Aldrich Foundation logo

Aldrich Foundation

Private foundation · Grantmaker Short Hills, NJ EIN: 87-3136736 Website

Aldrich Foundation is a private foundation based in Short Hills, New Jersey. Founded in 2021 by William and Christine Greene, it makes grants in areas including medical advancement, veteran initiatives, and educational equity.

Aldrich Foundation at a glance

In short: Aldrich Foundation gave $1.0M across 19 grants in 2025 (avg $54K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$1,019,356
-78.3% vs 2024
Grants made (2025)
19
+26.7% vs 2024
Average grant
$53,650
-82.9% vs 2024
Median grant
$10,000
Total assets
$28,057,854
+8.4% vs 2024
Primary geography
Pennsylvania (91% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Aldrich Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 1200 Morris Turnpike 3005, Short Hills, NJ 07078
Phone: (201) 874-1257
Website: https://aldrichfoundation.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Aldrich Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Children's Hospital of Philadelphia: $500KChildren's Hospital ofPhiladelphia$500KThomas Jefferson University TJU: $320KThomas Jefferson UniversityTJU$320KUniversity of Pittsburgh: $50KUniversity of Pittsburgh$50KFriends of Firefighters: $25KFriends of Firefighters$25KWreaths Across America: $17KWreaths Across America$17KDean Randazzo Cancer Foundation: $15KDean Randazzo CancerFoundation$15KUnite for Her: $15KUnite for Her$15KLiguori Academy: $13KLiguori Academy$13KAlex's Lemonade Stand Foundation: $10KAlex's Lemonade StandFoundation$10KFor Pete's Sake Cancer Respite: $10KFor Pete's Sake Cancer Respite$10K

The largest 2025 recipient was Children's Hospital of Philadelphia ($500K). Together the top 10 received $975K.

Grant Size Distribution

52 grants across all recorded years

38<$50K3$50–100K1$100–250K4$250–500K3$500K–1M3$1–5M$5M+

The most common grant size was under $50K: 38 grants of 52 (73%).

Geographic Focus

Where this funder awards grants

In filing year 2025, 91% of grant dollars went to recipients in Pennsylvania, 3% to New York, 2% each to New Jersey and Maine, and 1% to Maryland.

Grant Distribution by State

10states

Share of 2025 grant dollars across all 19 itemized grants.

Cities

PhiladelphiaColumbia FallsBrooklynLyndellPlymouth MeetingBoydsIsle of PalmsMattapoisettStaten IslandSwarthmoreAstonCharlestonCovinaEgg HBR TWPFolly BeachKinnLoxahatcheeMalvernMelbourneMyrtle Beach

How Aldrich Foundation gives

  • 42% of 2025 grantees were also funded in 2024. Method
  • Giving fell 55% from 2022 to 2025. Method
  • In 2025 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M2 grants2021 5 grants2022 11 grants2023 15 grants2024 19 grants2025

From 2021 to 2025, annual grant giving ranged from $45K (2021) to $4.7M (2024). In 2025 it made 19 grants totaling $1.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Children's Hospital of Philadelphia Philadelphia, PACar-T Research$500,000
Thomas Jefferson University TJU Philadelphia, PAALS Research$320,000
University of Pittsburgh Pittsburgh, PASupport pitt student athletes and hail to heroes football celebration$50,000
Friends of Firefighters Brooklyn, NYMental health counseling and wellness services for active and retired fdny firefighters and their families$25,000
Wreaths Across America Columbia Falls, MERemember and honor us veterans and teach next generation the value of freedom$17,000
Dean Randazzo Cancer Foundation Somers Point, NJPromote Cancer Awareness and Provide Financial Support$15,000
Unite for Her Malvern, PABreast Cancer and Ovarian Cancer Support$15,000
Liguori Academy Philadelphia, PASupport School Choice$12,500
Alex's Lemonade Stand Foundation Wynnewood, PAPediatric Cancer Research$10,000
For Pete's Sake Cancer Respite Plymouth Meeting, PAProvide respite services to cancer patients and their families$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$28,057,854$765,867$1,116,293$1,019,35619$1,085,758$744,332$1,298,562
2024$25,872,068$1,044,368$4,963,084$4,697,50315$4,859,859$951,143$1,400,643
2023$28,301,870$867,924$1,432,692$1,007,89911$1,321,431$771,810$1,329,917
2022$27,074,475$186,599$2,509,860$2,260,2755$2,481,421$267,864$1,360,848
2021$29,955,647$30,000,147$44,500$44,5002$44,500$147$57,389

Under IRS private-foundation payout rules, Aldrich Foundation reported a distributable amount of $1.3M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation says it is committed to improving lives through philanthropic giving. Its stated priorities include medical research and initiatives for veterans and first responders; its website also identifies educational equity as a driver of its grantmaking.

