Peter Alfond Foundation

Organization Overview

Peter Alfond Foundation is located in Bethesda, MD. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peter Alfond Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Peter Alfond Foundation generated $129.3m in total revenue. All expenses for the organization totaled $62.4m during the year ending 12/2020. While expenses have increased by 122.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Peter Alfond Foundation has awarded 143 individual grants totaling $70,014,496. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

NONE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Intentional Philanthrophy Llc
$221,140
Jp Morgan Chase Bank
$241,916
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $127,500,000
Interest on Savings $2,079
Dividends & Interest $1,121,868
Net Rental Income$0
Net Gain on Sale of Assets $678,157
Capital Gain Net Income $716,170
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,129
Total Revenue $129,307,233

Grants Awarded

Over the last fiscal year, Peter Alfond Foundation has awarded $2,035,172 in support to 28 organizations.

Grant RecipientAmount

FOUNDATION FOR PUERTO RICO

Org PageRecipient Profile

San Juan, PR

PURPOSE: COMMUNITY LEADERSHIP ACADEMY

$265,446

BOYS AND GIRLS CLUB OF AUGUSTA MAINE

PURPOSE: AUGUSTA TEEN CENTER

$250,000

PUERTO RICO EDUCATION FOUNDATION

PURPOSE: CAMINO HACIA LA META

$250,000

CARAS CON CAUSA

PURPOSE: GENERAL OPERATING SUPPORT

$150,000

BOYS AND GIRLS CLUB OF PUERTO RICO

PURPOSE: SOCIAL-EMOTIONAL LEARNING PROGRAMS

$140,000

MAINE RESILIENCE BUILDING NETWORK

Org PageRecipient Profile

Manchester, ME

PURPOSE: GENERAL OPERATING SUPPORT

$100,000
View Grant Profile

Peer Organizations

Organization NameAssets
William Penn Foundation
Philadelphia, PA
$175,834,650
The Heinz Endowments
Pittsburgh, PA
$54,378,087
Msi-Us
Washington, DC
$71,292,993
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Pnc Foundation
Pittsburgh, PA
$3,451,991
Peter Alfond Foundation
Bethesda, MD
$129,307,233
Bhp Foundation
Washington, DC
$68,102,954
Wyss Medical Foundation Inc
Washington, DC
$827,503
Service Coordination Inc
Frederick, MD
$52,158,150
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
Claws Foundation
Reston, VA
$1,734,426
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772

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