Jake F Aronov Charitable Foundation
- Assets
- $9.8m
- Revenue
- $804.1k
- Investments
- $9.5m
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 05/2000
- Data as of
- 11/2023
- EIN
- 63-1215344
Organization Overview
Jake F Aronov Charitable Foundation is located in Montgomery, AL. The organization was established in 2000. 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. Jake F Aronov 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 11/2023, Jake F Aronov Charitable Foundation generated $804.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $2.4m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jake F Aronov Charitable Foundation has awarded 92 individual grants totaling $7,207,980. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTED TO CHARITABLE ORGANIZATIONS AND MINISTRIES. SEE PART XV FOR DETAIL OF ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $623,100 |
| Interest on Savings | $31,572 |
| Dividends & Interest | $130,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,137 |
| Capital Gain Net Income | $19,137 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $804,054 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,935 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,536 |
| Total operating and administrative expenses | $17,665 |
| Contributions, gifts, grants paid | $2,403,865 |
| Total expenses and disbursements | $2,421,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $387,726 |
| 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 | $9,842,542 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $3 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3 |
Grants Awarded
Over the last fiscal year, Jake F Aronov Charitable Foundation has awarded $2,403,865 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CHABAD INTOWN PURPOSE: PHILANTHROPIC | $18,000 |
CHABAD OF ALABAMA PURPOSE: PHILANTHROPIC | $150,000 |
ATLANTA SCHOLARS KOLLELL PURPOSE: PHILANTHROPIC | $50,000 |
PIRCHEI OF ATLANTA INC PURPOSE: PHILANTHROPIC | $12,000 |
NER ISRAEL RABBINICAL COLLEGE PURPOSE: EDUCATION | $9,600 |
TEMIMA HIGH SCHOOL FOR GIRLS PURPOSE: EDUCATION | $80,000 |