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Robert J Ades Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2017. The principal officer is Michael M Ades. It holds total assets of $760K. Annual income is reported at $2.1M. The foundation is governed by 3 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 2017 to 2023. The foundation primarily funds organizations in New York and District of Columbia. According to available records, Robert J Ades Foundation has made 138 grants totaling $236K, with a median grant of $800. Annual giving has grown from $34K in 2020 to $50K in 2023. Grantmaking activity was highest in 2022 with $103K distributed across 60 grants. Individual grants have ranged from $100 to $10K, with an average award of $2K. The foundation has supported 65 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Tennessee, which account for 91% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$800
Average Grant
$2K
Largest Grant
$9K
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.
Robert J Ades Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 138 grants. Its grantmaking reaches organizations primarily in NY, DC, TN.
Robert J Ades Foundation has distributed a total of $236K across 138 grants. The median grant size is $800, with an average of $2K. Individual grants have ranged from $100 to $10K.
Robert J Ades Foundation typically selects its grantees rather than accepting unsolicited proposals.
Robert J Ades Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph R Ades | PRESIDENT | $0 | $0 | N/A |
| Michael M Ades | VICE-PRESIDENT | $0 | $0 | N/A |
| Richard D Ades | SECRETARY | $0 | $0 | N/A |
Total Giving
$60K
Total Assets
$783K
Fair Market Value
$791K
Net Worth
$783K
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$40K
Total: $742K
Total Grants
138
Total Giving
$236K
Average Grant
$2K
Median Grant
$800
Unique Recipients
65
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shaare Zion Of Great NeckGENERAL PURPOSES | Great Neck, NY | $7K | 2023 |
| Shehebar Sephardic CenterGENERAL PURPOSES | New York, NY | $5K | 2023 |
| Sephardic Community FoundationGENERAL PURPOSES | Brooklyn, NY | $5K | 2023 |
| Untermyer Gardens ConservancyGENERAL PURPOSES | Yonkers, NY | $4K | 2023 |
| Park Avenue SynagogueGENERAL PURPOSES | New York, NY | $3K | 2023 |
| Bnei YitzhakGENERAL PURPOSES | Brooklyn, NY | $3K | 2023 |
| Nesach Yisrael InstitutionGENERAL PURPOSES | Brooklyn, NY | $3K | 2023 |
| Yeshiva Wang University High School For GirlsGENERAL PURPOSES | Holliswood, NY | $3K | 2023 |
| Friends Of The IdfGENERAL PURPOSES | New York, NY | $2K | 2023 |
| Sephardic Heritage MuseumGENERAL PURPOSES | New York, NY | $2K | 2023 |
| Congregation Beit EdmondGENERAL PURPOSES | New York, NY | $2K | 2023 |
| Village Of IrvingtonGENERAL PURPOSES | Irvington, NY | $2K | 2023 |
| Congregation Ahavat TorahGENERAL PURPOSES | Lakewood Township, NJ | $1K | 2023 |
| Mishkan Ha'Am CongregationGENERAL PURPOSES | Yonkers, NY | $1K | 2023 |
| World Wildlife Foundation (Wwf)GENERAL PURPOSES | Washington, DC | $1K | 2023 |
| Duvdevan FoundationGENERAL PURPOSES | — | $1K | 2023 |
| Keren TziachGENERAL PURPOSES | Brooklyn, NY | $1K | 2023 |
| Yde Biys High SchoolGENERAL PURPOSES | Brooklyn, NY | $901 | 2023 |
| Make A Wish FoundationGENERAL PURPOSES | Washington, DC | $900 | 2023 |
| Temple Beth AbrahamGENERAL PURPOSES | Tarrytown, NY | $800 | 2023 |
| Hebrew Immigrant Aid SocietyGENERAL PURPOSES | Washington, DC | $600 | 2023 |
| Unicef UsaGENERAL PURPOSES | New York, NY | $550 | 2023 |
| AspcaGENERAL PURPOSES | Washington, DC | $500 | 2023 |
| Alzheimer'S Disease ResearchGENERAL PURPOSES | Clarksburg, MD | $500 | 2023 |
| Congregation Shaare Zion Of Great NeckGENERAL PURPOSES | Great Neck, NY | $8K | 2022 |
| Yeshiva University Sephardic ProgramGENERAL PURPOSES | New York, NY | $5K | 2022 |
| SparksGENERAL PURPOSES | Brooklyn, NY | $2K | 2022 |
| Edmond J Safra SynagogueGENERAL PURPOSES | New York, NY | $1K | 2022 |
| MisakimGENERAL PURPOSES | Brooklyn, NY | $1K | 2022 |
| Sephardic ReliefGENERAL PURPOSES | Brooklyn, NY | $1K | 2022 |