Aitken-Davies Foundation
- Assets
- $3.6m
- Revenue
- $338.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 07/2017
- Data as of
- 11/2023
- EIN
- 81-4757835
Organization Overview
Aitken-Davies Foundation is located in Princeton, NJ. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Aitken-Davies 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 11/2023, Aitken-Davies Foundation generated $338.8k 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 (14.4%) each year.
Since 2018, Aitken-Davies Foundation has awarded 11 individual grants totaling $1,077,254. 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 |
|---|---|---|---|
George E Aitken-Davies Co-President | 5 | $0 | |
Ashley E Aitken-Davies Co-President | 5 | $0 | |
William J Aitken-Davies Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $88,558 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $261 |
| Capital Gain Net Income | $261 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $338,819 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,900 |
| Contributions, gifts, grants paid | $340,000 |
| Total expenses and disbursements | $342,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,594,805 |
| Savings and temporary cash investments | $983 |
| 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 | $3,622,561 |
| 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, Aitken-Davies Foundation has awarded $340,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PRINCETON DAY SCHOOL PURPOSE: TO PROMOTE INTELLECTUAL GROWTH AND MORAL DEVELOPMENT IN YOUNG STUDENTS | $50,000 |
MCCARTER THEATER PURPOSE: TO PROVIDE FIRST-RATE PERFORMANCES AND ARTS EDUCATION TO AUDIENCES AND LEARNERS OF ALL AGES | $50,000 |
THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION PURPOSE: TO PROVIDE QUALITY OF LIFE PROGRAMS AND SERVICES IN THE HOSPITAL AND COMMUNITY | $200,000 |
THE LAWRENCEVILLE SCHOOL PURPOSE: TO PROMOTE INTELLECTUAL GROWTH AND MORAL DEVELOPMENT IN YOUNG STUDENTS | $25,000 |
ORKEESWA SCHOOL PURPOSE: TO PROMOTE INTELLECTUAL GROWTH AND MORAL DEVELOPMENT IN YOUNG STUDENTS | $15,000 |