The Allison Foundation

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.

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.

About The Allison Foundation

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CliftonMorristownNew YorkNewarkWhippany

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$18K$28K$37K20202021202220232024
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
Net Investment Income
Distributable Amount$18,933$10,309$11,176

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$33K4 grants20201 grants20211 grants20222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

FOUNDATION FOR MORRISTOW…$25KPRESCHOOL ADVANTAGE INC$5KBOYS AND GIRLS CLUB OF NJ$3K

Grant Size Distribution

11 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Foundation for Morristown Medical Center ($25,000), Preschool Advantage Inc ($5,000), Boys and Girls Club of Nj ($2,500).

RecipientPurposeAmount
BOYS AND GIRLS CLUB OF NJ CLIFTON, NJGENERAL CHARITABLE PURPOSESGENERAL CHARITABLE PURPOSES$2,500
PRESCHOOL ADVANTAGE INC MORRISTOWN, NJGENERAL CHARITABLE PURPOSES$5,000
FOUNDATION FOR MORRISTOWN MEDICAL CENTER MORRISTOWN, NJGENERAL CHARITABLE PURPOSES$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SAUL DENNISONPRES5
ELLYN DENNISONVP5

Frequently Asked Questions

How large is The Allison Foundation?

As of 2024, The Allison Foundation holds $54K in total assets with $29K in annual revenue. It awarded 3 grants totaling $33K in 2024.

Where does The Allison Foundation operate?

The Allison Foundation has awarded grants in New Jersey, New York.

What size grants does The Allison Foundation award?

In 2024, The Allison Foundation awarded 3 grants totaling $33K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is The Allison Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Allison Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Related Funders

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

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