Sax Charitable Foundation Inc
Sax Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Parsippany, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $58K in total assets. In 2025, it awarded 7 grants totaling $135K.
Key facts about Sax Charitable Foundation Inc
In short: Sax Charitable Foundation Inc gave $135K across 7 grants in 2025 (avg $19K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- EIN
- 20-4191019
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $135,000
- Grants made (2025)
- 7
- Average grant
- $19,286
- Median grant
- $5,000
- Total assets
- $57,830
- Primary geography
- New Jersey (74% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$58K
+81.2% YoY
Annual Giving
$135K
-12.7% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$19K
-37.6% YoY
Under IRS private-foundation payout rules, Sax Charitable Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
How Sax Charitable Foundation Inc gives
- Giving grew 50% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Sax Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| STJOSEPH'S CHILDRENS HOSPITAL Paterson, NJ | CHARITABLE | $100,000 |
| BROOKLYN DEBATE LEAGUE Ridgewood, NY | CHARITABLE | $20,000 |
| JEWISH ADOPTION AND FAMILY CARE OPTIONS (JAFCO) Bala Cynwyd, PA | CHARITABLE | $5,400 |
| BRONX CHARTER SCHOOL OF THE ARTS Bronx, NY | CHARITABLE | $5,000 |
| AMERICAN RED CROSS OF GREATER NEW YORK New York, NY | CHARITABLE | $2,500 |
| HUMANE WORLD FOR ANIMALS (FKA THE HUMANE SOCIETY OF THE UNITED STATES) Washington, DC | CHARITABLE | $1,800 |
| WARREN GIRL SCOUT TROUPS (DANCE COMMITTEE WARREN TOWNSHIP ME & MY GUY) North Branch, NJ | CHARITABLE | $300 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $57,830 | $31,917 | $19,152 |
| Revenue | $194,158 | $215,120 | $150,578 |
| Expenses | $168,245 | $202,355 | $135,040 |
| Qualifying Distributions | $168,245 | $202,355 | $135,040 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,657 | $1,700 | $1,527 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Sax Charitable Foundation Inc is led by Helena Lynch, President on every filing since 2024; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Helena Lynch
President
On filings since 2024
1 hr/week
No compensation reported
Jennifer Moroz
Trustee
On filings since 2021
1 hr/week
No compensation reported
Joseph Damiano
Trustee
On filings since 2021
1 hr/week
No compensation reported
Candy Gordon-Geanoules
Trustee
On filings since 2024
1 hr/week
No compensation reported
Marqus White
Trustee
On filings since 2024
1 hr/week
No compensation reported
Peter Scalise
Trustee
On filings since 2024
1 hr/week
No compensation reported
Michael Rolls
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Deborah Nappi
Vice President
On filings since 2024
1 hr/week
No compensation reported
Lauren Frary
Secretary
On filings since 2024
1 hr/week
No compensation reported
Former officers (2)
- Former: Stuart Berger (2021–2023) — President
- Former: Todd Polyniak (2021–2023) — Trustee
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.
Frequently asked questions about Sax Charitable Foundation Inc
How much does Sax Charitable Foundation Inc give each year?
Sax Charitable Foundation Inc gave $135K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $155K across 5 grants.
What is Sax Charitable Foundation Inc's typical grant size?
Sax Charitable Foundation Inc's median grant in 2025 was $5,000, and its average grant was $19,286, across 7 grants on its 2025 IRS Form 990-PF.
Where does Sax Charitable Foundation Inc give grants?
Sax Charitable Foundation Inc gives mostly in New Jersey: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (20%).
Does Sax Charitable Foundation Inc give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Sax Charitable Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (7 grants).
Who are Sax Charitable Foundation Inc's largest grantees?
Sax Charitable Foundation Inc's largest 2025 grantees include Stjoseph's Childrens Hospital ($100,000), Brooklyn Debate League ($20,000) and Jewish Adoption and Family Care Options (Jafco) ($5,400), according to its 2025 IRS Form 990-PF. Together they received 93% of its itemized 2025 grant dollars.
How large is Sax Charitable Foundation Inc?
Sax Charitable Foundation Inc reported $58K in total assets on its 2025 IRS Form 990-PF. It paid out $168K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What is Sax Charitable Foundation Inc?
Sax Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Parsippany, NJ. It holds $58K in total assets as of 2025.
What is Sax Charitable Foundation Inc's EIN?
Sax Charitable Foundation Inc's EIN (Employer Identification Number) is 20-4191019. 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.
Here's the math on researching Sax Charitable Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Sax Charitable Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Columbia Bank Foundation
Fair Lawn, NJ
Columbia Bank Foundation funds affordable and sustainable housing, community and economic development, financial literacy, health and human services, food security, environmental sustainability, and the arts. Its typical award is small—the 2025 median was $2,500—though program grants range from $1,000 to $25,000 and some awards are larger; it primarily supports New Jersey communities. It accepts applications year-round, with quarterly deadlines for its Community and Housing programs and monthly review of Micro Grant requests.
