The Norman E Alexander Family M Foundation is a private foundation established to honor the legacy of Norman E. Alexander (1914-2006), a distinguished businessman and philanthropist. Based in New York, NY, the foundation has been tax-exempt since February 2011 and operates as a 501(c)(3) organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$116.3M
+10.4% YoY
Annual Giving
$6.7M
+76.7% YoY
Grant Count
7
-30.0% YoY
Avg Grant Size
$955K
+152.4% YoY
Mission & Focus Areas
The foundation's primary mission is to benefit organizations with substantial Jewish affiliation that promote medical research, social welfare, Jewish education, and Jewish cultural heritage. At least two-thirds of all charitable contributions are directed toward this primary purpose each fiscal year.
Primary funding focus areas include:
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Health Care
- Religion-Related activities and spiritual development
Grantmaking
The foundation made 11 grants in 2023.
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Geographic Focus
Where this funder awards grants
Primary funding focus in New York and Massachusetts, with some national activity.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $105,366,908
- Total Revenues: $16,630,894
- Total Expenses: $4,094,596
- Total Liabilities: $0
- Number of Employees: 0
Grant Distribution:
- Total giving in 2023: Approximately $4.09 million in expenses
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $116,306,439 | $105,366,908 | $92,830,610 |
| Revenue | $18,029,722 | $16,630,894 | $16,152,811 |
| Expenses | $7,090,191 | $4,094,596 | $4,024,590 |
| Qualifying Distributions | $6,756,932 | $3,818,933 | $3,786,470 |
| Net Investment Income | $3,416,470 | $2,460,573 | $1,858,295 |
| Distributable Amount | $6,009,558 | $4,760,648 | $4,077,221 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
55 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
- Sharon Zoffness (Director and President)
- Rachel Zoffness (Director and Vice President)
- Daniel Binderman (Director and Vice President)
All leadership members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK ALEXANDER | DIRECTOR/PRESIDENT/TREASURER | 3 | — |
| DANIEL BINDERMAN | DIRECTOR/VP/SECRETARY | 3 | — |
| NANCY CAUTILLO | ASSISTANT SECRETARY | 2 | — |
| RACHEL ZOFFNESS | DIRECTOR/VP | 3 | — |
Recent News & Activity
Recent developments and announcements
The Norman E Alexander Family M Foundation Medical Education Center Plaza was dedicated at New York Medical College, recognizing the foundation's support for medical education initiatives.
NYMC Dedicates The Norman E. Alexander Family M Foundation Medical EducationSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Druckenmiller Foundation
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Assets
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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