The Alben Foundation
The Alben Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642K in total assets. In 2024, it awarded 22 grants totaling $103K. Net investment income was $69K.
Key facts about The Alben Foundation
- EIN
- 83-3577266
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $103,300
- Grants made (2024)
- 22
- Average grant
- $4,695
- Median grant
- $2,000
- New grantees (estimate)
- 36% first-time grantees (8 of 22, 2024)
- Total assets
- $642,465
- Primary geography
- Washington (61% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Alben Foundation funds
By grant dollars, the top recipient states for The Alben Foundation's 22 itemized 2024 grants were Washington (61%), California (17%) and Texas (10%). The most frequent recipient cities were Seattle, WA (7 grants), Los Angeles, CA (4 grants), Stanford, CA (2 grants) and Washington DC, DC (2 grants). None of its 22 grants with a stated purpose were described as general or operating support. Recurring purposes include "Continue Foundation's Mission" (22 grants).
Is The Alben Foundation open to new grantees?
36%
first-time grantees, 2024
In 2024, 8 of 22 grantees (36%) were first-time recipients. First grants averaged $8K; repeat grants $3K. How we count
Medians: $2K first-time, $2K repeat.
- 36% of 2024 grantees were also funded in 2023. Method
- Giving grew 51% from 2021 to 2024. Method
- In 2024 it paid out 291% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Alben Foundation
- How to evaluate The Alben Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$642K
-7.6% YoY
Annual Giving
$103K
+132.4% YoY
Grant Count
22
+22.2% YoY
Avg Grant Size
$5K
+90.1% YoY
Under IRS private-foundation payout rules, The Alben Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About The Alben Foundation
Based on IRS filings
The Alben Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642K in total assets. In 2024, it awarded 22 grants totaling $103K. Net investment income was $69K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 22 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $642,465 | $694,963 | $823,633 |
| Revenue | $69,344 | $19,506 | $89,587 |
| Expenses | $123,167 | $115,025 | $137,744 |
| Qualifying Distributions | $123,167 | $112,666 | $137,744 |
| Net Investment Income | $69,344 | $18,083 | $88,357 |
| Distributable Amount | $42,282 | $43,185 | $47,873 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The Ai Forum ($47,500), Stanford University ($10,000), Responsible Ai ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE AI FORUM Seattle, WA | CONTINUE FOUNDATION'S MISSION | $47,500 |
| STANFORD UNIVERSITY Stanford, CA | CONTINUE FOUNDATION'S MISSION | $10,000 |
| RESPONSIBLE AI Austin, TX | CONTINUE FOUNDATION'S MISSION | $10,000 |
| THE SUN VALLEY WRITERS CONFERENCE Ketchum, ID | CONTINUE FOUNDATION'S MISSION | $6,200 |
| GAGE ACADEMY OF THE ARTS Seattle, WA | CONTINUE FOUNDATION'S MISSION | $4,000 |
| AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS New York, NY | CONTINUE FOUNDATION'S MISSION | $2,500 |
| HUMANE SOCIETY OF THE US Washington DC, DC | CONTINUE FOUNDATION'S MISSION | $2,500 |
| THE NATURE CONSERVANCY Seattle, WA | CONTINUE FOUNDATION'S MISSION | $2,500 |
| LOS ANGELES JEWISH HEALTH Reseda, CA | CONTINUE FOUNDATION'S MISSION | $2,300 |
| YOUTH THEATRE NW Mercer Island, WA | CONTINUE FOUNDATION'S MISSION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alex Alben | President | 1 | — |
| Susan Alben | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Alben Foundation?
The Alben Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Seattle, WA. It holds $642K in total assets as of 2024.
How large is The Alben Foundation?
As of 2024, The Alben Foundation holds $642K in total assets with $69K in annual revenue. It awarded 22 grants totaling $103K in 2024.
Where does The Alben Foundation operate?
The Alben Foundation has awarded grants in California, District of Columbia, Florida, Idaho, Massachusetts, Minnesota, New York, Pennsylvania, Texas, Washington.
What size grants does The Alben Foundation award?
In 2024, The Alben Foundation awarded 22 grants totaling $103K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Alben Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Alben Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Alben Foundation's EIN?
The Alben Foundation's EIN (Employer Identification Number) is 83-3577266. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.