIN 20 AUSTIN, TX | OPERATING EXPENSES | $5,457 |
| AZTEC THEATER ALBANY, TX | OPERATING EXPENSES | $5,000 |
| BEN RICHEY BOYS RANCH ALBANY, TX | OPERATING EXPENSES | $185,000 |
| CHILD STUDY CENTER FORT WORTH, TX | OPERATING EXPENSES | $5,457 |
| CENTER FOR CHILD PROTECTION AUSTIN, TX | OPERATING EXPENSES | $10,914 |
| FORT GRIFFIN FANDANGLE ALBANY, TX | OPERATING EXPENSES | $130,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JULIE A JARVIS | PRESIDENT | 1 | — |
| EVAN HOOD | TREASURER | 0.5 | — |
| MADELINE KASCH | DIRECTOR | 0.5 | — |
| NATALIE JONES | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Albany Foundation?
The Albany Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $10.1M in total assets as of 2024.
How large is The Albany Foundation?
As of 2024, The Albany Foundation holds $10.1M in total assets with $1.0M in annual revenue. It awarded 22 grants totaling $589K in 2024.
Where does The Albany Foundation operate?
The Albany Foundation has awarded grants in Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Idaho, Maryland, Montana, New York, Pennsylvania, South Dakota, Texas, Washington.
What size grants does The Albany Foundation award?
In 2024, The Albany Foundation awarded 22 grants totaling $589K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is The Albany Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Albany Foundation reported a distributable amount of $617K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Albany Foundation's EIN?
The Albany Foundation's EIN (Employer Identification Number) is 77-0594694. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Albany Foundation'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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