Morris And Bessie Altman Foundation
- Assets
- $5.7m
- Revenue
- $3.2m
- Investments
- $5.5m
- Employees
- 0
- Location
- Shelburne, VT
- Founding
- 00/0000
- Data as of
- 06/2021
- EIN
- 03-0323120
Organization Overview
Morris And Bessie Altman Foundation is located in Shelburne, VT. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
Since 2021, Morris And Bessie Altman Foundation has awarded 57 individual grants totaling $434,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie Stern Director | 1 | $0 | |
Abbi Stern Director | 1 | $0 | |
Sarena Stern Director | 1 | $0 | |
Peter Stern Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,540,649 |
| Interest on Savings | $6 |
| Dividends & Interest | $104,923 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $594,191 |
| Capital Gain Net Income | $594,191 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,806 |
| Total Revenue | $3,243,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,256 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,028 |
| Total operating and administrative expenses | $66,284 |
| Contributions, gifts, grants paid | $434,750 |
| Total expenses and disbursements | $501,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $264,023 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,427,711 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,725,929 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Morris And Bessie Altman Foundation has awarded $434,750 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
Williston, VT PURPOSE: GENERAL | $170,000 |
SHELBURNE FARMS PURPOSE: GENERAL | $60,000 |
THE COLLECTIVE EDUCATION FUND PURPOSE: GENERAL | $50,000 |
Burlington, VT PURPOSE: GENERAL | $21,000 |
UNIVERSITY OF VERMONT PURPOSE: GENERAL | $20,000 |
SPECTRUM YOUTH & FAMILY SERVICES PURPOSE: GENERAL | $17,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Morris And Bessie Altman Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Bernice And Milton Stern Found New York, NY PURPOSE: TO FUND CHARITABLE EXEMPT PURPOSE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |