The Albany Foundation

Foundation · Grantmaker Austin, TX EIN: 77-0594694

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.

Key facts about The Albany Foundation

In short: The Albany Foundation gave $589K across 22 grants in 2024 (avg $27K), mostly in Texas. Source: 2024 IRS Form 990-PF.

EIN
77-0594694
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$589,047
Grants made (2024)
22
Average grant
$26,775
Median grant
$5,457
Total assets
$10,103,665
Primary geography
Texas (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How The Albany Foundation gives

  • 0% of 2024 grantees were also funded in 2023. Method
  • Giving grew 971% from 2021 to 2024. Method
  • In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states

Share of all 22 itemized 2024 grant dollars.

Cities

AlbanyAustinFort WorthSyracuseAbileneHoustonMissoulaMontereyPhoenixArlingtonBinghamtonBoulderBryn MawrChamberlainCoeur DaleneDallasFairfieldHawthorneHaydenKalispell

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M12 grants20202 grants202112 grants202210 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Ben Richey Boys Ranch: $185KBen Richey Boys Ranch$185KOld Jail Art Center: $166KOld Jail Art Center$166KFort Griffin Fandangle: $130KFort Griffin Fandangle$130KMD Anderson Cancer Center: $15KMD Anderson Cancer Center$15KCenter for Child Protection: $11KCenter for Child Protection$11KAustin 20: $5KAustin 20$5KChild Study Center: $5KChild Study Center$5KGizmo Maker Space: $5KGizmo Maker Space$5KGood Grief Camp: $5KGood Grief Camp$5KMake a Wish: $5KMake a Wish$5K

Grant Size Distribution

58 grants across all recorded years

46<$50K6$50–100K5$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BEN RICHEY BOYS RANCH Albany, TXOPERATING EXPENSES$185,000
OLD JAIL ART CENTER Albany, TXOPERATING EXPENSES$165,563
FORT GRIFFIN FANDANGLE Albany, TXOPERATING EXPENSES$130,000
MD ANDERSON CANCER CENTER Houston, TXOPERATING EXPENSES$15,000
CENTER FOR CHILD PROTECTION Austin, TXOPERATING EXPENSES$10,914
AUSTIN 20 Austin, TXOPERATING EXPENSES$5,457
CHILD STUDY CENTER Fort Worth, TXOPERATING EXPENSES$5,457
GIZMO MAKER SPACE Coeur Dalene, IDOPERATING EXPENSES$5,457
GOOD GRIEF CAMP Westhampton Beach, NYOPERATING EXPENSES$5,457
MAKE A WISH Phoenix, AZOPERATING EXPENSES$5,457

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M20202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Albany Foundation is led by Julie A. Jarvis, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Julie A. Jarvis

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Madeline Kasch

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Natalie Jones

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Evan Hood

    Treasurer

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Former officers (2)
  • Former: Sara Kauffman (2022) — Secretary
  • Former: Robin M. Picard (2020–2021) — Secretary

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 The Albany Foundation

How much does The Albany Foundation give each year?

The Albany Foundation gave $589K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $550K across 10 grants.

What is The Albany Foundation's typical grant size?

The Albany Foundation's median grant in 2024 was $5,457, and its average grant was $26,775, across 22 grants on its 2024 IRS Form 990-PF.

Where does The Albany Foundation give grants?

The Albany Foundation gives mostly in Texas: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Albany, TX (8 grants), Austin, TX (2 grants) and Fort Worth, TX (2 grants).

Does The Albany Foundation give general operating support?

Yes: 100% of The Albany Foundation's 2024 grants with a stated purpose (22 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Albany Foundation's largest grantees?

The Albany Foundation's largest 2024 grantees include Ben Richey Boys Ranch ($185,000), Old Jail Art Center ($165,563) and Fort Griffin Fandangle ($130,000), according to its 2024 IRS Form 990-PF. Together they received 82% of its itemized 2024 grant dollars.

How large is The Albany Foundation?

The Albany Foundation reported $10.1M in total assets on its 2024 IRS Form 990-PF. It paid out $632K in qualifying distributions that year, against a required minimum of $617K (roughly 5% of its investment assets).

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.

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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