The Allen & Company Foundation Inc

NEW YORK, NY EIN: 85-1764562

The Allen & Company Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $432K in total assets. In 2024, it awarded 18 grants totaling $2.5M. Net investment income was $2.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$432K

+150.6% YoY

Annual Giving

$2.5M

+3226.7% YoY

Grant Count

18

+800.0% YoY

Avg Grant Size

$139K

+269.6% YoY

About The Allen & Company Foundation Inc

Based on IRS filings

The Allen & Company Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $432K in total assets. In 2024, it awarded 18 grants totaling $2.5M. Net investment income was $2.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

ArlingtonAtlantaBaltimoreBostonBronxClevelandDetriotLos AngelesMillbrookNew HavenNew YorkRochesterSan JoseStanfordWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$766K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$432,316$172,535$90,335
Revenue$2,787,235$160,463$127,095
Expenses$2,527,454$78,263$242,814
Qualifying Distributions$2,495,823$76,663$225,666
Net Investment Income$2,506,691$135,121$83,247
Distributable Amount$47,863$4,296$4,769

Giving Over Time

Total grant dollars and number of grants per year

$0$624K$1M$2M$2M6 grants202014 grants20217 grants20222 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAYO CLINIC$750KCLEVELAND CLINIC$750KMemorial SloanKettering …$250KTHE BROOKINGS INSTITUTION$100KNEW YORK CITY POLICE FOU…$100KAMERICAN INSTITUTE FOR B…$100KHOSPITAL FOR SPECIAL SUR…$100KSUCCESS ACADEMY CHARTER …$50KCHILDRENS HEALTHCARE OF …$50KTarget Als Foundation Inc$50K

Grant Size Distribution

47 grants across all recorded years

22<$50K12$50–100K7$100–250K1$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HERBERT A ALLEN IIIDIRECTOR; PRESIDENT1
SALIMA VAHABZADEHDIRECTOR; CFO & VP1
KIM WIELANDDIRECTOR; VP1
PETER DIIORIOGENERAL COUNSEL; VP1
ISAAC KESCHNERASSISTANT SECRETARY; TREASURER1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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