Altoon Sutton Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEAL, NJ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 29 grants totaling $212K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$212K
+80.0% YoY
Grant Count
29
-27.5% YoY
Avg Grant Size
$7K
+148.3% YoY
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.
About Altoon Sutton Memorial Fund
Based on IRS filings
Altoon Sutton Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEAL, NJ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 29 grants totaling $212K.
Focus Areas
Ready to take the next step with Altoon Sutton Memorial Fund?
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 | — | $254,126 | $356,884 |
| Revenue | $3,866 | $17,843 | $7,799 |
| Expenses | $243,493 | $120,601 | $118,988 |
| Qualifying Distributions | $227,621 | $118,068 | $118,679 |
| Net Investment Income | — | $5,810 | $7,789 |
| Distributable Amount | $10,107 | $26,851 | $19,580 |
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
194 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Communal Fund ($141,963), Avenue R Sephardic Congregation ($12,000), The Special Children Center ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AHI EZER YESHIVA INC BROOOKLYN, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $3,600 |
| APERION SHLOMO NEW YORK, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
| AVENUE R SEPHARDIC CONGREGATION BROOKLYN, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $12,000 |
| BARKAI FOUNDATION INC BROOKLYN, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
| BRIDGE ACADEMY OCEAN, NJ | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,800 |
| CONGREGATION MAGEN DAVID OF WEST DEAL OCEAN, NJ | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $6,000 |
| CONGREGATION S Y E INC LAKEWOOD, NJ | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
| CONGREGATION SHAARE RAHAMIM BROOKLYN, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,306 |
| DSN COMMUNITY CENTER OAKHURST, NJ | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,002 |
| EDMOND J SAFRA SYNAGOGUE OF DEAL BROOKLYN, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $501 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIE SUTTON | PRESIDENT | 0.5 | — |
| SAMUEL SUTTON | VICE PRESIDENT | 0.5 | — |
| ABRAHAM M SUTTON | SECRETARY | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Altoon Sutton Memorial Fund?
Altoon Sutton Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DEAL, NJ. It holds — in total assets as of 2024.
Where does Altoon Sutton Memorial Fund operate?
Altoon Sutton Memorial Fund has awarded grants in Florida, Maryland, Michigan, New Jersey, New York.
What size grants does Altoon Sutton Memorial Fund award?
In 2024, Altoon Sutton Memorial Fund awarded 29 grants totaling $212K — an average of about $7K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Altoon Sutton Memorial Fund's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
The William & Phyllis Mack Family
FORT LEE, NJ
Assets
$5.9M
Grants
53
Total Given
$3.2M
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Altoon Sutton Memorial Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Altoon Sutton Memorial Fund to a real strategy.