The Arons Family Foundation
- Assets
- $662.1k
- Revenue
- $56.8k
- Investments
- $561.3k
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 07/1995
- Data as of
- 12/2023
- EIN
- 04-3273304
Organization Overview
The Arons Family Foundation is located in Cambridge, MA. The organization was established in 1995. 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. Arons 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.
For the year ending 12/2023, Arons Family Foundation generated $56.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arons Family Foundation has awarded 738 individual grants totaling $503,635. 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 |
|---|---|---|---|
Elissa Lynne Beron Arons Trustee | 0 | $0 | |
Dara Arons Trustee | 0 | $0 | |
Rebecca Arons Trustee | 0 | $0 | |
Abigail Arons Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,140 |
| Dividends & Interest | $13,894 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,754 |
| Capital Gain Net Income | $38,754 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $55 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,365 |
| Total operating and administrative expenses | $19,970 |
| Contributions, gifts, grants paid | $62,750 |
| Total expenses and disbursements | $82,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $100,836 |
| 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 | $662,086 |
| 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, The Arons Family Foundation has awarded $62,750 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
ACADIA CENTER PURPOSE: SUPPORT ORGANIZATION'S EXEMPT PURPOSE | $500 |
AMERICAN CRAFT COUNCIL PURPOSE: SUPPORT ORGANIZATION'S EXEMPT PURPOSE | $200 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: SUPPORT ORGANIZATION'S EXEMPT PURPOSE | $500 |
AMERICAN JEWISH JOINT DISTRIBUTION COMM PURPOSE: SUPPORT ORGANIZATION'S EXEMPT PURPOSE | $500 |
AMERICAN REPERTORY THEATER PURPOSE: SUPPORT ORGANIZATION'S EXEMPT PURPOSE | $500 |
ANTI DEFAMATION LEAGUE NEW ENGLAND PURPOSE: SUPPORT ORGANIZATION'S EXEMPT PURPOSE | $1,000 |