Albert E and Birdie W Einstein Fund

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.

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

37

+19.4% YoY

Avg Grant Size

$15K

-15.8% YoY

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

3states

Cities

ArcadiaBoca RatonBoynton BeachBoyton BeachCasselberryClermontCoconut CreekCoral SpringsDavieDeerfield BeachDelray BeachEustisFort LauderdaleFt LauderdaleGainesvilleGreenacresHollywoodIndialanticJuno BeachJupiter

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
$0$270K$541K$811K$1M20202021202220232024
Metric202420232022
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

$0$141K$281K$422K$563K33 grants202043 grants202143 grants202231 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF FLORIDA$100KJEWISH FEDERATION OF BRO…$75KPALM BEACH ATLANTIC UNIV…$50KJUPITER MEDICAL CENTER$50KFLORIDA INSTITUTE OF TEC…$41KTHE CHILDREN'S PLACE AT …$20KFEED THE HUNGRY PANTRY O…$15KFINDING US INC$15KHABILITATION CENTER FOR …$10KJEWISH EDUCATIONAL LOAN …$10K

Grant Size Distribution

187 grants across all recorded years

171<$50K13$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Albert E and Birdie W Einstein Fund

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

DEBRA J MALONEPRESIDENT$48KJ MICHAEL SMITHSECRETARY / TREASURER$24K

From 2024 filing

NameTitleHoursCompensation
MICHAEL S LEEVICE PRESIDENT16
J MICHAEL SMITHSECRETARY / TREASURER16$24,167
DEBRA J MALONEPRESIDENT16$48,083

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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