Flax Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 13 grants totaling $67K. Net investment income was $34K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+4.2% YoY
Annual Giving
$67K
+29.1% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$5K
+9.3% YoY
Under IRS private-foundation payout rules, Flax Family Foundation reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.
About Flax Family Foundation
Based on IRS filings
Flax Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 13 grants totaling $67K. Net investment income was $34K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,054,480 | $1,012,125 | $977,587 |
| Revenue | $131,734 | $104,250 | $72,964 |
| Expenses | $89,798 | $69,498 | $85,462 |
| Qualifying Distributions | $71,532 | $54,904 | $68,779 |
| Net Investment Income | $34,468 | $15,103 | $6,042 |
| Distributable Amount | $67,066 | $59,454 | $57,203 |
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
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bixby School ($10,000), Cong Bnai Israel ($10,000), Explora ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIXBY SCHOOL BOULDER, CO | PROMOTES EDUCATION. | $10,000 |
| COLORADO ROCKY MOUNTAIN SCHOOL CARBONDALE, CO | TO PROVIDE EDUCATION | $500 |
| CONG BNAI ISRAEL NORTHAMPTON, MA | TO MAINTAIN A SYNAGOGUE, RELIGIOUS SCHOOL, A CEMETERY, AND SUCH ADDITIONAL EDUCATIONAL, RELIGIOUS, SOCIAL, AND RECREATIONAL ACTIVITIES AS WILL TEND TO STRENGTHEN JEWISH LIFE. | $10,000 |
| EXPLORA ALBUQUERQUE, NM | TO PROVIDE SCIENCE EDUCATION TO CHILDREN | $10,000 |
| GARY SINISE FOUNDATION WOODLAND HILLS, CA | TO CREATE PROGRAMS TO EDUCATE, ENTERTAIN, INSPIRE, STRENGTHEN, AND BUILD COMMUNITIES BY HONORING OUR DEFENDERS, VETERANS, FIRST RESPONDERS, THEIR FAMILIES, AND THOSE IN NEED. | $6,000 |
| JENIFER RIORDAN FOUNDATION ALBUQUERQUE, NM | TO HONOR THE LEGACY OF JENNIFER RIORDAN AND SUPPORT THE CAUSES SHE CARED ABOUT, INCLUDING ALBUQUERQUE VITALITY, FINANCIAL LITERACY, CHILDHOOD EDUCATION, AND WOMEN'S EMPOWERMENT. | $1,000 |
| JOY JUNCTION ALBUQUERQUE, NM | TO PROVIDE SHELTER FOR HOMELESS IN NEW MEXICO | $5,000 |
| JUNIOR LEAGUE OF ALBUQUERQUE ALBUQUERQUE, NM | TO PROMOTING VOLUNTARISM, DEVELOPING THE POTENTIAL OF WOMEN, AND IMPROVING THE COMMUNITY THROUGH THE EFFECTIVE ACTION AND LEADERSHIP OF TRAINED VOLUNTEERS | $1,000 |
| NM HOLOCAUST MUSEUM ALBUQUERQUE, NM | PROVIDES EDUCATION CONCERNING THE HOLOCAUST AND OTHER GENOCIDES, HUMAN RIGHTS, AND SOCIAL JUSTICE ISSUES. | $2,500 |
| ROADRUNNER FOOD BANK ALBUQUERQUE, NM | TO PROVIDE EQUAL ACCESS TO HUNGER RELIEF | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANE FLAX | PRESIDENT | 1 | — |
| MICHAEL G FLAX MD | SECRETARY/TREASURER | 1 | — |
| REBECCA FLAX | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Flax Family Foundation?
Flax Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. It holds $1.1M in total assets as of 2024.
How large is Flax Family Foundation?
As of 2024, Flax Family Foundation holds $1.1M in total assets with $132K in annual revenue. It awarded 13 grants totaling $67K in 2024.
Where does Flax Family Foundation operate?
Flax Family Foundation has awarded grants in California, Colorado, Massachusetts, New Mexico, New York, Virginia.
What size grants does Flax Family Foundation award?
In 2024, Flax Family Foundation awarded 13 grants totaling $67K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Flax Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Flax Family Foundation reported a distributable amount of $67K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Flax Family Foundation's EIN?
Flax Family Foundation's EIN (Employer Identification Number) is 26-1473302. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Flax Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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