Altman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HACKENSACK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 13 grants totaling $165K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$270K
-31.8% YoY
Annual Giving
$165K
-0.3% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$13K
-0.3% YoY
Under IRS private-foundation payout rules, Altman Family Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About Altman Family Foundation
Based on IRS filings
Altman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HACKENSACK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 13 grants totaling $165K. Net investment income was $36K.
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 | $269,586 | $395,523 | $544,236 |
| Revenue | $38,232 | $20,275 | $245,549 |
| Expenses | $167,358 | $167,855 | $116,289 |
| Qualifying Distributions | $164,925 | $165,400 | $113,980 |
| Net Investment Income | $35,799 | $17,820 | $1,454 |
| Distributable Amount | $37,715 | $34,003 | $27,417 |
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
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various Other Charities ($49,925), Samaritans Purse ($25,000), Peggy Adams Animal Rescue ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TUNNEL TO TOWERS STATEN ISLAND, NY | GENERAL PURPOSE | $10,000 |
| BOCA HELPING HANDS BOCA RATON, FL | GENERAL PURPOSE | $5,000 |
| THE WICK THEATER BOCA RATON, FL | GENERAL PURPOSE | $10,000 |
| YOUNG AMERICA'S FOUNDATION RESTON, VA | GENERAL PURPOSE | $5,000 |
| TURNING POINT FOUNDATION IRVINGTON, NJ | GENERAL PURPOSE | $5,000 |
| FAU FOUNDATION BOCA RATON, FL | GENERAL PURPOSE | $5,000 |
| FOLDS OF HONOR FOUNDATION OWASSO, OK | GENERAL PURPOSE | $5,000 |
| MERCY CHEFS PORTSMOUTH, VA | GENERAL PURPOSE | $10,000 |
| VARIOUS OTHER CHARITIES VARIOUS, VA | GENERAL PURPOSE | $49,925 |
| SAMARITANS PURSE BOONE, NC | GENERAL PURPOSE | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN ALTMAN | DIRECTOR | — | — |
| PAMELA SPORING | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Altman Family Foundation?
Altman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HACKENSACK, NJ. It holds $270K in total assets as of 2024.
How large is Altman Family Foundation?
As of 2024, Altman Family Foundation holds $270K in total assets with $38K in annual revenue. It awarded 13 grants totaling $165K in 2024.
Where does Altman Family Foundation operate?
Altman Family Foundation has awarded grants in Colorado, Florida, Indiana, Michigan, North Carolina, New Jersey, New York, Oklahoma, Texas, Utah, Virginia.
What size grants does Altman Family Foundation award?
In 2024, Altman Family Foundation awarded 13 grants totaling $165K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Altman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Altman Family Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Altman Family Foundation's EIN?
Altman Family Foundation's EIN (Employer Identification Number) is 22-3369785. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Altman Family 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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