Pauline Altman Foundation Inc
- Assets
- $2.4m
- Revenue
- $35.2k
- Investments
- $2.3m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 37-1529970
Organization Overview
Pauline Altman Foundation Inc is located in Houston, TX. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Pauline Altman Foundation 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 12/2022, Pauline Altman Foundation Inc generated $35.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $170.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pauline Altman Foundation Inc has awarded 66 individual grants totaling $1,042,500. 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 |
|---|---|---|---|
Bette L Goldstein President | 5 | $0 | |
Jody M Goldstein Secretary | 1 | $0 | |
Amy L Rincon Treasurer | 1 | $0 | |
Gregg L Goldstein Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,413 |
| Dividends & Interest | $69,513 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$36,677 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,249 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,214 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,684 |
| Total operating and administrative expenses | $20,798 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $170,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,620 |
| Savings and temporary cash investments | $0 |
| 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 | $867,436 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $922 |
| Total assets | $2,413,801 |
| 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, Pauline Altman Foundation Inc has awarded $150,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWESTERN UNIVERSITY PURPOSE: EDUCATIONAL | $10,000 |
THE WESTVIEW SCHOOL PURPOSE: EDUCATIONAL | $15,000 |
MD ANDERSON CANCER CENTER PURPOSE: MEDICAL RESEARCH | $70,000 |
DRESS FOR SUCCESS PURPOSE: CHARITABLE | $20,000 |
JEWISH CHILDREN'S REGIONAL SERVICE PURPOSE: CHARITABLE | $5,000 |
FRIENDS OF THE ARAVA INSTITUTE PURPOSE: EDUCATIONAL | $5,000 |