Aldrich Foundation
- Assets
- $28.3m
- Revenue
- $867.9k
- Investments
- $22.1m
- Employees
- 0
- Location
- Short Hills, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 87-3136736
Organization Overview
Aldrich Foundation is located in Short Hills, NJ. 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. Aldrich 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, Aldrich Foundation generated $867.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (69.3%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Aldrich Foundation has awarded 18 individual grants totaling $3,312,674. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Greene III Board Chair, Secretary And Treasurer | 0.5 | $0 | |
Christine O Greene Board Member | 0.5 | $0 | |
Caroline Blake President | 40 | $209,615 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $101,690 |
| Dividends & Interest | $765,881 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,147 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $867,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $209,615 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $30,370 |
| Interest | $0 |
| Taxes | $16,159 |
| Depreciation | $0 |
| Occupancy | $17,189 |
| Travel, conferences, and meetings | $2,715 |
| Printing and publications | $0 |
| Other expenses | $13,264 |
| Total operating and administrative expenses | $424,793 |
| Contributions, gifts, grants paid | $1,007,899 |
| Total expenses and disbursements | $1,432,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,205,587 |
| 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 | $4,872,763 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,301,870 |
| 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, Aldrich Foundation has awarded $1,007,899 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: CAR-T RESEARCH | $500,000 |
CURE4CAM PURPOSE: CHILDHOOD CANCER RESEARCH - COMMUNITY AWARENESS | $9,000 |
FAMILY STRONG FOUNDATION PURPOSE: ALS RESEARCH | $7,600 |
FOR PETE'S SAKE CANCER RESPITE PURPOSE: PROVIDE RESPITE SERVICES TO CANCER PATIENTS AND THEIR FAMILIES | $7,500 |
FRIENDS OF FIREFIGHTERS PURPOSE: MENTAL HEALTH COUNSELING AND WELLNESS SERVICES FOR ACTIVE AND RETIRED FDNY FIREFIGHTERS AND THEIR FAMILIES | $25,000 |
IOP FLAGS FOR HEROES PURPOSE: SUPPORT CHARLESTON COUNTY VETERANS ORGAINZATIONS - | $500 |