Grantees’ stated missions illustrate the range of organizations it has supported. Friends of Firefighters describes its work as providing confidential counseling, wellness services, and other assistance to active and retired FDNY firefighters and their families. Wreaths Across America says its mission is to remember the fallen, honor those who serve, and teach children the value of freedom. Unite for HER says it enriches the health and well-being of people diagnosed with breast and ovarian cancers by funding and delivering integrative therapies. Alex’s Lemonade Stand Foundation describes its work as funding childhood cancer research, raising awareness, supporting families, and helping to cure childhood cancer. Warrior Canine Connection says it supports recovering combat veterans and their families through service-dog training and placement.

Grantmaking

In filing year 2025, Aldrich Foundation reported 19 grants totaling $1,019,356. Grant amounts ranged from $2,095 to $500,000, with a median grant of $10,000.

The largest grants included $500,000 to Children’s Hospital of Philadelphia for CAR-T research and $320,000 to Thomas Jefferson University for ALS research. Other grants included $50,000 to the University of Pittsburgh to support student athletes and a football celebration; $25,000 to Friends of Firefighters for mental health counseling and wellness services; $17,000 to Wreaths Across America; and $15,000 each to Dean Randazzo Cancer Foundation and Unite for HER. The foundation also gave $12,500 to Liguori Academy to support school choice and $10,000 each to Alex’s Lemonade Stand Foundation, For Pete’s Sake Cancer Respite, and Warrior Canine Connection.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists William A. Greene III as board chair, secretary, and treasurer; Christine O. Greene as a board member; and Caroline Blake as president.

Aldrich Foundation is led by Caroline Blake, President since 2023 (on filings since 2022); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Caroline Blake

    President

    Executive Director → President, 2023

    On filings since 2022

    15 hrs/week

    $123K (2022) → $0 (2025)

  • William A. Greene III

    Board Chair, Secretary & Treasurer

    Director & President → President, 2022

    President → Board Chair, Secretary & Treasurer, 2023

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Christine O. Greene

    Board Member

    Secretary, Treasurer & Director → Secretary & Treasurer, 2022

    Secretary & Treasurer → Board Member, 2023

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Caroline Blake — President: $81KCaroline BlakePresident$81K

The highest reported compensation on the 2024 filing was $81K, to Caroline Blake (President).

Frequently asked questions about Aldrich Foundation

How much does Aldrich Foundation give each year?

Aldrich Foundation gave $1.0M across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.7M across 15 grants.

What is Aldrich Foundation's typical grant size?

Aldrich Foundation's median grant in 2025 was $10,000, and its average grant was $53,650, across 19 grants on its 2025 IRS Form 990-PF.

Where does Aldrich Foundation give grants?

Aldrich Foundation gives mostly in Pennsylvania: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Philadelphia, PA (4 grants).

Does Aldrich Foundation give general operating support?

Not in 2025: none of the 19 grants with a stated purpose on Aldrich Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Aldrich Foundation's largest grantees?

Aldrich Foundation's largest 2025 grantees include Children's Hospital of Philadelphia ($500,000), Thomas Jefferson University TJU ($320,000) and University of Pittsburgh ($50,000), according to its 2025 IRS Form 990-PF. Together they received 85% of its itemized 2025 grant dollars.

How large is Aldrich Foundation?

Aldrich Foundation reported $28.1M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Aldrich Foundation fund?

The foundation says it is committed to improving lives through philanthropic giving. Its stated priorities include medical research and initiatives for veterans and first responders; its website also identifies educational equity as a driver of its grantmaking. See mission & focus areas ↑

How do I apply for a grant from Aldrich Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Aldrich Foundation's EIN?

Aldrich Foundation's EIN (Employer Identification Number) is 87-3136736. IRS Form 990 filing data is available on this page for 2021–2025.

Does Aldrich Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 4, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 19, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 3, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 18, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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Cite this profile

Grantable. (2026). Aldrich Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/aldrich-foundation-morg_af235db7c44d4cefb084f9c4b53abe0e

BibTeX
@misc{grantable_873136736_2026,
  author       = {{Grantable}},
  title        = {{Aldrich Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/aldrich-foundation-morg_af235db7c44d4cefb084f9c4b53abe0e},
  note         = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Aldrich Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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