Frank And Barbara Axel Foundation
- Assets
- $950.3k
- Revenue
- $14.7k
- Investments
- $697.3k
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 11/2019
- Data as of
- 12/2021
- EIN
- 84-6693730
Organization Overview
Frank And Barbara Axel Foundation is located in White Plains, NY. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Frank And Barbara Axel 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 12/2021, Frank And Barbara Axel Foundation generated $14.7k in total revenue.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Franklin B Axel Trustee | 0 | $0 | |
Barbara Axel Trustee | 0 | $0 | |
Jacob Axel Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49 |
| Dividends & Interest | $12,072 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $854 |
| Capital Gain Net Income | $854 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,739 |
| Total Revenue | $14,714 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,642 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $187 |
| Total operating and administrative expenses | $26,940 |
| Contributions, gifts, grants paid | $35,292 |
| Total expenses and disbursements | $62,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,308 |
| Savings and temporary cash investments | $246,729 |
| 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 | $950,325 |
| 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, Frank And Barbara Axel Foundation has awarded $35,292 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: PROGRAM SUPPORT | $10,000 |
PLAN INTERNATIONAL PURPOSE: PROGRAM SUPPORT | $5,292 |
FEEDING AMERICA PURPOSE: PROGRAM SUPPORT | $5,000 |
UJA PURPOSE: PROGRAM SUPPORT | $3,000 |
HIAS PURPOSE: PROGRAM SUPPORT | $1,500 |
CHANNEL THIRTEEN PURPOSE: PROGRAM SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |
Lyford Cay Foundation Inc Greenwich, CT | $29,953,842 | $2,393,799 |
Donald P And Mary E Moriarty Charitable Foundation Chatham, NJ | $28,351,035 | $10,104,907 |
Reitmeier Charitable Trust U-W Fund Pittsburgh, PA | $0 | $783,026 |
Wings For Things Foundation Inc Sandy Hook, CT | $31,046,537 | $6,302,092 |
The Daniel E And Joyce G Straus Family Foundation Fort Lee, NJ | $70,788,886 | $23,200,737 |