A C & E Foundation Inc
- Assets
- $100.7k
- Revenue
- $156.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 86-2440516
Organization Overview
A C & E Foundation Inc is located in New York, NY. According to its NTEE Classification (T30) the organization is classified as: Public 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. A C & E 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 12/2023, A C & E Foundation Inc generated $156.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $169.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, A C & E Foundation Inc has awarded 12 individual grants totaling $468,079. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
A.C.&E. FOUNDATION (ACEF) HAS BEEN ORGANIZED TO PROVIDE CHARITABLE GIVING AND VOLUNTEER SUPPORT. MORE SPECIFICALLY, THE ORGANIZATION PROVIDES CHARITABLE DISTRITBUTIONS OF FUNDS, AS WELL AS VOLUNTEER EFFORTS AS NEEDED, TO OTHER QUALIFYING NONPROFIT ORGANIZATIONS IN THE UNITED STATES AND AROUND THE WORLD.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Riboud-Seydoux President | 2 | $0 | |
Anya Rozina Director | 2 | $0 | |
Perri Cesarelli Treasurer | 3 | $0 | |
Amy Huang Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $156,563 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $156,563 |
| 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 | $75 |
| Total operating and administrative expenses | $1,825 |
| Contributions, gifts, grants paid | $168,079 |
| Total expenses and disbursements | $169,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $674 |
| Savings and temporary cash investments | $100,000 |
| 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 | $100,674 |
| 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, A C & E Foundation Inc has awarded $168,079 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HYPOTHEKIDS PURPOSE: STEM BASED PROGRAMMING FOR SCHOOLS AND LIBRARIES AROUND NYC | $50,000 |
GIRLS INC OF NEW YORK CITY PURPOSE: SUPPORT CENTRAL PARK HS FOR GIRLS INC PROGRAMMING | $50,000 |
CAMDEN ARTS CENTRE PURPOSE: CREATIVE LEARNING PROGRAMS FOR YOUNG ARTISTS | $50,000 |
SOUTH BRONX UNITED PURPOSE: SUPPORT SOCCER PROGRAMS FOR UNDERSERVED YOUTH | $5,000 |
TUNNEL 2 TOWERS PURPOSE: SUPPORT FIRST REPOSNDERS AND THEIR FAMILIES AFFECTED BY 9/11 | $5,000 |
SKIRA EDITORE PURPOSE: PUBLISHING ART BOOK FOR LENA HERZOG | $8,079 |