Alvin Goldfarb Foundation
The Alvin Goldfarb Foundation is an independent private foundation established in 1992 in Missouri and tax-exempt since August 1993. Based in Saint Louis, Missouri, the foundation was established by Alvin Goldfarb (1917-2008), a St. Louis businessman and retired president of Worth Stores Corp., a women's apparel chain that operated across Missouri, Illinois, Kansas, Oklahoma, Texas, and Alabama before being sold in 1978. The foundation has grown to become one of St. Louis's most significant philanthropic entities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$13.8M
+2.9% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$2.0M
-55.9% YoY
Mission & Focus Areas
The foundation does not provide a published mission statement. However, its grantmaking focuses on:
- Transportation support
- Support for mothers and their children
- Grants coordination and distribution
- Community building
- Economic support
- Community development
- Affordable housing
- Education
- Health services
Grantmaking
Grant Range
s:** Grant amounts vary significantly, ranging from approximately $100,000 to $11.4 million. Recent grants include:
How to Apply
** The foundation does not accept unsolicited grant applications. Grants are made exclusively to preselected organizations through trustee-directed grantmaking.
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Geographic Focus
Where this funder awards grants
The foundation focuses exclusively on the Saint Louis metropolitan area and Missouri.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $293,464,504 (as of 2024)
Total Revenues: $158,974,700 (2024)
Total Expenses: $16,473,778 (2024)
Net Income: $142,500,922 (2024)
Total Liabilities: $4,560,000 (2024)
Staff: 1 employee (as of 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Jean M Cody — Trustee (as of June 2024)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert Goldfarb | Trustee | 1 | — |
| Jean M Cody CPA | Trustee/Manager | 70 | $275,000 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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