Endowment / Foundation

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J.A. and Kathryn Albertson Foundation

The J.A. and Kathryn Albertson Foundation was founded in 1966 in Boise, Idaho, by Joe and Kathryn Albertson. Joe Albertson built the Albertsons grocery chain...

J.A. and Kathryn Albertson Foundation logo

J.A. and Kathryn Albertson Foundation

The J.A. and Kathryn Albertson Foundation was founded in 1966 in Boise, Idaho, by Joe and Kathryn Albertson. Joe Albertson built the Albertsons grocery chain from a single store in 1939 into one of America's largest food retailers. The foundation is now led by President Jamie Jo Scott, a great-granddaughter of the founders, who directs its strategy alongside input from other family members through the Scott family's private holding company, Alscott Inc. The foundation maintains a narrow geographic mandate: it deploys capital exclusively within Idaho, aiming to create what it calls limitless learning for all Idahoans. The foundation pursues a focused program-related investment strategy centered on three pillars: learning innovation, awareness-building, and community investments. Its asset base includes significant commercial and agricultural real estate holdings, notably the Whitetail Club and Shore Lodge resort properties in McCall, Idaho, Tree Top Ranches in Idaho and Oregon, the Iron Horse Ranch, and the Alscott Building in Boise. The foundation is also linked to the development of the Idaho Outdoor Fieldhouse and the preservation of public spaces like Kathryn Albertson Park. Its philanthropic grants target large-scale educational initiatives rather than a high volume of small donations, reflecting a strategy of concentrated, transformative capital deployment within a single state. The foundation does not publicly report its endowment size, total deployment figures, or staff headcount. Its structure is deliberately interwoven with the Scott family's for-profit activities. Alscott Inc., chaired by J.B. "Joe" Scott, serves as the family office and holding company for private investments, while the foundation functions as the charitable vehicle. Jamie Jo Scott's participation in the Pahara-Aspen Education Fellowship signals a network-oriented approach to sourcing educational reform ideas and grant-making partners. No separate investment committee or external manager roster is publicly documented, suggesting family principals retain direct control over both philanthropic and private investment decisions. The foundation's structural differentiator is its legally separate but operationally adjacent relationship to a single-family holding company, allowing the Scotts to run commercial real estate and hospitality assets through Alscott Inc. while funding educational nonprofits through the foundation — all within a strictly Idaho-centric geographic silo. This dual-structure model concentrates both for-profit returns and philanthropic outcomes on a single geography, a pattern distinct from nationally diversified foundations that lack a co-located family office arm managing business assets in the same region.

General information

Firm type

Endowment / Foundation

Year founded

1966

Location

Region

North America

Country

United States

City

Boise

Corporate office

Boise, ID, United States

Principals

Jamie Jo Scott

President

J.B. "Joe" Scott

Founder & Chairman of Alscott Inc.

Brian Scott

Vice President of Alscott Inc.

Sector focus

EducationReal Estate

Frequently asked questions

How is the foundation related to the Albertsons grocery chain?

The foundation was established in 1966 by Joe Albertson, who founded the Albertsons grocery chain in 1939, and his wife Kathryn. It is not a corporate foundation of the supermarket company, which has been publicly traded and gone through multiple ownership changes since Joe Albertson stepped down. The foundation is a private family philanthropy now led by the founders' great-granddaughter, Jamie Jo Scott, whose family retains no operational control over the Albertsons Companies grocery business.

Who makes investment and grant-making decisions at the foundation?

President Jamie Jo Scott, a great-granddaughter of the founders, leads the foundation. She appears to have decision-making authority over grant strategy, likely with input from other family members through Alscott Inc., the Scott family's private holding company and family office chaired by J.B. "Joe" Scott. The foundation does not publicly identify an external investment committee or professional CIO, suggesting decisions stay within the family.

Does the foundation invest outside of Idaho?

No. The foundation's stated mandate limits both its grant-making and programmatic investments to initiatives within Idaho. Its mission explicitly aims to benefit Idahoans, and there is no public evidence of out-of-state philanthropic grants. The family's private holdings, managed separately through Alscott Inc., include land in Oregon, but the foundation's educational funding is Idaho-exclusive.

What is the relationship between the foundation and Alscott Inc.?

Alscott Inc. is the Scott family's private holding company and family office, chaired by J.B. "Joe" Scott. It owns and manages the family's for-profit assets, including commercial real estate like the Alscott Building, resort properties such as the Whitetail Club and Shore Lodge, and ranching operations. The J.A. and Kathryn Albertson Foundation is a legally separate philanthropic entity, but both are led by the same family members and operate with a shared geographic focus. This structure keeps business assets distinct from the charitable endowment while allowing coordinated family governance.

What kind of educational initiatives does the foundation fund?

The foundation targets large-scale, transformational initiatives under three banners: learning innovation, awareness, and community investments. It does not run a broad, application-based small-grant program. Publicly associated physical assets include the Idaho Outdoor Fieldhouse and Kathryn Albertson Park, suggesting an approach that blends capital projects with programmatic grants aimed at systemic education reform rather than incremental school-level funding.

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