Alice and George Family Foundation

NEW YORK, NY EIN: 81-4258711

Alice and George Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $519K in total assets. In 2025, it awarded 4 grants totaling $14K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$519K

-9.5% YoY

Annual Giving

$14K

Grant Count

4

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Alice and George Family Foundation reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.

About Alice and George Family Foundation

Based on IRS filings

Alice and George Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $519K in total assets. In 2025, it awarded 4 grants totaling $14K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AtlantaBrooklynGreencastleHagerstownLattingtownLocust ValleyNew YorkOyster BayStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$49K$73K$98K20212022202320242025
Metric202520242023
Total Assets$519,218$573,667$573,667
Revenue$88,976
Expenses$13,779$50,393
Qualifying Distributions$13,779$40,226
Net Investment Income$84,415
Distributable Amount$25,911$3,595$27,907

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K8 grants202112 grants202211 grants20230 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

RESTORE NYC$8KAMERICAN CANCER SOCIETY$3KARMENIAN GENERAL BENEVOL…$3KFRIENDS OF RAYNHAM HALL …$670

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Restore Nyc ($7,500), American Cancer Society ($3,109), Armenian General Benevolent ($2,500).

RecipientPurposeAmount
AMERICAN CANCER SOCIETY HAGERSTOWN, MDGENERAL CONTRIBUTION$3,109
ARMENIAN GENERAL BENEVOLENT NEW YORK, NYGENERAL CONTRIBUTION$2,500
FRIENDS OF RAYNHAM HALL MUSEUM OYSTER BAY, NYGENERAL CONTRIBUTION$670
RESTORE NYC NEW YORK, NYGENERAL CONTRIBUTION$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ERIN NALBANDIANPRESIDENT1
HAROUT NALBANDIANVICE PRESIDENT1
HOVICK NALBANDIANTREASURER1
MARY NALBANDIANSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Alice and George Family Foundation?

Alice and George Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $519K in total assets as of 2025.

How large is Alice and George Family Foundation?

As of 2025, Alice and George Family Foundation holds $519K in total assets. It awarded 4 grants totaling $14K in 2025.

Where does Alice and George Family Foundation operate?

Alice and George Family Foundation has awarded grants in Georgia, Indiana, Maryland, New York.

What size grants does Alice and George Family Foundation award?

In 2025, Alice and George Family Foundation awarded 4 grants totaling $14K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Alice and George Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Alice and George Family Foundation reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alice and George Family Foundation's EIN?

Alice and George Family Foundation's EIN (Employer Identification Number) is 81-4258711. IRS Form 990 filing data is available on this page for 2021–2025.

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

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