American Portfolios Foundation Inc
American Portfolios Foundation Inc is a private foundation based in Holbrook, New York. Its 2023 IRS filing is marked as the organization’s final return, so it appears to have wound down or stopped grantmaking.
American Portfolios Foundation Inc at a glance
- Expenses (2023)
- $145
- -100.0% vs 2022
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated October 2026.
How to apply to American Portfolios Foundation Inc
- How to Apply
-
The 2023 filing stated that applications could be submitted at any time, with no specific form required and no restrictions on awards. Because that filing is marked as the final return, these are not presented as current application instructions.
- Contact
Application contact: American Portfolios Foundation
Mailing address: 4250 Veterans Memorial Highway Ste, Holbrook, NY 11741
Phone: (631) 439-4600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who American Portfolios Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
63 grants across all recorded years
The most common grant size was under $50K: 57 grants of 63 (90%).
Geographic Focus
Where this funder awards grants
The listed 2022 grantees were based in Missouri, New York, Florida, and North Carolina.
Grant Distribution by State
Cities
How American Portfolios Foundation Inc gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2022, annual grant giving ranged from $239K (2020) to $381K (2022). In 2022 it made 20 grants totaling $381K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 20 grants to individuals Recipients not named | — | $381,157 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2023 | — | — | $145 | — | — | — | — |
| 2022 | $145 | $451,858 | $452,032 | $381,157 | 20 | $395,416 | $885 |
| 2021 | $319 | $357,100 | $354,520 | $349,954 | 22 | $354,520 | $14 |
| 2020 | $173 | $248,500 | $248,458 | $238,760 | 21 | — | $95 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2022 grants included organizations working in areas described in their own missions: An individual recipient INC said it develops leaders through the arts; VIRTUAL ENTERPRISES INTERNATIONAL INC described providing schools with applied-learning strategies for career readiness and related subjects; and THE BUTTERFLY EFFECT PROJECT INC said it empowers young girls toward emotionally stable, self-confident futures.
Other 2022 recipients included STARABILITY FOUNDATION INC, whose mission is to provide social, vocational, and educational connections for individuals with disabilities; Lodestar Childrens Services Inc, which describes empowering children and families; and Swim Across America Inc, which said its charity swims fund cancer research, prevention, and treatment.
Grantmaking
The foundation reported 20 grants totaling $381,157 in 2022, an average of about $19,058 per grant. It reported 22 grants totaling $349,954 in 2021 and 21 grants totaling $238,760 in 2020.
Notable 2022 grants included $150,000 to an individual recipient INC, $32,500 to VIRTUAL ENTERPRISES INTERNATIONAL INC, and $19,054 to THE BUTTERFLY EFFECT PROJECT INC. Other listed awards were $1,000 to STARABILITY FOUNDATION INC and $250 each to Lodestar Childrens Services Inc and Swim Across America Inc.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2023 filing listed Lon Dolber as President, Dalchand Laljit as Vice President, and Damon Joyner as CFO.
American Portfolios Foundation Inc is led by Lon Dolber, President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Lon Dolber
President
On filings since 2020
5 hrs/week
No compensation reported
Dalchand Laljit
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Damon Joyner
CFO
Secretary → CFO, 2021
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 American Portfolios Foundation Inc
What does American Portfolios Foundation Inc fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from American Portfolios Foundation Inc?
The 2023 filing stated that applications could be submitted at any time, with no specific form required and no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does American Portfolios Foundation Inc make grants?
The listed 2022 grantees were based in Missouri, New York, Florida, and North Carolina.
What is American Portfolios Foundation Inc's EIN?
American Portfolios Foundation Inc's EIN (Employer Identification Number) is 42-1645907. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- IRS filings on file for fiscal years 2020–2023
Live grants for the work American Portfolios Foundation Inc funds
Public Safety, Disaster Preparedness & Relief Open opportunities, soonest deadline first.
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American Portfolios Foundation Inc down — hundreds of funders to go?