Sax Charitable Foundation Inc
Sax Charitable Foundation Inc is a private foundation, 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.
Sax Charitable Foundation Inc at a glance
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.
- Annual giving (2025)
- $135,000
- -12.7% vs 2024
- Grants made (2025)
- 7
- +40.0% vs 2024
- Average grant
- $19,286
- -37.6% vs 2024
- Median grant
- $5,000
- Total assets
- $57,830
- +81.2% vs 2024
- Primary geography
- New Jersey (74% 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 Sax Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Stjoseph's Childrens Hospital ($100K). Together the top 7 received $135K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 10 grants of 15 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $60K (2021) to $155K (2024). In 2025 it made 7 grants totaling $135K.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $57,830 | $194,158 | $168,245 | $135,000 | 7 | $168,245 | $2,657 |
| 2024 | $31,917 | $215,120 | $202,355 | $154,602 | 5 | $202,355 | $1,700 |
| 2023 | $19,152 | $150,578 | $135,040 | $115,000 | 1 | $135,040 | $1,527 |
| 2022 | $3,614 | $109,084 | $129,829 | $90,000 | 1 | $129,829 | $1,300 |
| 2021 | $24,359 | $82,860 | $72,651 | $60,000 | 1 | — | $1,764 |
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.
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'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.
Data update history
(6)
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)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Sax Charitable Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Sax Charitable Foundation Inc's focus areas in our free grants database
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Sax Charitable Foundation Inc down — hundreds of funders to go?