Aldrich Foundation

SHORT HILLS, NJ EIN: 87-3136736

Aldrich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $25.9M in total assets. In 2024, it awarded 15 grants totaling $4.7M. Net investment income was $951K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.9M

-8.6% YoY

Annual Giving

$4.7M

+366.1% YoY

Grant Count

15

+36.4% YoY

Avg Grant Size

$313K

+241.8% YoY

Under IRS private-foundation payout rules, Aldrich Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

About Aldrich Foundation

Based on IRS filings

Aldrich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $25.9M in total assets. In 2024, it awarded 15 grants totaling $4.7M. Net investment income was $951K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AstonBoydsBrooklynCharlestonColumbia FallsEgg Hbr TwpFolly BeachIsle Of PalmsLyndellMattapoisettMelbourneMyrtle BeachPhiladelphiaPlymouth MeetingRye BrookStaten IslandSwarthmore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$17M$25M$33M2021202220232024
Metric202420232022
Total Assets$25,872,068$28,301,870$27,074,475
Revenue$1,044,368$867,924$186,599
Expenses$4,963,084$1,432,692$2,509,860
Qualifying Distributions$4,859,859$1,321,431$2,481,421
Net Investment Income$951,143$771,810$267,864
Distributable Amount$1,400,643$1,329,917$1,360,848

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M2 grants20215 grants202211 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LIGUORI ACADEMY$3.6MCHILDREN'S HOSPITAL OF P…$510KTHOMAS JEFFERSON UNIVERS…$320KMEDICAL UNIVERSITY OF SO…$100KFRIENDS OF FIREFIGHTERS$50KLIGUORI ACADEMY$18KALL HANDS AND HEARTS$15KWARRIOR SURF FOUNDATION$15KWREATHS ACROSS AMERICA$14KJOINT TASK FORCE K9S$10K

Grant Size Distribution

33 grants across all recorded years

22<$50K2$50–100K1$100–250K3$250–500K2$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Liguori Academy ($3,625,000), Children's Hospital of Philadelphia ($510,000), Thomas Jefferson University Tju ($320,003).

RecipientPurposeAmount
ALL HANDS AND HEARTS MATTAPOISETT, MADISASTERS AND EMERGENCY MANAGEMENT$15,000
CHILDREN'S HOSPITAL OF PHILADELPHIA PHILADELPHIA, PACAR-T RESEARCH$510,000
CURE4CAM LYNDELL, PACHILDHOOD CANCER RESEARCH - COMMUNITY AWARENESS$9,000
FOR PETE'S SAKE CANCER RESPITE PLYMOUTH MEETING, PAPROVIDE RESPITE SERVICES TO CANCER PATIENTS AND THEIR FAMILIES$7,500
FRIENDS OF FIREFIGHTERS BROOKLYN, NYMENTAL HEALTH COUNSELING AND WELLNESS SERVICES FOR ACTIVE AND RETIRED FDNY FIREFIGHTERS AND THEIR FAMILIES$50,000
HOPE FOR HALLIE SWARTHMORE, PAADOLESCENTS YOUNG ADULT$1,500
IOP FLAGS FOR HEROES ISLE OF PALMS, SCSUPPORT CHARLESTON COUNTY VETERANS ORGANIZATIONS$400
JOINT TASK FORCE K9S MYRTLE BEACH, SCACTIVE DUTY, VETERAN AND LAW ENFORCEMENT SUICIDE PREVENTION$10,000
LEUKEMIA & LYMPHOMA SOCIETY RYE BROOK, NYPEOPLE WITH DISEASES AND ILLNESSES$3,000
LIGUORI ACADEMY PHILADELPHIA, PABUILDINGS PURCHASE$3,625,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CAROLINE BLAKEPRESIDENT$81K

From 2024 filing

NameTitleHoursCompensation
WILLIAM A GREENE IIIBOARD CHAIR, SECRETARY AND TREASURER0.5
CHRISTINE O GREENEBOARD MEMBER0.5
CAROLINE BLAKEPRESIDENT40$81,286

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Aldrich Foundation?

Aldrich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHORT HILLS, NJ. It holds $25.9M in total assets as of 2024.

How large is Aldrich Foundation?

As of 2024, Aldrich Foundation holds $25.9M in total assets with $1.0M in annual revenue. It awarded 15 grants totaling $4.7M in 2024.

Where does Aldrich Foundation operate?

Aldrich Foundation has awarded grants in Florida, Massachusetts, Maryland, Maine, New Jersey, New York, Pennsylvania, South Carolina.

What size grants does Aldrich Foundation award?

In 2024, Aldrich Foundation awarded 15 grants totaling $4.7M — an average of about $313K per grant, based on its IRS Form 990 filings.

How much is Aldrich Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aldrich Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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