Raymond and Barbara Alpert Foundation
Raymond and Barbara Alpert Foundation is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 6 grants totaling $10.1M. Net investment income was $782K.
Raymond and Barbara Alpert Foundation at a glance
In short: Raymond and Barbara Alpert Foundation gave $10.1M across 6 grants in 2023 (avg $1.7M), mostly in Indiana. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $10,118,226
- +3475.3% vs 2022
- Grants made (2023)
- 6
- +0.0% vs 2022
- Average grant
- $1,686,371
- +3475.3% vs 2022
- Median grant
- $19,000
- Primary geography
- Indiana (97% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Raymond and Barbara Alpert Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2023
The largest 2023 recipient was Morgan Stanley Global Impact Funding Trust Inc ($9.9M). Together the top 5 received $10.1M.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 13 grants of 22 (59%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 6 itemized grants.
Cities
How Raymond and Barbara Alpert Foundation gives
- Giving grew 559% from 2020 to 2023. Method
- In 2023 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 2020 to 2023, annual grant giving ranged from $201K (2021) to $10.1M (2023). In 2023 it made 6 grants totaling $10.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc Indiana Polis, IN | General Support | $9,855,793 |
| jewish federation of greater Long Beach Long Beach, CA | 1) DESCRIPTION: 275.538 SHARES OF Skybridge MUL-AD SECURITIES (2) DATE OF THE GIFT: 03/29/2023 (3) PURPOSE: GENERAL SUPPORT | $205,946 |
| Jewish Family & Children's Service Inc Waltham, MA | General Support | $25,000 |
| Concern Foundation Los Angeles, CA | General Support | $13,000 |
| Hias Inc Silver Spring, MD | General Support | $10,000 |
| jewish federation of greater Long Beach Long Beach, CA | General Support | $8,487 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $773,693 | $10,136,094 | $10,118,226 | 6 | $10,120,115 | $781,536 | $223,463 |
| 2022 | $9,293,241 | $250,374 | $373,487 | $283,000 | 6 | $290,710 | $192,576 | $502,817 |
| 2021 | $9,423,761 | $726,523 | $295,440 | $201,000 | 2 | $205,243 | $712,720 | $546,479 |
| 2020 | $8,998,543 | $3,113,270 | $1,654,496 | $1,534,930 | 8 | — | $144,214 | $538,859 |
Under IRS private-foundation payout rules, Raymond and Barbara Alpert Foundation reported a distributable amount of $223K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Raymond and Barbara Alpert Foundation is led by Alan Alpert, Director & President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Alan Alpert
Director & President
On filings since 2020
1 hr/week
No compensation reported
Nancy Alpert
Director
On filings since 2020
1 hr/week
No compensation reported
Teri Alpert
Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Raymond and Barbara Alpert Foundation
How much does Raymond and Barbara Alpert Foundation give each year?
Raymond and Barbara Alpert Foundation gave $10.1M across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $283K across 6 grants.
What is Raymond and Barbara Alpert Foundation's typical grant size?
Raymond and Barbara Alpert Foundation's median grant in 2023 was $19,000, and its average grant was $1,686,371, across 6 grants on its 2023 IRS Form 990-PF.
Where does Raymond and Barbara Alpert Foundation give grants?
Raymond and Barbara Alpert Foundation gives mostly in Indiana: 97% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Long Beach, CA (2 grants).
Does Raymond and Barbara Alpert Foundation give general operating support?
Yes: 100% of Raymond and Barbara Alpert Foundation's 2023 grants with a stated purpose (6 of 6) were for general or operating support, per its 2023 IRS Form 990-PF.
Who are Raymond and Barbara Alpert Foundation's largest grantees?
Raymond and Barbara Alpert Foundation's largest 2023 grantees include Morgan Stanley Global Impact Funding Trust Inc ($9,855,793), jewish federation of greater Long Beach ($214,433 across 2 grants) and Jewish Family & Children's Service Inc ($25,000), according to its 2023 IRS Form 990-PF.
How much is Raymond and Barbara Alpert Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Raymond and Barbara Alpert Foundation reported a distributable amount of $223K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raymond and Barbara Alpert Foundation's EIN?
Raymond and Barbara Alpert Foundation's EIN (Employer Identification Number) is 95-4541253. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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