Frank And Barbara Axel Foundation
- Assets
- $876.5k
- Revenue
- $29.3k
- Investments
- $752.8k
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 84-6693730
Organization Overview
Frank And Barbara Axel Foundation is located in White Plains, NY. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Frank And Barbara Axel 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 12/2023, Frank And Barbara Axel Foundation generated $29.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (50.7%) each year.
Since 2020, Frank And Barbara Axel Foundation has awarded 77 individual grants totaling $137,868. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Franklin B Axel Trustee | 0.1 | $0 | |
Barbara Axel Trustee | 0.1 | $0 | |
Jacob Axel Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,604 |
| Dividends & Interest | $18,250 |
| 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 | $2,418 |
| Total Revenue | $29,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,262 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,401 |
| Contributions, gifts, grants paid | $46,476 |
| Total expenses and disbursements | $58,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,834 |
| Savings and temporary cash investments | $117,804 |
| 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 | $48,122 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $876,451 |
| 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, Frank And Barbara Axel Foundation has awarded $46,476 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION INC PURPOSE: PROGRAM SUPPORT | $1,000 |
AMERICAN JEWISH JOINT DISTRIBUTION COMM PURPOSE: PROGRAM SUPPORT | $5,000 |
BEST FRIENDS PURPOSE: PROGRAM SUPPORT | $1,000 |
CHANNEL THIRTEEN PURPOSE: PROGRAM SUPPORT | $2,000 |
CT HUMANE SOCIETY PURPOSE: PROGRAM SUPPORT | $1,000 |
DIANE FOSSEY GORILLA FUND PURPOSE: PROGRAM SUPPORT | $1,000 |