Albert E and Birdie W Einstein Fund

Foundation · Grantmaker SATELLITE BEACH, FL EIN: 59-6127412

The Albert E. and Birdie W. Einstein Fund is a private foundation established in 1953 and based in Satellite Beach, Florida. Also known as the Einstein Foundation, it operates as a 501(c)(3) exempt private foundation dedicated to supporting charitable organizations and causes while ensuring responsible stewardship of its resources.

Key facts about Albert E and Birdie W Einstein Fund

EIN: 59-6127412
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $562,500
Grants made (2024): 37
Average grant: $15,203
Median grant: $7,500
Total assets: $9,406,544
Primary geography: Florida (96% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Albert E and Birdie W Einstein Fund funds

By grant dollars, the top recipient states for Albert E and Birdie W Einstein Fund's 37 itemized 2024 grants were Florida (96%). The most frequent recipient cities were West Palm Beach, FL (8 grants), Melbourne, FL (4 grants), Boca Raton, FL (4 grants) and Stuart, FL (2 grants). 86% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.4M

-1.6% YoY

Annual Giving

$563K

+0.5% YoY

Grant Count

+19.4% YoY

Avg Grant Size

$15K

-15.8% YoY

Under IRS private-foundation payout rules, Albert E and Birdie W Einstein Fund reported a distributable amount of $599K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: "To further the work of worthwhile organizations, and charitable causes and to wisely shepherd the resources bestowed to the fund through the generosity of the Fund's founders."

Primary Funding Areas:

Education
Children and youth
Jewish organizations
Services for people with disabilities
Social services
Arts and culture
Wildlife medical services
Tutoring programs
Training for visually impaired
Therapy for Alzheimer's patients
Support services for seniors and Holocaust survivors

Grantmaking

Grant Range

$15,000

Average Grant

$15,000

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Geographic Focus

Where this funder awards grants

Primary focus on nonprofit organizations in Broward and Palm Beach counties, Florida, with broader giving throughout Florida, Virginia, and Georgia.

Grant Distribution by State

Florida $543K (96%)

Georgia $10K (2%)

Virginia $10K (2%)

Share of all 37 itemized 2024 grant dollars.

States

Florida Georgia Virginia

Cities

West Palm BeachBoca RatonMelbourneDavieOrlandoHollywoodNew Port RicheyStuartBoynton BeachFort LauderdaleJuno BeachLake WorthLakelandRiviera BeachSandy SpringsVirginia BeachGainesvilleJupiterMiamiPompano Beach

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

Total assets: $9,406,544
Total revenues: $596,293
Total expenses: $749,263
Qualifying distributions: $561,479
Net investment income: $423,779

Multi-Year Comparison:

Metric	2024	2023	2022
Total Assets	$9,406,544	$9,559,514	$9,595,229
Revenue	$596,293	$659,643	$983,629
Expenses	$749,263	$695,358	$608,623
Qualifying Distributions	$561,479	$559,500	$465,111

Staffing: The foundation operates with zero employees; leadership positions are held by board members.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,406,544	$9,559,514	$9,595,229
Revenue	$596,293	$659,643	$983,629
Expenses	$749,263	$695,358	$608,623
Qualifying Distributions	$561,479	$559,500	$465,111
Net Investment Income	$423,779	$523,785	$840,117
Distributable Amount	$599,256	$552,038	$632,993

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

187 grants across all recorded years

Open Grants

1 open opportunity from Albert E and Birdie W Einstein Fund

Foundation

Albert E. & Birdie W. Einstein Fund Grant

ALBERT E AND BIRDIE W EINSTEIN FUND

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of Florida ($100,000), Jewish Federation of Broward County ($75,000), Palm Beach Atlantic University ($50,000).

Recipient	Purpose	Amount
UNIVERSITY OF FLORIDA GAINESVILLE, FL	GENERAL	$100,000
JEWISH FEDERATION OF BROWARD COUNTY DAVIE, FL	ASSIST SENIORS, YOUTH & FAMILIES	$75,000
PALM BEACH ATLANTIC UNIVERSITY WEST PALM BEACH, FL	TENNIS CHAMPIONSHIP COURT	$50,000
JUPITER MEDICAL CENTER JUPITER, FL	GENERAL	$50,000
FLORIDA INSTITUTE OF TECHNOLOGY MELBOURNE, FL	GENERAL	$41,000
THE CHILDREN'S PLACE AT HOME SAFE INC WEST PALM BEACH, FL	GENERAL	$20,000
FEED THE HUNGRY PANTRY OF PALM BEACH COUNTY INC WEST PALM BEACH, FL	FOOD ASSISTANCE PROGRAM	$15,000
FINDING US INC LAKELAND, FL	GENERAL	$15,000
HABILITATION CENTER FOR THE HANDICAPPED INC BOCA RATON, FL	GENERAL	$10,000
JEWISH EDUCATIONAL LOAN FUND SANDY SPRINGS, GA	GENERAL	$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

Debra J. Malone – President (16 hours/week, $48,000 compensation)
J. Michael Smith – Secretary/Treasurer (16 hours/week, $24,000 compensation)
Michael S. Lee – Vice President (16 hours/week, $0 compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL S LEE	VICE PRESIDENT	16	—
J MICHAEL SMITH	SECRETARY / TREASURER	16	$24,167
DEBRA J MALONE	PRESIDENT	16	$48,083

Frequently Asked Questions

What does Albert E and Birdie W Einstein Fund fund?

**Mission Statement:** "To further the work of worthwhile organizations, and charitable causes and to wisely shepherd the resources bestowed to the fund through the generosity of the Fund's founders." **Primary Funding Areas:** • Education • Children and youth • Jewish organizations • Services for people with disabilities • Social services • Arts and culture • Wildlife medical services • Tutoring programs • Training for visually impaired • Therapy for Alzheimer's patients • Support services for…

How do I apply for a grant from Albert E and Birdie W Einstein Fund?

**Grant Activity:** • Total annual giving: $555,500–$563,000 • Grant count: 37–39 grants annually • Average grant size: $15,000 • Median grant amount: $5,000 • Grant range: $1,500–$100,000 **Recent Grantees (2024):** • Jewish Federation of Broward County: $75,000 (Assist Seniors, Youth & Families) • Palm Beach Atlantic University: $50,000 (Tennis Championship Court) • Florida Institute of Technology: $41,000 (General support) **Eligibility Requirements:** • Applicants must hold 501(c)(3) design…

Where does Albert E and Birdie W Einstein Fund make grants?

Primary focus on nonprofit organizations in Broward and Palm Beach counties, Florida, with broader giving throughout Florida, Virginia, and Georgia.

What size grants does Albert E and Birdie W Einstein Fund award?

In 2024, Albert E and Birdie W Einstein Fund awarded 37 grants totaling $563K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Albert E and Birdie W Einstein Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert E and Birdie W Einstein Fund reported a distributable amount of $599K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Albert E and Birdie W Einstein Fund's EIN?

Albert E and Birdie W Einstein Fund's EIN (Employer Identification Number) is 59-6127412. IRS Form 990 filing data is available on this page for 2020–2024.