Samuel & Nancy Jo Altschuler Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 84-3187437

The Samuel & Nancy Jo Altschuler Family is a private foundation based in Wilmington, Delaware. Its 2024 grants supported educational scholarships, medical programs, community organizations, and other charitable recipients, with most grant dollars going to organizations in Massachusetts.

Key facts about Samuel & Nancy Jo Altschuler Family Foundation

In short: Samuel & Nancy Jo Altschuler Family Foundation gave $363K across 29 grants in 2024 (avg $13K), mostly in Massachusetts. 22% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
84-3187437
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$362,500
Grants made (2024)
29
Average grant
$12,500
Median grant
$5,000
New grantees (estimate)
22% first-time grantees (6 of 27, 2024)
Total assets
$6,468,683
Primary geography
Massachusetts (90% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.5M

-1.6% YoY

Annual Giving

$363K

+20.8% YoY

Grant Count

29

+16.0% YoY

Avg Grant Size

$13K

+4.2% YoY

Under IRS private-foundation payout rules, Samuel & Nancy Jo Altschuler Family Foundation reported a distributable amount of $399K for 2024 — the minimum it must pay out in qualifying distributions.

Is Samuel & Nancy Jo Altschuler Family Foundation open to new grantees?

22%

first-time grantees, 2024

In 2024, 6 of 27 grantees (22%) were first-time recipients. First grants averaged $11K; repeat grants $14K. How we count

Medians: $5K first-time, $10K repeat.

  • 74% of 2024 grantees were also funded in 2023. Method
  • Giving grew 24% from 2021 to 2024. Method
  • In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its grants show support for scholarships and education, health-related programs, community services, and arts and cultural organizations.

The grantees describe their own work in varied ways. Wentworth Institute of Technology says it empowers students through experiential learning and career-focused education; the Catholic Schools Foundation says it helps families with demonstrated financial need access Catholic education; and Landmark School says it serves students with language-based learning disabilities. Other supported organizations include World Central Kitchen, which provides meals in response to crises, and Boston Lyric Opera, which connects communities through performances and programs.

Grantmaking

In 2024, the foundation reported 29 grants totaling $362,500. Grants ranged from $1,500 to $50,000, with a median of $5,000.

Among the largest 2024 grants were $50,000 to Northeastern University for the Torch Scholars program and the Sam and Nancy Altschuler Business School Scholarship fund; $40,000 to the Foundation of the Massachusetts Eye and Ear Infirmary for general and unrestricted support and named programs; and $37,500 to Hancock United Church of Christ for general and unrestricted purposes. Other notable grants included $25,000 each to the Catholic Schools Foundation for a scholarship fund, Brigham & Women’s Hospital for a trial initiative, and Wentworth Institute of Technology for the Samuel and Nancy Jo Altschuler Scholarship Fund.

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2024, Massachusetts organizations received 90% of the foundation’s grant dollars. Organizations in New York and Washington, DC, each received 4%; Florida and California each received 1%.

Grant Distribution by State

7states

Share of 2024 grant dollars across all 29 itemized grants.

Cities

BostonLexingtonSomervilleNewtonNew YorkWalthamWest NyackCambridgeLawrencePrides CrossingWashingtonMedfordSan JoseSudburyBrooklineDedhamEast BostonMiamiMiddletownNew Canaan

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K15 grants2020 22 grants2021 22 grants2022 25 grants2023 29 grants2024

From 2020 to 2024, annual grant giving ranged from $216K (2020) to $363K (2024). In 2024 it made 29 grants totaling $363K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Northeastern University: $50KNortheastern University$50KFoundation of the Massachusetts Eye and Ear Infirm: $45K across 2 grantsFoundation of theMassachusetts Eye and Ear…$45K · 2 grantsThe Brigham & Womens Hospital Inc: $45K across 2 grantsThe Brigham & Womens HospitalInc$45K · 2 grantsHancock United Church of Christ: $38KHancock United Church ofChrist$38KCatholic Schools Foundation Inc: $25KCatholic Schools FoundationInc$25KWentworth Institute of Technology: $25KWentworth Institute ofTechnology$25KSpaulding Rehab Hospital Corp: $20KSpaulding Rehab Hospital Corp$20KAmerican National Red Cross: $10KAmerican National Red Cross$10KFriends of Cary Memorial Library Inc: $10KFriends of Cary MemorialLibrary Inc$10KLandmark School Inc: $10KLandmark School Inc$10K

The largest 2024 recipient was Northeastern University ($50K). Together the top 10 received $278K.

