//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Aksel Nielsen Foundation is a private corporation based in WESTPORT, MA. The foundation received its IRS ruling in 1959. The principal officer is The Aksel Nielson Foundation. It holds total assets of $2M. Annual income is reported at $413K. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Massachusetts and New York. According to available records, Aksel Nielsen Foundation has made 115 grants totaling $595K, with a median grant of $3K. Annual giving has decreased from $395K in 2022 to $200K in 2023. Individual grants have ranged from $500 to $40K, with an average award of $5K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in Massachusetts, Colorado, New York, which account for 80% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$5K
Largest Grant
$40K
Based on 39 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.
Aksel Nielsen Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 115 grants. Its grantmaking reaches organizations primarily in MA, CO, NY.
Aksel Nielsen Foundation has distributed a total of $595K across 115 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $500 to $40K.
Aksel Nielsen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Aksel Nielsen Foundation is headquartered in WESTPORT, MA. While based in MA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Pemstein | TRUSTEE | $0 | $0 | N/A |
| Judith M Pemstein | PRESIDENT | $0 | $0 | N/A |
| Alan B Pemstein | SECRETARY | $0 | $0 | N/A |
| Benjamin Pemstein | TRUSTEE | $0 | $0 | N/A |
| Michael Pemstein | TREASURER | $0 | $0 | N/A |
Total Giving
$267K
Total Assets
$2M
Fair Market Value
$4.5M
Net Worth
$1.9M
Grants Paid
$200K
Contributions
N/A
Net Investment Income
$69K
Distribution Amount
$206K
Total: $2M
Total Grants
115
Total Giving
$595K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
41
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Worcester AcademyGENERAL SUPPORT | Worcester, MA | $3K | 2023 |
| Tifereth IsraelGENERAL SUPPORT | New Bedford, MA | $3K | 2023 |
| National Sports Center For The DisabledGENERAL SUPPORT | Winter Park, CO | $40K | 2023 |
| Camp AvodaGENERAL SUPPORT | Canton, MA | $40K | 2023 |
| Temple Beth ShalomGENERAL SUPPORT | Needham, MA | $10K | 2023 |
| Greater Boston Food BankGENERAL SUPPORT | Boston, MA | $8K | 2023 |
| Planned Parenthood Federation Of AmericaGENERAL SUPPORT | New York, NY | $6K | 2023 |
| Jewish Health Care CenterGENERAL SUPPORT | Worcester, MA | $5K | 2023 |
| Jcrc Jewish Community Relations CouncilGENERAL SUPPORT | Boston, MA | $5K | 2023 |
| World Central KitchenGENERAL SUPPORT | Washington, DC | $5K | 2023 |
| Westport River Watershed AllianceGENERAL SUPPORT | Westport, MA | $5K | 2023 |
| Westport Land Conservation TrustGENERAL SUPPORT | Westport, MA | $5K | 2023 |
| Massachusetts Audubon SocietyGENERAL SUPPORT | Lincoln, MA | $5K | 2023 |
| Rosie'S PlaceGENERAL SUPPORT | Boston, MA | $5K | 2023 |
| Trustees Of The ReservationGENERAL SUPPORT | Beverly, MA | $5K | 2023 |
| Southern Poverty Law CenterGENERAL SUPPORT | Montgomery, AL | $5K | 2023 |
| Adl New EnglandGENERAL SUPPORT | Boston, MA | $5K | 2023 |
| AcluGENERAL SUPPORT | New York, NY | $5K | 2023 |
| Casa Myrna VazquezGENERAL SUPPORT | Boston, MA | $5K | 2023 |
| Equal Justice InitiativeGENERAL SUPPORT | Montgomery, AL | $5K | 2023 |
| The Trevor ProjectGENERAL SUPPORT | West Hollywood, CA | $3K | 2023 |
| Usc Gould School Of LawGENERAL SUPPORT | Los Angeles, CA | $3K | 2023 |
| Massachusetts Assn For Mental HealthGENERAL SUPPORT | Boston, MA | $3K | 2023 |
| Wbur-Public RadioGENERAL SUPPORT | Boston, MA | $2K | 2023 |
| WgbhGENERAL SUPPORT | Boston, MA | $2K | 2023 |
| New England Innocence ProjectGENERAL SUPORT | Cambridge, MA | $2K | 2023 |
| Shalom AustinGENERAL SUPPORT | Austin, TX | $2K | 2023 |
| Veteran'S IncGENERAL SUPPORT | Worcester, MA | $2K | 2023 |
| K-9'S For WarriorsGENERAL SUPPORT | Ponte Vedra, FL | $2K | 2023 |
| Weston LibraryGENERAL SUPPORT | Weston, MA | $2K | 2023 |
| Brothers At Bard Bard CollegeGENERAL SUPPORT | Annandale On Hudson, NY | $1K | 2023 |
| Weston Forest And Trail AssocGENERAL SUPPORT | Weston, MA | $1K | 2023 |
| Land Sake FarmsGENERAL SUPPORT | Weston, MA | $1K | 2023 |
| Friends Of The Needham Public LibraryGENERAL SUPPORT | Needham, MA | $500 | 2023 |
| Wers - Emerson CollegeGENERAL SUPPORT | Boston, MA | $500 | 2023 |
| Wumb RadioGENERAL SUPPORT | Boston, MA | $500 | 2023 |
| Westport Food PantryGENERAL SUPPORT | Westport, MA | $500 | 2023 |