Addax Foundation
- Assets
- $30.5k
- Revenue
- $235.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- Data as of
- 12/2021
- EIN
- 85-1168150
Organization Overview
Addax Foundation is located in Frisco, TX. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Addax 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, Addax Foundation generated $235.6k in total revenue. All expenses for the organization totaled $218.5k during the year ending 12/2021.
Since 2020, Addax Foundation has awarded 14 individual grants totaling $272,561. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS ARE USED TO SUPPORT FOR THE RESEARCH AND ADVANCEMENT IN MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Khaled Fekih Romdhane Treasurer | 0 | $0 | |
DO Kim Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $235,589 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $235,589 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,091 |
| Printing and publications | $0 |
| Other expenses | $263 |
| Total operating and administrative expenses | $3,834 |
| Contributions, gifts, grants paid | $214,623 |
| Total expenses and disbursements | $218,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,398 |
| Savings and temporary cash investments | $100 |
| 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 | $30,498 |
| Accounts payable and accrued expenses | $513 |
| 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 | $513 |
Grants Awarded
Over the last fiscal year, Addax Foundation has awarded $214,623 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MEDICIS HEALTH TECHNOLOGY PURPOSE: COVID MEDICAL EQUIPMENT DONATION | $44,689 |
UCSF FOUNDATION PURPOSE: GRANTS TO SUPPORT CANCER RESEARCH | $42,628 |
AIR LIQUIDE TUNISIE SERVICES PURPOSE: COVID MEDICAL EQUIPMENT DONATION | $42,406 |
MEDIZIN TECHNIK SERVICE PURPOSE: COVID MEDICAL EQUIPMENT DONATION | $28,219 |
STE OXYGEN PRODUCTS TUNISIE PURPOSE: COVID MEDICAL EQUIPMENT DONATION | $22,928 |
Seattle, WA PURPOSE: SCHOLARSHIP | $13,210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Petco Foundation San Antonio, TX | $33,418,658 | $39,582,418 |
Nau Foundation Houston, TX | $22,224,867 | $2,525,236 |
Excellerate Foundation Charitable Support Rogers, AR | $173,087,242 | $16,463,917 |
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |