Beverly & Joel Altman Family Foundation
The Beverly & Joel Altman Family Foundation is a private 501(c)(3) grantmaking foundation based in Boca Raton, Florida. Established in 2014, the foundation operates as an independent philanthropic organization with no employees, distributing grants across a broad range of charitable causes and geographic regions throughout the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+19.4% YoY
Annual Giving
$876K
+13.2% YoY
Grant Count
56
-17.6% YoY
Avg Grant Size
$16K
+37.5% YoY
Under IRS private-foundation payout rules, Beverly & Joel Altman Family Foundation reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not specify particular subject areas of focus in its formal documentation. However, grant-making activity demonstrates support across multiple sectors including:
- Education
- Philanthropy and voluntarism
- Human services
- Healthcare and hospital operations
- Jewish community organizations
- Homeless services and housing assistance
- Religious organizations and churches
- Youth development
- Animal welfare
Grantmaking
Notable 2023 grants include:
Grant Range
$50 to $251,000
Average Grant
approximately $8,000–$9,000
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Geographic Focus
Where this funder awards grants
The foundation supports projects across numerous U.S. states and cities, including:
Primary states: Florida, New York, Texas, Virginia, Maryland, Pennsylvania, Ohio, Indiana, Minnesota, Colorado, Tennessee, Connecticut, Illinois, Georgia, Arizona
Notable cities: Miami, New York, Boston, Chagrin Falls, Telluride
The foundation demonstrates a broad national philanthropic scope while maintaining significant presence in Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $1,069,825
- Total Revenue: $1.34 million
- Total Giving: $876,354
- Total Expenses: $901,000
Prior Year Data (2023):
- Total Assets: $895,786
- Total Revenue: $1,282,989
- Total Expenses: $809,953
- Total Grants Awarded: $793,121
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,069,825 | $895,786 | $900,100 |
| Revenue | $1,342,334 | $1,282,989 | $292,670 |
| Expenses | $901,386 | $809,953 | $626,262 |
| Qualifying Distributions | $888,795 | $793,121 | $549,631 |
| Net Investment Income | $359,170 | $448,057 | $30,747 |
| Distributable Amount | $82,253 | $70,337 | $72,232 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include B'nai Torah Congregation ($200,000), Jafco Children's Village ($108,000), Boca Raton Regional Hospital Foundation ($101,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY KENNESAW, GA | CHARITABLE DONATION | $300 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | CHARITABLE DONATION | $400 |
| ANTI-DEFAMATION LEAGUE NEW YORK, NY | OPERATIONS | $20,000 |
| BAHAMAS NATIONAL TRUST FUND INC PRINCETON, NJ | OPERATIONS | $500 |
| BIRTHRIGHT ISRAEL FOUNDATION NEW YORK, NY | OPERATIONS | $3,000 |
| B'NAI TORAH CONGREGATION BOCA RATON, FL | OPERATIONS | $200,000 |
| BOCA HELPING HANDS BOCA RATON, FL | CHARITABLE DONATION | $600 |
| BOCA RATON REGIONAL HOSPITAL FOUNDATION BOCA RATON, FL | OPERATIONS | $101,000 |
| BOYS & GIRLS CLUBS OF PALM BEACH COUNTY WEST PALM BEACH, FL | OPERATIONS | $1,500 |
| BOYS TOWN BOYS TOWN, NE | OPERATIONS | $300 |
Leadership & Key People
Leadership team and compensation from IRS filings
Foundation leadership includes:
- Beverly Nan Altman (Director)
- Robert Sylvan Altman (Director)
- Laura Diomira Altman (Director)
- Lindsay Erin Raphael (Director)
- Robyn Illise Dynan (Director)
Historical leadership (2021 Form 990):
- Joel L Altman (Director-President)
- Louis Beck (Director-Vice President)
- Alan Levan (Director-Secretary)
- Mark Begelman (Director-Treasurer)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BEVERLY NAN ALTMAN | DIRECTOR | 1 | — |
| ROBERT SYLVAN ALTMAN | DIRECTOR | 1 | — |
| LAURA DIOMIRA ALTMAN | DIRECTOR | 1 | — |
| LINDSAY ERIN RAPHAEL | DIRECTOR | 1 | — |
| ROBYN ILLISE DYNAN | DIRECTOR | 1 | — |
| JOEL L ALTMAN | PRESIDENT | 1 | — |
Recent News & Activity
Recent developments and announcements
In December 2023, Joel and Beverly Altman made a $2.5 million gift to Boca Raton Regional Hospital as part of the "Keeping the Promise" capital campaign. The gift was made in memory of Sydney Altman and resulted in the naming of the East Courtyard on the Boca Raton Regional Hospital campus.
Joel and Beverly Altman Make $2.5 Million Gift to Keeping the Promise CapitalJoel Altman founded Altman Companies in 1968, a full-service development, construction, and management company specializing in luxury multifamily apartment communities, which he subsequently sold.
Joel and Beverly Altman Make $2.5 Million Gift to Keeping the Promise CapitalSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Beverly & Joel Altman Family Foundation fund?
The foundation does not specify particular subject areas of focus in its formal documentation. However, grant-making activity demonstrates support across multiple sectors including: • Education • Philanthropy and voluntarism • Human services • Healthcare and hospital operations • Jewish community organizations • Homeless services and housing assistance • Religious organizations and churches • Youth development • Animal welfare
How do I apply for a grant from Beverly & Joel Altman Family Foundation?
**Grant Characteristics:** • Grant range: $50 to $251,000 • Average grant size: approximately $8,000–$9,000 • Median grant amount: $8,884 • Total grants awarded (2023): 118 grants totaling $793,121 **Recent Grant Activity:** Notable 2023 grants include: • Boca Raton Regional Hospital Foundation: $151,000 • Mount Sinai Health System Self Insurance Trust: $125,000 • Jewish Federation of South Palm Beach County: $100,000 The foundation maintains a high giving rate of 88.3% of total expenses direct…
Where does Beverly & Joel Altman Family Foundation make grants?
The foundation supports projects across numerous U.S. states and cities, including: **Primary states:** Florida, New York, Texas, Virginia, Maryland, Pennsylvania, Ohio, Indiana, Minnesota, Colorado, Tennessee, Connecticut, Illinois, Georgia, Arizona **Notable cities:** Miami, New York, Boston, Chagrin Falls, Telluride The foundation demonstrates a broad national philanthropic scope while maintaining significant presence in Florida.
What size grants does Beverly & Joel Altman Family Foundation award?
In 2024, Beverly & Joel Altman Family Foundation awarded 56 grants totaling $876K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Beverly & Joel Altman Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Beverly & Joel Altman Family Foundation reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Beverly & Joel Altman Family Foundation's EIN?
Beverly & Joel Altman Family Foundation's EIN (Employer Identification Number) is 26-4789610. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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