Saibel Foundation Inc

Organization Overview

Saibel Foundation Inc is located in Red Bank, NJ. The organization was established in 1946. 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. Saibel 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 05/2022, Saibel Foundation Inc generated $98.9k 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 (28.0%) each year. All expenses for the organization totaled $151.3k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Saibel Foundation Inc has awarded 151 individual grants totaling $270,670. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Roy H Aibel
President
$0
John Aibel
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $52,448
Net Rental Income$0
Net Gain on Sale of Assets $45,794
Capital Gain Net Income $45,794
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $695
Total Revenue $98,937

Grants Awarded

Over the last fiscal year, Saibel Foundation Inc has awarded $148,970 in support to 80 organizations.

Grant RecipientAmount

MEMORIAL SLOAN KETTERING CANCER CTR

PURPOSE: CHARITABLE PURPOSE

$10,000

MORRISTOWN MEDICAL CENTER

PURPOSE: CHARITABLE PURPOSE

$10,000

TEMPLE UNIVERSITY SCHOOL OF DENTISTRY

PURPOSE: CHARITABLE PURPOSE

$9,000

WOUNDED WARRIOR PROJECT

PURPOSE: CHARITABLE PURPOSE

$6,750

ST JUDE CHILDREN'S RESEARCH HOSPITAL

PURPOSE: CHARITABLE PURPOSE

$6,000

AMERICAN HEART ASSOC

PURPOSE: CHARITABLE PURPOSE

$5,800
View Grant Profile

Peer Organizations

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