Albert Family Foundation Inc

SAINT PETERSBURG, FL EIN: 81-1567221

Albert Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT PETERSBURG, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $12K in total assets. In 2024, it awarded 7 grants totaling $22K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12K

-46.8% YoY

Annual Giving

$22K

-49.8% YoY

Grant Count

+16.7% YoY

Avg Grant Size

$3K

-56.9% YoY

Under IRS private-foundation payout rules, Albert Family Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Albert Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $55K (84%)

North Carolina $7K (11%)

New Hampshire $2K (3%)

California $1K (2%)

States

California Florida North Carolina New Hampshire

Cities

BerkeleyDavidsonHanoverRuskinSaint PetersburgSeminole

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$12,462	$23,414
Revenue	$11,515	$2,866
Expenses	$22,467	$44,728
Qualifying Distributions	$21,950	$43,700
Net Investment Income	$10,998	$1,838
Distributable Amount	$3,210	$4,608

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cathederal Church ($10,000), Davidson College ($3,500), Florida Resucrrection House ($3,150).

Recipient	Purpose	Amount
Florida Resucrrection House Saint Petersburg, FL	General	$3,150
Tuck School of Business Hanover, NH	General	$1,000
Cathederal Church Saint Petersburg, FL	General	$10,000
Davidson College Davidson, NC	General	$3,500
Academy Prep Center for Education Saint Petersburg, FL	General	$300
My Warriors Place Ruskin, FL	General	$3,000
LCC Day School Saint Petersburg, FL	General	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANTHONY ALBERT	DIRECTOR	—	—
Michael Albert	Director	—	—
Sarah Albert	Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Albert Family Foundation Inc?

Albert Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT PETERSBURG, FL. It holds $12K in total assets as of 2024.

How large is Albert Family Foundation Inc?

As of 2024, Albert Family Foundation Inc holds $12K in total assets with $12K in annual revenue. It awarded 7 grants totaling $22K in 2024.

Where does Albert Family Foundation Inc operate?

Albert Family Foundation Inc has awarded grants in California, Florida, North Carolina, New Hampshire.

What size grants does Albert Family Foundation Inc award?

In 2024, Albert Family Foundation Inc awarded 7 grants totaling $22K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Albert Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert Family Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.