Sigma Alpha Mu Foundation Inc

SYRACUSE, NY EIN: 13-6120929

Sigma Alpha Mu Foundation Inc is a private foundation, based in SYRACUSE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $33K. Net investment income was $38K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-1.9% YoY

Annual Giving

$33K

+85.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$33K

+85.7% YoY

Under IRS private-foundation payout rules, Sigma Alpha Mu Foundation Inc reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

About Sigma Alpha Mu Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $80K (100%)

States

New York

Cities

Syracuse

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,261,732	$1,286,409	$1,262,940
Revenue	$8,395	$41,129	$39,829
Expenses	$33,072	$17,500	$1,738
Qualifying Distributions	$32,500	$17,500	—
Net Investment Income	$38,100	$41,129	$38,091
Distributable Amount	$47,202	$42,881	$70,438

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Syracuse University ($32,500).

Recipient	Purpose	Amount
SYRACUSE UNIVERSITY SYRACUSE, NY	SCHOLARSHIPSFOR UNIVERSITYSTUDENTS	$32,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT FAGENSON	PRESIDENT	1	—
SCOTT BLOOM	VICE PRESIDENT	1	—
JASON HELFSTEIN	SECRETARY	1	—
CLIFF MENDELSON	TREASURER	1	—

Frequently Asked Questions

How large is Sigma Alpha Mu Foundation Inc?

As of 2024, Sigma Alpha Mu Foundation Inc holds $1.3M in total assets with $8K in annual revenue. It awarded 1 grants totaling $33K in 2024.

Where does Sigma Alpha Mu Foundation Inc operate?

Sigma Alpha Mu Foundation Inc has awarded grants in New York.

What size grants does Sigma Alpha Mu Foundation Inc award?

In 2024, Sigma Alpha Mu Foundation Inc awarded 1 grants totaling $33K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is Sigma Alpha Mu Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sigma Alpha Mu Foundation Inc reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.