Appaloosa Management Charitable

SHORT HILLS, NJ EIN: 46-4011140 Website

Appaloosa Management Charitable Foundation Inc is a private foundation based in Short Hills, New Jersey. Established in 2014, it operates as a company-sponsored foundation affiliated with Appaloosa Management L.P., a hedge fund founded in 1993. The foundation functions as a grantmaking organization supporting various charitable causes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-10.1% YoY

Annual Giving

$498K

+8.4% YoY

Grant Count

-5.0% YoY

Avg Grant Size

$26K

+14.1% YoY

Under IRS private-foundation payout rules, Appaloosa Management Charitable reported a distributable amount of $225K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a diverse range of charitable sectors including:

Food banks
Hospitals
Performing arts
Education
Substance abuse treatment
Judaism-related organizations
General support initiatives

Grantmaking

The foundation made 28 grants in 2023 with a total giving amount of $459,305. Notable recent grants include:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.4M (52%)

New Jersey $508K (18%)

Pennsylvania $176K (6%)

Missouri $156K (6%)

Alabama $125K (4%)

Virginia $115K (4%)

Vermont $84K (3%)

Illinois $70K (3%)

+5 more states

States

Alabama Arizona Connecticut Florida Georgia Illinois Massachusetts Missouri New Jersey New York Pennsylvania Virginia Vermont

Cities

ArlingtonAtlantaBelmontBrewsterBridgetonBronxBrookfieldEvanstonFranklin LakesHampton BaysHillsideMiddleburyMontclairMontgomeryMorristownNew BrunswickNew YorkNewarkPatersonPhiladelphia

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

Total assets: $1,885,420
Total revenues: $115,120
Total expenses: $467,864
Total giving: $459,305
Number of employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,694,885	$1,885,420	$2,238,163
Revenue	$317,292	$115,120	$138,335
Expenses	$507,827	$467,864	$432,939
Qualifying Distributions	$499,406	$459,336	$422,631
Net Investment Income	$308,871	$106,592	$128,027
Distributable Amount	$225,499	$213,297	$215,672

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

100 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American Committee for the Weizmann Institute of Science Inc ($150,000), The Jewish Community Project ($100,000), Saint Louis Zoo Foundation ($30,000).

Recipient	Purpose	Amount
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE INC NEW YORK, NY	GENERAL SUPPORT	$150,000
COMMUNITY FOUNDATION OF NEW JERSEY MORRISTOWN, NJ	GENERAL SUPPORT	$4,000
HABITAT FOR HUMANITY NEWARK INC NEWARK, NJ	GENERAL SUPPORT	$25,000
JAZZ HOUSE KIDS INC MONTCLAIR, NJ	GENERAL SUPPORT	$20,000
MAKE-A-WISH PHOENIX, AZ	GENERAL SUPPORT	$20,000
SAINT LOUIS ZOO FOUNDATION SAINT LOUIS, MO	GENERAL SUPPORT	$30,000
SOUTHERN POVERTY LAW CENTER INC MONTGOMERY, AL	GENERAL SUPPORT	$25,000
ST LOUIS AREA FOOD BANK INC BRIDGETON, MO	GENERAL SUPPORT	$10,000
SUCCEED2GETHER INC MONTCLAIR, NJ	GENERAL SUPPORT	$4,000
THE CHARLIE LANDERS FOUNDATION FRANKLIN LAKES, NJ	GENERAL SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID A TEPPER	PRESIDENT	1	—
KENNETH MAIMAN	SECRETARY	1	—
LARRY ROGERS	TREASURER	2	—

Contact Information

Address: 51 John F Kennedy Parkway, Suite 250 Short Hills, NJ 07078-2704

Phone: (973) 701-8409

EIN: 46-4011140

Frequently Asked Questions

What does Appaloosa Management Charitable fund?

The foundation supports a diverse range of charitable sectors including: • Food banks • Hospitals • Performing arts • Education • Substance abuse treatment • Judaism-related organizations • General support initiatives

How do I apply for a grant from Appaloosa Management Charitable?

**Recent Grant Activity (2023)** The foundation made 28 grants in 2023 with a total giving amount of $459,305. Notable recent grants include: | Grantee | Amount | Year | |---------|--------|------| | American Committee for the Weizmann Institute of Science Inc | $150,000 | 2023 | | Middlebury College | $63,805 | 2023 | | Women's Campaign International | $25,000 | 2023 | The foundation provides general support grants to its recipients.

What size grants does Appaloosa Management Charitable award?

In 2024, Appaloosa Management Charitable awarded 19 grants totaling $498K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Appaloosa Management Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Appaloosa Management Charitable reported a distributable amount of $225K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Appaloosa Management Charitable's EIN?

Appaloosa Management Charitable's EIN (Employer Identification Number) is 46-4011140. IRS Form 990 filing data is available on this page for 2020–2024.