Axelrod Family Foundation Inc
- Assets
- $169.3k
- Revenue
- $112.9k
- Investments
- $64.6k
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 10/1994
- Data as of
- 12/2022
- EIN
- 13-3775791
Organization Overview
Axelrod Family Foundation Inc is located in Palm Beach, FL. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Axelrod Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Axelrod Family Foundation Inc generated $112.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $131.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Axelrod Family Foundation Inc has awarded 49 individual grants totaling $319,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay G Axelrod Pres/ Direct | 0 | $0 | |
Margaret G Axelrod Treas/direct | 0 | $0 | |
Caroline E Axelrod Director | 0 | $0 | |
Danielle S Axelrod Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,315 |
| Interest on Savings | $18 |
| Dividends & Interest | $1,632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,974 |
| Capital Gain Net Income | $82,814 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $112,939 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,228 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,228 |
| Contributions, gifts, grants paid | $130,100 |
| Total expenses and disbursements | $131,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,681 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $169,252 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Axelrod Family Foundation Inc has awarded $130,100 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
FLAGLER MUSEUM PURPOSE: SUPPORT OPERATIONS OF MUSEUM | $1,000 |
BARNAD COLLEGE PURPOSE: TO PROVIDE SCHOLARSHIPS | $17,500 |
WHBPAC PURPOSE: TO SUPPORT PERFORMING ARTS & EDU. | $10,000 |
PLANNED PARENTHOOD OF NORTH EAST PURPOSE: WOMENS HEALTH CENTERS & SERVICES | $15,000 |
TEMPLE ISRAEL PURPOSE: SUPPORT RELIGIOUS EDUCATION | $22,900 |
NY PRESBY FUND PURPOSE: TO SUPPORT BRAIN RESEARCH | $2,000 |