Alpern Family Foundation Inc
- Assets
- $12.3m
- Revenue
- $926.5k
- Investments
- $9.6m
- Employees
- 0
- Location
- Huntington Station, NY
- Founding
- 10/1953
- Data as of
- 12/2022
- EIN
- 13-6100302
Organization Overview
Alpern Family Foundation Inc is located in Huntington Station, NY. The organization was established in 1953. 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. Alpern Family 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, Alpern Family Foundation Inc generated $926.5k 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 (5.6%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alpern Family Foundation Inc has awarded 205 individual grants totaling $2,228,300. 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 |
|---|---|---|---|
Richard L Alpern Director | 0 | $0 | |
Jennifer Hecht Director, Secretary | 0 | $0 | |
Beth Mcnicholas Director | 0 | $0 | |
Barbara Nagel Director, President | 0 | $0 | |
Catherine C Oetgen Director | 0 | $0 | |
Rochelle A Rubin Director, Executive Director | 25 | $66,300 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shufro Rose & Co Llc | 12/30/21 | $55,959 |
Jpmorgan Chase Bank Na | 12/30/21 | $52,206 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,963 |
| Dividends & Interest | $328,423 |
| Net Rental Income | -$81,847 |
| Net Gain on Sale of Assets | $521,242 |
| Capital Gain Net Income | $521,242 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $926,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $104,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $22,278 |
| Interest | $0 |
| Taxes | $11,088 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $151,608 |
| Total operating and administrative expenses | $415,107 |
| Contributions, gifts, grants paid | $712,650 |
| Total expenses and disbursements | $1,127,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,315,491 |
| 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 | $440,217 |
| Total assets | $12,331,078 |
| 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, Alpern Family Foundation Inc has awarded $712,650 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
ADELPHI BREAST CANCER HOTLINE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
ALLIANCE FOR JUSTICE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
BOTTOM LINE INC PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
BRENNAN CENTER FOR JUSTICE PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
BRONX WORKS PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
ARTISTIC REALIZATIONS TECHNOLOGIES PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |