Alphadyne Foundation
- Assets
- $421.0
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2021
- 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 12/2021, Alphadyne Foundation generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (27.8%) each year. All expenses for the organization totaled $8.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alphadyne Foundation has awarded 53 individual grants totaling $21,744,647. 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 |
|---|---|---|---|
Philippe Khuong-Huu Director/president | 1 | $0 | |
Helen Kim Chung Director | 1 | $0 | |
Joseph Regan Director | 1 | $0 | |
Jean-Louis Russo Treasurer/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,219,026 |
| Interest on Savings | $198 |
| 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 | $5,219,224 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $66 |
| Printing and publications | $0 |
| Other expenses | $33,348 |
| Total operating and administrative expenses | $139,582 |
| Contributions, gifts, grants paid | $8,229,447 |
| Total expenses and disbursements | $8,369,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $421 |
| 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 | $421 |
| 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 $8,229,447 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
THE BRONX FOUNDATION PURPOSE: TO PROVIDE NEEDY PEOPLE WITH ASSISTANCE OF FOOD AND SUPPLIES. | $1,000,000 |
RETHINK FOOD NYCINC PURPOSE: TO PROVIDE LOW OR NO-COST MEALS TO NEW YORK CITY FAMILIES IN NEED. | $1,000,000 |
KAUFMAN MUSIC CENTER PURPOSE: PARTICIPATION IN MUSIC THROUGH MUSIC PERFORMACE AND EDUCATION IN WAYS THAT AWAKEN CREATIVITY, ADVANCE INNOVATION AND CREATE A SENCSE OF WONDER AMONG PERFORMERS, STUDENTS,TEACHERS AND PUBLIC AT LARGE | $834,529 |
New York, NY PURPOSE: TO DELIVER A WIDE RANGE OF SOCIAL SERVICES, ARTS AND HEALTH CARE PROGRAMS TO NEW YORKERS | $750,000 |
New York, NY PURPOSE: PROVIDES DIRECT FINANCING AND TECHNICAL ASSISTANCE SERVICES THROUGHT NEW YORK CITY, FOCUSES ON LOW-INCOME, IMMIGRANT NEIGHBORHOODS WHERE THE BARRIERS OF LANGUAGE, CULTURE AND CONVENTIONAL LOAN UNDERWRITING HAVE STYMIED THE GROWTH OF SMALL BUSINESS | $625,000 |
New York, NY PURPOSE: COMMUNITY DEEVELOPMENT FINANCIAL INSTITUTION TO BRING NEW APPROACHES TO COMMUNITY FINANCE IN THE CONTEXT OF HEALTHCARE REFORM, TO PROVIDE FLEXIBLE FINANCING AND TARGETED DEVELOPMENT SERVICES TO CATALYZE QUALITY CARE AND GOOD HEALTHCARE JOBS IN LOW INCOME COMMUNITIES | $625,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alphadyne Foundation has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Shemesh Joester Foundation New York, NY PURPOSE: GETTING TO CARNEGIE COMPETITION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |