Altoon Sutton Memorial Fund
Altoon Sutton Memorial Fund is a private foundation based in Deal, New Jersey. Its 2024 filing states that it filed a certificate of dissolution with the State of New Jersey on December 26, 2024, and distributed all its assets to public charities for charitable purposes.
Altoon Sutton Memorial Fund at a glance
In short: Altoon Sutton Memorial Fund gave $212K across 29 grants in 2024 (avg $7K), mostly in New York. 34% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $212,224
- +80.0% vs 2023
- Grants made (2024)
- 29
- -27.5% vs 2023
- Average grant
- $7,318
- +148.3% vs 2023
- Median grant
- $1,800
- New grantees (estimate)
- 34% first-time grantees (10 of 29, 2024)
- Primary geography
- New York (84% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Altoon Sutton Memorial Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The fund does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Its 2024 filing also states that all assets were distributed to public charities for charitable purposes following its dissolution filing.
- Contact
Mailing address: Co Elie Sutton 77 Brighton Avenue, Deal, NJ 07723
Phone: (732) 531-2280
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Altoon Sutton Memorial Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jewish Communal Fund ($142K). Together the top 10 received $193K.
Grant Size Distribution
194 grants across all recorded years
The most common grant size was under $50K: 193 grants of 194 (99%).
Geographic Focus
Where this funder awards grants
In 2024, 84% of grant dollars went to recipients in New York and 16% to recipients in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 29 itemized grants.
Cities
Is Altoon Sutton Memorial Fund open to new grantees?
34%
first-time grantees, 2024
In 2024, 10 of 29 grantees (34%) were first-time recipients. First grants averaged $15K; repeat grants $3K. How we count
Medians: $751 first-time, $2K repeat.
- 38% of 2024 grantees were also funded in 2023. Method
- Giving grew 102% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $105K (2021) to $212K (2024). In 2024 it made 29 grants totaling $212K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Communal Fund New York, NY | To further the exempt purpose of the organization - donor advised fund | $141,963 |
| Avenue R Sephardic Congregation Brooklyn, NY | To Further the Exempt Purpose of the Organization | $12,000 |
| The Special Children Center Lakewood, NJ | To Further the Exempt Purpose of the Organization | $10,000 |
| Hillel Yeshiva Ocean, NJ | To Further the Exempt Purpose of the Organization | $6,900 |
| Congregation Magen David of West Deal Ocean, NJ | To Further the Exempt Purpose of the Organization | $6,000 |
| Synagogue of Deal Deal, NJ | To Further the Exempt Purpose of the Organization | $5,505 |
| AHI Ezer Yeshiva Inc Broooklyn, NY | To Further the Exempt Purpose of the Organization | $3,600 |
| New York Cancer Center Brooklyn, NY | To Further the Exempt Purpose of the Organization | $2,600 |
| Sephardic Bikur Holim Brooklyn, NY | To Further the Exempt Purpose of the Organization | $2,600 |
| DSN Community Center Oakhurst, NJ | To Further the Exempt Purpose of the Organization | $2,002 |
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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 | — | $3,866 | $243,493 | $212,224 | 29 | $227,621 | — | $10,107 |
| 2023 | $254,126 | $17,843 | $120,601 | $117,883 | 40 | $118,068 | $5,810 | $26,851 |
| 2022 | $356,884 | $7,799 | $118,988 | $118,538 | 35 | $118,679 | $7,789 | $19,580 |
| 2021 | $468,171 | $10,055 | $105,518 | $105,171 | 42 | $105,271 | $9,972 | $25,257 |
| 2020 | $568,634 | $11,941 | $116,910 | $116,360 | 48 | — | $11,812 | $29,970 |
Under IRS private-foundation payout rules, Altoon Sutton Memorial Fund reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The fund’s own mission is not stated. Its 2024 grants went to organizations including congregations, Jewish educational institutions, and social-service organizations. Among those grantees, The Special Children Center describes its mission as providing respite and support for families with disabled children; SAFE Foundation describes providing confidential outpatient support for people experiencing substance-use and problem-gambling disorders; and Reach for the Stars Learning Center says it provides help and education to autistic children.
Grantmaking
In 2024, the fund made 29 grants totaling $212,224. Grants ranged from $180 to $141,963, with a median of $1,800. The largest grant was $141,963 to Jewish Communal Fund, for the stated purpose of furthering the organization’s exempt purpose through a donor-advised fund. Other notable grants included $12,000 to Avenue R Sephardic Congregation, $10,000 to The Special Children Center, $6,900 to Hillel Yeshiva, and $6,000 to Congregation Magen David of West Deal.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Elie Sutton as president, Samuel Sutton as vice president, and Abraham M Sutton as secretary.
Altoon Sutton Memorial Fund is led by Elie Sutton, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elie Sutton
President
On filings since 2020
0.5 hrs/week
No compensation reported
Abraham M. Sutton
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Samuel Sutton
Vice President
On filings since 2020
0.5 hrs/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 Altoon Sutton Memorial Fund
How much does Altoon Sutton Memorial Fund give each year?
Altoon Sutton Memorial Fund gave $212K across 29 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $118K across 40 grants.
What is Altoon Sutton Memorial Fund's typical grant size?
Altoon Sutton Memorial Fund's median grant in 2024 was $1,800, and its average grant was $7,318, across 29 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Altoon Sutton Memorial Fund that year got $15K on average.
Where does Altoon Sutton Memorial Fund give grants?
Altoon Sutton Memorial Fund gives mostly in New York: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (16%). The most frequent recipient cities were Brooklyn, NY (14 grants), New York, NY (6 grants), Ocean, NJ (4 grants) and Lakewood, NJ (2 grants).
Who are Altoon Sutton Memorial Fund's largest grantees?
Altoon Sutton Memorial Fund's largest 2024 grantees include Jewish Communal Fund ($141,963), Avenue R Sephardic Congregation ($12,000) and The Special Children Center ($10,000), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.
What does Altoon Sutton Memorial Fund fund?
The fund’s own mission is not stated. Its 2024 grants went to organizations including congregations, Jewish educational institutions, and social-service organizations. See mission & focus areas ↑
How do I apply for a grant from Altoon Sutton Memorial Fund?
The fund does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Altoon Sutton Memorial Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Altoon Sutton Memorial Fund reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Altoon Sutton Memorial Fund's EIN?
Altoon Sutton Memorial Fund's EIN (Employer Identification Number) is 22-3606267. IRS Form 990 filing data is available on this page for 2020–2024.
Does Altoon Sutton Memorial Fund 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.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Altoon Sutton Memorial Fund's focus areas in our free grants database
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Assets
—
Grants
1
Total Given
$4K
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Cite this profile
Grantable. (2026). Altoon Sutton Memorial Fund funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/altoon-sutton-memorial-fund-morg_ca9ad32d3096475ebe75cf54f0f050ea
BibTeX
@misc{grantable_223606267_2026,
author = {{Grantable}},
title = {{Altoon Sutton Memorial Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/altoon-sutton-memorial-fund-morg_ca9ad32d3096475ebe75cf54f0f050ea},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Altoon Sutton Memorial Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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