Grant Size Distribution

113 grants across all recorded years

108<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 108 grants of 113 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Northeastern University Boston, MAthe Torch Scholars program and Sam and Nancy Altschuler Business School Scholarship fund$50,000
Foundation of the Massachusetts Eye and Ear Infirm Somerville, MAgeneral & unrestricted, the samuel and nancy jo Altschuler Lab, the Lancaster Course fund$40,000
Hancock United Church of Christ Lexington, MAGeneral & Unrestricted$37,500
Catholic Schools Foundation Inc Boston, MAscholarship fund$25,000
The Brigham & Womens Hospital Inc Boston, MAtrial initiative run by Dr. Khurana$25,000
Wentworth Institute of Technology Boston, MASamuel and Nancy Jo Altschuler Scholarship Fund$25,000
Spaulding Rehab Hospital Corp Cambridge, MASeacole Scholarship fund$20,000
The Brigham & Womens Hospital Inc Boston, MANeurotherapeutics Innovation Fund$20,000
American National Red Cross Dedham, MAGeneral & Unrestricted$10,000
Friends of Cary Memorial Library Inc Lexington, MAGeneral & Unrestricted$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $6,468,683 $278,985 $386,765 $362,500
2023 $6,576,463 $274,982 $323,903 $300,000
2022 $6,625,384 $197,147 $319,042 $297,500
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$6,468,683$6,576,463$6,625,384
Revenue$278,985$274,982$197,147
Expenses$386,765$323,903$319,042
Qualifying Distributions$382,865$319,303$317,054
Net Investment Income$278,985$274,982$197,147
Distributable Amount$398,729$358,668$356,963

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

Leadership team and compensation from IRS filings

James S Altschuler is listed as Director, President, Secretary, and Treasurer.

Samuel & Nancy Jo Altschuler Family Foundation is led by James S Altschuler, Director, President, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • James S Altschuler

    Director, President, Secretary & Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

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.

Contact

Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754

Frequently asked questions about Samuel & Nancy Jo Altschuler Family Foundation

How much does Samuel & Nancy Jo Altschuler Family Foundation give each year?

Samuel & Nancy Jo Altschuler Family Foundation gave $363K across 29 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $300K across 25 grants.

What is Samuel & Nancy Jo Altschuler Family Foundation's typical grant size?

Samuel & Nancy Jo Altschuler Family Foundation's median grant in 2024 was $5,000, and its average grant was $12,500, across 29 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Samuel & Nancy Jo Altschuler Family Foundation that year got $11K on average.

Where does Samuel & Nancy Jo Altschuler Family Foundation give grants?

Samuel & Nancy Jo Altschuler Family Foundation gives mostly in Massachusetts: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (8 grants), Lexington, MA (3 grants), Somerville, MA (2 grants) and Washington, DC (2 grants).

Does Samuel & Nancy Jo Altschuler Family Foundation give general operating support?

Yes: 66% of Samuel & Nancy Jo Altschuler Family Foundation's 2024 grants with a stated purpose (19 of 29) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Samuel & Nancy Jo Altschuler Family Foundation's largest grantees?

Samuel & Nancy Jo Altschuler Family Foundation's largest 2024 grantees include Northeastern University ($50,000), Foundation of the Massachusetts Eye and Ear Infirm ($45,000 across 2 grants) and The Brigham & Womens Hospital Inc ($45,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 39% of its itemized 2024 grant dollars.

How large is Samuel & Nancy Jo Altschuler Family Foundation?

Samuel & Nancy Jo Altschuler Family Foundation reported $6.5M in total assets on its 2024 IRS Form 990-PF. It paid out $383K in qualifying distributions that year, against a required minimum of $399K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Samuel & Nancy Jo Altschuler Family Foundation fund?

No mission statement for the foundation is provided. Its grants show support for scholarships and education, health-related programs, community services, and arts and cultural organizations. See mission & focus areas ↑

How do I apply for a grant from Samuel & Nancy Jo Altschuler Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Samuel & Nancy Jo Altschuler Family Foundation's EIN?

Samuel & Nancy Jo Altschuler Family Foundation's EIN (Employer Identification Number) is 84-3187437. IRS Form 990 filing data is available on this page for 2020–2024.

Does Samuel & Nancy Jo Altschuler Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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