The Alvarez Charitable Foundation Inc
The Alvarez Charitable Foundation Inc is a private foundation based in New York, NY. In 2024, it reported 24 grants totaling $2,913,403, including support for cultural, educational, medical, and other charitable organizations.
The Alvarez Charitable Foundation Inc at a glance
In short: The Alvarez Charitable Foundation Inc gave $2.9M across 24 grants in 2024 (avg $121K), mostly in New York. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,913,403
- +127.0% vs 2023
- Grants made (2024)
- 24
- +0.0% vs 2023
- Average grant
- $121,392
- +127.0% vs 2023
- Median grant
- $31,250
- Total assets
- $23,384,670
- +29.9% vs 2023
- New grantees (estimate)
- 38% first-time grantees (9 of 24, 2024; small sample)
- Primary geography
- New York (60% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Alvarez Charitable Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 600 Madison Ave 8Th Fl, New York, NY 10022
Phone: (212) 759-4433
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Alvarez Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Statue of Liberty- Ellis Island Fund ($1.1M). Together the top 10 received $2.7M.
Grant Size Distribution
119 grants across all recorded years
The most common grant size was under $50K: 82 grants of 119 (69%).
Geographic Focus
Where this funder awards grants
In 2024, 60% of grant dollars went to recipients in New York, 4% to New Jersey, 3% to California, and 1% to Louisiana. The recipient state was not identified for 31% of grant dollars.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
States
Cities
Is The Alvarez Charitable Foundation Inc open to new grantees?
38%
first-time grantees, 2024
In 2024, 9 of 24 grantees (38%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $37K; repeat grants $172K. How we count
Medians: $25K first-time, $38K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving grew 87% from 2021 to 2024. Method
- In 2024 it paid out 317% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $1.1M (2020) to $2.9M (2024). In 2024 it made 24 grants totaling $2.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Statue of Liberty- Ellis Island Fund New York, NY | Financial Support | $1,050,000 |
| Alvarez Foundation Philippines | Financial Support | $900,000 |
| Asian Cultural Council New York, NY | Financial Support | $185,000 |
| NYU Stern School of Business New York, NY | Education | $160,000 |
| American Ballet Theatre New York, NY | Financial Support | $132,800 |
| Cancer Research Institute New York, NY | Financial Support | $75,000 |
| City of Hope Duarte, CA | Public Welfare | $55,000 |
| Children's Orchestra Society New York, NY | Financial Support | $51,000 |
| Cornell University Ithaca, NY | Education | $50,000 |
| University of Tulane New Orleans, LA | Financial Support | $40,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $23,384,670 | $8,339,405 | $2,960,054 | $2,913,403 | 24 | $2,913,403 | $714,456 | $917,939 |
| 2023 | $18,005,319 | $5,804,926 | $1,335,595 | $1,283,500 | 24 | $1,283,500 | $334,817 | $674,472 |
| 2022 | $13,495,721 | $4,429,016 | $2,617,662 | $2,523,920 | 26 | $2,523,920 | $269,250 | $562,923 |
| 2021 | $11,684,367 | $1,168,680 | $1,610,367 | $1,560,079 | 24 | $1,560,079 | $793,461 | $605,753 |
| 2020 | $12,126,054 | $4,809,024 | $1,261,657 | $1,126,229 | 21 | — | $246,391 | $414,516 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included funding designated for education, public welfare, and general financial support. Among its grantees, the Asian Cultural Council describes its mission as deepening international dialogue and understanding through cultural exchange, while the Cancer Research Institute describes its work as advancing cancer immunotherapy through scientific discovery and collaboration. City of Hope says its mission is to make hope a reality for people affected by cancer and diabetes. Other grantees include organizations focused on children’s health care, community health, youth theater, and helping rural artisan entrepreneurs access markets.
Grantmaking
In filing year 2024, the foundation reported 24 grants totaling $2,913,403. Grants ranged from $500 to $1,050,000, with a median grant of $31,250. The largest awards included $1,050,000 to the Statue of Liberty-Ellis Island Fund, $900,000 to Alvarez Foundation Philippines, $185,000 to the Asian Cultural Council, $160,000 to NYU Stern School of Business, and $132,800 to American Ballet Theatre. Other grants included $75,000 to the Cancer Research Institute and $55,000 to City of Hope.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Antonio C Alvarez as president, Abigail C Alvarez as vice president, and Dawn M Marsal-Wallin as treasurer.
The Alvarez Charitable Foundation Inc is led by Antonio C. Alvarez, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Antonio C. Alvarez
President
On filings since 2020
No compensation reported
Abigail C. Alvarez
Vice President
On filings since 2020
No compensation reported
Dawn M. Marsal-Wallin
Treasurer
On filings since 2020
0.5 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 Alvarez Charitable Foundation Inc
How much does The Alvarez Charitable Foundation Inc give each year?
The Alvarez Charitable Foundation Inc gave $2.9M across 24 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 24 grants.
What is The Alvarez Charitable Foundation Inc's typical grant size?
The Alvarez Charitable Foundation Inc's median grant in 2024 was $31,250, and its average grant was $121,392, across 24 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Alvarez Charitable Foundation Inc that year got $37K on average.
Where does The Alvarez Charitable Foundation Inc give grants?
The Alvarez Charitable Foundation Inc gives mostly in New York: 60% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (9 grants) and Englewood, NJ (3 grants).
Does The Alvarez Charitable Foundation Inc give general operating support?
Not in 2024: none of the 24 grants with a stated purpose on The Alvarez Charitable Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Financial Support" (18 grants) and "Education" (4 grants).
Who are The Alvarez Charitable Foundation Inc's largest grantees?
The Alvarez Charitable Foundation Inc's largest 2024 grantees include Statue of Liberty- Ellis Island Fund ($1,050,000), Alvarez Foundation Philippines ($900,000) and Asian Cultural Council ($185,000), according to its 2024 IRS Form 990-PF. Together they received 73% of its itemized 2024 grant dollars.
How large is The Alvarez Charitable Foundation Inc?
The Alvarez Charitable Foundation Inc reported $23.4M in total assets on its 2024 IRS Form 990-PF. It paid out $2.9M in qualifying distributions that year, against a required minimum of $918K (roughly 5% of its investment assets).
What does The Alvarez Charitable Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included funding designated for education, public welfare, and general financial support. See mission & focus areas ↑
How do I apply for a grant from The Alvarez Charitable Foundation Inc?
The foundation 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 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.
Does The Alvarez Charitable 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Alvarez Charitable Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Alvarez Charitable Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Alvarez Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-alvarez-charitable-foundation-inc-morg_2480b8f751404c6b9ae7021c209f1f59
BibTeX
@misc{grantable_223479932_2026,
author = {{Grantable}},
title = {{The Alvarez Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-alvarez-charitable-foundation-inc-morg_2480b8f751404c6b9ae7021c209f1f59},
note = {Accessed 2026-10-17. 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 Alvarez Charitable 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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