The Francis and Mary Alves Scholarship
The Francis and Mary Alves Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVINCETOWN, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $9K in total assets. In 2025, it made $835 in qualifying distributions.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$9K
-18.8% YoY
Revenue
$47
-16.1% YoY
Qualifying Distributions
$835
+0.0% YoY
Expenses
$2K
-0.2% YoY
Under IRS private-foundation payout rules, The Francis and Mary Alves Scholarship reported a distributable amount of $451 for 2025 — the minimum it must pay out in qualifying distributions.
About The Francis and Mary Alves Scholarship
Based on IRS filings
The Francis and Mary Alves Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVINCETOWN, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $9K in total assets. In 2025, it made $835 in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $8,602 | $10,590 | $12,574 |
| Revenue | $47 | $56 | $48 |
| Expenses | $2,035 | $2,040 | $35 |
| Qualifying Distributions | $835 | $835 | $35 |
| Net Investment Income | — | — | $48 |
| Distributable Amount | $451 | $541 | $617 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER J SNOW | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Francis and Mary Alves Scholarship?
The Francis and Mary Alves Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVINCETOWN, MA. It holds $9K in total assets as of 2025.
How large is The Francis and Mary Alves Scholarship?
As of 2025, The Francis and Mary Alves Scholarship holds $9K in total assets with $47 in annual revenue.
How much is The Francis and Mary Alves Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Francis and Mary Alves Scholarship reported a distributable amount of $451 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Francis and Mary Alves Scholarship's EIN?
The Francis and Mary Alves Scholarship's EIN (Employer Identification Number) is 27-6528238. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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