Alper Family Foundation

Private foundation · Grantmaker New York, NY EIN: 13-3634384

The Alper Family Foundation is a private foundation based in New York, NY. Its 2026 filing reports grants to charitable, health, research, educational, Jewish, and international-affairs organizations, including The University of Chicago, Target ALS Foundation, and Mount Sinai organizations.

Key facts about Alper Family Foundation

In short: Alper Family Foundation gave $1.8M across 8 grants in 2026 (avg $227K), mostly in Idaho. Source: 2026 IRS Form 990-PF.

EIN
13-3634384
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$1,819,751
Grants made (2026)
8
Average grant
$227,469
Median grant
$50,000
Total assets
$8,412,462
Primary geography
Idaho (71% of itemized 2026 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states on its 2025 IRS filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2026; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$8.4M

-1.8% YoY

Annual Giving

$1.8M

-44.4% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$227K

-51.4% YoY

Under IRS private-foundation payout rules, Alper Family Foundation reported a distributable amount of $960K for 2026 — the minimum it must pay out in qualifying distributions.

How Alper Family Foundation gives

  • Giving fell 41% from 2023 to 2026. Method
  • In 2026 it paid out 190% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Mission & Focus Areas

No foundation mission statement is provided. Its 2026 grants include general-purpose and general-support grants to organizations working in varied areas. Target ALS Foundation describes its mission as breaking down barriers to ALS research to find effective treatments. Mount Sinai Health System says it provides patient care and advances medicine through education, research, and outreach. Icahn School of Medicine at Mount Sinai says it advances science, medicine, and health care delivery through research, education, and clinical care. The Council on Foreign Relations describes itself as a nonpartisan membership organization, think tank, and publisher focused on international affairs.

Grantmaking

In 2026, the foundation reported 8 grants totaling $1,819,751. Grant amounts ranged from $1,000 to $1,283,751, with a median of $50,000. The largest awards were $1,283,751 to The University of Chicago for general charitable purposes; $250,000 to Target ALS Foundation for general purposes; and $150,000 to Mount Sinai Health System for general charitable purposes. Other grants included $50,000 to Icahn School of Medicine at Mount Sinai, $50,000 to United Jewish Appeal Federation of Jewish Philanth, $25,000 to the Council on Foreign Relations, $10,000 to Stephen Wise Free Synagogue, and $1,000 to Jewish Federation of Greater Chattanooga.

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Geographic Focus

Where this funder awards grants

The foundation is based in New York, NY. Its 2026 filing reports grant dollars by recipient state as 71% to ID, 29% to NY, and 0% to TN.

Grant Distribution by State

5states

Share of 2026 grant dollars across all 8 itemized grants.

Cities

New YorkChicagoChattanoogaNeedham

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M1 grant2020 1 grant2021 2 grants2022 3 grants2023 7 grants2024 7 grants2025 8 grants2026

From 2020 to 2026, annual grant giving ranged from $1.5M (2021) to $3.3M (2025). In 2026 it made 8 grants totaling $1.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2026

The University of Chicago: $1.3MThe University of Chicago$1.3MTarget ALS Foundation Inc: $250KTarget ALS Foundation Inc$250KMount Sinai Health System: $150KMount Sinai Health System$150KIcahn School of Medicine at Mount Sinai: $50KIcahn School of Medicine atMount Sinai$50KUnited Jewish Appeal Federation of Jewish Philanth: $50KUnited Jewish AppealFederation of Jewish Philanth$50KCouncil on foreign relations: $25KCouncil on foreign relations$25KStephen Wise Free Synagogue: $10KStephen Wise Free Synagogue$10KJewish Federation of Greater Chattanooga: $1KJewish Federation of GreaterChattanooga$1K

The largest 2026 recipient was The University of Chicago ($1.3M). Together the top 8 received $1.8M.

