Aber D Unger Foundation Inc. | Granted Foundation Directory | Granted AI
BALTIMORE, MD
Aber D Unger Foundation Inc. Quick Facts
EIN 526034758
Location BALTIMORE, MD
Phone (410) 454-2107
Category General
Total Assets $3M
Annual Income $2.5M
IRS Ruling Year 1960
Organization Type Non-Operating Foundation
Principal Officer % Legg Mason Investment Cousel
Tax Deductibility Contributions are deductible
About This Foundation Aber D Unger Foundation Inc. is a private corporation based in BALTIMORE, MD. The foundation received its IRS ruling in 1960. The principal officer is % Legg Mason Investment Cousel. It holds total assets of $3M. Annual income is reported at $2.5M. THE FOUNDATION PROVIDES CONTRIBUTIONS AND GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS WHO ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES - SEE LIST OF RECIPIENTS ($342,500). According to available records, Aber D Unger Foundation Inc. has made 129 grants totaling $1.4M, with a median grant of $8K. Annual giving has grown from $323K in 2021 to $685K in 2023. Individual grants have ranged from $2K to $35K, with an average award of $11K. The foundation has supported 51 unique organizations. The foundation primarily supports organizations in Maryland, New York, California, which account for 71% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Application Information
Deadline NO DEADLINES EXIST. APPLICATIONS ARE REVIEWED AS RECEIVED.
Restrictions AWARDS RESTRICTED TO IRC SECTION 501(C)(3) ORGANIZATIONS (EMPHASIS: MUSIC, MEDICAL RESEARCH & SERVICE, SOCIAL WELFARE) Programs & Activities THE FOUNDATION PROVIDES CONTRIBUTIONS AND GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS WHO ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES - SEE LIST OF RECIPIENTS ($313,000)
Expenses: $322K
Frequently Asked Questions What does Aber D Unger Foundation Inc. fund? THE FOUNDATION PROVIDES CONTRIBUTIONS AND GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS WHO ARE INVOLVED IN DIRECT CHARITABLE ACTIVITIES - SEE LIST OF RECIPIENTS ($342,500). Based on available records, the foundation has funded 129 grants. Its grantmaking reaches organizations primarily in MD, NY, CA.
How much does Aber D Unger Foundation Inc. give in grants? Aber D Unger Foundation Inc. has distributed a total of $1.4M across 129 grants. The median grant size is $8K, with an average of $11K. Individual grants have ranged from $2K to $35K.
How do I apply for a grant from Aber D Unger Foundation Inc.? The application deadline is NO DEADLINES EXIST. APPLICATIONS ARE REVIEWED AS RECEIVED.. AWARDS RESTRICTED TO IRC SECTION 501(C)(3) ORGANIZATIONS (EMPHASIS: MUSIC, MEDICAL RESEARCH & SERVICE, SOCIAL WELFARE).
Where is Aber D Unger Foundation Inc. located? Aber D Unger Foundation Inc. is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 11 states.
Key People & Compensation (2024) Name Title Compensation Benefits Total John A Feinblatt PRESIDENT $0 $0 $0 Eric Feinblatt DIRECTOR $0 $0 $0 Paul C Wolman Iii DIRECTOR $0 $0 $0
990 Tax Filings Year Return Type PDF 2024 990PF View2023 990PF View2022 990PF View2021 990PF
Financial Overview Net Investment Income
$65K
2023
Distribution Amount
$308K
2023
Investment Portfolio (2023) Total: $2.2M
Corporate Stock (85%)
Other Investments (14%)
Cash (1%)
Revenue Sources (2023)
Dividends $94K
Interest $9K
Capital Gains (Net) $-26,738 Financial Details (2023)
Total Revenue $76K
Total Expenses $360K
Exempt Purpose Expenses $322K
Required Distribution $308K
Undistributed Income $0
Total Liabilities $1
Excise Tax $910 Foundation Classification (2023) Operating Foundation No
Grants to Individuals No
Non-Charity Grants No
Lobbying Activity No
Excess Business Holdings No
Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2023)
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
MD $556K (51)
NY $464K (33)
CA $81K (8)
DC $60K (10)
PA $52K (7)
ME $40K (5)
Past Grantees Recipient Location Amount Year Witness FOR USE IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION Brooklyn, NY $8K 2021 Fund For Educational ExcellenceFOR USE IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION Baltimore, MD $35K 2023 Maryland NonprofitsFOR USE IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION Baltimore, MD $27K 2023 Everytown For Gun Safety Support FundFOR USE IN ACCORDANCE WITH THE ESTABLISHED PURPOSE OF THE RECIPIENT ORGANIZATION New York, NY $25K 2023 Teach For America
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