Albers-schonberg Foundation Inc
Albers-schonberg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 2 grants totaling $794K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-96.6% YoY
Annual Giving
$794K
Grant Count
2
Avg Grant Size
$397K
Under IRS private-foundation payout rules, Albers-schonberg Foundation Inc reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Albers-schonberg Foundation Inc
Based on IRS filings
Albers-schonberg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 2 grants totaling $794K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,011 | $293,622 | $260,399 |
| Revenue | $16,321 | $41,088 | $52,733 |
| Expenses | $802,463 | $7,535 | $159,657 |
| Qualifying Distributions | $793,715 | — | $150,000 |
| Net Investment Income | $7,882 | $33,762 | $43,799 |
| Distributable Amount | $34,579 | $29,251 | $33,575 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Conservation International Fdn ($396,880), Princeton Symphony Orchestra ($396,835).
| Recipient | Purpose | Amount |
|---|---|---|
| PRINCETON SYMPHONY ORCHESTRA PRINCETON, NJ | GENERAL | $396,835 |
| CONSERVATION INTERNATIONAL FDN BOSTON, MA | GENERAL | $396,880 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORG E ALBERS-SCHONBERG | TRUSTEE | 1 | — |
| RICHARD KOVATCH | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Albers-schonberg Foundation Inc?
Albers-schonberg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, NJ. It holds $10K in total assets as of 2024.
How large is Albers-schonberg Foundation Inc?
As of 2024, Albers-schonberg Foundation Inc holds $10K in total assets with $16K in annual revenue. It awarded 2 grants totaling $794K in 2024.
Where does Albers-schonberg Foundation Inc operate?
Albers-schonberg Foundation Inc has awarded grants in Massachusetts, New Jersey, New York.
What size grants does Albers-schonberg Foundation Inc award?
In 2024, Albers-schonberg Foundation Inc awarded 2 grants totaling $794K — an average of about $397K per grant, based on its IRS Form 990 filings.
How much is Albers-schonberg Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albers-schonberg Foundation Inc reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albers-schonberg Foundation Inc's EIN?
Albers-schonberg Foundation Inc's EIN (Employer Identification Number) is 26-1603215. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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