Aresty Foundation
- Assets
- $885.8k
- Revenue
- $6.3k
- Investments
- $865.9k
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 11/1966
- Data as of
- 12/2022
- EIN
- 22-6083140
Organization Overview
Aresty Foundation is located in Princeton, NJ. The organization was established in 1966. 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. Aresty 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 12/2022, Aresty Foundation generated $6.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.0%) each year. All expenses for the organization totaled $81.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aresty Foundation has awarded 174 individual grants totaling $655,789. 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) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Aresty Trustee | 2 | $0 | |
Jane Silverman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,861 |
| Dividends & Interest | $13,278 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,834 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $380 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,006 |
| Total operating and administrative expenses | $18,136 |
| Contributions, gifts, grants paid | $62,904 |
| Total expenses and disbursements | $81,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,567 |
| 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 | $1,304 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $885,807 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Aresty Foundation has awarded $62,904 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
PRINCETON PUBLIC LIBRARY FOUND PURPOSE: TO CARRY OUT CHARITABLE PURPOSE OF ORGANIZATION | $2,600 |
PRINCETON JEWISH CENTER PURPOSE: TO CARRY OUT CHARITABLE PURPOSE OF OGRANIZATION | $2,377 |
JEWISH FEDERATION PURPOSE: TO CARRY OUT CHARITABLE PURPOSE OF ORGANIZATION | $2,325 |
AMERICAN JEWISH COMMITTEE PURPOSE: TO CARRY OUT CHARITABLE PURPOSE OF ORGANIZATION | $14,550 |
PRINCETON DAY SCHOOL PURPOSE: TO CARRY OUT CHARITABLE PURPOSE OF ORGANIZATION | $2,500 |
HOMEFRONT PURPOSE: TO CARRY OUT CHARITABLE PURPOSE OF ORGANIZATION | $250 |