The Andover Companies Charitable Foundation logo

The Andover Companies Charitable Foundation

WILMINGTON, DE EIN: 87-2664214 Website

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

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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

22states
+14 more states

Cities

AlexandriaAmherstAndoverAtkinsonAtlantaAuroraBaldwinBeverlyBooneBoothbay HbrBostonBraintreeBristolBrocktonBrooklineBrunswickBuffaloBurlingtonCarmelCedar Knolls

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$277K$554K$831K$1M2021202220232024
Metric202420232022
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

$0$84K$169K$253K$338K6 grants202154 grants202292 grants2023147 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AGESPAN INC$15KCATHOLIC CHARITABLE BURE…$5KCLEAN RIVER PROJECT INC$4KDOUBLE H - HOLE IN THE W…$4KBEACON ACADEMY INC$3KBEVERLY BOOTSTRAPS COMMU…$3KBOOTHBAY REGION COMMUNIT…$3KCAMP SUNSHINE AND CAMP S…$3KCANINE COMPANIONS FOR IN…$3KCLEAR PATH FOR VETERANS …$3K

Grant Size Distribution

156 grants across all recorded years

153<$50K3$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 Agespan Inc ($15,000), Catholic Charitable Bureau of the Archdiocese of B ($5,000), Clean River Project Inc ($4,000).

RecipientPurposeAmount
ABBY KELLEY FOSTER HOUSE INC WORCESTER, MAGeneral & Unrestricted$2,000
AGESPAN INC LAWRENCE, MAGeneral & Unrestricted$15,000
ALL CARE HOSPICE INC LYNN, MAGeneral & Unrestricted$1,000
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI NEWTON, MACharitable Event$2,000
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI CHICAGO, ILGeneral & Unrestricted$60
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATI NEWTON, MAGeneral & Unrestricted$370
ALZHEIMERS FUND - SUPPORT RESEARCH CURE INC SALEM, MAGeneral & Unrestricted$250
AMERICAN CANCER SOCIETY BOSTON, MAGeneral & Unrestricted$100
AMERICAN CANCER SOCIETY ATLANTA, GAGeneral & Unrestricted$50
AMERICAN CANCER SOCIETY INC HAGERSTOWN, MDGeneral & Unrestricted$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Charles J DiGrandeDir, Pres, Member Spokesperson1
Amy DiPernaDir, Treas1
Catherine MacGilvrayVP1
Kevin OuelletteDir, Sec1

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

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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