Arkell Foundation Inc

Organization Overview

Arkell Foundation Inc is located in Canajoharie, NY. The organization was established in 1961. 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. Arkell 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 11/2021, Arkell Foundation Inc generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $3.7m during the year ending 11/2021. While expenses have increased by 8.0% per year over the past 3 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 2020, Arkell Foundation Inc has awarded 74 individual grants totaling $2,295,450. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

OWN AND OPERATE A LICENSED ADULT CARE FACILITY


GRANTS TO QUALIFIED ORGANIZATIONS


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $45,771
Interest on Savings $0
Dividends & Interest $1,296,103
Net Rental Income$0
Net Gain on Sale of Assets $5,597,816
Capital Gain Net Income $5,597,816
Net ST Capital Gain $243,930
Income Modifications $0
Profit on Inventory Sales $0
Other Income $438,525
Total Revenue $7,378,215

Grants Awarded

Over the last fiscal year, Arkell Foundation Inc has awarded $1,287,620 in support to 32 organizations.

Grant RecipientAmount

ARKELL CENTER

PURPOSE: CAPITAL IMPROVEMENT

$700,000

CANAJOHARIE LIBRARY AND A

Org PageRecipient Profile

Canajoharie, NY

PURPOSE: GENERAL SUPPORT

$250,000

VILLAGE OF CANAJOHARIE

PURPOSE: GENERAL SUPPORT

$95,000

COMMUNITY YOUTH CENTER INC

Org PageRecipient Profile

Canajoharie, NY

PURPOSE: GENERAL SUPPORT

$50,200

CANAJOHARIE HIGH SCHOOL

PURPOSE: SCHOLARSHIPS

$40,500

AYRES MEMORIAL ANIMAL SHELTER

Org PageRecipient Profile

Sprakers, NY

PURPOSE: GENERAL SUPPORT

$30,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Arkell Foundation Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Putnam Family Foundation Inc

Cobleskill, NY

PURPOSE: PROGRAM SUPPORT

$10,000
View Grant Recipient Profile

Peer Organizations

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