Grant Size Distribution

27 grants across all recorded years

9<$50K3$50–100K3$100–250K3$250–500K1$500K–1M8$1–5M$5M+

The most common grant size was under $50K: 9 grants of 27 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The University of Chicago Chicago, IDGeneral charitable purpose$1,283,751
Target ALS Foundation Inc New York, NYGeneral Purpose$250,000
Mount Sinai Health System New York, NYGeneral Charitable Purpose$150,000
Icahn School of Medicine at Mount Sinai New York, NYGeneral Purpose$50,000
United Jewish Appeal Federation of Jewish Philanth New York, NYGeneral Charitable Purpose$50,000
Council on foreign relations New York, NYGeneral Support$25,000
Stephen Wise Free Synagogue New York, NYGeneral Purpose$10,000
Jewish Federation of Greater Chattanooga Chattanooga, TNGeneral Charitable Purpose$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2026 $8,412,462 $2,718,301 $1,900,321 $1,819,751 8
2025 $8,563,069 $1,991,213 $3,367,140 $3,273,215 7
2024 $8,346,285 $3,704,811 $2,584,692 $2,507,640 7
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$8,412,462$8,563,069$8,346,285
Revenue$2,718,301$1,991,213$3,704,811
Expenses$1,900,321$3,367,140$2,584,692
Qualifying Distributions$1,826,748$3,279,915$2,516,752
Net Investment Income$369,261$391,895$1,494,334
Distributable Amount$960,000$844,353$728,984

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 14, 2026)
  2. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2026 filing lists Andrew M Alper, Jennifer L Alper, and Karen R Alper as trustees.

Alper Family Foundation's 2026 filing lists 3 officers; none of the 3 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Andrew M. Alper

    Trustee

    Trustee & Part-Time → Trustee, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jennifer L. Alper

    Trustee

    New on the 2026 filing

    1 hr/week

    No compensation reported

  • Karen R. Alper

    Trustee

    New on the 2026 filing

    No compensation reported

Former officers (1)
  • Former: Sharon S. Alper (2020–2025) — Trustee

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: Alper Invest 630 5Th Ave Ste 2455, New York, NY 10111-0100
Phone: (212) 773-3000

Frequently asked questions about Alper Family Foundation

How much does Alper Family Foundation give each year?

Alper Family Foundation gave $1.8M across 8 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $3.3M across 7 grants.

What is Alper Family Foundation's typical grant size?

Alper Family Foundation's median grant in 2026 was $50,000, and its average grant was $227,469, across 8 grants on its 2026 IRS Form 990-PF.

Where does Alper Family Foundation give grants?

Alper Family Foundation gives mostly in Idaho: 71% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The next largest state was New York (29%). The most frequent recipient cities were New York, NY (6 grants).

Does Alper Family Foundation give general operating support?

Yes: 100% of Alper Family Foundation's 2026 grants with a stated purpose (8 of 8) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are Alper Family Foundation's largest grantees?

Alper Family Foundation's largest 2026 grantees include The University of Chicago ($1,283,751), Target ALS Foundation Inc ($250,000) and Mount Sinai Health System ($150,000), according to its 2026 IRS Form 990-PF. Together they received 93% of its itemized 2026 grant dollars.

How large is Alper Family Foundation?

Alper Family Foundation reported $8.4M in total assets on its 2026 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $960K (roughly 5% of its investment assets).

What does Alper Family Foundation fund?

No foundation mission statement is provided. Its 2026 grants include general-purpose and general-support grants to organizations working in varied areas. Target ALS Foundation describes its mission as breaking down barriers to ALS research to find effective treatments. See mission & focus areas ↑

How do I apply for a grant from Alper Family Foundation?

The foundation states on its 2025 IRS filing 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 Alper Family Foundation's EIN?

Alper Family Foundation's EIN (Employer Identification Number) is 13-3634384. IRS Form 990 filing data is available on this page for 2020–2026.

Does Alper Family Foundation accept unsolicited proposals?

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

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

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