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The Altschul Foundation

New York, NY · EIN 136400009 · Form 990PF · FY2024 · NTEE T31Z · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.2M
expenses
$151K
net assets
$8.3M
employees
profile · synthesized from sources

The Altschul Foundation is a private foundation based in New York that makes grants to support charitable, educational, scientific, and benevolent purposes. It funds a diverse range of nonprofit organizations, including medical research institutions, legal advocacy groups, arts organizations, and social service providers. The foundation does not operate programs directly but supports other organizations through financial grants.

named programs · 1 · from sources

What they call their work

General Grantmaking Program
Provides financial support to nonprofit organizations engaged in charitable, educational, scientific, and benevolent activities
activities · 5 groups

What they do

  • Hospital and Medical Center Support 2 activities
    • Funding higher education and university-affiliated programs
      Funds university-affiliated entities such as Friends of McGill University and NYU Dermatology Research for general charitable, benevolent, scientific, and educational purposes.
    • Funding medical and scientific research institutions
      Funds nonprofit medical and scientific research institutions, including Mass General Hospital's Multiple Sclerosis Clinic, Dana-Farber Cancer Institute, and NYU Dermatology Research, to support general charitable, benevolent, scientific, and educational purposes.
  • Art Museum Funding and Support 1 activity
    • Funding arts and cultural organizations
      Funds arts and cultural institutions, including Alvin Ailey American Dance Theatre, for general charitable, benevolent, scientific, and educational purposes.
  • Flexible Grants to Grassroots Organizations 1 activity
    • Funding community and social service nonprofits
      Funds local community-based organizations such as Food With Fam, Moms for Moms NYC, and Fountain House Inc. for general charitable, benevolent, scientific, and educational purposes.
  • Human Rights Advocacy Funding 1 activity
    • Funding legal and civil rights organizations
      Funds legal advocacy and civil rights groups, including the National Center of Philanthropy and the Law Inc., Defining Legal Gravity, and the Center for Constitutional Rights, for general charitable, benevolent, scientific, and educational purposes.
  • General Operating Support Grants 1 activity
    • Funding memorial and designated charitable funds
      Funds designated charitable vehicles such as the B I Rothstein Memorial Fund at City of Hope for general charitable, benevolent, scientific, and educational purposes.
financials · form 990PF · fy2024
revenue
Total revenue$1.19M
Contributions & grants$00%
Program service revenue
Investment income$415K35%
Other revenue$776K
expenses
Total expenses$151K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out$625K
balance sheet
Total assets$8.28M
Cash
Investments
Liabilities
Net assets$8.28M
6 years on record · 2019–2024 · YoY revenue +54.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • Daniel L Kurtz Esq — Treasurer, Trustee
  • Elizabeth Olofson — Trustee
  • Kathleen Diamant — VP, Secretary, Trustee
  • Susan Rothstein Schwimmer — President, Trustee
relationships · 12

Who they work with

  • Alvin Ailey American Dance Theatre Partner — Recipient of a $23,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • Center for Constitutional Rights Partner — Recipient of a $20,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • City of Hope (B I Rothstein Memorial Fund) Partner — Recipient of a $33,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • Dana-Farber Cancer Institute Partner — Recipient of a $35,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • Defining Legal Gravity Partner — Recipient of a $25,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • Food With Fam Partner — Recipient of a $30,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • Fountain House Inc Partner — Recipient of a $21,750 grant for general charitable, benevolent, scientific, and educational purposes.
  • Friends of McGill University Partner — Recipient of a $25,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • Mass General Hospital (Multiple Sclerosis Clinic) Partner — Recipient of a $45,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • Moms for Moms NYC Partner — Recipient of a $25,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • NYU Dermatology - Research Partner — Recipient of a $25,000 grant for general charitable, benevolent, scientific, and educational purposes.
  • National Center of Philanthropy and the Law Inc Partner — Recipient of a $40,000 grant for general charitable, benevolent, scientific, and educational purposes.