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Altschul Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1942. The principal officer is % Skadden Arps Llp. It holds total assets of $7.9M. Annual income is reported at $3.3M. Grants to various charitable organizations - see attached schedule. According to available records, Altschul Foundation has made 4 grants totaling $2M, with a median grant of $475K. Annual giving has grown from $625K in 2020 to $950K in 2022. Individual grants have ranged from $475K to $625K, with an average award of $513K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Grants to various charitable organizations - see attached schedule.
Expenses: $500K
Grants to various charitable organizations - see attached schedule. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Altschul Foundation has distributed a total of $2M across 4 grants. The median grant size is $475K, with an average of $513K. Individual grants have ranged from $475K to $625K.
Altschul Foundation typically selects its grantees rather than accepting unsolicited proposals.
Altschul Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Rothstein Schwimmer | President, Trustee | $0 | $0 | $0 |
| Kathleen Diamant | VP, Secretary, Trustee | $0 | $0 | $0 |
| Elizabeth Olofson | Trustee | $0 | $0 | $0 |
Total Giving
$657K
Total Assets
$7.8M
Fair Market Value
$12.9M
Net Worth
$7.8M
Grants Paid
$500K
Contributions
$0
Net Investment Income
$800K
Distribution Amount
$620K
Total: $7.5M
Total Grants
4
Total Giving
$2M
Average Grant
$513K
Median Grant
$475K
Unique Recipients
1
Most Common Grant
$475K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SeeGeneral charitable,benevolent, scientific& educational purposes | Schedule, NY | $475K | 2022 |
BROOKFIELD, WI
SPIRIT LAKE, IA
TULSA, OK
CHICAGO, IL
DOWNEY, CA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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