The Robert & Lynda Altman Family
The Robert & Lynda Altman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About The Robert & Lynda Altman Family
Based on IRS filings
The Robert & Lynda Altman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Landon School ($386,845), Landon School ($244,183), Landon School ($235,614).
| Recipient | Purpose | Amount |
|---|---|---|
| LANDON SCHOOL BETHESDA, MD | GENERAL PURPOSE | $7,524 |
| LANDON SCHOOL BETHESDA, MD | GENERAL PURPOSE - GRANT MADE IN PUBLICLY TRADED STOCK | $112,680 |
| 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 |
| 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 | $4,129 |
| SMITHSONIAN INSTITUTION WASHINGTON, DC | GENERAL PURPOSE - GRANT MADE IN PUBLICLY TRADED STOCK | $200,871 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES ALTMAN | TRUSTEE | 0.25 | — |
| JESSICA ALTMAN | TRUSTEE | 0.25 | — |
| LYNDA CARTER ALTMAN | TRUSTEE | 0.25 | — |
| JOHN EMERSON | DISINTERESTED TRUSTEE | 0.25 | — |
| MARIANNE SCHMITT HELLAUER | DISINTERESTED TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Robert & Lynda Altman Family?
The Robert & Lynda Altman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. It holds $227.8M in total assets as of 2024.
How large is The Robert & Lynda Altman Family?
As of 2024, The Robert & Lynda Altman Family holds $227.8M in total assets with $14.6M in annual revenue. It awarded 8 grants totaling $1.4M in 2024.
Where does The Robert & Lynda Altman Family operate?
The Robert & Lynda Altman Family has awarded grants in Arizona, California, District of Columbia, Maryland.
What size grants does The Robert & Lynda Altman Family award?
In 2024, The Robert & Lynda Altman Family awarded 8 grants totaling $1.4M — an average of about $175K per grant, based on its IRS Form 990 filings.
How much is The Robert & Lynda Altman Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Robert & Lynda Altman Family reported a distributable amount of $7.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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