Fund for the Aged Inc logo

Fund for the Aged Inc

Grantmaker New York, NY EIN: 13-3603516 Website

Our mission is to empower older adults to enhance purpose and well-being through a portfolio of innovative health care services.

Key facts about Fund for the Aged Inc

EIN
13-3603516
Latest 990 filing
Form 990 filing, 2024
Total assets
$95,100,235

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$95.1M

+0.9% YoY

Revenue

$7.3M

+21.7% YoY

Net Investment Income

$3.3M

+39.6% YoY

Expenses

$7.8M

-29.0% YoY

How Fund for the Aged Inc gives

  • Giving held roughly steady from 2020 to 2023 (+6%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Fund for the Aged Inc

Based on IRS filings

Fund for the Aged Inc is a nonprofit organization focused on Human Services, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95.1M in total assets. Net investment income was $3.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

New York

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M7 grants20205 grants20215 grants20226 grants20230 grants2024

From 2020 to 2023, annual grant giving ranged from $4.2M (2021) to $9.1M (2023). In 2023 it made 6 grants totaling $9.1M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

23 grants across all recorded years

3<$50K3$50–100K3$100–250K3$250–500K2$500K–1M7$1–5M2$5M+

The most common grant size was in the $1–5M range: 7 grants of 23 (30%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M20202021202220232024
Metric202420232022
Total Assets$95,100,235$94,234,693$97,079,912
Revenue$7,258,050$5,964,288$5,125,717
Expenses$7,819,001$11,013,128$9,688,721
Qualifying Distributions———
Net Investment Income$3,331,622$2,387,165$1,692,919
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Fund for the Aged Inc is led by Jeffrey I. Farber MD, President & CEO on every filing since 2020; 3 of 11 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Jeffrey I. Farber MD

    President & CEO

    On filings since 2020

    0.7 hrs/week

    No compensation reported

  • William Blumstein

    Chair

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Tamara Thompson

    Senior Director

    On filings since 2021

    35 hrs/week

    $133K (2021) → $151K (2024)

  • Jonathan J. Hochberg

    Director

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Michael Luskin

    Director

    Chairman → Chair, 2021

    Chair → Director, 2022

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Alyssa Herman

    Chief Development Officer

    On filings since 2020

    35 hrs/week

    $293K (2020) → $317K (2024)

  • Tamar Major

    Vice President of Development

    On filings since 2020

    35 hrs/week

    $206K (2020) → $120K (2024)

  • Mark Weiss

    CFO

    On filings since 2020

    0.7 hrs/week

    No compensation reported

  • Alan Altschuler

    Treasurer

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Aran Ron MD

    Vice Chair

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Lisa Feiner

    Secretary

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

Former officers (9)
  • Former: Elizabeth Pagel Serebransky (2020–2023) — Co-Chair
  • Former: Lynn Oberlander (2022–2023) — Secretary
  • Former: Tami Schneider (2022–2023) — Co-Chair
  • Former: Eve Marsan (2020–2022) — Director of Special Events
  • Former: Bruce Evans (2020–2021) — Treasurer
  • Former: Dana Penny (2020–2021) — CCO
  • Former: Lauren Heger Leibowitz (2020–2021) — Donor Rel & Engmt Officer
  • Former: David Haas (2020) — Vice Chair
  • Former: Leah Burke (2020) — Major Gifts Officer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Alyssa Herman — Chief Development Officer: $317KAlyssa HermanChief Development Officer$317KTamara Thompson — Senior Director: $151KTamara ThompsonSenior Director$151KTamar Major — VP of Development: $120KTamar MajorVP of Development$120K

The highest reported compensation on the 2024 filing was $317K, to Alyssa Herman (Chief Development Officer). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Fund for the Aged Inc

How large is Fund for the Aged Inc?

Fund for the Aged Inc reported $95.1M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $7.3M.

What is Fund for the Aged Inc?

Fund for the Aged Inc is a nonprofit organization focused on Human Services, based in New York, NY. It holds $95.1M in total assets as of 2024.

Where does Fund for the Aged Inc operate?

Fund for the Aged Inc has awarded grants in New York.

What is Fund for the Aged Inc's EIN?

Fund for the Aged Inc's EIN (Employer Identification Number) is 13-3603516. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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