Alan J Schottenstein Foundation
Only null% goes to programs Strong reserves Declining revenue
Alan J Schottenstein Foundation is a 501(c)(3) organization based in Newton, Massachusetts, registered in 2024, with $86,134 in FY2024 revenue. CharityIndex grades it D.
80 Berkeley St, Newton, MA, 02465 EIN 61-2055147 Since 2024
Revenue (FY2024)
$86K
▼ 96.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$122K
Net assets
$2.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Alan J Schottenstein Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating254 mo reserves · -42% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alan J Schottenstein Foundation: 254 mo reserves · -42% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Alan J Schottenstein Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alan J Schottenstein Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 80 Berkeley St, Newton, MA, 02465
- City
- Newton
- State
- Massachusetts
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $2.7M (FY2023) to $86K (FY2024) across 2 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.6M
Operating margin
-42.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$0
Net assets
$2.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $86,134▼96.8% | $122,302▲323% | $2,589,667▼1.4% | $2,589,667▼1.4% | 990PF |
| 2023 | $2,654,723 | $28,888 | $2,625,835 | $2,625,835 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Alan J Schottenstein Foundation a legitimate nonprofit?
- Yes. Alan J Schottenstein Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-2055147, based in Newton, Massachusetts. Donations are tax-deductible.
- What is Alan J Schottenstein Foundation's EIN?
- Alan J Schottenstein Foundation's Employer Identification Number (EIN) is 61-2055147.
- How much revenue does Alan J Schottenstein Foundation report?
- Alan J Schottenstein Foundation reported $86,134 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Alan J Schottenstein Foundation have?
- CharityIndex grades Alan J Schottenstein Foundation D, based on financial health (reserves and operating margin).
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Data for Alan J Schottenstein Foundation (EIN 61-2055147) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.