The Allen & Company Foundation Inc
The Allen & Company Foundation Inc is a private foundation based in New York, NY. In its 2025 filing, it reported making 15 grants totaling $2,042,500 to charitable organizations, including healthcare institutions, a public policy organization, and education and youth-serving organizations.
The Allen & Company Foundation Inc at a glance
In short: The Allen & Company Foundation Inc gave $2.0M across 15 grants in 2025 (avg $136K), top state Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,042,500
- -18.1% vs 2024
- Grants made (2025)
- 15
- -16.7% vs 2024
- Average grant
- $136,167
- -1.8% vs 2024
- Median grant
- $25,000
- Total assets
- $176,941
- -59.1% vs 2024
- Primary geography
- Minnesota (24% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Allen & Company Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 711 Fifth Avenue 8Th Floor, New York, NY 10022
Phone: (212) 339-2238
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Allen & Company Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Mayo Clinic ($500K). Together the top 10 received $1.9M.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was under $50K: 26 grants of 56 (46%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed among recipients in Minnesota (24%), Ohio (24%), New Hampshire (24%), New York (13%), and Washington, DC (9%). The reported grants also included recipients in Michigan and Connecticut.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
States
Cities
How The Allen & Company Foundation Inc gives
- 67% of 2025 grantees were also funded in 2024. Method
- Giving grew 808% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $75K (2023) to $2.5M (2024). In 2025 it made 15 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mayo Clinic Rochester, MN | Unrestricted | $500,000 |
| Cleveland Clinic Cleveland, OH | Unrestricted | $500,000 |
| Trustees of Dartmouth College Hanover, NH | Unrestricted | $500,000 |
| The Brookings Institution Washington, DC | Unrestricted | $100,000 |
| New York City Police Foundation Inc New York, NY | Unrestricted | $100,000 |
| Hospital for Special Surgery New York, NY | Unrestricted | $100,000 |
| American Institute for Boys and Men Washington, DC | Unrestricted | $75,000 |
| Success Academy Charter Schools New York, NY | Unrestricted | $25,000 |
| Heterodox Academy New York, NY | Unrestricted | $25,000 |
| NFX Detriot, MI | Unrestricted | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $176,941 | $1,815,076 | $2,070,451 | $2,042,500 | 15 | $2,043,875 | $1,542,525 | $1,164 |
| 2024 | $432,316 | $2,787,235 | $2,527,454 | $2,495,000 | 18 | $2,495,823 | $2,506,691 | $47,863 |
| 2023 | $172,535 | $160,463 | $78,263 | $75,000 | 2 | $76,663 | $135,121 | $4,296 |
| 2022 | $90,335 | $127,095 | $242,814 | $225,000 | 7 | $225,666 | $83,247 | $4,769 |
| 2021 | $206,054 | $1,892,712 | $1,737,737 | $1,665,000 | 14 | $1,722,737 | $1,662,692 | — |
| 2020 | $51,079 | $681,139 | $630,060 | $630,000 | 6 | — | $578,194 | — |
Under IRS private-foundation payout rules, The Allen & Company Foundation Inc reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose own missions span healthcare, public policy research, community safety, research on boys and men, education, youth development, and university research and education.
For example, Mayo Clinic describes its mission as providing patient care, education, and research to promote health and well-being. The Brookings Institution says it conducts independent public policy research to develop ideas for addressing societal problems. The Door describes its work as providing comprehensive youth development services to young people ages 12–24.
Grantmaking
In 2025, the foundation reported 15 grants totaling $2,042,500. Grant amounts ranged from $5,000 to $500,000, with a median of $25,000.
Among the largest reported grants were $500,000 each to Mayo Clinic, Cleveland Clinic, and the Trustees of Dartmouth College. The Brookings Institution, New York City Police Foundation Inc, and Hospital for Special Surgery each received $100,000. The American Institute for Boys and Men received $75,000. Other reported recipients included Success Academy Charter Schools, Heterodox Academy, NFX, Yale University, and The Door, each receiving $25,000. The listed grants were designated unrestricted.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Herbert A. Allen III as director and president; Salima Vahabzadeh as director, CFO, and vice president; Kim Wieland as director and vice president; Peter DiIorio as general counsel and vice president; and Isaac Keschner as assistant secretary and treasurer.
The Allen & Company Foundation Inc is led by Herbert A. Allen III, Director & President on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Herbert A. Allen III
Director & President
On filings since 2020
1 hr/week
No compensation reported
Kim Wieland
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Salima Vahabzadeh
Director, CFO & Vice President
On filings since 2020
1 hr/week
No compensation reported
Isaac Keschner
Assistant Secretary & Treasurer
Assistant Secretary Treasurer → Assistant Secretary & Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Peter Diiorio
General Counsel & Vice President
General Counsel, Vice President & Secretary → General Counsel & Vice President, 2021
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Allen & Company Foundation Inc
How much does The Allen & Company Foundation Inc give each year?
The Allen & Company Foundation Inc gave $2.0M across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.5M across 18 grants.
What is The Allen & Company Foundation Inc's typical grant size?
The Allen & Company Foundation Inc's median grant in 2025 was $25,000, and its average grant was $136,167, across 15 grants on its 2025 IRS Form 990-PF.
Where does The Allen & Company Foundation Inc give grants?
The Allen & Company Foundation Inc's top state is Minnesota, with 24% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Ohio (24%) and New Hampshire (24%). The most frequent recipient cities were New York, NY (5 grants) and Washington, DC (2 grants).
Does The Allen & Company Foundation Inc give general operating support?
Yes: 100% of The Allen & Company Foundation Inc's 2025 grants with a stated purpose (15 of 15) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Allen & Company Foundation Inc's largest grantees?
The Allen & Company Foundation Inc's largest 2025 grantees include Mayo Clinic ($500,000), Cleveland Clinic ($500,000) and Trustees of Dartmouth College ($500,000), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.
How large is The Allen & Company Foundation Inc?
The Allen & Company Foundation Inc reported $177K in total assets on its 2025 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
What does The Allen & Company Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose own missions span healthcare, public policy research, community safety, research on boys and men, education, youth development, and university research and education. See mission & focus areas ↑
How do I apply for a grant from The Allen & Company Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Allen & Company Foundation Inc's EIN?
The Allen & Company Foundation Inc's EIN (Employer Identification Number) is 85-1764562. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Allen & Company Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
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Cite this profile
Grantable. (2026). The Allen & Company Foundation Inc funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/the-allen-and-company-foundation-inc-morg_7295ab845ca542c28ebda88c42ac5a51
BibTeX
@misc{grantable_851764562_2026,
author = {{Grantable}},
title = {{The Allen \& Company Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-allen-and-company-foundation-inc-morg_7295ab845ca542c28ebda88c42ac5a51},
note = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Allen & Company Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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