Alan J Schottenstein Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 10 grants totaling $98K. Net investment income was $77K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-1.4% YoY
Annual Giving
$98K
+882.0% YoY
Grant Count
10
+900.0% YoY
Avg Grant Size
$10K
-1.8% YoY
Under IRS private-foundation payout rules, Alan J Schottenstein Foundation reported a distributable amount of $136K for 2024 — the minimum it must pay out in qualifying distributions.
About Alan J Schottenstein Foundation
Based on IRS filings
Alan J Schottenstein Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 10 grants totaling $98K. Net investment income was $77K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $2,589,667 | $2,625,835 |
| Revenue | $86,134 | $2,654,723 |
| Expenses | $122,302 | $28,888 |
| Qualifying Distributions | $102,335 | $10,000 |
| Net Investment Income | $77,397 | $67,955 |
| Distributable Amount | $136,405 | $108,198 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Woodstock Area Council on Aging ($25,000), Wily Network ($25,000), Florida Studio Theatre ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FLORIDA STUDIO THEATRE SARASOTA, FL | GENERAL | $15,000 |
| RINGLING COLLEGE OF ART AND DESIGN SARASOTA, FL | GENERAL | $5,000 |
| FLORIDA WEST COAST SYMPHONY INC SARASOTA, FL | GENERAL | $10,000 |
| SENIOR FRIENDSHIP CENTERS INC SARASOTA, FL | GENERAL | $5,000 |
| ALL FAITH FOOD BANK INC SARASOTA, FL | GENERAL | $3,000 |
| WOODSTOCK AREA COUNCIL ON AGING WOODSTOCK, VT | GENERAL | $25,000 |
| CHILDREN FIRST INC SARASOTA, FL | GENERAL | $5,000 |
| WILY NETWORK NEWTON, MA | GENERAL | $25,000 |
| ONE CAN HELP INC NEWTON, MA | GENERAL | $3,000 |
| BETH ISRAEL LAHEY HEALTH INC CAMBRIDGE, MA | GENERAL | $2,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD W ANDERSON | DIRECTOR | 0.1 | — |
| LOIS E SCOTTENSTEIN | DIRECTOR | 1 | — |
| TAMARA SHEPARD | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alan J Schottenstein Foundation?
Alan J Schottenstein Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. It holds $2.6M in total assets as of 2024.
How large is Alan J Schottenstein Foundation?
As of 2024, Alan J Schottenstein Foundation holds $2.6M in total assets with $86K in annual revenue. It awarded 10 grants totaling $98K in 2024.
Where does Alan J Schottenstein Foundation operate?
Alan J Schottenstein Foundation has awarded grants in Florida, Massachusetts, Vermont.
What size grants does Alan J Schottenstein Foundation award?
In 2024, Alan J Schottenstein Foundation awarded 10 grants totaling $98K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Alan J Schottenstein Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alan J Schottenstein Foundation reported a distributable amount of $136K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alan J Schottenstein Foundation's EIN?
Alan J Schottenstein Foundation's EIN (Employer Identification Number) is 61-2055147. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Alan J Schottenstein Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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