Jeffrey H And Shari L Aronsonfamily Foundation
- Assets
- $164.2m
- Revenue
- $58.7m
- Investments
- $126.5m
- Employees
- 0
- Location
- Saratoga Springs, NY
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-6760231
Organization Overview
Jeffrey H And Shari L Aronsonfamily Foundation is located in Saratoga Springs, NY. The organization was established in 2006. 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. Jeffrey H And Shari L Aronsonfamily Foundation 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 12/2021, Jeffrey H And Shari L Aronsonfamily Foundation generated $58.7m in total revenue. All expenses for the organization totaled $8.1m during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER SECTION
501(C)(3) OF THE INTERNAL REVENUE CODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey H Aronson Trustee | 1 | $0 | |
Shari L Aronson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $45,318,309 |
| Interest on Savings | $15,821 |
| Dividends & Interest | $992,018 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,311,730 |
| Capital Gain Net Income | $11,311,730 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,017,461 |
| Total Revenue | $58,655,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $229,543 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $175,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,416 |
| Total operating and administrative expenses | $588,408 |
| Contributions, gifts, grants paid | $7,477,690 |
| Total expenses and disbursements | $8,066,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,145,750 |
| Savings and temporary cash investments | $263,321 |
| 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 | $21,822,882 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,333,080 |
| Total assets | $164,202,609 |
| 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, Jeffrey H And Shari L Aronsonfamily Foundation has awarded $7,477,690 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED PURPOSE: GENERAL SUPPORT | $5,073,272 |
SEE ATTACHED PURPOSE: GENERAL SUPPORT | $2,404,418 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |