Alphadyne Foundation
- Assets
- $456.0
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-1674725
Organization Overview
Alphadyne Foundation is located in New York, NY. 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. Alphadyne 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 12/2022, Alphadyne Foundation generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.6%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (33.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alphadyne Foundation has awarded 60 individual grants totaling $16,899,627. 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 |
|---|---|---|---|
Jean-Louis Russo Treasurer/secretary | 1 | $0 | |
Helen Kim Chung Director | 1 | $0 | |
Joseph Regan Director | 1 | $0 | |
Philippe Khuong-Huu Director/president | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,992,639 |
| Interest on Savings | $61 |
| 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 | $1,992,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,969 |
| Total operating and administrative expenses | $80,085 |
| Contributions, gifts, grants paid | $1,912,580 |
| Total expenses and disbursements | $1,992,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $456 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $456 |
| 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, Alphadyne Foundation has awarded $1,912,580 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKLYN KINDERGARTEN SOCIETY PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $100,000 |
KAUFMAN MUSIC CENTER PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $42,580 |
LEADERSHIP ROUNDTABLE PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $25,000 |
KAATSBAAN INTERNATIONAL DANCE CENTER INC PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $100,000 |
NORTH SHORE MUSIC ALLIANCE INC (NORTH SHORE CHAMBER MUSIC FESTIVAL) PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $75,000 |
NATIONAL SAWDUST PURPOSE: TO SUPPORT THE CHARITY'S MISSION | $150,000 |