Alderman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALISBURY, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33K in total assets. In 2024, it awarded 5 grants totaling $650. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33K
-3.9% YoY
Annual Giving
$650
Grant Count
5
Avg Grant Size
$130
Under IRS private-foundation payout rules, Alderman Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Alderman Family Foundation
Based on IRS filings
Alderman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALISBURY, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33K in total assets. In 2024, it awarded 5 grants totaling $650. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,942 | $34,265 | $34,788 |
| Revenue | $2,592 | $1,040 | $1,381 |
| Expenses | $3,915 | $1,563 | $670 |
| Qualifying Distributions | $650 | — | — |
| Net Investment Income | $2,592 | $1,418 | $1,381 |
| Distributable Amount | $2,233 | $2,075 | $1,669 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Music Mountain ($400), Connecticut Public Broadcasting ($100), Berkshire Taconic Foundation ($100).
| Recipient | Purpose | Amount |
|---|---|---|
| MUSIC MOUNTAIN LAKEVILLE, CT | UNRESTRICTED CONTRIBUTION | $400 |
| THE CHORE SERVICE SALISBURY, CT | UNRESTRICTED CONTRIBUTION | $25 |
| CONNECTICUT PUBLIC BROADCASTING HARTFORD, CT | UNRESTRICTED CONTRIBUTION | $100 |
| BERKSHIRE TACONIC FOUNDATION SHEFFIELD, MA | UNRESTRICTED CONTRIBUTION | $100 |
| SWASA CHALLENGE SOUTH WINDSOR, CT | UNRESTRICTED CONTRIBUTION | $25 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL H ALDERMAN MD | DIRECTOR/PRESIDENT | — | — |
| BETSY F ALDERMAN | DIRECTOR/TREASURER | — | — |
| PETER B ALDERMAN | DIRECTOR/VICE PRESIDENT | — | — |
| JOHN F ALDERMAN | DIRECTOR/VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alderman Family Foundation?
Alderman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALISBURY, CT. It holds $33K in total assets as of 2024.
How large is Alderman Family Foundation?
As of 2024, Alderman Family Foundation holds $33K in total assets with $3K in annual revenue. It awarded 5 grants totaling $650 in 2024.
Where does Alderman Family Foundation operate?
Alderman Family Foundation has awarded grants in Connecticut, Massachusetts, New York, Virginia.
What size grants does Alderman Family Foundation award?
In 2024, Alderman Family Foundation awarded 5 grants totaling $650 — an average of about $130 per grant, based on its IRS Form 990 filings.
How much is Alderman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alderman Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alderman Family Foundation's EIN?
Alderman Family Foundation's EIN (Employer Identification Number) is 26-1613008. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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