Richard & Elaine Ades Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW HAVEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $147K in total assets. In 2024, it awarded 25 grants totaling $20K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$147K
-11.5% YoY
Annual Giving
$20K
-1.6% YoY
Grant Count
25
-7.4% YoY
Avg Grant Size
$815.16
+6.3% YoY
Under IRS private-foundation payout rules, Richard & Elaine Ades Family reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard & Elaine Ades Family
Based on IRS filings
Richard & Elaine Ades Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW HAVEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $147K in total assets. In 2024, it awarded 25 grants totaling $20K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $146,646 | $165,613 | $180,848 |
| Revenue | $4,795 | $8,815 | $12,867 |
| Expenses | $23,762 | $24,050 | $31,523 |
| Qualifying Distributions | $22,046 | $22,277 | $29,950 |
| Net Investment Income | $3,871 | $4,370 | $8,660 |
| Distributable Amount | $7,635 | $8,026 | $9,511 |
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
146 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Federation of Palm Beach County ($13,000), Temple Beth Am ($5,200), Friends of Isreal Defense Forces ($250).
| Recipient | Purpose | Amount |
|---|---|---|
| BALLENISLES CHARITIES FOUNDATION PALM BEACH GARDENS, FL | GENERAL SUPPORT | $18 |
| BOYS TOWN BOYS TOWN, NE | GENERAL SUPPORT | $100 |
| INSIGHT CHERRY HILL, NJ | GENERAL SUPPORT | $25 |
| NATIONAL MS SOCIETY HARTFORD, CT | GENERAL SUPPORT | $100 |
| NEW DAY ADULT DAY CARE CENTER WINDSOR, CT | GENERAL SUPPORT | $150 |
| PET COTTAGE JUPITER FARMS, FL | GENERAL SUPPORT | $100 |
| SAINT ANN'S PLACE WEST PALM BEACH, FL | GENERAL SUPPORT | $100 |
| TEMPLE BETH AM JUPITER, FL | GENERAL SUPPORT | $5,200 |
| FRIENDS OF ISREAL DEFENSE FORCES NEW YORK, NY | GENERAL SUPPORT | $250 |
| NATIONAL COUNCIL OF JEWISH WOMEN WASHINGTON, DC | GENERAL SUPPORT | $136 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD L ADES | PRESIDENT, TREASURER | — | — |
| ELAINE S ADES | VICE PRESIDENT, SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard & Elaine Ades Family?
Richard & Elaine Ades Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW HAVEN, CT. It holds $147K in total assets as of 2024.
How large is Richard & Elaine Ades Family?
As of 2024, Richard & Elaine Ades Family holds $147K in total assets with $5K in annual revenue. It awarded 25 grants totaling $20K in 2024.
Where does Richard & Elaine Ades Family operate?
Richard & Elaine Ades Family has awarded grants in California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, Montana, North Carolina, Nebraska, New Jersey, Nevada, New York, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin, West Virginia.
What size grants does Richard & Elaine Ades Family award?
In 2024, Richard & Elaine Ades Family awarded 25 grants totaling $20K — an average of about $815.16 per grant, based on its IRS Form 990 filings.
How much is Richard & Elaine Ades Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard & Elaine Ades Family reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard & Elaine Ades Family's EIN?
Richard & Elaine Ades Family's EIN (Employer Identification Number) is 06-1628570. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard & Elaine Ades Family'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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