Sax Charitable Foundation Inc
Preselected recipients only
Sax Charitable Foundation Inc is a private foundation in Parsippany, New Jersey. In tax year 2024 it gave $135,000 in 7 grants; the typical grant was $5,000 and the largest $100,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$135,000
- Number of grants7
- Typical grant$5,000
- Largest grant$100,000
- Assets$57,830
- New grantees86%
Giving in 2024 was down from $154,602 the year before.
86% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $115,000 | 1 | $19,152 |
| 2023 | $154,602 | 5 | $31,917 |
| 2024 | $135,000 | 7 | $57,830 |
How to apply
Sax Charitable Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Sax Charitable Foundation Inc funds
Where it gives
Its grants went to recipients in 4 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 2 | $100,300 |
| New York | 3 | $27,500 |
| Pennsylvania | 1 | $5,400 |
| District of Columbia | 1 | $1,800 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Stjoseph's Childrens Hospital | Charitable | $100,000 |
| Brooklyn Debate League | Charitable | $20,000 |
| Jewish Adoption and Family Care Options (Jafco) | Charitable | $5,400 |
| Bronx Charter School of the Arts | Charitable | $5,000 |
| American Red Cross of Greater New York | Charitable | $2,500 |
| Humane World for Animals (Fka the Humane Society of the United States) | Charitable | $1,800 |
| Warren Girl Scout Troups (Dance Committee Warren Township Me & My Guy) | Charitable | $300 |
Officers and trustees
- Joseph Damiano
- Michael Rolls
- Jennifer Moroz
- Helena Lynch
- Deborah Nappi
- Lauren Frary
- Marqus White
- Candy Gordon-Geanoules
- Peter Scalise
Questions people ask
Does Sax Charitable Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Sax Charitable Foundation Inc give?
$135,000 in tax year 2024, across 7 grants, with a typical grant of $5,000.
Who runs Sax Charitable Foundation Inc?
Its 2024 filing lists Joseph Damiano (Trustee), Michael Rolls (Treasurer), Jennifer Moroz (Trustee) and Helena Lynch (President) among 9 officers and trustees.
What does Sax Charitable Foundation Inc fund?
Based on its grants, mainly youth programs and arts and culture.