A & J Saks Foundation Inc

Foundation · Grantmaker NEW YORK, NY EIN: 13-3933281

A & J Saks Foundation Inc is a private family foundation established in 1998 and based in New York City. The foundation is classified as a private grantmaking foundation under the NTEE code T20.

Key facts about A & J Saks Foundation Inc

EIN: 13-3933281
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,322,000
Grants made (2024): 52
Average grant: $25,423
Median grant: $5,000
Total assets: $22,802
Primary geography: New York (93% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who A & J Saks Foundation Inc funds

By grant dollars, the top recipient states for A & J Saks Foundation Inc's 52 itemized 2024 grants were New York (93%). The most frequent recipient cities were New York, NY (28 grants), Washington, DC (6 grants), Stone Ridge, NY (4 grants) and Brooklyn, NY (2 grants). None of its 52 grants with a stated purpose were described as general or operating support. Recurring purposes include "Further the Exempt Purpose of the Recipient" (48 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$23K

-51.5% YoY

Annual Giving

$1.3M

+347.4% YoY

Grant Count

+4.0% YoY

Avg Grant Size

$25K

+330.2% YoY

Under IRS private-foundation payout rules, A & J Saks Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation is an active grantmaker with significant recent activity. In 2024, the foundation made 42 grants totaling approximately $2.24 million.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.2M (93%)

District of Columbia $38K (3%)

Connecticut $20K (2%)

Virginia $15K (1%)

Nebraska $10K (1%)

All other $4K (0%)

Share of all 52 itemized 2024 grant dollars.

States

Connecticut District of Columbia Hawaii Nebraska New York Virginia

Cities

New YorkWashingtonStone RidgeAlexandriaAccordBronxBronxvilleBrooklynKingstonNew HavenNew PaltzTroyArlingtonPuunene

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $22,802
Total Revenues: $1,301,790
Total Expenses: $1,325,996
Total Grants, Contributions, etc.: $1,300,000

Year-over-Year Growth (2023-2024):

Grants and contributions increased 288.1% from $335,000 (2023) to $1,300,000 (2024)
Investment income and dividends increased 187.3% from $623 (2023) to $1,790 (2024)

The foundation operates with no employees and is funded through contributions and investment income.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$22,802	$47,008	$10,752
Revenue	$1,301,790	$335,623	$300,215
Expenses	$1,325,996	$299,367	$348,603
Qualifying Distributions	$1,322,000	$295,500	$345,500
Net Investment Income	$1,790	$623	$215
Distributable Amount	$1,676	$1,413	$1,718

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

239 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Central Park Conservancy ($1,000,000), Aclu Foundation Inc ($40,000), Doctors Without Borders ($20,000).

Recipient	Purpose	Amount
CENTRAL PARK CONSERVANCY NEW YORK, NY	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$1,000,000
ACLU FOUNDATION INC NEW YORK, NY	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$40,000
DOCTORS WITHOUT BORDERS NEW YORK, NY	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$20,000
YALE SCHOOL OF ART NEW HAVEN, CT	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$20,000
NPR FOUNDATION WASHINGTON, NE	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$10,000
PLANNED PARENTHOOD FEDERATION WASHINGTON, DC	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$10,000
PRO PUBLICA NEW YORK, NY	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$10,000
SIERRA CLUB FOUNDATION NEW YORK, NY	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$10,000
THE BRENNAN CENTER FOR JUSTICE NEW YORK, NY	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$10,000
THE GREEN-WOOD HISTORICAL FUND BROOKLYN, NY	FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ARNOLD SAKS	DIRECTOR	—	—
JOANNA SAKS	DIRECTOR	—	—
LAWRENCE KEVY	DIRECTOR	—	—

Contact Information

Phone: 212-737-6122
Address: c/o A Saks, 333 East 69th St 9G, New York City, NY 10021
EIN: 13-3933281

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

How do I apply for a grant from A & J Saks Foundation Inc?

The foundation is an active grantmaker with significant recent activity. In 2024, the foundation made 42 grants totaling approximately $2.24 million. • Central Park Conservancy: $1,000,000 • ACLU Foundation: $40,000 • Doctors without Borders USA: $20,000 The foundation supports a diverse range of organizations across different sectors. Grant descriptions indicate the foundation funds to "further the exempt purpose of the recipient."

What size grants does A & J Saks Foundation Inc award?

In 2024, A & J Saks Foundation Inc awarded 52 grants totaling $1.3M — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is A & J Saks Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, A & J Saks Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.