Albert Family Foundation Inc

Foundation · Grantmaker 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.

Key facts about Albert Family Foundation Inc

EIN: 81-1567221
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $21,950
Grants made (2024): 7
Average grant: $3,136
Median grant: $3,000
Total assets: $12,462
Primary geography: Florida (79% of itemized 2024 grant dollars)

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

Who Albert Family Foundation Inc funds

By grant dollars, the top recipient states for Albert Family Foundation Inc's 7 itemized 2024 grants were Florida (79%) and North Carolina (16%). The most frequent recipient cities were Saint Petersburg, FL (4 grants). 100% of grants with a stated purpose were for general or operating support.

How Albert Family Foundation Inc gives

In 2024 it paid out 684% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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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 $17K (79%)

North Carolina $4K (16%)

New Hampshire $1K (5%)

Share of all 7 itemized 2024 grant dollars.

States

California Florida North Carolina New Hampshire

Cities

Saint PetersburgDavidsonHanoverBerkeleyRuskinSeminole

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

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2023–2024

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 recipients include Cathederal Church ($10,000), Davidson College ($3,500), Florida Resucrrection House ($3,150).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS 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.