The Altman Family Foundation Inc

NEW YORK, NY EIN: 13-3979282

The Altman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 4 grants totaling $310K. Net investment income was $105K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

-6.3% YoY

Annual Giving

$310K

-3.1% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$78K

+21.1% YoY

Under IRS private-foundation payout rules, The Altman Family Foundation Inc reported a distributable amount of $172K for 2024 — the minimum it must pay out in qualifying distributions.

About The Altman Family Foundation Inc

Based on IRS filings

The Altman Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 4 grants totaling $310K. Net investment income was $105K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BostonHoustonKeesevilleLivingstonLos AngelesMiamiMiami BeachNew OrleansNew YorkOceansideSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$388K$776K$1M$2M20202021202220232024
Metric202420232022
Total Assets$3,031,902$3,237,396$3,251,535
Revenue$109,887$309,877$65,876
Expenses$315,381$323,933$612,740
Qualifying Distributions$323,925$612,740
Net Investment Income$104,506$5,944$58,636
Distributable Amount$171,572$145,467$146,700

Giving Over Time

Total grant dollars and number of grants per year

$0$341K$683K$1M$1M13 grants202010 grants20219 grants20225 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

ALL SOULS CASA DEI BAMBINO$100KFRIENDS OF THE ISRAELI D…$100KELEMENTARY YOUTH IN DIST…$100KCHABAD OF BAYSHORE INC$10K

Grant Size Distribution

41 grants across all recorded years

14<$50K10$50–100K15$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include All Souls Casa Dei Bambino ($100,000), Friends of the Israeli Defense Forc ($100,000), Elementary Youth in Distress in Isr ($100,000).

RecipientPurposeAmount
ALL SOULS CASA DEI BAMBINO Miami Beach, FLDONATION$100,000
FRIENDS OF THE ISRAELI DEFENSE FORC New York, NYDONATION$100,000
ELEMENTARY YOUTH IN DISTRESS IN ISR New York, NYDONATION$100,000
CHABAD OF BAYSHORE INC Miami Beach, FLDONATION$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JEFFREY A ALTMANPRESIDENT5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Altman Family Foundation Inc?

The Altman Family Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $3.0M in total assets as of 2024.

How large is The Altman Family Foundation Inc?

As of 2024, The Altman Family Foundation Inc holds $3.0M in total assets with $110K in annual revenue. It awarded 4 grants totaling $310K in 2024.

Where does The Altman Family Foundation Inc operate?

The Altman Family Foundation Inc has awarded grants in California, Florida, Louisiana, Massachusetts, New Jersey, New York, Texas.

What size grants does The Altman Family Foundation Inc award?

In 2024, The Altman Family Foundation Inc awarded 4 grants totaling $310K — an average of about $78K per grant, based on its IRS Form 990 filings.

How much is The Altman Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Altman Family Foundation Inc reported a distributable amount of $172K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Altman Family Foundation Inc's EIN?

The Altman Family Foundation Inc's EIN (Employer Identification Number) is 13-3979282. IRS Form 990 filing data is available on this page for 2020–2024.

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

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