Skip to content

New York · Nonprofit

ALTNEU FOUNDATION CORPORATION

ALTNEU FOUNDATION CORPORATION (New York) receives grants from 6 organizations whose IRS filings report $17,399,988 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($16,230,000). 2 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$24M
Funders on record
6
Grants received
$17M
Net assets
$23M
2/6 repeat funders
01What it does

What Altneu Foundation Corporation does

Mission

The foundation owns a building which is made available to the altneu synagogue, another 501(c)(3) religious organization for worship and other religious uses. Providing a facility to the congregation furthers the organization's religous purpose.

As stated on its FY2024 Form 990.

Program

  1. The foundation owns a building which is made available to the altneu synagogue, another 501(c)(3) religious organization for worship and other religious uses. Providing a facility to the congregation furthers the organization's religous purpose.

    $799,873 spent$23,674,545 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $799,873.

02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 98% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ALTNEU FOUNDATION CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ALTNEU FOUNDATION CORPORATION leans on a few funders — its largest provides 93% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ALTNEU FOUNDATION CORPORATION.

93%
largest funder
99%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

98% of ALTNEU FOUNDATION CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $383k that is directly attributable, 100% of it comes from New York funders.

NY

Funder states come from each funder’s own filing. $17M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Against its field

ALTNEU FOUNDATION CORPORATION holds deeper cash reserves than three-quarters of the 249 religion nonprofits its size.

Operating margin97% · outside the comparable range
Months of reserve30.2mo · top quartile

this organization peer median middle 50% of peers· 249 religion nonprofits $10M–$100M, FY2024

Organizations like ALTNEU FOUNDATION CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 2 related entities

  • Altneu Building LLC · disregarded
  • The Altneu · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ALTNEU FOUNDATION CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ALTNEU FOUNDATION CORPORATION?
ALTNEU FOUNDATION CORPORATION (New York) receives grants from 6 organizations whose IRS filings report $17,399,988 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($16,230,000). 2 of them have funded it in more than one year, and 98% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ALTNEU FOUNDATION CORPORATION have?
IRS filings report 6 organizations giving $17,399,988 in grants to ALTNEU FOUNDATION CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of ALTNEU FOUNDATION CORPORATION?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $16,230,000 in grants. The full list of funders is on this page.
How can an organization like ALTNEU FOUNDATION CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Altneu →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2024–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing