Xcelsior Syndicate Group
Xcelsior Syndicate Group is a private foundation focused on Education, based in Plainfield, NJ. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $15K in total assets. In 2025, it awarded 2 grants totaling $6K.
Xcelsior Syndicate Group at a glance
In short: Xcelsior Syndicate Group gave $6K across 2 grants in 2025 (avg $3K), top state New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $6,415
- -53.2% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $3,208
- -53.2% vs 2024
- Median grant
- $3,208
- Total assets
- $14,686
- +27.1% vs 2024
- Primary geography
- New York (14% 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 Xcelsior Syndicate Group funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Excelsior High School STEM Program ($6K). Together the top 2 received $6K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Xcelsior Syndicate Group gives
- Giving fell 61% from 2022 to 2025. Method
- In 2025 it paid out 145% of 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 2022 to 2025, annual grant giving ranged from $6K (2023) to $16K (2022). In 2025 it made 2 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Excelsior High School STEM Program | educationalSTEM support | $5,515 |
| DASH Athletic Group NY Chapter Inc Yonkers, NY | Assist Academic andAthletics Programs | $900 |
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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 | $14,686 | $12,786 | $9,656 | $6,415 | 2 | $900 | $621 |
| 2024 | $11,556 | $21,160 | $14,001 | $13,697 | 2 | — | $587 |
| 2023 | $4,397 | $7,507 | $6,931 | $6,015 | 2 | — | $278 |
| 2022 | $3,821 | $23,014 | $19,193 | $16,365 | 1 | — | $163 |
Under IRS private-foundation payout rules, Xcelsior Syndicate Group reported a distributable amount of $621 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Xcelsior Syndicate Group is led by Adlai Saunders, President on every filing since 2022; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Adlai Saunders
President
On filings since 2022
20 hrs/week
No compensation reported
Carlton Reid
Vice President
On filings since 2022
5 hrs/week
No compensation reported
Gregory Hazel
Secretary
On filings since 2022
5 hrs/week
No compensation reported
Bertram Beckett TREASURER
Treasurer
On filings since 2023
5 hrs/week
No compensation reported
Former officers (1)
- Former: Bertram Beckett (2022) — Tresaurer
Data from IRS Form 990 filings, 2022–2025. "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 Xcelsior Syndicate Group
How much does Xcelsior Syndicate Group give each year?
Xcelsior Syndicate Group gave $6K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 2 grants.
How large is Xcelsior Syndicate Group?
Xcelsior Syndicate Group reported $15K in total assets on its 2025 IRS Form 990-PF. It paid out $900 in qualifying distributions that year, against a required minimum of $621 (roughly 5% of its investment assets).
What is Xcelsior Syndicate Group?
Xcelsior Syndicate Group is a private foundation focused on Education, based in Plainfield, NJ. It holds $15K in total assets as of 2025.
Where does Xcelsior Syndicate Group operate?
Xcelsior Syndicate Group has awarded grants in New York.
What is Xcelsior Syndicate Group's EIN?
Xcelsior Syndicate Group's EIN (Employer Identification Number) is 88-0609116. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Xcelsior Syndicate Group funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Xcelsior Syndicate Group's focus areas in our free grants database
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