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Also known as: IRREVOCABLE CHARITABLE TRUST
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Alter Issac And Charlotte Gross Irrevocable Charitable Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1993. The principal officer is Shanholt & Co. It holds total assets of $886K. Annual income is reported at $332K. Total assets have grown from $512K in 2011 to $799K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, Alter Issac And Charlotte Gross Irrevocable Charitable Trust has made 25 grants totaling $270K, with a median grant of $8K. The foundation has distributed between $38K and $88K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $88K distributed across 8 grants. Individual grants have ranged from $1K to $24K, with an average award of $11K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$9K
Average Grant
$13K
Largest Grant
$24K
Based on 6 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.
Alter Issac And Charlotte Gross Irrevocable Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Alter Issac And Charlotte Gross Irrevocable Charitable Trust has distributed a total of $270K across 25 grants. The median grant size is $8K, with an average of $11K. Individual grants have ranged from $1K to $24K.
Alter Issac And Charlotte Gross Irrevocable Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Alter Issac And Charlotte Gross Irrevocable Charitable Trust is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Henry Gross | TRUSTEE | $0 | $0 | N/A |
| Mark Gross | TRUSTEE | $0 | $0 | N/A |
Total Giving
$72K
Total Assets
$799K
Fair Market Value
$1.7M
Net Worth
$799K
Grants Paid
$65K
Contributions
$45K
Net Investment Income
$236K
Distribution Amount
$72K
Total Grants
25
Total Giving
$270K
Average Grant
$11K
Median Grant
$8K
Unique Recipients
13
Most Common Grant
$18K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chevra Tzedekah V'ChesedUNRESTRICTED USE BY RECIPIENT | Brooklyn, NY | $18K | 2023 |
| Gates Of MercyUNRESTRICTED USE BY RECIPIENT | Lakewood, NJ | $18K | 2023 |
| Congregation Ohab TzedekUNRESTRICTED USE BY RECIPIENT | New York, NY | $12K | 2023 |
| Keron YaakovUNRESTRICTED USE BY RECIPIENT | New York, NY | $10K | 2023 |
| Hachnosas KallahUNRESTRICTED USE BY RECIPIENT | New York, NY | $6K | 2023 |
| Bonei OlamUNRESTRICTED USE BY RECIPIENT | Brooklym, NY | $1K | 2023 |
| Congregation Ohab ZedekUNRESTRICTED USE BY RECIPIENT | New York, NY | $15K | 2022 |
| Yeshivas Chasam SoferUNRESTRICTED USE BY RECIPIENT | Brooklyn, NY | $5K | 2022 |
| The Builder SchoolUNRESTRICTED USE BY RECIPIENT | Emerson, NJ | $4K | 2021 |
| Revah V'HatzlachahUNRESTRICTED USE BY RECIPIENT | New York, NY | $23K | 2020 |
| Yeshiva Chasan SoferUNRESTRICTED USE BY RECIPIENT | Brooklyn, NY | $10K | 2020 |
| Congregation Zichron YisroelUNRESTRICTED USE BY RECIPIENT | Lakewood, NJ | $8K | 2020 |
| Congregation Ahavas ChesedUNRESTRICTED USE BY RECIPIENT | New York, NY | $8K | 2020 |