Lisa & Steve Altman Family Foundation
/OVERVIEW: The Lisa & Steve Altman Family Foundation primarily funds grantmaking related to health and medical research, particularly diabetes research. It also earmarks funds for causes like education, Jewish causes, and cultural institutions.
IP TAKE: The foundation lacks transparency, which limits information available on its grantmaking priorities and activities.
PROFILE: Established in 2003, the Lisa & Steve Altman Family Foundation was established by Qualcomm veteran Steve Altman and his wife Lisa, Qualcomm’s first attorney. Steve rose to become president and vice chairman of Qualcomm during his nearly 25 years at the company. The foundation does not have a web presence. According to tax filings, the Lisa & Steve Altman Family Foundation primarily funds grantmaking related to health and medical research, particularly diabetes research. It also earmarks funds for causes like education, Jewish causes, and cultural institutions.
Grants for Los Angeles and SoCal
The Altmans gave a $10 million gift to UC San Diego Health Sciences to build the Altman Clinical and Translational Research Institute, which works to find cures for Type 1 diabetes, among other diseases. Type 1 diabetes has afflicted many generations of the Altman family, including the couple’s son and Altman’s father, who lost all of his vision for a time. The Altmans also support Juvenile Diabetes Research Foundation and have hosted “Rock the Cure,” a fundraising event at their residence.
Grants range from $100 to $456,000. In a recent fiscal year, the foundation gave away around $945,000. Past grantees have included Rady Children's Hospital San Diego, Big Brothers Big Sisters, Temple Adat Shalom, and Museum of Contemporary Art San Diego.
Important Grant Details
The foundation keeps a low profile and does not accept unsolicited proposals.
PEOPLE:
Search for staff contact info and bios in PeopleFinder (paid subscribers only).
CONTACT:
The Lisa & Steve Altman Family Foundation
9696 La Jolla Farms Rd
La Jolla, CA 92037
