The Robert & Lynda Altman Family
The Robert & Lynda Altman Family is a private foundation, based in Baltimore, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $227.8M in total assets. In 2024, it awarded 8 grants totaling $1.4M. Net investment income was $12.5M.
Key facts about The Robert & Lynda Altman Family
In short: The Robert & Lynda Altman Family gave $1.4M across 8 grants in 2024 (avg $175K), mostly in Maryland. Source: 2024 IRS Form 990-PF.
- EIN
- 87-3339629
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,401,103
- Grants made (2024)
- 8
- Average grant
- $175,138
- Median grant
- $205,064
- Total assets
- $227,817,377
- Primary geography
- Maryland (86% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$227.8M
+5.5% YoY
Annual Giving
$1.4M
-76.3% YoY
Grant Count
8
+100.0% YoY
Avg Grant Size
$175K
-88.2% YoY
Under IRS private-foundation payout rules, The Robert & Lynda Altman Family reported a distributable amount of $7.7M for 2024 — the minimum it must pay out in qualifying distributions.
How The Robert & Lynda Altman Family gives
- In 2024 it paid out 19% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1.4M (2024) to $5.9M (2023). In 2024 it made 8 grants totaling $1.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Landon School ($1.2M across 7 grants). Together the top 2 received $1.4M.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $100–250K range: 7 grants of 15 (47%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Landon School Bethesda, MD | General purpose - grant made in publicly traded stock | $386,845 |
| Landon School Bethesda, MD | General purpose - grant made in publicly traded stock | $244,183 |
| Landon School Bethesda, MD | General purpose - grant made in publicly traded stock | $235,614 |
| Landon School Bethesda, MD | General purpose - grant made in publicly traded stock | $209,257 |
| Smithsonian Institution Washington, DC | General purpose - grant made in publicly traded stock | $200,871 |
| Landon School Bethesda, MD | General purpose - grant made in publicly traded stock | $112,680 |
| Landon School Bethesda, MD | General Purpose | $7,524 |
| Landon School Bethesda, MD | General purpose - grant made in publicly traded stock | $4,129 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $227,817,377 | $215,888,523 | $218,767,271 |
| Revenue | $14,595,246 | $4,934,357 | $-2,021,095 |
| Expenses | $3,492,312 | $7,745,663 | $4,971,307 |
| Qualifying Distributions | $1,427,247 | $37,880 | $6,984 |
| Net Investment Income | $12,549,027 | $4,525,844 | $2,466,128 |
| Distributable Amount | $7,707,983 | $4,568,218 | $10,723,235 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Robert & Lynda Altman Family's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
James Altman
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Jessica Altman
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
John Emerson
Disinterested Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Lynda Carter Altman
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Marianne Schmitt Hellauer
Disinterested Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Robert & Lynda Altman Family
How much does The Robert & Lynda Altman Family give each year?
The Robert & Lynda Altman Family gave $1.4M across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.9M across 4 grants.
What is The Robert & Lynda Altman Family's typical grant size?
The Robert & Lynda Altman Family's median grant in 2024 was $205,064, and its average grant was $175,138, across 8 grants on its 2024 IRS Form 990-PF.
Where does The Robert & Lynda Altman Family give grants?
The Robert & Lynda Altman Family gives mostly in Maryland: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (14%). The most frequent recipient cities were Bethesda, MD (7 grants).
Does The Robert & Lynda Altman Family give general operating support?
Yes: 100% of The Robert & Lynda Altman Family's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Robert & Lynda Altman Family?
The Robert & Lynda Altman Family reported $227.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $7.7M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Robert & Lynda Altman Family's EIN?
The Robert & Lynda Altman Family's EIN (Employer Identification Number) is 87-3339629. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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