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Alberto Foundation is a private corporation based in MONTGOMERY, NY. The foundation received its IRS ruling in 1997. The principal officer is Steve Alberto. It holds total assets of $719K. Annual income is reported at $128K. Total assets have grown from $598K in 2011 to $719K in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2024. Grantmaking is concentrated in New Jersey. According to available records, Alberto Foundation has made 47 grants totaling $190K, with a median grant of $250. Annual giving has grown from $40K in 2020 to $50K in 2023. Grantmaking activity was highest in 2022 with $50K distributed across 13 grants. Individual grants have ranged from $250 to $20K, with an average award of $4K. The foundation has supported 21 unique organizations. Grants have been distributed to organizations in New Jersey and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$250
Average Grant
$5K
Largest Grant
$20K
Based on 11 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alberto Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 47 grants. Its grantmaking reaches organizations primarily in NJ, VA.
Alberto Foundation has distributed a total of $190K across 47 grants. The median grant size is $250, with an average of $4K. Individual grants have ranged from $250 to $20K.
The application deadline is NO DEADLINE. No restrictions.
Alberto Foundation is headquartered in MONTGOMERY, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joan Alberto | PRESIDENT | $0 | $0 | N/A |
| Steve Alberto | VP | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$719K
Fair Market Value
N/A
Net Worth
$719K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
47
Total Giving
$190K
Average Grant
$4K
Median Grant
$250
Unique Recipients
21
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rachel FoundationCHARITABLE | Watchung, NJ | $10K | 2023 |
| Kessler FoundationCHARITABLE | East Hanover, NJ | $250 | 2023 |
| St BenedictsCHARITABLE | Deal, NJ | $250 | 2020 |
| St Barnabus Medical CtrCHARITABLE | Livingston, NJ | $15K | 2023 |
| Seton Hall UniversityCHARITABLE | South Orange, NJ | $10K | 2023 |
| St Philomenas ChurchCHARITABLE | Livingston, NJ | $8K | 2023 |
| Seton Hall PrepCHARITABLE | West Orange, NJ | $5K | 2023 |
| Convenant HouseCHARITABLE | Newark, NJ | $500 | 2023 |
| CfbnjCHARITABLE | Hillside, NJ | $250 | 2023 |
| Arhtritus FoundationCHARITABLE | Iselin, NJ | $250 | 2023 |
| Alzheimers AssocCHARITABLE | Florham Park, NJ | $250 | 2023 |
| Greater Newark Holiday FdCHARITABLE | Newark, NJ | $250 | 2023 |
| Marine Toys For Tots FoundCHARITABLE | Triangle, VA | $250 | 2023 |
| Lupus FoundationCHARITABLE | Livingston, NJ | $250 | 2022 |
| Seton Hall Prep Annual FundCHARITABLE | West Orange, NJ | $10K | 2021 |
| Alzheimers AssociationCHARITABLE | Florham Park, NJ | $250 | 2021 |
| Arthritis FoundationCHARTIABLE | Iselin, NJ | $250 | 2021 |
| Market Street MissionCHARITABLE | Morristown, NJ | $250 | 2021 |
| Greater Newark Holday FundCHARTIABLE | Newark, NJ | $250 | 2021 |
| Greater Newark Holiday FundCHARITABLE | Newark, NJ | $250 | 2020 |
| Toys For TotsCHARITABLE | Metuchen, NJ | $250 | 2020 |