Alternative Energy Foundation

Foundation · Grantmaker BROOKLYN, NY EIN: 26-1392098

Alternative Energy Foundation is a private foundation based in Brooklyn, New York. The foundation maintains a focus on philanthropic giving across education, human services, and religious nonprofit sectors.

Key facts about Alternative Energy Foundation

EIN: 26-1392098
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,398,500
Grants made (2024): 11
Average grant: $127,136
Median grant: $35,000
Total assets: $1,727,546
Primary geography: New York (81% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Alternative Energy Foundation funds

By grant dollars, the top recipient states for Alternative Energy Foundation's 11 itemized 2024 grants were New York (81%) and New Jersey (19%). The most frequent recipient cities were Brooklyn, NY (6 grants), Lakewood, NJ (2 grants) and Staten Island, NY (2 grants). None of its 11 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Promote Religious Education" (6 grants) and "For Religious Education Purposes" (5 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-44.2% YoY

Annual Giving

$1.4M

-65.9% YoY

Grant Count

-31.3% YoY

Avg Grant Size

$127K

-50.5% YoY

Under IRS private-foundation payout rules, Alternative Energy Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary funding focus areas include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Jewish Nonprofits
Faith-based and Religious Nonprofits

Grantmaking

The foundation made a significant grant of $3,001,000 to Pledger Charitable in 2023 for Religious Education Purposes.

Grant Range

& Activity:**

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in New York and New Jersey.

Grant Distribution by State

New York $1.1M (81%)

New Jersey $263K (19%)

Share of all 11 itemized 2024 grant dollars.

States

New Jersey New York Ohio

Cities

BrooklynLakewoodStaten IslandMonseyCincinnatiFallsburgFerndaleFlushingMonroeNew YorkSouth FallsburgSuffern

Financial History

Multi-year comparison from IRS filings

Total Assets: $1,727,546
Total Giving: $1,398,500
EIN: 26-1392098

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,727,546	$3,093,384	$3,540,327
Revenue	$30,438	$3,678,348	$2,577,561
Expenses	$1,399,064	$4,107,525	$1,397,924
Qualifying Distributions	$1,398,500	$4,107,000	$1,397,500
Net Investment Income	$29,874	$28,173	$7,386
Distributable Amount	$68,076	$117,474	$68,100

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

106 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Pledger Charitable Ltd ($470,000), Mosdos Pnei Menachem ($267,000), American Friends of Birkat Haaretz ($260,000).

Recipient	Purpose	Amount
PLEDGER CHARITABLE LTD BROOKLYN, NY	FOR RELIGIOUS EDUCATION PURPOSES	$470,000
MOSDOS PNEI MENACHEM BROOKLYN, NY	FOR RELIGIOUS EDUCATION PURPOSES	$267,000
AMERICAN FRIENDS OF BIRKAT HAARETZ LAKEWOOD, NJ	TO PROMOTE RELIGIOUS EDUCATION	$260,000
FRIENDS OF HARIM INC STATEN ISLAND, NY	TO PROMOTE RELIGIOUS EDUCATION	$200,000
FRIENDS OF MOSDOT GUR BROOKLYN, NY	FOR RELIGIOUS EDUCATION PURPOSES	$90,000
AMERICAN FRIENDS OF MOSDOS BET SHEM BROOKLYN, NY	TO PROMOTE RELIGIOUS EDUCATION	$35,000
YESHIVA KTANA INC STATEN ISLAND, NY	TO PROMOTE RELIGIOUS EDUCATION	$30,000
CONG LEV SIMCHA MONSEY, NY	FOR RELIGIOUS EDUCATION PURPOSES	$25,000
KUPAT RAMBAN BROOKLYN, NY	FOR RELIGIOUS EDUCATION PURPOSES	$13,500
CONG BAIS BERLINER BROOKLYN, NY	TO PROMOTE RELIGIOUS EDUCATION	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RIVKA LANDAU	TRUSTEES	5	—
SARA MAYTELES	TRUSTEES	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Alternative Energy Foundation fund?

The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Jewish Nonprofits • Faith-based and Religious Nonprofits

How do I apply for a grant from Alternative Energy Foundation?

**Grant Size & Activity:** • Typical grant awards range from $500 to $3,001,000 • Total giving: $1,398,500 (based on most recent IRS 990 filing from 2024) **Recent Grants:** The foundation made a significant grant of $3,001,000 to Pledger Charitable in 2023 for Religious Education Purposes.

Where does Alternative Energy Foundation make grants?

The foundation primarily supports organizations in New York and New Jersey.

What size grants does Alternative Energy Foundation award?

In 2024, Alternative Energy Foundation awarded 11 grants totaling $1.4M — an average of about $127K per grant, based on its IRS Form 990 filings.

How much is Alternative Energy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alternative Energy Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.