Altman Foundation
The Altman Foundation is a private New York City philanthropic foundation established in 1913 that grants to nonprofit organizations serving the five boroughs across five program areas: Education, Health, Strengthening Communities, Cultural Engagement, and Services to Not-for-Profits.
- Company typePrivate
- Founded1913
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Altman Foundation firmographics
Firmographics- Name
- Altman Foundation
- Legal name
- The Altman Foundation
- Website
- https://altmanfoundation.org
- Company type
- Private
- Founded year
- 1913
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Altman Foundation is a private New York City philanthropic foundation established in 1913 that grants to nonprofit organizations serving the five boroughs across five program areas: Education, Health, Strengthening Communities, Cultural Engagement, and Services to Not-for-Profits.
- Ownership category
- akta.pro rank
Altman Foundation industry classification
Industry- Product category
- Philanthropic Grantmaking
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- Public Charities & Grantmaking Intermediaries (BPAGAKAE)
- akta.pro secondary industry
- Community Foundations (BPAGAKAB)
Keywords
Where Altman Foundation is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Altman Foundation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Others, Personnel, Operations
Revenue model
- Foundation Endowment and Grantmaking: The Altman Foundation was established in 1913 under the will of Benjamin Altman, who bequeathed all his capital stock in B. Altman & Co. to the foundation. The foundation's endowment generates investment returns that fund grants to nonprofit organizations in New York City. The foundation also initiates program-related investments providing low-cost loans to high-performing nonprofits.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Altman Foundation product offering
Product offeringCore offering
The Altman Foundation makes grants to nonprofit organizations and initiates program-related investments (low-cost loans) for high-performing nonprofits operating within the five boroughs of New York City. Grantmaking is organized across five program areas: Education, Health, Strengthening Communities, Cultural Engagement, and Services to Not-for-Profits, with applications managed through a Fluxx-based grant portal and reviewed at five scheduled board meetings each year.
Product overview
Altman Foundation is a philanthropic organization established in 1913 under the will of Benjamin Altman. The Foundation's primary activity is grantmaking to support charitable and educational institutions in New York City, focused on five program areas: Education, Health, Strengthening Communities, Cultural Engagement, and Services to Not-for-Profits. The Foundation operates a grant portal using Fluxx software for grant applications and reporting. The Foundation does not offer technology products or services in the traditional sense; its core offering is grant funding and programmatic support to nonprofit organizations serving New York City residents.
Differentiator
Problem solved
Functional benefit
Products and services
- Education Grant Program
- Health Grant Program
- Strengthening Communities Grant Program
- Cultural Engagement Grant Program
- Services to Not-for-Profits Grant Program
- Impact Investing (Program-Related Investments)
Quantifiable outcome
- Over $370 million in grants awarded as of 2022
- +1 more outcomes
Companies that use Altman Foundation
Customer profileNamed customers16 records
Segments5 records
Ideal customer profiles5 records
Altman Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Altman Foundation partnerships and signals
Strategic signalScale indicators3 records
Recent moves7 records
Expansion highlights3 records
Altman Foundation competitors and assessment
Company assessmentBroad incumbents
- The William and Flora Hewlett Foundation: A large Menlo Park-based foundation with overlapping program areas in education, environment, and performing arts. Comparable as a private grantmaking foundation employing PRIs and a results-oriented approach.
- Open Society Foundations: A large international grantmaking foundation based in New York, with overlapping programming in education, health, and community development. Comparable in scale of grantmaking and PRI strategy.
- The Kresge Foundation: A national private foundation with similar program areas in health, education, arts/culture, and community development. Comparable as a private grantmaker deploying both grants and program-related investments.
- Carnegie Corporation of New York: A major New York-based foundation with overlapping priorities in education and democratic engagement. A larger, more internationally focused peer with similar NYC roots and education-driven grantmaking.
- Ford Foundation: A globally focused, much larger New York-based foundation with significant NYC programming. Operates broadly across the same issue areas (education, economic justice, health) as the Altman Foundation but with national and international reach.
Direct peers
- The New York Community Trust: A community foundation serving New York City and its surrounding area. Altman Foundation even funds the New York Community Trust as a grantee, and both are NYC-focused grantmakers operating in overlapping program areas.
- Tiger Foundation: A NYC-based foundation focused on poverty reduction through capacity-building grants to high-performing nonprofits, closely mirroring Altman's renewal-first, results-oriented grantmaking philosophy.
- Robin Hood Foundation: A major NYC-focused poverty-fighting foundation that makes grants and program-related investments across education, housing, health, and economic mobility — directly overlapping Altman's program areas and PRI strategy.
- The New York Foundation: A NYC community foundation funding grassroots nonprofits across the five boroughs. Closely aligned with Altman's Strengthening Communities and community-based grantmaking focus.
- Doris Duke Charitable Foundation: A national grantmaking foundation with strong arts, health, and environmental programming. Operates a results-oriented grants strategy comparable to Altman's, including PRI-style impact investing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Altman Foundation social profiles
Digital presenceAltman Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Altman Foundation leadership team
Management profileNumber of profiles
Altman Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Altman Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Altman Foundation
What does Altman Foundation do?
The Altman Foundation makes grants to nonprofit organizations and initiates program-related investments (low-cost loans) for high-performing nonprofits operating within the five boroughs of New York City. Grantmaking is organized across five program areas: Education, Health, Strengthening Communities, Cultural Engagement, and Services to Not-for-Profits, with applications managed through a Fluxx-based grant portal and reviewed at five scheduled board meetings each year.
Is Altman Foundation a public or private company?
Altman Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Altman Foundation founded?
Altman Foundation was founded in 1913. It employs 1 to 10 people.
Where is Altman Foundation based?
Altman Foundation is headquartered in New York, United States, in the North America region.
How does Altman Foundation make money?
One revenue line is on record: foundation Endowment and Grantmaking.
Who are Altman Foundation's main competitors?
Broad incumbents on record are The William and Flora Hewlett Foundation, Open Society Foundations, The Kresge Foundation, Carnegie Corporation of New York and Ford Foundation. Direct peers are The New York Community Trust, Tiger Foundation, Robin Hood Foundation, The New York Foundation and Doris Duke Charitable Foundation.
Does Altman Foundation have an API?
No public API is recorded for Altman Foundation.
What industry is Altman Foundation in?
Altman Foundation's product category is Philanthropic Grantmaking. Its primary akta.pro industry code is BPAGAKAE, Public Charities & Grantmaking Intermediaries, with a secondary code of BPAGAKAB, Community Foundations. Its NAICS code is 813211 and its SIC code is 8300.