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Also known as: FOUNDATION
Robert & Lynda Altman Family Foundation is a private trust based in BALTIMORE, MD. The foundation received its IRS ruling in 2023. The principal officer is % Marianne Schmitt Hellauer. It holds total assets of $227.8M. Annual income is reported at $28.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Robert & Lynda Altman Family Foundation has made 11 grants totaling $19.5M, with a median grant of $1.3M. Annual giving has decreased from $13.6M in 2022 to $5.9M in 2023. Individual grants have ranged from $50K to $4.3M, with an average award of $1.8M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Arizona and District of Columbia and California. Contributions to this foundation are tax-deductible.
Robert & Lynda Altman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in AZ, DC, CA.
Robert & Lynda Altman Family Foundation has distributed a total of $19.5M across 11 grants. The median grant size is $1.3M, with an average of $1.8M. Individual grants have ranged from $50K to $4.3M.
Robert & Lynda Altman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Robert & Lynda Altman Family Foundation is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marianne Schmitt Hellauer | DISINTERESTED TRUSTEE | $0 | $0 | $0 |
| Lynda Carter Altman | TRUSTEE | $0 | $0 | $0 |
| Jessica Altman | TRUSTEE | $0 | $0 | $0 |
| James Altman | TRUSTEE | $0 | $0 | $0 |
| John Emerson | DISINTERESTED TRUSTEE | $0 | $0 | $0 |
Total Giving
$7.7M
Total Assets
$215.9M
Fair Market Value
$248M
Net Worth
$215.9M
Grants Paid
$5.9M
Contributions
$0
Net Investment Income
$4.5M
Distribution Amount
$4.6M
Total: $117.3M
Total Grants
11
Total Giving
$19.5M
Average Grant
$1.8M
Median Grant
$1.3M
Unique Recipients
3
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Translational Genomics Research Institute FoundationESTABLISHMENT OF THE ROBERT & LYNDA CARTER ALTMAN FAMILY RESEARCH FUND WITH TGEN AND ITS AFFILIATE, CITY OF HOPE, TO FACILITATE RESEARCH EFFORTS IN TWO COMPLEMENTARY AREAS SPECIFICALLY DESIGNED FOR RAPID IMPROVEMENT OF PATIENT OUTCOMES WHO SUFFER FROM MPN/SAML. ONE RESEARCH PROJECT, THE THERAPEUTIC RESEARCH PROJECT, TO BE CONDUCTED BY THE CITY OF HOPE WILL COMPREHENSIVELY TEST AND SCALE UP THE MANUFACTURE OF THE DRUG DENOMINATED AS MIR-142. THIS "MIMETIC" DRUG SIMULATES (REPLACES) THE ACTION OF | Phoenix, AZ | $3M | 2023 |
| Smithsonian InstitutionGENERAL PURPOSE | Washington, DC | $200K | 2023 |
| Matthew Silverman Memorial FoundationGENERAL PURPOSE | Beverly Hills, CA | $50K | 2023 |
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