The Altamira Foundation is a private grantmaking foundation established in 2006 and based in Westwood, Massachusetts. As a 501(c)(3) tax-exempt organization, the foundation operates as a family foundation focused on philanthropic giving and grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.6M
+15.2% YoY
Annual Giving
$444K
-29.0% YoY
Grant Count
26
-16.1% YoY
Avg Grant Size
$17K
-15.4% YoY
Grantmaking
The foundation has made 23 grants to various organizations. Recent grants documented include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds charitable causes in Massachusetts, the District of Columbia, and Illinois.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $18,621,143
- Annual Revenue: $3,322,845
- Annual Expenses: $715,361
- Total Liabilities: $0
As of December 2023:
- Total Assets: $16,159,743
- Total Revenues: $565,004
- Total Expenses: $849,284
- Investment Income and Dividends: $563,004
The foundation has one employee and maintains a minimal expense-to-asset ratio, indicating a conservative spending approach relative to its asset base.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,621,143 | $16,159,743 | $16,444,023 |
| Revenue | $3,322,845 | $565,004 | $645,826 |
| Expenses | $715,361 | $849,284 | $1,160,812 |
| Qualifying Distributions | $545,877 | $699,600 | $1,005,668 |
| Net Investment Income | $3,155,236 | $413,320 | $490,682 |
| Distributable Amount | $915,197 | $861,215 | $873,402 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is listed as "Kenneth L Abrams Et Al Ttee," indicating Kenneth L. Abrams serves as a trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH L ABRAMS | TRUSTEE | 1 | — |
| SUSAN N ABRAMS | TRUSTEE | 1 | — |
| JESSICA A MURRAY | TRUSTEE | 1 | — |
Contact Information
Address: 401 Summer Street, Westwood, MA 02090
Telephone: 781-329-5186
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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