Is Jeffrey H And Shari L Aronsonfamily Foundation Legit?

The Jeffrey H And Shari L Aronsonfamily Foundation demonstrates strong financial health, with assets consistently growing over the past decade, reaching $176,020,707. The foundation's revenue has shown significant fluctuations, with a notable peak of $58,655,339 in 2021 and $37,806,958 in 2020, indicating a reliance on investment returns or large contributions. Expenses have generally increased in line with the foundation's growth, with the latest reported expenses at $9,696,851 against revenues of $16,898,580 in 2023, showing a healthy surplus for future grantmaking. The foundation appears to be highly efficient in its spending, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This suggests that administrative costs are likely kept very low, maximizing the funds available for programmatic activities. The NTEE code T20 indicates a focus on grantmaking foundations, which typically have lower overheads compared to direct service charities. Transparency is strong given the consistent filing of IRS Form 990s over a decade, providing a clear financial history. The absence of officer compensation is a positive indicator for donors concerned about executive pay. The foundation's substantial asset base and consistent operational surpluses suggest a sustainable model for its philanthropic endeavors.