About Long Island Real Estate Group
The Long Island Real Estate Group is an organization of real estate developers, owners and allied trades and services who have come together to raise funds for the development of charitable real estate projects on Long Island. LIREG endeavors to provide a strong platform for networking among our membership. LIREG will provide a tangible way for real estate professionals to give back to the communities that have been a source of their success.
Focus Areas
charitable real estate projectscommunity developmentphilanthropy in Long Island
Who They Fund
scholarship recipients (students)postsecondary students
Funding Style
general operating supportunrestricted supportannual/recurring fundingscholarship funding
Topics
About Long Island Real Estate Group
Long Island Real Estate Group Inc centers its giving on charitable real estate projects and community-serving organizations on Long Island, and its recent grants show that the work reaches both institutions and facilities. The foundation has reported donating in excess of $2 million to support projects that advance the mission of local nonprofits, a pattern that fits its role as a group of developers, owners, and allied trades using real estate expertise for philanthropy. Recent grants show support for organizations serving health, education, and community life. Long Island Children’s Museum received $55,000 in general operating support in 2024, while Mental Health Association of Nassau County Inc received $50,000 for general operating support the same year. The pattern also includes direct support for mission-driven nonprofits with strong local ties, including The Viscardi Center Inc and Family Residences and Essential Enterprises Inc. The foundation’s portfolio indicates that much of its grantmaking is aimed at strengthening organizations that serve Long Island communities through both program work and organizational support. The group’s public grant descriptions emphasize charitable real estate development, community development, and support for nonprofit facilities and projects. Its approach combines philanthropy with the practical needs of local organizations, especially where real estate projects help advance a nonprofit mission.
What Long Island Real Estate Group Funds
One clear theme is community institutions that serve children, families, and residents across Long Island. Long Island Children’s Museum received $55,000 for general operating support in 2024, and Family Residences and Essential Enterprises Inc received $45,000 for general operating support the same year. Both awards point to broad organizational support rather than tightly restricted project funding. Health-related giving is also visible. Mercy Medical Center received $37,000 in 2024 for general operating support, and Northwell Health Foundation received $25,250 in 2024 for general operating support after a separate $25,000 charitable grant in 2023. That pattern shows support for established health organizations across more than one year. The foundation also funds education and youth support. Hofstra University received $10,000 in 2023 for an annual scholarship, and Sunrise Day Camps Association Inc received $30,000 in 2023 for charitable support. These grants sit alongside its broader interest in nonprofit capacity and community-serving institutions.
Financial Snapshot
Annual Giving
$165K
Total Assets
$355K
Total Revenue
$340K
Total Expenses
$265K
Typical Grant Size
Most grants fall between $25K and $43K, with a median of $32K.
25th Percentile
$25K
Median
$32K
75th Percentile
$43K
Geographic Reach
Local2 states funded
Funding intensity
LowHigh
Headquarters
Leadership
CHARLES ALTER
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