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Altman Family Foundation Inc. is a private corporation based in HACKENSACK, NJ. The foundation received its IRS ruling in 1995. The principal officer is % Steven Altman. It holds total assets of $270K. Annual income is reported at $233K. THE FOUNDATION WAS FORMED EXCLUSIVELY TO ENGAGE IN SUCH CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES AS SHALL BE IN THE FURTHERANCE OF THE PUBLIC WELFARE AND SHALL TEND TO PROMOTE THE WELL- BEING OF MANKIND. THE FOUNDATION ALSO PROVIDES HOUSING FOR NUNS WHO ARE MEMBERS OF A LOCAL CHURCH. TO ACCOMPLISH ITS PURPOSE,THE FOUNDATION HAS ACQUIRED AND MAINTAINS A HOUSE. THE NUNS LIVE IN THE HOUSE. THE MAJORITY OF THE FOUNDATION'S EXPENSES ARE INCURRED TO MAINTAIN THE HOUSE. THIS HOUSE WAS SOLD ON OCTOBER 11, 2022. ITS PURPOSE WAS TO HOUSE THE NUNS. PROCEEDS FROM THIS SALE ARE BEING DONATED TO NUMEROUS CHARITIES. According to available records, Altman Family Foundation Inc. has made 19 grants totaling $263K, with a median grant of $10K. Annual giving has grown from $97K in 2022 to $165K in 2023. Individual grants have ranged from $5K to $60K, with an average award of $14K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Virginia, New Jersey, Florida, which account for 63% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION WAS FORMED EXCLUSIVELY TO ENGAGE IN SUCH CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES AS SHALL BE IN THE FURTHERANCE OF THE PUBLIC WELFARE AND SHALL TEND TO PROMOTE THE WELL- BEING OF MANKIND. THE FOUNDATION ALSO PROVIDES HOUSING FOR NUNS WHO ARE MEMBERS OF A LOCAL CHURCH. TO ACCOMPLISH ITS PURPOSE,THE FOUNDATION HAS ACQUIRED AND MAINTAINS A HOUSE. THE NUNS LIVE IN THE HOUSE. THE MAJORITY OF THE FOUNDATION'S EXPENSES ARE INCURRED TO MAINTAIN THE HOUSE.
Expenses: $10K
THE FOUNDATION WAS FORMED EXCLUSIVELY TO ENGAGE IN SUCH CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES AS SHALL BE IN THE FURTHERANCE OF THE PUBLIC WELFARE AND SHALL TEND TO PROMOTE THE WELL- BEING OF MANKIND. THE FOUNDATION ALSO PROVIDES HOUSING FOR NUNS WHO ARE MEMBERS OF A LOCAL CHURCH. TO ACCOMPLISH ITS PURPOSE,THE FOUNDATION HAS ACQUIRED AND MAINTAINS A HOUSE. THE NUNS LIVE IN THE HOUSE. THE MAJORITY OF THE FOUNDATION'S EXPENSES ARE INCURRED TO MAINTAIN THE HOUSE. THIS HOUSE WAS SOLD ON OCTOBER 11, 2022. ITS PURPOSE WAS TO HOUSE THE NUNS. PROCEEDS FROM THIS SALE ARE BEING DONATED TO NUMEROUS CHARITIES. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in VA, NJ, FL.
Altman Family Foundation Inc. has distributed a total of $263K across 19 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $5K to $60K.
Altman Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Altman Family Foundation Inc. is headquartered in HACKENSACK, NJ. While based in NJ, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Altman | DIRECTOR | $0 | $0 | $0 |
| Pamela Sporing | DIRECTOR | $0 | $0 | $0 |
Total Giving
$168K
Total Assets
$396K
Fair Market Value
$431K
Net Worth
$396K
Grants Paid
$165K
Contributions
$0
Net Investment Income
$18K
Distribution Amount
$34K
Total: $203K
Total Grants
19
Total Giving
$263K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
17
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Other CharitiesGENERAL PURPOSE | Various, VA | $40K | 2023 |
| The Wild Animal SanctuaryGENERAL PURPOSE | Keenesburg, CO | $25K | 2023 |
| Tunnel To TowersGENERAL PURPOSE | Staten Island, NY | $20K | 2023 |
| Brookwood CommunityGENERAL PURPOSE | Brookshire, TX | $15K | 2023 |
| Mercy ChefsGENERAL PURPOSE | Portsmouth, VA | $10K | 2023 |
OKLAHOMA CITY, OK
WILMETTE, IL
RLLNG HLS EST, CA
FALLS CHURCH, VA
| Boca Helping HandsGENERAL PURPOSE |
| Boca Raton, FL |
| $10K |
| 2023 |
| The Wick TheaterGENERAL PURPOSE | Boca Raton, FL | $10K | 2023 |
| The Kurt Vonnegut FoundationGENERAL PURPOSE | Indianapolis, IN | $10K | 2023 |
| Folds Of Honor FoundationGENERAL PURPOSE | Owasso, OK | $5K | 2023 |
| Fau FoundationGENERAL PURPOSE | Boca Raton, FL | $5K | 2023 |
| Turning Point FoundationGENERAL PURPOSE | Irvington, NJ | $5K | 2023 |
| Young America'S FoundationGENERAL PURPOSE | Reston, VA | $5K | 2023 |
| Hillsdale CollegeGENERAL PURPOSE | Hillsdale, MI | $5K | 2023 |
| St Catherine Of Siena Convent And HHEALTH CENTER UPGRADE | Caldwell, NJ | $60K | 2022 |
| Cape Christian FellowshipHURRICANE RELIEF | Cape Coral, FL | $5K | 2022 |
| Food For The PoorGENERAL | Coconut Creek, FL | $5K | 2022 |
| Samaritans PurseUKRANIAN RELIEF | Boone, NC | $5K | 2022 |
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