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Altamont Foundation is a private corporation based in ZEPHYR COVE, NV. The foundation received its IRS ruling in 2002. The principal officer is Thomas Andriacchi. It holds total assets of $279K. Annual income is reported at $17K. Total assets have decreased from $1.3M in 2011 to $296K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Altamont Foundation has made 3 grants totaling $409K, with a median grant of $74K. Individual grants have ranged from $52K to $283K, with an average award of $136K. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
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.
Altamont Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.
Altamont Foundation has distributed a total of $409K across 3 grants. The median grant size is $74K, with an average of $136K. Individual grants have ranged from $52K to $283K.
Altamont Foundation typically selects its grantees rather than accepting unsolicited proposals. Organized charitable, scientific or educational purposes.
Altamont Foundation is headquartered in ZEPHYR COVE, NV.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Andriacchi | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Doreen B Andriacchi | TREASURER & DIRECTOR | $0 | $0 | N/A |
Total Giving
$775
Total Assets
$296K
Fair Market Value
$1.1M
Net Worth
$296K
Grants Paid
N/A
Contributions
$369
Net Investment Income
$16K
Distribution Amount
$49K
Total: N/A
Total Grants
3
Total Giving
$409K
Average Grant
$136K
Median Grant
$74K
Unique Recipients
1
Most Common Grant
$52K
of 2020 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stanford UniversityEDUCATIONAL | Stanford, CA | $283K | 2020 |