Appaloosa Management Charitable
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
19
-5.0% YoY
Avg Grant Size
$26K
+14.1% YoY
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
States
Cities
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
| 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
No grants recorded for .
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
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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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