Albert E and Birdie W Einstein Fund
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
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.
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
Cities
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.
| 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
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Florida ($100,000), Jewish Federation of Broward County ($75,000), Palm Beach Atlantic University ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BREVARD ZOO MELBOURNE, FL | GENERAL | $5,000 |
| CLINICS CAN HELP WEST PALM BEACH, FL | GENERAL | $5,000 |
| COMMUNITY OF HOPE LOXAHATCHEE, FL | GENERAL | $9,000 |
| FEED THE HUNGRY PANTRY OF PALM BEACH COUNTY INC WEST PALM BEACH, FL | FOOD ASSISTANCE PROGRAM | $15,000 |
| FLORIDA INSTITUTE OF TECHNOLOGY MELBOURNE, FL | GENERAL | $41,000 |
| FLORIDA WILDLIFE HOSPITAL PALM SHORES, FL | GENERAL | $5,000 |
| GRANDMA'S PLACE ROYAL PALM BEACH, FL | GENERAL | $5,000 |
| HABILITATION CENTER FOR THE HANDICAPPED INC BOCA RATON, FL | GENERAL | $10,000 |
| HOSPICE FOUNDATION OF MARTIN & ST LUCIE INC STUART, FL | GENERAL | $5,000 |
| JBI INTERNATIONAL NEW PORT RICHEY, FL | FL PROGRAM ASSISTANCE | $5,000 |
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.
Explore Open Grants
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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