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J. A. & Kathryn Albertson Foundation, Inc.

Profile

Last profile update: 06/09/2016
Last grant data update: 02/11/2017

At A Glance

J. A. & Kathryn Albertson Foundation, Inc.

501 Baybrook Ct., P.O. Box 70002

Boise, ID United States 83707-0102

Telephone: (208) 424-2600

URL: www.jkaf.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

EIN

826012000

BRIDGE Number

6989036655

Background

Established in 1966 in ID - Founded by Joe and Kathryn Albertson. Mr. Albertson was the founder of the Albertsons chain of grocery store. From its beginning, the foundation gave to a variety of charitable causes within Idaho, where the couple met, married and raised their daughter, Barbara. As the foundation's assets grew, its giving began to focus primarily on one area -- Idaho education. Joe Albertson passed away in 1993. In 1997, Kathryn gave a generous gift of $660 million worth of Albertson's Incorporated stock to the foundation, which propelled its giving level from approximately $2.5 million a year to more than $35 million. Kathryn was a Director Emeritus on the foundation's Board of Directors until her passing in April, 2002.

Purpose and Activities

The vision and mission of the foundation is to discover, develop and expand environments of limitless learning for all Idahoans.