The Altman Family Foundation Inc
The Altman Family Foundation Inc is a private foundation, 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.
The Altman Family Foundation Inc at a glance
In short: The Altman Family Foundation Inc gave $310K across 4 grants in 2024 (avg $78K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $310,000
- -3.1% vs 2023
- Grants made (2024)
- 4
- -20.0% vs 2023
- Average grant
- $77,500
- +21.1% vs 2023
- Median grant
- $100,000
- Total assets
- $3,031,902
- -6.3% vs 2023
- Primary geography
- New York (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Altman Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was All Souls CASA DEI Bambino ($100K). Together the top 4 received $310K.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was in the $100–250K range: 15 grants of 41 (37%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How The Altman Family Foundation Inc gives
- Giving fell 71% from 2021 to 2024. Method
- In 2023 it paid out 223% of 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 2024, annual grant giving ranged from $310K (2024) to $1.4M (2020). In 2024 it made 4 grants totaling $310K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| All Souls CASA DEI Bambino Miami Beach, FL | Donation | $100,000 |
| Friends of the Israeli Defense Forc New York, NY | Donation | $100,000 |
| Elementary Youth in Distress in ISR New York, NY | Donation | $100,000 |
| Chabad of Bayshore Inc Miami Beach, FL | Donation | $10,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,031,902 | $109,887 | $315,381 | $310,000 | 4 | — | $104,506 | $171,572 |
| 2023 | $3,237,396 | $309,877 | $323,933 | $320,000 | 5 | $323,925 | $5,944 | $145,467 |
| 2022 | $3,251,535 | $65,876 | $612,740 | $605,500 | 9 | $612,740 | $58,636 | $146,700 |
| 2021 | $3,798,399 | $560,369 | $1,086,640 | $1,075,000 | 10 | — | $548,729 | $184,217 |
| 2020 | $4,325,859 | $-2,084,563 | $1,411,221 | $1,365,000 | 13 | — | — | $262,593 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Altman Family Foundation Inc is led by Jeffrey A. Altman, President since 2021 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Jeffrey A. Altman
President
Director → President, 2021
On filings since 2020
5 hrs/week
No compensation reported
Former officers (2)
- Former: Beatrice Altman Veschetti (2020) — Director
- Former: Daniel Sapadin (2020) — Director
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.
Frequently asked questions about The Altman Family Foundation Inc
How much does The Altman Family Foundation Inc give each year?
The Altman Family Foundation Inc gave $310K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $320K across 5 grants.
What is The Altman Family Foundation Inc's typical grant size?
The Altman Family Foundation Inc's median grant in 2024 was $100,000, and its average grant was $77,500, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Altman Family Foundation Inc give grants?
The Altman Family Foundation Inc gives mostly in New York: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (35%). The most frequent recipient cities were New York, NY (2 grants) and Miami Beach, FL (2 grants).
Does The Altman Family Foundation Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on The Altman Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (4 grants).
How large is The Altman Family Foundation Inc?
The Altman Family Foundation Inc reported $3.0M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $110K.
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.
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 2020–2024
Live grants for the work The Altman Family Foundation Inc funds
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