The Andover Companies Charitable Foundation

EIN 872664214 Private Foundation

Lake Success, NY 11042 |(800) 839-1754

Total Given 2021–2024
$880K
299 grants · $220K avg/year
based on 4 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$500
typical micro grants · $124–$3K
grant size
18%
balanced · 40/221 multi-year
repeat
$804K
Assets (2024)
221
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2022, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $208,325. This amount represents 25% or more of the Foundation's net assets of $645,379 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2022. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Human Services Youth Development

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2021 $95K $645K $750K 6
2022 $208K $414K $2K 54
2023 $239K $151K $3K 92
2024 $338K $804K $1.0M 147

Grant Size Distribution

Based on 299 grants on record

Minimum
$25
25th Pctl
$124
Median
$500
Average
$3K
75th Pctl
$3K
Maximum
$63K

Geographic Distribution


Texas Counties Served

0.7% of US grants · Rank #14 of 22 states $360 across 2 grants 1 of 254 counties

Top 1 counties

  1. 1 Dallas 2 grants · $360

Officers & Directors

Grants Awarded (299 total)

Purpose
Lawrence General Hospital Lawrence, MA $63,000 General & Unrestricted 2023
Lawrence General Hospital Lawrence, MA $63,000 General & Unrestricted 2024
Lawrence General Hospital Lawrence, MA $50,000 General & Unrestricted 2021
Lawrence General Hospital Lawrence, MA $50,000 General & Unrestricted 2022
Bowdoin College Brunswick, ME $25,000 General & Unrestricted 2022
Lawrence Boys and Girls Club Inc Lawrence, MA $20,300 General & Unrestricted 2024
Lawrence Boys and Girls Club Inc Lawrence, MA $20,000 General & Unrestricted 2023
Lawrence Boys Club & Girls Club Inc Lawrence, MA $17,500 General & Unrestricted 2022
Insurance Library Association Boston, MA $15,000 General & Unrestricted 2023
Agespan Inc Lawrence, MA $15,000 General & Unrestricted 2024
Habitat for Humanity International Inc Danvers, MA $15,000 General & Unrestricted 2024
Insurance Library Association Boston, MA $15,000 General & Unrestricted 2024
Saint Patricks Parish Lawrence, MA $15,000 In support of the Cor Unum Meal Center 2024
Insurance Library Association of Boston Boston, MA $15,000 General & Unrestricted 2022
Lazarus House Incorporated Lawrence, MA $10,650 General & Unrestricted 2024
The Greater Boston Food Bank Inc Boston, MA $10,135 General & Unrestricted 2022
Elder Services of the Merrimack Valley Inc Lawrence, MA $10,000 General & Unrestricted 2021
Habitat for Humanity International Inc Danvers, MA $10,000 General & Unrestricted 2021
Saint Patricks Parish Lawrence, MA $10,000 Cor Unum Meal Center 2021
The Greater Boston Food Bank Inc Boston, MA $10,000 General & Unrestricted 2021
Agespan Inc Lawrence, MA $10,000 General & Unrestricted 2023
Habitat for Humanity International Inc Danvers, MA $10,000 General & Unrestricted 2023
Lazarus House Incorporated Lawrence, MA $10,000 Charitable Event 2023
Notre Dame Cristo Rey High School Inc Methuen, MA $10,000 Working for Our Future: The Capital Campaign for NDCR 2023
Saint Patricks Parish Lawrence, MA $10,000 Cor Unum Meal Center 2023

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