Mary Alice Arakelian Foundation
https://N/A
$8.1M
Total Assets (2024)
$248K
Avg Yearly Giving (2019–2024)
$1.5M
Giving on File
(6 yrs)
(6 yrs)
83
Grants on File
$22K
Avg Grant Size
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
Mark Welch
Phone
9783768887
Deadlines
September 1st
How to Apply
N/A
Restrictions
None
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | N/A | $7.2M | $411K | N/A |
| 2019 | $40K | $8.2M | $457K | 4 |
| 2020 | $43K | $8.5M | $12K | 5 |
| 2022 | $389K | $7.4M | $130K | 21 |
| 2023 | $390K | $8.0M | $250K | 25 |
| 2024 | $628K | $8.1M | $456K | 28 |
Grant Size Distribution
Based on 83 grants on record
Minimum
$2K
25th Pctl
$10K
Median
$10K
Average
$18K
75th Pctl
$20K
Maximum
$200K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| Mark F Welch | Co-Trustee | $18K |
| Mary E Larnard | Co-Trustee | $12K |
| John F Leary III | Co-Trustee | — |
| Anna Makos | Co-Trustee | — |
| Kimberly A Rock | Co-Trustee | — |
Grants Awarded (83 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| City of Newburyport | Newburyport, MA | $200,000 | UnrestrictedGeneral Support | 2024 |
| Anna Jaques Hospital | Newburyport, MA | $115,000 | UnrestrictedGeneral Support | 2024 |
| Anna Jaques Hospital | Newburyport, MA | $65,000 | UnrestrictedGeneral Support | 2022 |
| Anna Jaques Hospital | Newburyport, MA | $65,000 | UnrestrictedGeneral Support | 2023 |
| Our Neighbor's Table | Amesbury, MA | $50,000 | UnrestrictedGeneral Support | 2022 |
| Firehouse Center for the Arts | Newburyport, MA | $50,000 | UnrestrictedGeneral Support | 2023 |
| Newburyport Education Foundation | Newburyport, MA | $41,821 | UnrestrictedGeneral Support | 2024 |
| Our Neighbor's Table | Amesbury, MA | $35,000 | UnrestrictedGeneral Support | 2023 |
| Pettengill House | Salisbury, MA | $30,000 | UnrestrictedGeneral Support | 2022 |
| Trustees of Boston University | Boston, MA | $30,000 | UnrestrictedGeneral Support | 2022 |
| WBUR | Boston, MA | $30,000 | UnrestrictedGeneral Support | 2023 |
| WBUR | Boston, MA | $30,000 | UnrestrictedGeneral Support | 2024 |
| Opportunity Works | Newburyport, MA | $30,000 | UnrestrictedGeneral Support | 2022 |
| Our Neighbor's Table | Amesbury, MA | $20,000 | UnrestrictedGeneral Support | 2024 |
| Boys and Girls Club LMV | Salisbury, MA | $20,000 | UnrestrictedGeneral Support | 2022 |
| Opportunity Works | Newburyport, MA | $20,000 | UnrestrictedGeneral Support | 2024 |
| Opportunity Works | Newburyport, MA | $20,000 | UnrestrictedGeneral Support | 2023 |
| Custom Houses Museum | Newburyport, MA | $20,000 | UnrestrictedGeneral Support | 2024 |
| Cooper and Gray-William and Mary | Williamsburg, VA | $20,000 | UnrestrictedGeneral Support | 2022 |
| Pettengill House | Salisbury, MA | $20,000 | UnrestrictedGeneral Support | 2023 |
| YWCA of Greater Newburyport | Newburyport, MA | $20,000 | UnrestrictedGeneral Support | 2022 |
| Jeanne Geiger Crisis Center | Newburyport, MA | $16,000 | UnrestrictedGeneral Support | 2022 |
| General Charitable Society of Newburyport | Newburyport, MA | $15,000 | UnrestrictedGeneral Support | 2022 |
| Pettengill House | Salisbury, MA | $15,000 | UnrestrictedGeneral Support | 2024 |
| YWCA of Greater Newburyport | Newburyport, MA | $15,000 | UnrestrictedGeneral Support | 2024 |