Jean and Albert Nerken Foundation
The Jean and Albert Nerken Foundation is a private foundation established in 1988 and based in New York City. The foundation is located at c/o Anchin, 3 Times Square, New York City, NY 10036.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-1.3% YoY
Annual Giving
$523K
+8.1% YoY
Grant Count
35
+94.4% YoY
Avg Grant Size
$15K
-44.4% YoY
Mission & Focus Areas
The foundation supports the arts, health care, and Jewish welfare.
Grantmaking
Based on the most recent IRS Form 990 filing (2024), the foundation has the following grantmaking profile:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, Virginia, and Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,564,871 | $2,599,214 | $2,930,115 |
| Revenue | $544,621 | $205,764 | $51,416 |
| Expenses | $578,964 | $536,665 | $543,368 |
| Qualifying Distributions | $533,959 | $495,039 | $466,550 |
| Net Investment Income | $496,678 | $163,480 | $2,870 |
| Distributable Amount | $250,656 | $227,300 | $285,270 |
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
130 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Albert L. Nerken graduated from The Cooper Union in 1933 with a Bachelor of Science in Chemical Engineering. He had a distinguished career in engineering and industry, including work with the National Advisory Committee for Aeronautics (the forerunner of NASA), development work on agricultural product conversion to plastics, and contributions to the Manhattan Project during World War II. He co-founded Vacuum Electronic Engineering Company (VEECO), which grew into an international company with 2,500 workers and operations across multiple countries.
The Albert Nerken School of Engineering at The Cooper Union is named in his honor.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ETTA BRANDMAN ESQ | TRUSTEE | 1 | — |
| RUTH NERKEN | TRUSTEE | 15 | — |
Contact Information
Telephone: 212-840-3456
EIN: 13-3499349
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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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