Assets
$42.6M
Grants
319
Total Given
$1.7M
Blue Foundry Charitable Foundation Inc
Parsippany, NJ
The foundation funds eligible 501(c)(3) nonprofits serving communities with a Blue Foundry Bank branch, focusing on affordable housing, education, youth programs, and health and human services. Its 2024 grants ranged from $875 to $50,000, with a median of $4,000. It accepts requests through an online application process, with application periods varying by grant type.
Assets
$7.3M
Grants
37
Total Given
$265K
Investors Foundation Inc
Summit, NJ
Investors Foundation Inc funds community organizations working in arts, education, health and human services, youth, and affordable housing, primarily in New Jersey, New York City’s five boroughs, and Long Island. Its 2025 grants ranged from $500 to $60,000, with a median of $2,500. It accepts unsolicited requests through its online application, with deadlines of February 1, May 1, August 1, and November 1.
Assets
$13.4M
Grants
135
Total Given
$986K
Intact Charitable Trust USA
Plymouth, MN
Intact Charitable Trust USA supports local nonprofits in communities where Intact Insurance operates, as well as scholarships for eligible children and grandchildren of employees and business partners. In 2024, grants ranged from $50 to $50,000, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$167K
Grants
105
Total Given
$610K
The Sumas Family Foundation Inc
Springfield, NJ
The Sumas Family Foundation supports a range of charitable organizations, including those focused on autism services, healthcare, hunger relief, and community support. In 2024, its 51 grants totaled $275,000, ranging from $500 to $45,000, with a $2,000 median; most funding went to New Jersey, with additional grants in New York, Pennsylvania, Georgia, and Florida. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$419K
Grants
51
Total Given
$275K
Mondelez International Foundation
Chicago, IL
The Mondelēz International Foundation funds programs that promote healthy, active lifestyles for children and families, as well as disaster relief and employee programs, with community investments spanning 18 countries. Its 2024 grants ranged from $50,000 to $1,456,000, with a median of $251,000. It does not accept unsolicited funding requests and gives only to preselected organizations.
Assets
$6.1M
Grants
5
Total Given
$2.4M
The Allergan Foundation
North Chicago, IL
The Allergan Foundation’s 2020 grants supported health care—especially eye health and mental health—education, and emergency relief, with funding concentrated in California, New York, Florida, Illinois, and New Jersey. Grants ranged from $100 to $2 million, with a median of $25,000. It offered an online application and did not limit giving to preselected organizations; the stated application period was May 1 through June 15.
Assets
—
Grants
316
Total Given
$18.4M
Bobs Discount Furniture Charitable
Oakdale, CT
Bob’s Discount Furniture Charitable supports qualified 501(c)(3) nonprofits, including organizations that provide assistance to individuals; its Bob’s Cares program describes community support nationwide, though its 2025 filing reports a Connecticut recipient. Recent filings show one large operating-support grant of about $823,000, so they do not establish a typical award size. The foundation describes a process for submitting request letters, indicating it accepts unsolicited requests.
Assets
$57K
Grants
1
Total Given
$823K
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports nonprofits and projects across arts, education, environment, health and human services, and social welfare. Its 2024 itemized grants had a median of about $19,800, though awards varied widely; funding went to organizations in multiple states, with 32% of itemized grant dollars going to New Jersey. It accepts applications for specific opportunities, and its FAQ encourages eligible New Jersey 501(c)(3) nonprofits to apply; requirements vary by opportunity.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation funded public health, contraceptive care, heart health, school nursing, children’s services, and mental health support, with 2021 grants ranging from $5,000 to $1 million and a median of $40,000. Its 2021 giving was concentrated in Washington, DC, Connecticut, Massachusetts, California, and Texas. The foundation says there are no restrictions on who may apply; applications use its forms and materials, and deadlines vary.
Assets
$16.6M
Grants
65
Total Given
$7.2M
The Robert Wood Johnson Foundation
Princeton, NJ
The Robert Wood Johnson Foundation funds work to improve health and health equity in the United States, including health policy, community health, prevention, and social justice. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000, and went to recipients across multiple states. The profile does not state whether it accepts unsolicited requests.
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
Verizon Foundation
Basking Ridge, NJ
The Verizon Foundation funds digital inclusion, climate protection, human prosperity, K–12 literacy and STEM, and domestic violence education and prevention, with an emphasis on underserved and diverse communities. It gives nationally, with priority in California, Massachusetts, Minnesota, New Jersey, New York, and Virginia, and also supports work in India and Israel; 2024 grants ranged from $25 to $1 million, with a $500 median. It does not accept unsolicited requests; applications are by invitation only.
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in New Jersey
Sax Charitable Foundation Inc down — hundreds of funders to go?