Aronow Foundation
- Assets
- $2.1m
- Revenue
- $216.8k
- Investments
- $2.0m
- Employees
- 0
- Location
- South Kingstown, RI
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-4556895
Organization Overview
Aronow Foundation is located in South Kingstown, RI. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aronow 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, Aronow Foundation generated $216.8k 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 (17.6%) each year. All expenses for the organization totaled $105.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Aronow Foundation has awarded 241 individual grants totaling $847,120. 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 |
|---|---|---|---|
Steven Aronow Trustee | 1 | $0 | |
Marilyn Aronow Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $964 |
| Dividends & Interest | $37,151 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $178,642 |
| Capital Gain Net Income | $178,642 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3 |
| Total Revenue | $216,760 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $618 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $205 |
| Total operating and administrative expenses | $14,805 |
| Contributions, gifts, grants paid | $90,340 |
| Total expenses and disbursements | $105,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,277 |
| Savings and temporary cash investments | $60,839 |
| 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 | $2,057,934 |
| 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, Aronow Foundation has awarded $90,340 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL RESCUE LEAGUE OF SOUTHERN RI PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
CROSSROADS RI PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
DANNY & RON'S RESCUE PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
DOMESTIC VIOLENCE RESOURCE CENTER OF SOUTH COUNTY PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
HILLEL PURPOSE: GENERAL OPERATING SUPPORT | $500 |
OPHELIA FUND PURPOSE: GENERAL OPERATING SUPPORT | $500 |