Aksel Nielsen Foundation

Organization Overview

Aksel Nielsen Foundation is located in Cambridge, MA. The organization was established in 1959. 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. Aksel Nielsen 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 12/2020, Aksel Nielsen Foundation generated $111.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $241.6k during the year ending 12/2020. While expenses have increased by 7.5% per year over the past 5 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, Aksel Nielsen Foundation has awarded 166 individual grants totaling $904,970. 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

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $82,708
Profit on Inventory Sales $0
Other Income $0
Total Revenue $111,391

Grants Awarded

Over the last fiscal year, Aksel Nielsen Foundation has awarded $195,350 in support to 38 organizations.

Grant RecipientAmount

CAMP AVODA

PURPOSE: GENERAL SUPPORT

$40,000

NATIONAL SPORTS CENTER FOR THE DISABLED

Org PageRecipient Profile

Denver, CO

PURPOSE: GENERAL SUPPORT

$40,000

GREATER BOSTON FOOD BANK

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL SUPPORT

$10,000

ADL NEW ENGLAND

PURPOSE: GENERAL SUPPORT

$5,000

ACLU

PURPOSE: GENERAL SUPPORT

$5,000

CASA MYRNA VAZQUEZ

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Profile

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