Almar Foundation
Almar Foundation is a private foundation, based in Washington Township, NJ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $2.5M. Net investment income was $2.2M.
Almar Foundation at a glance
In short: Almar Foundation gave $2.5M across 2 grants in 2024 (avg $1.2M), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,498,869
- +1899.1% vs 2023
- Grants made (2024)
- 2
- -71.4% vs 2023
- Average grant
- $1,249,435
- +6896.8% vs 2023
- Median grant
- $1,249,435
- Primary geography
- New Jersey (86% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Almar Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Jewish Home Foundation of North Jersey ($2.1M). Together the top 2 received $2.5M.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 16 grants of 22 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Almar Foundation gives
- Giving grew 2338% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $50K (2022) to $2.5M (2024). In 2024 it made 2 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Home Foundation of North Jersey Rockleigh, NJ | General Support | $2,150,000 |
| Planned Parenthood Federation of America Inc New York, NY | General Support | $348,869 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $379,277 | $2,500,624 | $2,498,869 | 2 | $2,498,924 | $2,217,573 | $65,704 |
| 2023 | $2,121,347 | $69,834 | $132,641 | $125,000 | 7 | $130,500 | $63,479 | $98,291 |
| 2022 | $2,184,154 | $62,734 | $53,349 | $50,000 | 1 | $51,265 | $58,939 | $113,293 |
| 2021 | $2,175,624 | $50,326 | $110,874 | $102,500 | 6 | — | $150,658 | $94,661 |
| 2020 | $2,235,378 | $14,287 | $131,181 | $122,000 | 6 | — | $123,525 | $98,402 |
Under IRS private-foundation payout rules, Almar Foundation reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Almar Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marion Hess
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Robert Hess
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Almar Foundation
How much does Almar Foundation give each year?
Almar Foundation gave $2.5M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $125K across 7 grants.
Where does Almar Foundation operate?
Almar Foundation has awarded grants in District of Columbia, Massachusetts, New Jersey, New York, Virginia.
How much is Almar Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Almar Foundation reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Almar Foundation's EIN?
Almar Foundation's EIN (Employer Identification Number) is 22-3747518. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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