Almar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$2.5M
+1899.1% YoY
Grant Count
2
-71.4% YoY
Avg Grant Size
$1.2M
+6896.8% YoY
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.
About Almar Foundation
Based on IRS filings
Almar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | — | $2,121,347 | $2,184,154 |
| Revenue | $379,277 | $69,834 | $62,734 |
| Expenses | $2,500,624 | $132,641 | $53,349 |
| Qualifying Distributions | $2,498,924 | $130,500 | $51,265 |
| Net Investment Income | $2,217,573 | $63,479 | $58,939 |
| Distributable Amount | $65,704 | $98,291 | $113,293 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Home Foundation of North Jersey ($2,150,000), Planned Parenthood Federation of America Inc ($348,869).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARION HESS | TRUSTEE | 0.25 | — |
| ROBERT HESS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Almar Foundation?
Almar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WASHINGTON TOWNSHIP, NJ. It holds — in total assets as of 2024.
Where does Almar Foundation operate?
Almar Foundation has awarded grants in District of Columbia, Massachusetts, New Jersey, New York, Virginia.
What size grants does Almar Foundation award?
In 2024, Almar Foundation awarded 2 grants totaling $2.5M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Almar Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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