The Foundation for Alger Families
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.
The Foundation for Alger Families at a glance
In short: The Foundation for Alger Families gave $142K across 3 grants in 2023 (avg $47K), mostly in Virginia. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $142,483
- +1.3% vs 2022
- Grants made (2023)
- 3
- -50.0% vs 2022
- Average grant
- $47,494
- +102.5% vs 2022
- Median grant
- $40,458
- Primary geography
- Virginia (54% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who The Foundation for Alger Families funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Nature Conservancy ($77K). Together the top 2 received $102K.
Organizations only. It also paid 1 individual scholarship ($40,458), which are not listed by name.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 25 grants of 26 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
Cities
How The Foundation for Alger Families gives
- Giving fell 22% from 2020 to 2023. Method
- In 2023 it paid out well above 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 2023, annual grant giving ranged from $133K (2021) to $182K (2020). In 2023 it made 3 grants totaling $142K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nature Conservancy Arlington, VA | Operations | $77,025 |
| 1 individual scholarship Recipients not named | — | $40,458 |
| Target Margin Theater - Brooklyn Performing Arts Center Brooklyn, NY | Operations | $25,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $53,013 | $150,008 | $142,483 | 3 | $142,483 | $53,013 | $771 |
| 2022 | $75,286 | $150,829 | $140,699 | $140,699 | 6 | $140,699 | $829 | $5,027 |
| 2021 | $65,156 | $150,000 | $133,049 | $133,049 | 8 | $133,049 | — | $3,375 |
| 2020 | $48,205 | $200,019 | $182,343 | $182,343 | 9 | — | $19 | $5,551 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Foundation for Alger Families's 2023 filing lists 3 officers; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Daniel Chung
Director
On filings since 2020
No compensation reported
Hal Liebes
Director
On filings since 2020
No compensation reported
Robert Kincel
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Foundation for Alger Families
How much does The Foundation for Alger Families give each year?
The Foundation for Alger Families gave $142K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $141K across 6 grants.
What is The Foundation for Alger Families's typical grant size?
The Foundation for Alger Families's median grant in 2023 was $40,458, and its average grant was $47,494, across 3 grants on its 2023 IRS Form 990-PF.
Where does The Foundation for Alger Families give grants?
The Foundation for Alger Families gives mostly in Virginia: 54% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were New Hampshire (28%) and New York (18%).
Does The Foundation for Alger Families give general operating support?
Not in 2023: none of the 3 grants with a stated purpose on The Foundation for Alger Families's 2023 IRS Form 990-PF were described as general or operating support.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- IRS filings on file for fiscal years 2020–2023
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Figures come from The Foundation for Alger Families's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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