M Bonnie Axthelm Charitable Foundation

Organization Overview

M Bonnie Axthelm Charitable Foundation is located in Westport, CT. The organization was established in 1997. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M Bonnie Axthelm Charitable 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, M Bonnie Axthelm Charitable Foundation generated $20.7k 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 (5.3%) each year. All expenses for the organization totaled $49.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, M Bonnie Axthelm Charitable Foundation has awarded 72 individual grants totaling $256,175. 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)Compensation
Megan A Brown
Trustee
$0
Nancy Axthelm
Trustee
$0
Stephen Axthelm
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $12
Dividends & Interest $7,280
Net Rental Income$0
Net Gain on Sale of Assets $13,396
Capital Gain Net Income $8,646
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $20,688

Grants Awarded

Over the last fiscal year, M Bonnie Axthelm Charitable Foundation has awarded $44,250 in support to 15 organizations.

Grant RecipientAmount

CENTER FOR HOPE

PURPOSE: UNRESTRICTED

$7,500

UNITARIAN CHURCH

PURPOSE: UNRESTRICTED

$2,000

MARQUETTE UNIVERSITY

PURPOSE: UNRESTRICTED

$20,000

WESTPORT LIBRARY

PURPOSE: UNRESTRICTED

$0

DIOCESE OF BRIDGEPORT

PURPOSE: RESTRICTED

$0

UUSC

PURPOSE: RESTRICTED

$0
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