Ascena Foundation
- Assets
- $0.0
- Revenue
- $225.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Mahwah, NJ
- Founding
- 08/1996
- Data as of
- 07/2020
- EIN
- 22-2731305
Organization Overview
Ascena Foundation is located in Mahwah, NJ. The organization was established in 1996. 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.
For the year ending 07/2020, Ascena Foundation generated $225.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $438.6k during the year ending 07/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ascena Foundation has awarded 137 individual grants totaling $2,323,060. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROSLYN S. JAFFE AWARDS PROGRAM CELEBRATES EVERYDAY HEROES WHO MAKE THE WORLD A BETTER PLACE FOR WOMEN AND/OR CHILDREN THROUGH INNOVATIVE & ENTREPRENEURIAL SOCIAL REFORM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeannette Ferran-Astorga Trustee/president | 1 | $0 | |
Elise Jaffe Trustee | 1 | $0 | |
Sue Ross Trustee | 1 | $0 | |
Wendy Hufford Trustee | 1 | $0 | |
Roslyn S Jaffe Trustee | 1 | $0 | |
Tom Calderwood Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tcc Group | 7/30/19 | $216,287 |
Mpl Events Llc | 7/30/19 | $127,575 |
Cipriani 42nd Street | 7/30/19 | $118,228 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $225,000 |
| Interest on Savings | $392 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $225,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $178,530 |
| Total operating and administrative expenses | $199,891 |
| Contributions, gifts, grants paid | $238,700 |
| Total expenses and disbursements | $438,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Ascena Foundation has awarded $238,700 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: DISASTER RELIEF | $4,500 |
THE CALLARD COMPANY PURPOSE: COVID-19 MASKS | $27,000 |
GIRLTREK INC PURPOSE: UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. | $16,700 |
WOMEN'S FORUM INC PURPOSE: SPONSORSHIP | $5,000 |
GENERATION HOPE PURPOSE: UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. | $25,000 |
CALMER CHOICE PURPOSE: UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. | $25,000 |