The Alberto Foundation

MONTGOMERY, NY EIN: 13-3919996

The Alberto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTGOMERY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $719K in total assets. In 2024, it awarded 14 grants totaling $60K. Net investment income was $57K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$719K

+8.6% YoY

Annual Giving

$60K

+20.0% YoY

Grant Count

14

+16.7% YoY

Avg Grant Size

$4K

+2.9% YoY

About The Alberto Foundation

Based on IRS filings

The Alberto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTGOMERY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $719K in total assets. In 2024, it awarded 14 grants totaling $60K. Net investment income was $57K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

DealEast HanoverFlorham ParkHillsideIselinLivingstonMetuchenMorristownNewarkPiscatawaySouth OrangeTriangleWatchungWest OrangeWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$41K$61K$82K20202021202220232024
Metric202420232022
Total Assets$719,326$662,073$622,479
Revenue$61,897$30,580$-5,128
Expenses$4,644$54,099$53,016
Qualifying Distributions
Net Investment Income$57,253$26,481$2,121
Distributable Amount$46,579$41,233$42,730

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$60K11 grants202011 grants202113 grants202212 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SETON HALL UNIVERSITY$15KST BARNABUS MEDICAL CTR$15KRACHEL FOUNDATION$10KST PHILOMENAS CHURCH$8KCFBNJ$3KMARINE TOYS FOR TOTS FOUND$3KSETON HALL PREP$3KPOPCORN FOR PEOPLE$1KNEMOURS CHILDREN$1KGREATER NEWARK HOLIDAY FD$500

Grant Size Distribution

61 grants across all recorded years

61<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOAN ALBERTOPRESIDENT0.5
STEVE ALBERTOVP0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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