Foundation of the Alumnae Association
Foundation of the Alumnae Association is a private foundation focused on Education, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $78K in total assets. In 2025, it awarded 4 grants totaling $71K. Net investment income was $3K.
Foundation of the Alumnae Association at a glance
In short: Foundation of the Alumnae Association gave $71K across 4 grants in 2025 (avg $18K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $71,450
- +1380.5% vs 2024
- Grants made (2025)
- 4
- +300.0% vs 2024
- Average grant
- $17,863
- +270.1% vs 2024
- Median grant
- $1,250
- Total assets
- $77,561
- -44.9% vs 2024
- Primary geography
- New York (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Foundation of the Alumnae Association funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Nurses Education Fund Inc ($69K). Together the top 2 received $69K.
Organizations only. It also paid 2 grants to individuals ($2,500), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 11 grants of 12 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Foundation of the Alumnae Association gives
- Giving grew 694% from 2022 to 2025. Method
- In 2025 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 2019 to 2025, annual grant giving ranged from $5K (2024) to $71K (2025). In 2025 it made 4 grants totaling $71K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nurses Education Fund Inc Brooklyn, NY | Financial aid to provide financial assistance to nursing students. | $68,643 |
| 2 grants to individuals Recipients not named | — | $2,500 |
| 2 Individual Friendship Fund Recipi New York, NY | Financial aid to low income alumnae, to assist with health and other hardship expenses. | $307 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $77,561 | $10,552 | $88,228 | $71,450 | 4 | $88,158 | $3,259 | $3,982 |
| 2024 | $140,874 | $20,878 | $12,652 | $4,826 | 1 | $12,591 | $5,000 | $6,152 |
| 2023 | $127,709 | $18,464 | $15,714 | $8,313 | 2 | $15,663 | $4,419 | $6,090 |
| 2022 | $128,757 | $92,387 | $17,562 | $9,000 | 2 | $17,562 | $3,693 | $6,262 |
| 2021 | $137,138 | $20,514 | $19,410 | $12,075 | 3 | — | $2,530 | $6,628 |
| 2020 | $130,863 | $19,821 | $36,363 | $17,425 | 4 | — | $2,493 | $6,482 |
| 2019 | $127,544 | $19,120 | $30,243 | $19,600 | 6 | — | $272 | $6,295 |
Under IRS private-foundation payout rules, Foundation of the Alumnae Association reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Foundation of the Alumnae Association is led by Marlene Hertz Post, President since 2025 (on filings since 2019); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Marlene Hertz Post
President
Board Member → President, 2025
On filings since 2019
4 hrs/week
No compensation reported
Barbara Mulhearn McPeek
Board Member
On filings since 2019
0.1 hrs/week
No compensation reported
Charlotte Nussbaum Isler
Board Member
On filings since 2019
0.1 hrs/week
No compensation reported
Joan Trainer Cropley
Treasurer
Treasurer → Board Member, 2020
Board Member → Treasurer, 2023
On filings since 2019
4 hrs/week
No compensation reported
Karla Doolittle Buch
Vice President
Vice President → Board Member, 2024
Board Member → Vice President, 2025
On filings since 2019
2 hrs/week
No compensation reported
Susan Swewizer Nevins
Board Member
On filings since 2019
0.1 hrs/week
No compensation reported
Susan Kalina Krenitsky-Korn
Secretary
Board Member → Secretary, 2024
On filings since 2022
0.1 hrs/week
No compensation reported
Kathleen Cooper - McDermott
Board Member
On filings since 2024
0.1 hrs/week
No compensation reported
Virginia L. Storberg
Board Member
On filings since 2024
0.1 hrs/week
No compensation reported
Judith Schwartzstein Som
Board Member
New on the 2025 filing
0.1 hrs/week
No compensation reported
Former officers (11)
- Former: Barbara L. Pisick (2019–2024) — Board Member
- Former: Myrna Cohen Fisher (2019–2024) — Vice President
- Former: Phyllis Shanley Hansell (2019–2024) — President
- Former: Carla Manley-Russock (2019–2023) — President
- Former: Harriet Schulman Forman (2019–2023) — Board Member
- Former: Margaret Wolcott Galvin (2019–2023) — Secretary
- Former: Sharon L. Pais (2019–2023) — Treasurer
- Former: Joan Ross Dominus (2022–2023) — Board Member
- Former: Rachel Needleman Spector (2019–2021) — Board Member
- Former: Carol Florio (2019) — Board Member
- Former: Ricki Fier (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "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 Foundation of the Alumnae Association
How much does Foundation of the Alumnae Association give each year?
Foundation of the Alumnae Association gave $71K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 1 grant.
What is Foundation of the Alumnae Association's typical grant size?
Foundation of the Alumnae Association's median grant in 2025 was $1,250, and its average grant was $17,863, across 4 grants on its 2025 IRS Form 990-PF.
Where does Foundation of the Alumnae Association give grants?
Foundation of the Alumnae Association gives mostly in New York: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Foundation of the Alumnae Association give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Foundation of the Alumnae Association's 2025 IRS Form 990-PF were described as general or operating support.
How large is Foundation of the Alumnae Association?
Foundation of the Alumnae Association reported $78K in total assets on its 2025 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
What is Foundation of the Alumnae Association?
Foundation of the Alumnae Association is a private foundation focused on Education, based in New York, NY. It holds $78K in total assets as of 2025.
What is Foundation of the Alumnae Association's EIN?
Foundation of the Alumnae Association's EIN (Employer Identification Number) is 13-6096777. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 28, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 30, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 30, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 4, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 25, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Foundation of the Alumnae Association's focus areas in our free grants database
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