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Also known as: C/O MELVIN BEDRICK
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Able Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1987. The principal officer is Bedrick. It holds total assets of $779K. Annual income is reported at $16K. Total assets have grown from $506K in 2011 to $798K in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Funding is distributed across 5 states, including New York, Rhode Island, Massachusetts. According to available records, Able Trust has made 48 grants totaling $128K, with a median grant of $1K. Annual giving has grown from $18K in 2020 to $78K in 2022. Individual grants have ranged from $100 to $10K, with an average award of $3K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Connecticut, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$2K
Largest Grant
$10K
Based on 9 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Able Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in NY, MA, CT.
Able Trust has distributed a total of $128K across 48 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $100 to $10K.
Able Trust typically selects its grantees rather than accepting unsolicited proposals.
Able Trust is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Catherine O'Neill | TRUSTEE | $0 | $0 | N/A |
| Melvin L Bedrick | TRUSTEE | $0 | $0 | N/A |
| Michael Bedrick | TRUSTEE | $0 | $0 | N/A |
| Olivia Brokaw | TRUSTEE | $0 | $0 | N/A |
Total Giving
$68K
Total Assets
$798K
Fair Market Value
$455K
Net Worth
$798K
Grants Paid
$29K
Contributions
N/A
Net Investment Income
$85K
Distribution Amount
$31K
Total: $496K
Total Grants
48
Total Giving
$128K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
27
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL SUPPORT | New York, NY | $100 | 2021 |
| Greenvale School FundGENERAL SUPPORT | Old Brookvlle, NY | $10K | 2022 |
| Grace Church SchoolGENERAL SUPPORT | New York, NY | $10K | 2022 |
| Massachusetts General Hospital PsychiatryGENERAL SUPPORT | Boston, MA | $10K | 2022 |
| Greenvale School Annual FundGENERAL SUPPORT | Old Brookvlle, NY | $5K | 2022 |
| The Spence SchoolGENERAL SUPPORT | New York, NY | $1K | 2022 |
| Uja Federation Of New YorkGENERAL SUPPORT | New York, NY | $1K | 2022 |
| Middlesex School FundGENERAL SUPPORT | Concord, MA | $1K | 2022 |
| Wounded Warrior ProjectGENERAL SUPPORT | New York, NY | $400 | 2022 |
| New York Public RadioGENERAL SUPPORT | New York, NY | $365 | 2022 |
| Mass General Psychiatry Leadership CouncilGENERAL SUPPORT | Boston, MA | $10K | 2021 |
| American Friends Of Magen David AdomGENERAL SUPPORT | New York, NY | $1K | 2021 |
| Stanley Issacs Neighborhood CenterGENERAL SUPPORT | New York, NY | $1K | 2021 |
| United Negro College FundGENERAL SUPPORT | Washington, DC | $1K | 2021 |
| Yale College Alumni FundGENERAL SUPPORT | New Haven, CT | $1K | 2021 |
| Yale Law School FundGENERAL SUPPORT | New Haven, CT | $1K | 2021 |
| Yale School Of ArtGENERAL SUPPORT | New Haven, CT | $1K | 2021 |
| Fresh Air FundGENERAL SUPPORT | New York, NY | $1K | 2021 |
| Church Of The Heavenly RestGENERAL SUPPORT | New York, NY | $670 | 2021 |
| Horace Mann SchoolGENERAL SUPPORT | Bronx, NY | $500 | 2021 |
| Archives Of American ArtGENERAL SUPPORT | Washington, DC | $300 | 2021 |
| James Lenox House Association IncGENERAL SUPPORT | New York, NY | $250 | 2021 |
| Randalls Island Park'S AllianceGENERAL SUPPORT | New York, NY | $250 | 2021 |
| ThirteenwnetGENERAL SUPPORT | New York, NY | $100 | 2021 |
| Central Park ConservancyGENERAL SUPPORT | New York, NY | $100 | 2021 |
| Brown University Sports FoundationGENERAL SUPPORT | Providence, RI | $3K | 2020 |
| Yale Alumni FundGENERAL SUPPORT | New Haven, CT | $1K | 2020 |