The Alphadyne Foundation
Preselected recipients only
The Alphadyne Foundation is a private foundation in New York, New York. In tax year 2024 it gave $2.1 million in 34 grants; the typical grant was $25,000 and the largest $500,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.1 million
- Number of grants34
- Typical grant$25,000
- Largest grant$500,000
- Assets$20.0 million
- New grantees82%
Giving in 2024 was up from $921,000 the year before.
82% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $921,000 | 16 | $17.0 million |
| 2024 | $2.1 million | 34 | $20.0 million |
How to apply
The Alphadyne Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Alphadyne Foundation funds
Where it gives
Its grants went to recipients in 7 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 26 | $1.8 million |
| California | 1 | $120,000 |
| Illinois | 1 | $75,000 |
| Massachusetts | 3 | $68,000 |
| Minnesota | 1 | $25,000 |
| Virginia | 1 | $20,000 |
| Indiana | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Bronx Foundation | General support | $500,000 |
| Original Music Workshop Aka National Sawdust | General support | $333,600 |
| Pursuit Transformation Company Inc | General support | $150,000 |
| Low Income Investment Fund | General support | $120,000 |
| Harlem Entrepreneurial Fund | General support | $100,000 |
| New York Shakespeare Festival DBA the Public Theater | General support | $100,000 |
| The Hope Program | General support | $100,000 |
| American Friends of Keshet Eilon Inc | General support | $75,000 |
| North Shore Music Alliance NFP | General support | $75,000 |
| Musica Mundi School | General support | $55,000 |
| Kaatsbaan International Dance Center Inc | General support | $50,000 |
| Kaufman Music Center | General support | $50,000 |
| Cellobello | General support | $38,000 |
| Alvin Ailey Dance Foundation | General support | $25,000 |
| American Friends of the Oxford Philharmonic Orchestra | General support | $25,000 |
| Baryshnikov Arts Center Inc | General support | $25,000 |
| Chamber Music Society of Lincoln Center Inc | General support | $25,000 |
| Concert Artists Guild Inc | General support | $25,000 |
| Dance Theatre of Harlem Inc | General support | $25,000 |
| Education Through Music | General support | $25,000 |
| Jacob's Pillow Dance Festival Inc | General support | $25,000 |
| Minnesota Opera | General support | $25,000 |
| New York Public Radio | General support | $25,000 |
| Cathedral Church of St John the Divine | General support | $25,000 |
| Visionintoart | General support | $25,000 |
| Heifetz International Music Institute | General support | $20,000 |
| American Pianists Association | General support | $10,000 |
| Beth Morrison Projects Inc DBA BMP | General support | $10,000 |
| Concordia Conservatory | General support | $10,000 |
| Israeli Chamber Project | General support | $10,000 |
| International Sejong Soloists Inc DBA Sejong Soloists | General support | $10,000 |
| The Young People's Chorus of New York City | General support | $10,000 |
| Celebrity Series of Boston | General support | $5,000 |
| Hudson Opera House Inc (DBA Hudson Hall) | General support | $5,000 |
Officers and trustees
- Jean-Louis Russo
- Helen Kim Chung
- Joseph Regan Resig 6-30-24
- Philippe Khuong-Huu
Questions people ask
Does The Alphadyne Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Alphadyne Foundation give?
$2.1 million in tax year 2024, across 34 grants, with a typical grant of $25,000.
Who runs The Alphadyne Foundation?
Its 2024 filing lists Jean-Louis Russo (Treasurer), Helen Kim Chung (Director), Joseph Regan Resig 6-30-24 (Director) and Philippe Khuong-Huu (Director).
What does The Alphadyne Foundation fund?
Based on its grants, mainly arts and culture, international and education.