The Altman Foundation

PLEASE NOTE

February 2009

As is the case with so many foundations, the value of our endowment has declined in the current economic downturn. Our Trustees are committed to maintaining grantmaking at $12 million in 2009, approximately the same level as in 2008. This $12 million includes $3.3 million already committed in multi-year pledges. Difficult choices will have to be made about what to fund in 2009, and we are giving priority consideration to current grantees seeking renewed funding. Unfortunately, this means that there is very little money left for new projects or organizations for 2009 and, we project, for 2010 as well.

That being said, we strongly believe that this economic situation will turn around and that we must be open to preparing for the future. If, after reading our guidelines and reviewing our grant lists carefully, you believe that your work is directly and measurably in line with the results we are seeking, we want to know about what you are doing. While it is highly unlikely that we will be able to fund your work at this time, we will at least know who you are when times get better. A simple letter introducing your work will suffice at this point. This does not apply to current Altman grantees, who should prepare full applications using the forms on this website as planned.

Thank you for all you do.

Karen L. Rosa
Vice President & Executive Director
Altman Foundation
521 Fifth Avenue, 35th Floor
New York, NY 10175

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Ailey Athletic Boys Program

We are glad you are interested in learning about the Altman Foundation. In the

tradition of our founder Benjamin Altman's

philanthropic interests, our mission is to support programs and institutions that enrich the quality of life in New York City, with a particular focus on initiatives that help individuals, families, and communities benefit from the services and opportunities that will enable them to achieve their full potential. On this site you will find more information about the Foundation's history and the organizations we are currently supporting, as well as guidance on how to apply for a grant.

Please note that we have refined our guidelines and instituted a new application process for organizations seeking Altman Foundation support. All proposals submitted to the Foundation after June 1, 2008 must be on the new application forms.

To learn more about our new approach click here.

Photo by Eduardo Patino, NYC
Courtesy of Alvin Ailey Dance Foundation