Aks Family Foundation
- Assets
- $2.1m
- Revenue
- -$30.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- Surfside, FL
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 46-4357021
Organization Overview
Aks Family Foundation is located in Surfside, FL. The organization was established in 2014. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Aks Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Aks Family Foundation has awarded 191 individual grants totaling $1,070,309. 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 |
|---|---|---|---|
Adam K Stern President | 1 | $0 | |
Carmine A Principato Vice President | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cassel Shapiro | 12/30/19 | $48,000 |
Jamie Polak | 12/30/19 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,455 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$5,916 |
| Total Revenue | -$30,351 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $512 |
| Total operating and administrative expenses | $512 |
| Contributions, gifts, grants paid | $58,130 |
| Total expenses and disbursements | $58,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,051 |
| 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 | $649,712 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,000 |
| Total assets | $2,074,171 |
| 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, Aks Family Foundation has awarded $58,130 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ROBIN HOOD FOUNDATION PURPOSE: GENERAL SUPPORT | $27,000 |
CURA FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
TEMPLE SINAI OF ROSLYN PURPOSE: GENERAL SUPPORT | $3,300 |
FRIENDS OF THE IDF PURPOSE: GENERAL SUPPORT | $10,000 |
ON YOUR MARK INC PURPOSE: GENERAL SUPPORT | $1,030 |
MIAMI COMMUNITY-POLICE RELATIONS FD PURPOSE: GENERAL SUPPORT | $10,000 |