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Also known as: FOUNDATION INC
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Richard & Elaine Ades Family Foundation Inc. is a private corporation based in NEW HAVEN, CT. The foundation received its IRS ruling in 2001. It holds total assets of $147K. Annual income is reported at $35K. Total assets have decreased from $265K in 2011 to $166K in 2023. The foundation is governed by 2 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. Funding is distributed across 4 states, including Florida, New York, Connecticut. According to available records, Richard & Elaine Ades Family Foundation Inc. has made 94 grants totaling $93K, with a median grant of $100. Annual giving has grown from $36K in 2020 to $57K in 2022. Individual grants have ranged from N/A to $13K, with an average award of $985.213. The foundation has supported 55 unique organizations. The foundation primarily supports organizations in Florida, Pennsylvania, California, which account for 44% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$100
Average Grant
$1K
Largest Grant
$13K
Based on 30 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.
Richard & Elaine Ades Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 94 grants. Its grantmaking reaches organizations primarily in FL, PA, CA.
Richard & Elaine Ades Family Foundation Inc. has distributed a total of $93K across 94 grants. The median grant size is $100, with an average of $985.213. Individual grants have ranged from N/A to $13K.
Richard & Elaine Ades Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Richard & Elaine Ades Family Foundation Inc. is headquartered in NEW HAVEN, CT. While based in CT, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard L Ades | PRESIDENT, TREASURER | $0 | $0 | N/A |
| Elaine S Ades | VICE PRESIDENT, SECRETARY | $0 | $0 | N/A |
Total Giving
$24K
Total Assets
$166K
Fair Market Value
$154K
Net Worth
$166K
Grants Paid
$21K
Contributions
$3K
Net Investment Income
$4K
Distribution Amount
$8K
Total: $156K
Total Grants
94
Total Giving
$93K
Average Grant
$985.213
Median Grant
$100
Unique Recipients
55
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Project HopeGENERAL SUPPORT | Washington, DC | $100 | 2022 |
| Jewish Federation Of Pa CountyGENERAL SUPPORT | Philadelphia, PA | $13K | 2022 |
| Temple Beth AmGENERAL SUPPORT | Jupiter, FL | $6K | 2022 |
| Ballenisles Charities FoundationGENERAL SUPPORT | Palm Beach Gardens, FL | $3K | 2022 |
| Sacred Heart Cathedral PreparatoryGENERAL SUPPORT | San Francisco, CA | $2K | 2022 |
| IrcGENERAL SUPPORT | New York, NY | $1K | 2022 |
| Birthright Israel FoundationGENERAL SUPPORT | New York, NY | $750 | 2022 |
| Feeding AmericaorgGENERAL SUPPORT | Riverside, CA | $500 | 2022 |
| AdlGENERAL SUPPORT | Hamden, CT | $360 | 2022 |
| Alzheimers AssociationGENERAL SUPPORT | Norwalk, CT | $200 | 2022 |
| Dignity GrowsGENERAL SUPPORT | Hartford, CT | $200 | 2022 |
| Honor Flight IncGENERAL SUPPORT | Arlington, VA | $200 | 2022 |
| Yale New Haven HospitalGENERAL SUPPORT | New Haven, CT | $200 | 2022 |
| Insight Through EducationGENERAL SUPPORT | Palm Beach Gardens, FL | $175 | 2022 |
| Macular Degeneration ResearchGENERAL SUPPORT | Clarksburg, MD | $150 | 2022 |
| InsightGENERAL SUPPORT | Cherry Hill, NJ | $110 | 2022 |
| AcesGENERAL SUPPORT | Appleton, WI | $100 | 2022 |
| Extended Hands Community OutreachGENERAL SUPPORT | West Palm Beach, FL | $100 | 2022 |
| National Ms SocietyGENERAL SUPPORT | Hartford, CT | $100 | 2022 |
| Feeding FloridaGENERAL SUPPORT | Tallahassee, FL | $100 | 2022 |
| Shifting Gears UnitedGENERAL SUPPORT | Jupiter Inlet Colony, FL | $100 | 2022 |
| The Lord'S PlaceGENERAL SUPPORT | West Palm Beach, FL | $100 | 2022 |
| Congregation B'Nai JacobGENERAL SUPPORT | Charleston, WV | $100 | 2022 |
| Chrildren & Family CharitiesGENERAL SUPPORT | New Haven, CT | $100 | 2022 |
| Quantum House IncGENERAL SUPPORT | West Palm Beach, FL | $100 | 2022 |
| Saint Ann'S PlaceGENERAL SUPPORT | West Palm Beach, FL | $100 | 2022 |
| Pet CottageGENERAL SUPPORT | Jupiter Farms, FL | $100 | 2022 |
| Kind KitchenGENERAL SUPPORT | North Palm Beach, FL | $100 | 2022 |