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Alfa Foundation is a private corporation based in GREENWICH, CT. The foundation received its IRS ruling in 2001. The principal officer is Turnbull & Asser. It holds total assets of $24.7M. Annual income is reported at $5.7M. Total assets have grown from $6.6M in 2011 to $24.7M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in New York and Connecticut. According to available records, Alfa Foundation has made 23 grants totaling $3.7M, with a median grant of $150K. The foundation has distributed between $1.9M and $1.9M annually from 2020 to 2022. Individual grants have ranged from $50K to $250K, with an average award of $161K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in New York, Connecticut, Georgia, which account for 87% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$100K
Average Grant
$130K
Largest Grant
$250K
Based on 10 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.
Alfa Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in NY, CT, GA.
Alfa Foundation has distributed a total of $3.7M across 23 grants. The median grant size is $150K, with an average of $161K. Individual grants have ranged from $50K to $250K.
Alfa Foundation typically selects its grantees rather than accepting unsolicited proposals.
Alfa Foundation is headquartered in GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ali Fayed | TRUSTEE | $0 | $0 | N/A |
| Pier Stiny | EXECUTIVE | $0 | $0 | N/A |
| James Fayed | TRUSTEE | $0 | $0 | N/A |
| Sammy Fayed | TRUSTEE | $0 | $0 | N/A |
| Liam Fayed | TRUSTEE | $0 | $0 | N/A |
| Tracy Fayed | TRUSTEE | $0 | $0 | N/A |
Total Giving
$3.2M
Total Assets
$24.7M
Fair Market Value
$44.2M
Net Worth
$24.7M
Grants Paid
$3M
Contributions
N/A
Net Investment Income
$3.2M
Distribution Amount
$2M
Total Grants
23
Total Giving
$3.7M
Average Grant
$161K
Median Grant
$150K
Unique Recipients
17
Most Common Grant
$250K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brunswick SchoolSUPPORT FOR ACADEMIC AND EXTRACURRICULAR ACTIVITIES TO BOYS IN THE BROADER COMMUNITIES | Greenwich, CT | $250K | 2022 |
| Columbia University Medical Center (Ccti)SUPPORT FOR PROVIDING HEALTH CARE RESEARCH IN HUMAN IMMUNOLOGY | New York, NY | $250K | 2022 |
| Columbia University Medical Center (Cuimcoccc)SUPPORT FOR PROVIDING HEALTH CARE RESEARCH | New York, NY | $250K | 2022 |
| Greenwich HospitalTO SUPPORT THE GREENWICH HOSPITAL ANNUAL FUND | Cos Cob, CT | $250K | 2022 |
| Hospital For Special SurgeryCOMPLEX JOINT RECONSTRUCTION CENTER ENDOWMENT | New York, NY | $250K | 2022 |
| Co-Operative For Assistance And Relief Everywhere Inc (Care Inc)TO SUPPORT THE UKRAINE CRISIS FUND | Atlanta, GA | $200K | 2022 |
| Rippowam Cisqua SchoolSUPPORT FOR PANDEMIC RELIEF | Bedford, NY | $150K | 2022 |
| Baylor College Of Medicine (Robert J Luchi Clinical Chair In Geriatrics)TO SUPPORT MEDICAL RESEARCH DIRECTED TOWARD THE ROBERT J. LUCHI CLINICAL CHAIR IN GERIATRICS | Houston, TX | $100K | 2022 |
| Columbia University (Opthalmology Annual Fund Unrestricted)TO SUPPORT THE OPHTHALMOLOGY FUND | New York, NY | $100K | 2022 |
| The Writing RevolutionSUPPORT FOR ALL STUDENTS' ABILITIES TO BECOME PROFICIENT WRITERS, READERS, AND CRITIAL THINKERS | New York, NY | $50K | 2022 |
| Westchester Medical FoundationSUPPORT FOR PROVIDING THE HIGHEST QUALITY HEALTHCARE. | Valhalla, NY | $150K | 2020 |
| International School Of LaSUPPORT FOR PANDEMIC RELIEF | Burbank, CA | $150K | 2020 |
| Clubhouse InternationalSUPPORT FOR CHANGING THE WORLD OF MENTAL HEALTH. | New York, NY | $100K | 2020 |
| Waterside SchoolSUPPORT FOR EDUCATION IN ECONOMICALLY CHALLENGED COMMUNITIES. | Stamford, CT | $100K | 2020 |
| St Jude Children'S Research HospitalSUPPORT FOR PROVIDING MEDICAL RESEARCH AND TREATMENTS TO CHILDREN. | Memphis, TN | $50K | 2020 |
| Columbia University Medical Center (Ophthalmology)SUPPORT FOR PROVIDING HEALTH CARE RESEARCH IN OPHTHALMOLOGY. | New York, NY | $50K | 2020 |
| Connecticut Food BankSUPPORT FOR PANDEMIC RELIEF | Wallingford, CT | $50K | 2020 |