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Alex Chestnov Memorial Foundation Inc. is a private corporation based in BOCA RATON, FL. The foundation received its IRS ruling in 1995. The principal officer is Robert Chestnov. It holds total assets of $266K. Annual income is reported at $119K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. 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 New Jersey, Florida and New York. According to available records, Alex Chestnov Memorial Foundation Inc. has made 39 grants totaling $103K, with a median grant of $2K. Annual giving has decreased from $30K in 2020 to $20K in 2023. Individual grants have ranged from $212 to $12K, with an average award of $3K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in New Jersey, Florida, Massachusetts, which account for 67% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$212
Median Grant
$808
Average Grant
$2K
Largest Grant
$12K
Based on 12 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.
Alex Chestnov Memorial Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in NJ, FL, MA.
Alex Chestnov Memorial Foundation Inc. has distributed a total of $103K across 39 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $212 to $12K.
Alex Chestnov Memorial Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Alex Chestnov Memorial Foundation Inc. is headquartered in BOCA RATON, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Chestnov | PRESIDENT | $0 | $0 | N/A |
| Michael Chestnov | TREASURER | $0 | $0 | N/A |
| Jeffrey Yick Esq | ESQ. | $0 | $0 | N/A |
| Sheila Chestnov | PRESIDENT | $0 | $0 | N/A |
| Robyn Schiller | SECRETARY | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$258K
Fair Market Value
$337K
Net Worth
$258K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$16K
Total: $219K
Total Grants
39
Total Giving
$103K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
21
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Daughters Of MiriamNON RESTRICTED | Clifton, NJ | $2K | 2020 |
| Temple Beth El Of Boca RatonNON RESTRICTED | Boca Raton, FL | $9K | 2023 |
| Progeria Research FoundationNON RESTRICTED | Peabody, MA | $4K | 2023 |
| Pinecrest SchoolNON RESTRICTED | Boca Raton, FL | $2K | 2023 |
| Boca Regional HospitalNON RESTRICTED | Boca Raton, FL | $2K | 2023 |
| University Of DenverNON RESTRICTED | Denver, CO | $1K | 2023 |
| Jewish Federation Of Northern NjNON RESTRICTED | River Edge, NJ | $1K | 2023 |
| Play For PinkNON RESTRICTED | New York, NY | $600 | 2023 |
| Aol OrganizationNON RESTRICTED | New York City, NY | $521 | 2023 |
| Jafco Children'S VillageNON RESTRICTED | Sunrise, FL | $515 | 2023 |
| Foundation To Combat Alzheimer'SNON RESTRICTED | New York, NY | $500 | 2023 |
| Jewish Federation Of Northern New JerseyNON RESTRICTED | River Edge, NJ | $10K | 2022 |
| Temple Beth ReshonNON RESTRICTED | Wyckoff, NJ | $4K | 2022 |
| Sunrise Day CampNON RESTRICTED | Wyandanch, NY | $2K | 2022 |
| Boca Raton Regional HospitalNON RESTRICTED | Boca Raton, FL | $2K | 2022 |
| Give2du - University Of DenverNON RESTRICTED | Denver, CO | $1K | 2022 |
| Childrens Brain Tumor FdnNON RESTRICTED | New York, NY | $515 | 2021 |
| Touch A Heart FoundationNON RESTRICTED | Boca Raton, FL | $615 | 2020 |
| Nephcure Kidney IntlNON RESTRICTED | King Of Prussia, PA | $530 | 2020 |
| Sunrise Association Day CampNON RESTRICTED | Oceanside, NJ | $500 | 2020 |
| Jewish Family ServicesNON RESTRICTED | Boca Raton, FL | $500 | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL