The Foundation for Alger Families

Foundation · Grantmaker NEW YORK, NY EIN: 31-1800635

The Foundation for Alger Families is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $142K. Net investment income was $53K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$142K

+1.3% YoY

Grant Count

3

-50.0% YoY

Avg Grant Size

$47K

+102.5% YoY

Under IRS private-foundation payout rules, The Foundation for Alger Families reported a distributable amount of $771 for 2023 — the minimum it must pay out in qualifying distributions.

About The Foundation for Alger Families

Based on IRS filings

The Foundation for Alger Families is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $142K. Net investment income was $53K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ArlingtonBethlehemBrooklynCarlisleHanoverPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K2020202120222023
Metric202320222021
Total Assets$75,286$65,156
Revenue$53,013$150,829$150,000
Expenses$150,008$140,699$133,049
Qualifying Distributions$142,483$140,699$133,049
Net Investment Income$53,013$829
Distributable Amount$771$5,027$3,375

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$91K$137K$182K9 grants20208 grants20216 grants20223 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

NATURE CONSERVANCY$77KDARTMOUTH COLLEGE - FBOVK$40KTARGET MARGIN THEATER - …$25K

Grant Size Distribution

26 grants across all recorded years

25<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Nature Conservancy ($77,025), Dartmouth College - Fbovk ($40,458), Target Margin Theater - Brooklyn Performing Arts Center ($25,000).

RecipientPurposeAmount
DARTMOUTH COLLEGE - FBOVK HANOVER, NHTUITION$40,458
TARGET MARGIN THEATER - BROOKLYN PERFORMING ARTS CENTER BROOKLYN, NYOPERATIONS$25,000
NATURE CONSERVANCY ARLINGTON, VAOPERATIONS$77,025

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
HAL LIEBESDIRECTOR
DANIEL CHUNGDIRECTOR
ROBERT KINCELDIRECTOR1

Frequently Asked Questions

Where does The Foundation for Alger Families operate?

The Foundation for Alger Families has awarded grants in New Hampshire, New Jersey, New York, Pennsylvania, Virginia.

What size grants does The Foundation for Alger Families award?

In 2023, The Foundation for Alger Families awarded 3 grants totaling $142K — an average of about $47K per grant, based on its IRS Form 990 filings.

How much is The Foundation for Alger Families required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Foundation for Alger Families reported a distributable amount of $771 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Foundation for Alger Families's EIN?

The Foundation for Alger Families's EIN (Employer Identification Number) is 31-1800635. IRS Form 990 filing data is available on this page for 2020–2023.

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

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