The Allison Foundation

Private foundation · Grantmaker Livingston, NJ EIN: 22-2497060

The Allison Foundation is a private foundation, based in Livingston, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $54K in total assets. In 2024, it awarded 3 grants totaling $33K.

Key facts about The Allison Foundation

In short: The Allison Foundation gave $33K across 3 grants in 2024 (avg $11K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

EIN
22-2497060
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$32,500
Grants made (2024)
3
Average grant
$10,833
Median grant
$5,000
Total assets
$54,318
Primary geography
New Jersey (100% 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

$54K

-5.1% YoY

Annual Giving

$33K

+339.2% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$11K

+192.8% YoY

Under IRS private-foundation payout rules, The Allison Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

How The Allison Foundation gives

  • Giving grew 117% from 2021 to 2024. Method
  • In 2024 it paid out 177% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

MorristownNew YorkCliftonNewarkWhippany

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K4 grants2020 1 grant2021 1 grant2022 2 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $7K (2023) to $33K (2024). In 2024 it made 3 grants totaling $33K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Foundation for Morristown Medical Center: $25KFoundation for MorristownMedical Center$25KPreschool Advantage Inc: $5KPreschool Advantage Inc$5KBoys and Girls Club of NJ: $3KBoys and Girls Club of NJ$3K

The largest 2024 recipient was Foundation for Morristown Medical Center ($25K). Together the top 3 received $33K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Foundation for Morristown Medical Center Morristown, NJGeneral Charitable Purposes$25,000
Preschool Advantage Inc Morristown, NJGeneral Charitable Purposes$5,000
Boys and Girls Club of NJ Clifton, NJGeneral Charitable Purposesgeneral Charitable Purposes$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$10K$20K$30K$40K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$54,318$57,263$58,783
Revenue$28,860$6,934$-12,120
Expenses$33,525$8,454$27,132
Qualifying Distributions$33,500$8,400$27,101
Distributable Amount$18,933$10,309$11,176

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 Allison Foundation is led by Saul Dennison, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Saul Dennison

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Ellyn Dennison

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

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 Allison Foundation

How much does The Allison Foundation give each year?

The Allison Foundation gave $33K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7K across 2 grants.

What is The Allison Foundation's typical grant size?

The Allison Foundation's median grant in 2024 was $5,000, and its average grant was $10,833, across 3 grants on its 2024 IRS Form 990-PF.

Where does The Allison Foundation give grants?

The Allison Foundation gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Morristown, NJ (2 grants).

Does The Allison Foundation give general operating support?

Yes: 100% of The Allison Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is The Allison Foundation?

The Allison Foundation reported $54K in total assets on its 2024 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).

What is The Allison Foundation's EIN?

The Allison Foundation's EIN (Employer Identification Number) is 22-2497060. 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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