Alterman Foundation

About Alterman Foundation

Alterman Foundation’s giving is organized around employee-nominated community grants, including its seasonal “8 Weeks of Giving” initiative, where one local organization receives support each week during the holiday period. The pattern points to a foundation that funds neighborhood nonprofits directly rather than individuals, with grants routed to organizations serving youth, mental health, homelessness, veterans, food security, and related community needs. Recent awards show a steady stream of support for Texas charities, including Corazon Ministries in San Antonio and Hope for Heroes Texas in Boerne, alongside organizations in Medina, Floresville, and other nearby communities. The foundation’s public summary also emphasizes employee participation through volunteering, nominations, and charitable support, which helps explain why its grantmaking is closely tied to local needs and staff priorities. Across the recent grants list, the foundation’s support is broad within that local frame. It backs animal shelters, children’s bereavement services, breast cancer organizations, and community resource centers, while also funding veterans-related and homelessness-related work. The grants suggest a hands-on philanthropic model with small-to-mid-sized checks distributed to organizations that are already embedded in the communities where Alterman employees live and work.

What Alterman Foundation Funds

Human services appear repeatedly in the recent grants. Alterman Foundation gave $16,000 to Arms of Hope in Medina and $15,000 to Christy’s Hope in San Antonio, both under the same exempt-purpose language used across the list. Youth and family support also show up through named grants. The foundation awarded $15,000 to Children’s Bereavement Center of South Texas in San Antonio, indicating support for services tied to grief and family well-being. Veterans and military-related support is present as well. Hope for Heroes Texas in Boerne received $16,000, and Saving a Hero’s Place in San Antonio received $15,000, placing veterans services within the foundation’s local giving pattern. Basic-needs and housing-related work appears in gifts to Home in a Week in Corpus Christi and Corazon Ministries in San Antonio, while mental health is reflected in a 2025 grant to National Alliance of Mental Illness in San Antonio.

How Alterman Foundation Gives