Alternative Foundation
WILMINGTON, DE EIN: 83-3128471
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$5.3M
-6.7% YoY
Annual Giving
$325K
+30.0% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$54K
-35.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,287,328 | $5,664,083 | $3,208,810 |
| Revenue | $299,770 | $3,035,382 | $62,581 |
| Expenses | $676,525 | $580,109 | $784,511 |
| Qualifying Distributions | $606,665 | $547,396 | $739,823 |
| Net Investment Income | $231,630 | $52,892 | $33,873 |
| Distributable Amount | $343,800 | $171,835 | $195,404 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Alternative Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rachel Alternative | Dir, Sec, Treas | 40 | $103,000 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Michigan $1.4M (98%)
Massachusetts $30K (2%)
States
Cities
Bingham FarmsConcordDetroitLansingRedford
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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