The Fox Aarons Foundation

Lake Success, NY 11042 EIN 814159057

https://N/A
$3.7M Total Assets (2018)
N/A Total Giving (2018)
52 Grants on File (2018–2024)
N/A Avg Grant Size

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $720,000. This amount represents 25% or more of the Foundation's net assets of $2,821,988 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone 8008391754

Financial Trends 2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2018 N/A $3.7M $319K N/A
2020 N/A $2.8M $32K N/A
2021 N/A $2.3M $432K N/A
2022 $920K $1.2M $18K 15
2023 N/A $1.1M $282K N/A
2024 N/A $579K $-52K N/A

Grant Size Distribution

Based on 52 grants on record

Minimum
$5K
25th Pctl
$15K
Median
$25K
Average
$46K
75th Pctl
$50K
Maximum
$250K

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
Philip Aarons Dir, Treas
Zachary Aarons Dir, Sec
Shelley Fox Aarons Dir, Pres

Grants Awarded (52 total)

RecipientLocationAmountPurposeYear
NEW MUSEUM OF CONTEMPORARY ART NEW YORK, NY $250,000 Capital Campaign 2022
BROOKLYN INSTITUTE OF ARTS AND SCIENCES BROOKLYN, NY $125,000 Exhibition Support 2022
BROOKLYN MUSEUM BROOKLYN, NY $125,000 For the exhibition "Copyshop Manifestos: Artists Who Make Zines" 2023
PS1 CONTEMPORARY ART CENTER INC LONG IS CITY, NY $123,250 General & Unrestricted 2024
FRIENDS OF THE HIGH LINE INC NEW YORK, NY $120,000 High Line Art Program and General Operating fund 2024
PS1 CONTEMPORARY ART CENTER INC LONG IS CITY, NY $100,000 General & Unrestricted 2022
FRIENDS OF THE HIGH LINE INC NEW YORK, NY $100,000 Highline Art 2022
PS1 CONTEMPORARY ART CENTER INC LONG IS CITY, NY $100,000 General & Unrestricted 2023
NEW MUSEUM OF CONTEMPORARY ART NEW YORK, NY $97,240 General & Unrestricted 2023
NEW MUSEUM OF CONTEMPORARY ART NEW YORK, NY $96,500 General & Unrestricted 2024
CREATIVE TIME INC NEW YORK, NY $50,000 General & Unrestricted 2022
LOWER EAST SIDE TENEMENT MUSEUM NEW YORK, NY $50,000 General & Unrestricted 2022
FRIENDS OF THE HIGH LINE INC NEW YORK, NY $50,000 High Line Art 2024
LOWER EAST SIDE TENEMENT MUSEUM NEW YORK, NY $50,000 General & Unrestricted 2024
FRIENDS OF THE HIGH LINE INC NEW YORK, NY $50,000 High Line Art 2023
BROWN UNIVERSITY PROVIDENCE, RI $50,000 The Performing Arts Center 2023
BROWN UNIVERSITY OF PROVIDENCE PROVIDENCE, RI $50,000 Brown PAC, Fox Aarons Family Studio 2022
BROWN UNIVERSITY PROVIDENCE, RI $50,000 Performing Arts Building fund 2024
FRIENDS OF THE HIGH LINE INC NEW YORK, NY $47,300 High Line Art Program 2023
BROWN UNIVERSITY PROVIDENCE, RI $40,000 The Orlando Bravo Center for Economic Research 2023
BROWN UNIVERSITY PROVIDENCE, RI $40,000 Orlando Bravo Center for Economic Research 2024
FRIENDS OF THE HIGH LINE INC NEW YORK, NY $40,000 General Operating Support 2023
CREATIVE TIME INC NEW YORK, NY $35,000 General Operating Support 2023
NEW MUSEUM OF CONTEMPORARY ART NEW YORK, NY $35,000 General & Unrestricted 2022
PRINTED MATTER INC NEW YORK, NY $30,000 General & Unrestricted 2022