The Andover Companies Charitable Foundation
The Andover Companies Charitable Foundation is a private 501(c)(3) foundation established in 2022 and based in Wilmington, Delaware. The foundation was created by The Andover Companies to enhance their commitment to impactful philanthropy by supporting vital community initiatives, partnering with local nonprofits, and funding projects that drive meaningful change.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$792K
+426.4% YoY
Annual Giving
$338K
+41.5% YoY
Grant Count
147
+59.8% YoY
Avg Grant Size
$2K
-11.5% YoY
Under IRS private-foundation payout rules, The Andover Companies Charitable Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports community initiatives through strategic grantmaking focused on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community Health
- Health and Wellness
- Services for Children and Youth
The foundation prioritizes general and unrestricted projects that work towards the future, including capital campaigns, charitable events, and regional initiatives.
Grantmaking
Ready to take the next step with The Andover Companies Charitable Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives in:
- Massachusetts
- New Hampshire
- New York
- New England region
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount | Year |
|---|---|---|
| Total Assets | $792,463 | 2024 |
| Total Revenues | $1,007,718 | 2024 |
| Total Expenses | $365,799 | 2024 |
| Total Giving | $337,776 | 2024 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $792,463 | $150,544 | $413,544 |
| Revenue | $1,007,718 | $2,946 | $2,034 |
| Expenses | $365,799 | $266,081 | $233,869 |
| Qualifying Distributions | $365,699 | $266,053 | $233,864 |
| Net Investment Income | $6,868 | $2,946 | $2,034 |
| Distributable Amount | $14,153 | $16,123 | $26,142 |
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
156 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Agespan Inc ($15,000), Catholic Charitable Bureau of the Archdiocese of B ($5,000), Clean River Project Inc ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABBY KELLEY FOSTER HOUSE INC WORCESTER, MA | General & Unrestricted | $2,000 |
| AGESPAN INC LAWRENCE, MA | General & Unrestricted | $15,000 |
| ALL CARE HOSPICE INC LYNN, MA | General & Unrestricted | $1,000 |
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI NEWTON, MA | Charitable Event | $2,000 |
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI CHICAGO, IL | General & Unrestricted | $60 |
| ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI NEWTON, MA | General & Unrestricted | $370 |
| ALZHEIMERS FUND - SUPPORT RESEARCH CURE INC SALEM, MA | General & Unrestricted | $250 |
| AMERICAN CANCER SOCIETY BOSTON, MA | General & Unrestricted | $100 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | General & Unrestricted | $50 |
| AMERICAN CANCER SOCIETY INC HAGERSTOWN, MD | General & Unrestricted | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles J DiGrande | Dir, Pres, Member Spokesperson | 1 | — |
| Amy DiPerna | Dir, Treas | 1 | — |
| Catherine MacGilvray | VP | 1 | — |
| Kevin Ouellette | Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Andover Companies Charitable Foundation fund?
The foundation supports community initiatives through strategic grantmaking focused on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Community Health • Health and Wellness • Services for Children and Youth The foundation prioritizes general and unrestricted projects that work towards the future, including capital campaigns, charitable events, and regional initiatives.
How do I apply for a grant from The Andover Companies Charitable Foundation?
**Grant Activity:** • Made 54 grants in 2024 • Made 109+ grants totaling $280,477 in recent activity • Typical award range: $25,000–$63,000 **Recent Grant Recipients (2024):** • Lawrence General Hospital: $63,000 • Lawrence Boys and Girls Club: $20,300 • AgeSpan (ESMV): $15,000 **Total Giving:** • 2024: $337,776
Where does The Andover Companies Charitable Foundation make grants?
The foundation primarily funds initiatives in: • Massachusetts • New Hampshire • New York • New England region
What size grants does The Andover Companies Charitable Foundation award?
In 2024, The Andover Companies Charitable Foundation awarded 147 grants totaling $338K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Andover Companies Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Andover Companies Charitable Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Andover Companies Charitable Foundation's EIN?
The Andover Companies Charitable Foundation's EIN (Employer Identification Number) is 87-2664214. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Andover Companies Charitable Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
Ge Aerospace Foundation
NORWALK, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Eastern Bank Foundation
LYNN, MA
Assets
$249.7M
Grants
1
Total Given
$14.7M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
Amica Companies Foundation
LINCOLN, RI
Assets
$43.8M
Grants
1,288
Total Given
$4.2M
The Ayco Charitable Foundation
COHOES, NY
Assets
$1.2B
Grants
4,719
Total Given
$287.7M
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Andover Companies Charitable Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities