The Alden Foundation
The Alden Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30.3M in total assets. In 2024, it made $1.5M in qualifying distributions. Net investment income was $312K.
Key facts about The Alden Foundation
- EIN
- 36-3697502
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $30,305,292
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30.3M
+5.9% YoY
Revenue
$3.4M
+25.2% YoY
Qualifying Distributions
$1.5M
-4.4% YoY
Expenses
$2.8M
-2.4% YoY
Under IRS private-foundation payout rules, The Alden Foundation reported a distributable amount of $171K for 2024 — the minimum it must pay out in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,305,292 | $28,615,130 | $22,592,301 |
| Revenue | $3,446,671 | $2,753,425 | $1,120,194 |
| Expenses | $2,834,351 | $2,903,555 | $2,242,178 |
| Qualifying Distributions | $1,470,049 | $1,538,068 | $1,370,667 |
| Net Investment Income | $312,273 | $1,089,191 | $28,989 |
| Distributable Amount | $170,949 | $215,837 | $211,645 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 23, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Alden Foundation is led by Emmanuel Kinard, Executive Director on the 2024 filing; 2 of 10 officers listed in 2024 are compensated.
Officers on the 2024 filing
Emmanuel Kinard
Executive Director
New on the 2024 filing
40 hrs/week
$72K (2024)
Joan Carl
President
On filings since 2020
1 hr/week
No compensation reported
Carl Jenkins
Director
On filings since 2020
1 hr/week
No compensation reported
Esther Davis
Director
On filings since 2022
1 hr/week
No compensation reported
Robert P. Hernandez
Director
On filings since 2022
1 hr/week
No compensation reported
Nisha Shah
Director
New on the 2024 filing
1 hr/week
No compensation reported
Steven Stivers
Former Executive Director
Executive Director → Former Executive Director, 2024
On filings since 2023
40 hrs/week
$84K (2023) → $112K (2024)
Derek Smart
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Mary Chelotti - Smith
Secretary
On filings since 2020
1 hr/week
No compensation reported
Steven Friedland
Vice President
Director → Vice President, 2022
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Elizabeth Demes (2020–2023) — Executive Director
- Former: Linda Fulkerson (2020–2021) — Director
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $112K, to Steven Stivers (Former Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Alden Foundation
How large is The Alden Foundation?
The Alden Foundation reported $30.3M in total assets on its 2024 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $171K (roughly 5% of its investment assets).
What is The Alden Foundation's EIN?
The Alden Foundation's EIN (Employer Identification Number) is 36-3697502. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Alden Foundation by hand.
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