Sax Charitable Foundation Inc

PARSIPPANY, NJ EIN: 20-4191019

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 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 5 grants totaling $155K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32K

+66.7% YoY

Annual Giving

$155K

+34.4% YoY

Grant Count

5

+400.0% YoY

Avg Grant Size

$31K

-73.1% YoY

About Sax Charitable Foundation Inc

Based on IRS filings

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 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 5 grants totaling $155K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AtlantaJersey CityLivingstonMorristownPaterson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$59K$118K$177K$237K2021202220232024
Metric202420232022
Total Assets$31,917$19,152$3,614
Revenue$215,120$150,578$109,084
Expenses$202,355$135,040$129,829
Qualifying Distributions$202,355$135,040$129,829
Net Investment Income
Distributable Amount$1,700$1,527$1,300

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$77K$116K$155K1 grants20211 grants20221 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

STJOSEPH'S CHILDRENS HOS…$126KFAMILY PROMISE OF MORRIS…$20KTEAM WILDERNESS$5KAMERICAN CANCER SOCIETY$3KTHE ARC OF ESSEX COUNTY$500

Grant Size Distribution

8 grants across all recorded years

4<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH DAMIANOTRUSTEE1
MICHAEL ROLLSTREASURER1
JENNIFER MOROZTRUSTEE1
HELENA LYNCHPRESIDENT1
DEBORAH NAPPIVICE PRESIDENT1
LAUREN FRARYSECRETARY1
MARQUS WHITETRUSTEE1
CANDY GORDON-GEANOULESTRUSTEE1
PETER SCALISETRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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