Also known as: FOUNDATION TRUST
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The Aron Kapelyus And Nella Kapel Us Foundation Trust is a private trust based in KEW GARDENS, NY. The foundation received its IRS ruling in 2017. It holds total assets of $2.7M. Annual income is reported at $1.2M. Total assets have grown from $1.2M in 2019 to $2.1M in 2023. 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 2020 to 2023. According to available records, The Aron Kapelyus And Nella Kapel Us Foundation Trust has made 5 grants totaling $2.5M, with a median grant of $480K. Annual giving has grown from $452K in 2020 to $651K in 2023. Grantmaking activity was highest in 2022 with $960K distributed across 2 grants. Individual grants have ranged from $443K to $651K, with an average award of $501K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
The Aron Kapelyus And Nella Kapel Us Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY.
The Aron Kapelyus And Nella Kapel Us Foundation Trust has distributed a total of $2.5M across 5 grants. The median grant size is $480K, with an average of $501K. Individual grants have ranged from $443K to $651K.
The Aron Kapelyus And Nella Kapel Us Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
The Aron Kapelyus And Nella Kapel Us Foundation Trust is headquartered in KEW GARDENS, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aron Kapelyus | TRUSTEE | $0 | $0 | N/A |
| Nella Kapelyus | TRUSTEE | $0 | $0 | N/A |
| Charles Reichmann | SUCCESSOR TRUSTEE | $0 | $0 | N/A |
| David Cywiak | SUCCESSOR TRUSTEE | $0 | $0 | N/A |
| Martin Weiss | SUCCESSOR TRUSTEE | $0 | $0 | N/A |
Total Giving
$657K
Total Assets
$2.1M
Fair Market Value
$2.1M
Net Worth
$2.1M
Grants Paid
$651K
Contributions
$1.2M
Net Investment Income
$49K
Distribution Amount
$89K
Total Grants
5
Total Giving
$2.5M
Average Grant
$501K
Median Grant
$480K
Unique Recipients
4
Most Common Grant
$480K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Contributions Of 651268 Details Available Upon RequestGENERAL FUNDS | Kew Gardens, NY | $651K | 2023 |
| Contributions Of 480000 Details Available Upon RequestGENERAL FUNDS | Kew Gardens, NY | $480K | 2022 |
| Contributions Of 443114 Details Available Upon RequestGENERAL FUNDS | Kew Gardens, NY | $443K | 2021 |
| Contributions Of 451784 Details Available Upon RequestGENERAL FUNDS | Kew Gardens, NY | $452K | 2020 |