Alku Foundation Inc
ANDOVER, MA EIN: 88-3376597
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$10.4M
+36.9% YoY
Annual Giving
$864K
+48.0% YoY
Grant Count
58
+34.9% YoY
Avg Grant Size
$15K
+9.8% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,438,644 | $7,623,420 | $4,991,535 |
| Revenue | $3,706,607 | $5,771,026 | $6,380,514 |
| Expenses | $892,609 | $847,741 | $204,682 |
| Qualifying Distributions | $868,580 | $792,002 | $196,984 |
| Net Investment Income | $3,185,652 | $220,606 | $1,199,036 |
| Distributable Amount | $540,893 | $286,398 | $18,776 |
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Alku Foundation Inc fund?
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Key People
Officers and directors from IRS filings
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHLEEN ELDRIDGE | PRESIDENT/TREASURER | 2 | — |
| JOHN ELDRIDGE | DIRECTOR | 1 | — |
| MADELINE ELDRIDGE | DIRECTOR | 1 | — |
| MARK ELDRIDGE | DIRECTOR | 1 | — |
| VANESSA PLANT | EXECUTIVE DIRECTOR, SEE STMT ATTACHED | 40 | — |
Geographic Focus
Where this funder has awarded grants
Cities
AndoverAustinBoothbay HarborBostonCambridgeCentervilleCohassetDamariscottaDedhamDorchesterDorchester CenterDracutEast BostonEden PrairieFraminghamHolyokeHyde ParkJamaica PlainLake ViewLawrence
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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