The Alvarez Charitable Foundation Inc is a private family foundation established in 1996 in New Jersey. Based in New York City, the foundation operates as a grantmaking organization with a focus on supporting charitable causes across multiple geographic regions and subject areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.4M
+29.9% YoY
Annual Giving
$2.9M
+127.0% YoY
Grant Count
24
+0.0% YoY
Avg Grant Size
$121K
+127.0% YoY
Under IRS private-foundation payout rules, The Alvarez Charitable Foundation Inc reported a distributable amount of $918K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not specify particular subject areas of focus, indicating a broad philanthropic mission. However, grant history shows concentration in the following areas:
- International Giving (approximately 35% of grants)
- Education (approximately 18% of grants)
- Community Development (approximately 15% of grants)
- Historic preservation and arts grants
The foundation has demonstrated particular commitment to educational activities, including scholarships, student financial aid, and awards.
Grantmaking
The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. Applicants must contact the foundation directly to inquire about the application process. There are no application deadlines.
Grant Range
$500 to $1.1 million
Average Grant
amount: $233,000
Review Cycle
.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation supports a wide range of locations across the United States and internationally:
- Primary focus: New York (47% of grants)
- Other significant states: California, New Jersey, Connecticut, and Louisiana
- International: Philippines (grants principally in the Philippines)
- Additional U.S. locations include Florida, Illinois, Indiana, Maine, Michigan, and Tennessee
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year Data:
- Total Assets: $18.0–$23.4 million (figures vary across filings)
- Total Annual Giving: $1.3–$2.9 million
- Total Expenses: $1.3–$1.3 million
- Total Revenue: $5.8 million (most recent year)
The foundation operates with limited staffing, relying on volunteer leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,384,670 | $18,005,319 | $13,495,721 |
| Revenue | $8,339,405 | $5,804,926 | $4,429,016 |
| Expenses | $2,960,054 | $1,335,595 | $2,617,662 |
| Qualifying Distributions | $2,913,403 | $1,283,500 | $2,523,920 |
| Net Investment Income | $714,456 | $334,817 | $269,250 |
| Distributable Amount | $917,939 | $674,472 | $562,923 |
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
119 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Statue of Liberty- Ellis Island Fund ($1,050,000), Alvarez Foundation Philippines ($900,000), Asian Cultural Council ($185,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALVAREZ FOUNDATION PHILIPPINES | FINANCIAL SUPPORT | $900,000 |
| ASIAN CULTURAL COUNCIL NEW YORK, NY | FINANCIAL SUPPORT | $185,000 |
| CANCER RESEARCH INSTITUTE NEW YORK, NY | FINANCIAL SUPPORT | $75,000 |
| CITY OF HOPE DUARTE, CA | PUBLIC WELFARE | $55,000 |
| CORNELL UNIVERSITY ITHACA, NY | EDUCATION | $50,000 |
| CROHN'S DISEASE & COLITIS FOUNDATION NEW YORK, NY | FINANCIAL SUPPORT | $2,000 |
| ELIZABETH MORROW SCHOOL ENGLEWOOD, NJ | EDUCATION | $37,500 |
| ENGLEWOOD HEALTH FOUNDATION ENGLEWOOD, NJ | FINANCIAL SUPPORT | $25,000 |
| FRIENDS OF PLAYLAB NEW YORK, NY | ART | $10,000 |
| HOLY NAME MEDICAL CENTER INC COLLINGSWOOD, NJ | FINANCIAL SUPPORT | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Antonio C. Alvarez – President (serves without compensation)
- Abigail C. Alvarez – Vice President (serves without compensation)
- Dawn M. Marsal-Wallin – Treasurer (serves without compensation, 0.5 hours per week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTONIO C ALVAREZ | PRESIDENT | — | — |
| ABIGAIL C ALVAREZ | VICE PRESIDENT | — | — |
| DAWN M MARSAL-WALLIN | TREASURER | 0.5 | — |
Contact Information
Address: 600 Madison Avenue, 8th Floor New York, NY 10022
Phone: 212-759-4433
EIN: 22-3479932
Tax-Exempt Status: Since February 1997
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Alvarez Charitable Foundation Inc fund?
The foundation does not specify particular subject areas of focus, indicating a broad philanthropic mission. However, grant history shows concentration in the following areas: • **International Giving** (approximately 35% of grants) • **Education** (approximately 18% of grants) • **Community Development** (approximately 15% of grants) • Historic preservation and arts grants The foundation has demonstrated particular commitment to educational activities, including scholarships, student financial…
How do I apply for a grant from The Alvarez Charitable Foundation Inc?
**Grant Activity:** • 24 grants awarded in the most recent fiscal year • Grant range: $500 to $1.1 million • Median grant size: $31,000 • Average grant amount: $233,000 **Application Process:** The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. Applicants must contact the foundation directly to inquire about the application process. There are no application deadlines. **Recent Grant Examples:** • $500,000 to Alvare…
Where does The Alvarez Charitable Foundation Inc make grants?
The foundation supports a wide range of locations across the United States and internationally: • **Primary focus:** New York (47% of grants) • **Other significant states:** California, New Jersey, Connecticut, and Louisiana • **International:** Philippines (grants principally in the Philippines) • Additional U.S. locations include Florida, Illinois, Indiana, Maine, Michigan, and Tennessee
What size grants does The Alvarez Charitable Foundation Inc award?
In 2024, The Alvarez Charitable Foundation Inc awarded 24 grants totaling $2.9M — an average of about $121K per grant, based on its IRS Form 990 filings.
How much is The Alvarez Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Alvarez Charitable Foundation Inc reported a distributable amount of $918K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Alvarez Charitable Foundation Inc's EIN?
The Alvarez Charitable Foundation Inc's EIN (Employer Identification Number) is 22-3479932. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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