Richard & Elaine Ades Family Foundation Inc is located in New Haven, CT. The organization was established in 2001. 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. Richard & Elaine Ades 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 12/2023, Richard & Elaine Ades Family Foundation Inc generated $8.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $24.1k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Richard & Elaine Ades Family Foundation Inc has awarded 258 individual grants totaling $162,678. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard L Ades President, Treasurer | 1 | $0 | |
Elaine S Ades Vice President, Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,145 |
Interest on Savings | $0 |
Dividends & Interest | $5,943 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$273 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $8,815 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $200 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $3,345 |
Contributions, gifts, grants paid | $20,705 |
Total expenses and disbursements | $24,050 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $9,651 |
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 | $165,613 |
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 |
Over the last fiscal year, Richard & Elaine Ades Family Foundation Inc has awarded $20,705 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
ADL PURPOSE: GENERAL SUPPORT | $360 |
ALZHEIMERS ASSOCIATION PURPOSE: GENERAL SUPPORT | $200 |
AMERICAN CIVIL LIBERTIES UNION OF CONNECTICUT (ACLU-CT) PURPOSE: GENERAL SUPPORT | $100 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE PURPOSE: GENERAL SUPPORT | $100 |
BALLENISLES CHARITIES FOUNDATION PURPOSE: GENERAL SUPPORT | $40 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: GENERAL SUPPORT | $60 |