Kenneth M Axtell Jr Foundation
Kenneth M Axtell Jr Foundation is a private foundation, based in Norwich, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 8 grants totaling $142K. Net investment income was $141K.
Kenneth M Axtell Jr Foundation at a glance
In short: Kenneth M Axtell Jr Foundation gave $142K across 8 grants in 2025 (avg $18K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $141,655
- +844.2% vs 2024
- Grants made (2025)
- 8
- +100.0% vs 2024
- Average grant
- $17,707
- +372.1% vs 2024
- Median grant
- $13,528
- Total assets
- $2,816,839
- +1.2% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Kenneth M Axtell Jr Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Deposit Community Park Inc ($60K). Together the top 8 received $142K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 22 grants of 23 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
How Kenneth M Axtell Jr Foundation gives
- Giving grew 5146% from 2022 to 2025. Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $2K (2021) to $142K (2025). In 2025 it made 8 grants totaling $142K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Deposit Community Park Inc Deposit, NY | Grant for Batting Cage, | $60,000 |
| Deposit Historical Society Deposit, NY | Grant for Flooring | $15,496 |
| Deposit Community Pool Deposit, NY | Grant for Pool Items | $15,000 |
| First United Methodist Church of Deposit Deposit, NY | Grant for Window | $14,064 |
| Maple Lane Assembly of God Church Deposit, NY | Grant for New Flooring and | $12,992 |
| The Deposit Fire Department Inc Deposit, NY | Grant to Help with Cost of | $10,000 |
| The Deposit Foundation Deposit, NY | Grant for Food Pantry | $9,000 |
| Deposit Community Theatre & Deposit, NY | Grant for Building | $5,103 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,816,839 | $212,759 | $179,123 | $141,655 | 8 | $145,524 | $140,925 | $156,434 |
| 2024 | $2,783,572 | $251,117 | $44,447 | $15,002 | 4 | $18,673 | $225,483 | $141,655 |
| 2023 | $2,576,906 | $2,607,980 | $9,045 | $5,391 | 4 | $6,455 | $6,055 | $16,454 |
| 2022 | $241,905 | $200,325 | $5,222 | $2,700 | 5 | $3,606 | $1,891 | $5,391 |
| 2021 | $46,809 | $3,314 | $4,505 | $2,490 | 2 | — | $2,222 | $2,691 |
Under IRS private-foundation payout rules, Kenneth M Axtell Jr Foundation reported a distributable amount of $156K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kenneth M Axtell Jr Foundation's only listed officer is NBT Bank NA, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
NBT Bank NA
Trustee
On filings since 2021
1 hr/week
$1K (2021) → $29K (2025)
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $29K, to NBT Bank NA (Trustee).
Frequently asked questions about Kenneth M Axtell Jr Foundation
How much does Kenneth M Axtell Jr Foundation give each year?
Kenneth M Axtell Jr Foundation gave $142K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 4 grants.
What is Kenneth M Axtell Jr Foundation's typical grant size?
Kenneth M Axtell Jr Foundation's median grant in 2025 was $13,528, and its average grant was $17,707, across 8 grants on its 2025 IRS Form 990-PF.
Where does Kenneth M Axtell Jr Foundation give grants?
Kenneth M Axtell Jr Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Deposit, NY (8 grants).
Does Kenneth M Axtell Jr Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Kenneth M Axtell Jr Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Kenneth M Axtell Jr Foundation's largest grantees?
Kenneth M Axtell Jr Foundation's largest 2025 grantees include Deposit Community Park Inc ($60,000), Deposit Historical Society ($15,496) and Deposit Community Pool ($15,000), according to its 2025 IRS Form 990-PF. Together they received 64% of its itemized 2025 grant dollars.
How large is Kenneth M Axtell Jr Foundation?
Kenneth M Axtell Jr Foundation reported $2.8M in total assets on its 2025 IRS Form 990-PF. It paid out $146K in qualifying distributions that year, against a required minimum of $156K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Kenneth M Axtell Jr Foundation's EIN?
Kenneth M Axtell Jr Foundation's EIN (Employer Identification Number) is 16-6376529. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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