Altoon Sutton Memorial Fund Inc

Organization Overview

Altoon Sutton Memorial Fund Inc is located in Deal, NJ. The organization was established in 1998. 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. Altoon Sutton Memorial Fund Inc 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, Altoon Sutton Memorial Fund Inc generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (62.2%) each year. All expenses for the organization totaled $105.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Altoon Sutton Memorial Fund Inc has awarded 90 individual grants totaling $221,531. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $10,055
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $10,055

Grants Awarded

Over the last fiscal year, Altoon Sutton Memorial Fund Inc has awarded $105,171 in support to 42 organizations.

Grant RecipientAmount

EDMOND J SAFRA SYNAGOGUE

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RELIGIOUS CONGREGATION.

$19,953

SEPHARDIC MIKVEH OF MIDWOOD

Org PageRecipient Profile

New York, NY

PURPOSE: TO CONSTRUCT, OPERATE AND MAINTAIN A JEWISH RITUAL BATH (REFERRED TO IN JEWISH LAW AS A "MIKVEH") FOR THE JEWISH COMMUNITY IN NEW YORK.

$6,000

CONGREGATION BETH TORAH

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RELIGIOUS CONGREGATION.

$5,219

FRIEDA SUTTON

PURPOSE: GRANT ASSITANCE

$5,000

MIKDASH SHAUL

PURPOSE: TO FUND ORGANIZATIONS THAT HELP INDIVIDUALS STUDY TO BE RELIGIOUS JUDGES AND FUNDING FOR THE POOR.

$5,000

HILLEL YESHIVA

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RELIGIOUS CONGREGATION.

$5,000
View Grant Profile

Peer Organizations

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