The First Alliance Foundation

New York, NYPrivate foundation / grantmaker EIN 82-5433738Revenue $50K in FY2024

On file with the IRSthefirstalliance.org1120 Avenue of the Americas 4th FL · New York, NY

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

$187K paid to officers and key staff.
Pay: Part VII

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $521K a year · 66% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
990-PF Pt I · 4 filings
Pay to officers and key staff
$187K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
990-PF Pt VIII
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$50K
-94% vs prior year
Spent
$3.2M
Net assets
$0
By yearFY2021–FY2024
Revenue
$50K
FY2024▼ -94%
Tap a bar for its year
Revenue by fiscal year
FY2021$737K
FY2022$1.5M
FY2023$907K
FY2024$50K
Expenses
$3.2M
FY2024▲ +88%
Tap a bar for its year
Expenses by fiscal year
FY2021$225K
FY2022$164K
FY2023$1.7M
FY2024$3.2M
Net assets
$0
FY2024▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2021$2.6M
FY2022$3.9M
FY2023$3.1M
FY2024$0

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 82% · $2.6M Operating & administrative 18% · $557K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990-PF; $187K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2024 filing did not itemize Part VII
$176,605Pt VII · Sec A
Advisory Board Member
$5,000Pt VII · Sec A
$5,000Pt VII · Sec A
Advisory Board Member
$0Pt VII · Sec A
Advisory Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Advisory Board Member
$0Pt VII · Sec A
Advisory Board Member
$0Pt VII · Sec A
See The First Alliance Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Programs and updates

A private foundation based in New York, NY.

Questions for The First Alliance Foundation

Tap to ask. The First Alliance Foundation sees how many people are interested.

Your first name shows with your question. The First Alliance Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 14 grants · $2.6M · 2024–2024
Cranbrook SchoolFY2024$793,500
Individual RecipientFY2024$500,000
Individual RecipientFY2024$250,000
Individual RecipientFY2024$250,000
Museum of MarbleheadFY2024$100,000
Kellogg School of ManagementFY2024$100,000
Penn Institute of Economic ResearchFY2024$100,000
Middlebury CollegeFY2024$100,000
Musee De Lordre De Liberation (musee De L'Armee)FY2024$100,000
Center for Maritime StrategyFY2024$100,000
The Eisenhower FoundationKS · FY2024$100,000
Marine Corps Scholarship FoundationFY2024$100,000
Normandy InstituteNY · FY2024$10,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV3
Average grantPart XV$187K
Median grantPart XV$100K
Largest grantPart XV$794K
Top cause focusNTEEInternational (14%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$50K
Investment income$50K
Money out
$3.2M
Grants paid$2.6M
Running costs$557K
Owns and owes
$0
net assets
Total assets$0
Liabilities$0
People
9
listed
Paid3
2In more detail
Revenue in detail
Investment income$50K
Total revenue$50K
Assets in detailEnd of year
Total assets$0
Liabilities$0
Net assets$0
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $50K$3.2M−$3.1M$0 990 PDF
FY2023 $907K$1.7M−$781K$3.1M 990 PDF
FY2022 $1.5M$164K$1.3M$3.9M 990 PDF
FY2021 $737K$225K$512K$2.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.