Aicher Family Foundation Inc
- Assets
- $8.7m
- Revenue
- $307.7k
- Investments
- $8.5m
- Employees
- 0
- Location
- Rhinebeck, NY
- Founding
- 02/1998
- Data as of
- 12/2022
- EIN
- 06-1398331
Organization Overview
Aicher Family Foundation Inc is located in Rhinebeck, NY. The organization was established in 1998. 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. Aicher Family 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 12/2022, Aicher Family Foundation Inc generated $307.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aicher Family Foundation Inc has awarded 22 individual grants totaling $10,615,000. 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 |
|---|---|---|---|
Peter Aicher President | 0 | $0 | |
Diana Johnson Vice Preside | 0 | $0 | |
Kathryn Aicher Slawson Secretary | 0 | $0 | |
Bradford Sparrow Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $121 |
| Dividends & Interest | $176,980 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $128,913 |
| Capital Gain Net Income | $128,913 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,679 |
| Total Revenue | $307,693 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,678 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $48,026 |
| Contributions, gifts, grants paid | $1,150,000 |
| Total expenses and disbursements | $1,198,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9 |
| 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 | $521,871 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $134,431 |
| Total assets | $8,664,435 |
| 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, Aicher Family Foundation Inc has awarded $1,150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EVERY DAY DEMOCRACY PURPOSE: GENERAL PURPOSES | $1,100,000 |
HARVARD UNIVERSITY PURPOSE: AMERICAN DEMOCRACY FELLOWSHIP | $50,000 |