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State University Of New York Downstate Medical Center Trust Alu is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1964. The principal officer is Bank Of New York. It holds total assets of $2.7M. Annual income is reported at $381K. Total assets have decreased from $3.6M in 2011 to $2.8M in 2023. The foundation is governed by 1 officer or trustee. 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 2021 to 2024. According to available records, State University Of New York Downstate Medical Center Trust Alu has made 4 grants totaling $976K, with a median grant of $251K. Annual giving has grown from $220K in 2021 to $509K in 2023. Individual grants have ranged from $220K to $255K, with an average award of $244K. Grant recipients are concentrated in New York. 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.
State University Of New York Downstate Medical Center Trust Alu primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
State University Of New York Downstate Medical Center Trust Alu has distributed a total of $976K across 4 grants. The median grant size is $251K, with an average of $244K. Individual grants have ranged from $220K to $255K.
State University Of New York Downstate Medical Center Trust Alu typically selects its grantees rather than accepting unsolicited proposals.
State University Of New York Downstate Medical Center Trust Alu is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | TRUSTEE | $22K | $0 | $22K |
Total Giving
$249K
Total Assets
$2.8M
Fair Market Value
$5.3M
Net Worth
$2.8M
Grants Paid
$223K
Contributions
N/A
Net Investment Income
$231K
Distribution Amount
$243K
Total Grants
4
Total Giving
$976K
Average Grant
$244K
Median Grant
$251K
Unique Recipients
1
Most Common Grant
$255K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alumni Fund Of Alumni AssocGENERAL OPERATING | Brooklyn, NY | $255K | 2023 |