Altman Foundation

Organization Overview

Altman Foundation is located in New York, NY. The organization was established in 1919. 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. Altman Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Altman Foundation generated $29.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $20.4m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Altman Foundation has awarded 779 individual grants totaling $44,663,632. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Carlyle Credit Opportunities Fund
$383,234
Vintage Vii Offshore Scsp
$308,400
Two Sigma Absolute Return Cayman
$307,966
Bain Capital Special Situations Europe
$293,471
Bain Capital Distressed And Special Situations
$238,438
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $3,255
Dividends & Interest $3,131,940
Net Rental Income$0
Net Gain on Sale of Assets $25,212,746
Capital Gain Net Income $23,942,697
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,401,311
Total Revenue $29,749,252

Grants Awarded

Over the last fiscal year, Altman Foundation has awarded $15,588,399 in support to 269 organizations.

Grant RecipientAmount

THE FUND FOR PUBLIC SCHOOLS INC

Org PageRecipient Profile

New York, NY

PURPOSE: TO PROVIDE ROBUST TECHNICAL ASSISTANCE AND ONGOING SUPPORT TO SCHOOL-COMMUNITY-BASED ORGANIZATION TEAMS AS THEY PLAN AND IMPLEMENT THEIR SUMMER RISING PROGRAMS

$250,000

FUND FOR PUBLIC HEALTH IN NEW YORK INC

Org PageRecipient Profile

New York, NY

PURPOSE: TO HELP SUPPORT THE WORK OF COMMUNITY-BASED ORGANIZATIONS TO INCREASE VACCINE CONFIDENCE AND ACCESS IN LOW-INCOME COMMUNITIES HARD HIT BY COVID-19

$200,000

THE NEW YORK COMMUNITY TRUST

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT THE NEW YORK CITY WORKFORCE DEVELOPMENT FUND, A FUNDER COLLABORATIVE FOCUSED ON PROMOTING A MORE EFFECTIVE AND EQUITABLE WORKFORCE SYSTEM FOR LOW-INCOME NEW YORKERS

$200,000

COMMUNITY HEALTH CARE ASSOCIATION OF NEW YORK STATE

PURPOSE: TO SUPPORT EFFORTS TO ENHANCE COVID-19 VACCINE CONFIDENCE, ACCEPTANCE, AND ACCESS IN LOW-INCOME COMMUNITIES HARD HIT BY THE PANDEMIC

$180,000

CITY PARKS FOUNDATION INC

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT THE NYC GREEN RELIEF AND RECOVERY FUND AND SUPPORT AN ASSESSMENT OF THE POTENTIAL FOR SHARED SERVICES WITHIN THE OPEN SPACE SECTOR IN NYC

$175,000

NEW VISIONS FOR PUBLIC SCHOOLS

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT THE FURTHER DEVELOPMENT OF AN INTEGRATED COLLEGE AND CAREER POSTSECONDARY ADVISING MODEL

$175,000
View Grant Profile

Peer Organizations

Organization NameAssets
Arnhold Foundation Inc
New York, NY
$53,665,580
The Morningside Foundation
Newton Centre, MA
$11,895,776
Prudential Foundation Inc
Newark, NJ
$53,115,847
The Grace And Mercy Foundation Inc
New York, NY
$100,220,039
The Patrick J Mcgovern Foundation Inc
Boston, MA
$20,910,577
One8 Foundation
Boston, MA
$32,279,319
Peter G Peterson Foundation
New York, NY
$50,280,779
Leon Levy Foundation
New York, NY
$121,596,253
Shubert Foundation Inc
New York, NY
$57,657,953
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
Hauser Foundation Inc
New York, NY
$9,971,722

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