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.
The Robert & Lynda Altman Family at a glance
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.
- Annual giving (2024)
- $1,401,103
- -76.3% vs 2023
- Grants made (2024)
- 8
- +100.0% vs 2023
- Average grant
- $175,138
- -88.2% vs 2023
- Median grant
- $205,064
- Total assets
- $227,817,377
- +5.5% vs 2023
- Primary geography
- Maryland (86% 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 Robert & Lynda Altman Family funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
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.
Giving History
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.
Grants by year
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 |
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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 | $227,817,377 | $14,595,246 | $3,492,312 | $1,401,103 | 8 | $1,427,247 | $12,549,027 | $7,707,983 |
| 2023 | $215,888,523 | $4,934,357 | $7,745,663 | $5,924,316 | 4 | $37,880 | $4,525,844 | $4,568,218 |
| 2022 | $218,767,271 | $-2,021,095 | $4,971,307 | $4,525,684 | 3 | $6,984 | $2,466,128 | $10,723,235 |
| 2021 | $225,789,104 | $225,910,929 | $120,988 | — | — | $65,000,000 | $428,368 | $10,081,042 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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