Atlantic Charitable Foundation
Atlantic Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cedarhurst, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $999K in total assets. In 2024, it awarded 17 grants totaling $215K. Net investment income was $20K.
Key facts about Atlantic Charitable Foundation
- EIN
- 20-3992879
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $214,820
- Grants made (2024)
- 17
- Average grant
- $12,636
- Median grant
- $5,200
- New grantees (estimate)
- 41% first-time grantees (7 of 17, 2024)
- Total assets
- $999,284
- Primary geography
- New York (78% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Atlantic Charitable Foundation funds
By grant dollars, the top recipient states for Atlantic Charitable Foundation's 17 itemized 2024 grants were New York (78%) and New Jersey (17%). The most frequent recipient cities were Brooklyn, NY (3 grants), Cedarhurst, NY (3 grants) and Lawrence, NY (2 grants). None of its 17 grants with a stated purpose were described as general or operating support. Recurring purposes include "Religious" (5 grants), "Financial Aid" (5 grants) and "Educational" (5 grants).
Is Atlantic Charitable Foundation open to new grantees?
41%
first-time grantees, 2024
In 2024, 7 of 17 grantees (41%) were first-time recipients. First grants averaged $4K; repeat grants $19K. How we count
Medians: $4K first-time, $19K repeat.
- 41% of 2024 grantees were also funded in 2023. Method
- Giving grew 200% from 2021 to 2024. Method
- In 2024 it paid out 411% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Atlantic Charitable Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$999K
-5.8% YoY
Annual Giving
$215K
+12.6% YoY
Grant Count
17
+41.7% YoY
Avg Grant Size
$13K
-20.5% YoY
Under IRS private-foundation payout rules, Atlantic Charitable Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Atlantic Charitable Foundation
Based on IRS filings
Atlantic Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cedarhurst, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $999K in total assets. In 2024, it awarded 17 grants totaling $215K. Net investment income was $20K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 17 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $999,284 | $1,060,389 | $1,091,473 |
| Revenue | $156,356 | $159,957 | $71,934 |
| Expenses | $217,461 | $191,041 | $220,152 |
| Qualifying Distributions | $214,820 | $190,773 | $219,966 |
| Net Investment Income | $20,436 | $24,957 | $51,934 |
| Distributable Amount | $52,256 | $54,021 | $55,722 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Congregation Ahavas Tzdokah Vchesed ($35,700), Vaad Harabonim Linyanei Tzedaka ($35,000), Various - 1800 and Below ($32,420).
| Recipient | Purpose | Amount |
|---|---|---|
| Congregation Ahavas Tzdokah Vchesed Brooklyn, NY | RELIGIOUS | $35,700 |
| Vaad Harabonim Linyanei Tzedaka Lakewood, NJ | FINANCIAL AID | $35,000 |
| VARIOUS - 1800 AND BELOW Cedarhurst, NY | VARIOUS | $32,420 |
| American Friends of Netiv Aryeh Inc Monsey, NY | RELIGIOUS | $25,000 |
| NY MEDICAL COLLEGE Valhalla, NY | EDUCATIONAL | $25,000 |
| YESHIVAS CHAIM BERLIN Brooklyn, NY | EDUCATIONAL | $12,600 |
| Hebrew Academy of the Five Towns Lawrence, NY | EDUCATIONAL | $7,200 |
| Avigdors Helping Hand Inc flushing, NY | financial aid | $6,000 |
| One Israel Fund Ltd cedarhurst, NY | educational | $5,200 |
| DAVIS MEMORIAL FUND Lawrence, NY | FINANCIAL AID | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lynn Gettenberg | Trustee | — | — |
| Gary Gettenberg | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Atlantic Charitable Foundation?
Atlantic Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cedarhurst, NY. It holds $999K in total assets as of 2024.
How large is Atlantic Charitable Foundation?
As of 2024, Atlantic Charitable Foundation holds $999K in total assets with $156K in annual revenue. It awarded 17 grants totaling $215K in 2024.
Where does Atlantic Charitable Foundation operate?
Atlantic Charitable Foundation has awarded grants in Florida, Illinois, New Jersey, New York.
What size grants does Atlantic Charitable Foundation award?
In 2024, Atlantic Charitable Foundation awarded 17 grants totaling $215K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Atlantic Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Atlantic Charitable Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Atlantic Charitable Foundation's EIN?
Atlantic Charitable Foundation's EIN (Employer Identification Number) is 20-3992879. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.