Kenneth M Axtell Jr Foundation

NORWICH, NY EIN: 16-6376529

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.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.8M

+1.2% YoY

Annual Giving

$142K

+844.2% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$18K

+372.1% YoY

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.

About Kenneth M Axtell Jr Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $167K (100%)

States

New York

Cities

Deposit

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,816,839	$2,783,572	$2,576,906
Revenue	$212,759	$251,117	$2,607,980
Expenses	$179,123	$44,447	$9,045
Qualifying Distributions	$145,524	$18,673	$6,455
Net Investment Income	$140,925	$225,483	$6,055
Distributable Amount	$156,434	$141,655	$16,454

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Grant Size Distribution

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Deposit Community Park Inc ($60,000), Deposit Historical Society ($15,496), Deposit Community Pool ($15,000).

Recipient	Purpose	Amount
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 FOUNDATION DEPOSIT, NY	GRANT FOR FOOD PANTRY	$9,000
DEPOSIT COMMUNITY THEATRE & DEPOSIT, NY	GRANT FOR BUILDING	$5,103
DEPOSIT COMMUNITY POOL Deposit, NY	GRANT FOR POOL ITEMS	$15,000
THE DEPOSIT FIRE DEPARTMENT INC DEPOSIT, NY	GRANT TO HELP WITH COST OF	$10,000
DEPOSIT HISTORICAL SOCIETY DEPOSIT, NY	GRANT FOR FLOORING	$15,496
DEPOSIT COMMUNITY PARK INC DEPOSIT, NY	GRANT FOR BATTING CAGE,	$60,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
NBT BANK NA	TRUSTEE	1	$28,789

Frequently Asked Questions

How large is Kenneth M Axtell Jr Foundation?

As of 2025, Kenneth M Axtell Jr Foundation holds $2.8M in total assets with $213K in annual revenue. It awarded 8 grants totaling $142K in 2025.

Where does Kenneth M Axtell Jr Foundation operate?

Kenneth M Axtell Jr Foundation has awarded grants in New York.

What size grants does Kenneth M Axtell Jr Foundation award?

In 2025, Kenneth M Axtell Jr Foundation awarded 8 grants totaling $142K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Kenneth M Axtell Jr Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Kenneth M Axtell Jr Foundation reported a distributable amount of $156K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.