Sansom Foundation Inc
- Assets
- $20.5m
- Revenue
- $1.1m
- Investments
- $14.2m
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 03/1959
- Data as of
- 12/2022
- EIN
- 13-6136127
Organization Overview
Sansom Foundation Inc is located in Bonita Springs, FL. The organization was established in 1959. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sansom Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Sansom Foundation Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $977.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sansom Foundation Inc has awarded 87 individual grants totaling $2,861,210. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank M Buscaglia Pres,treas, Dir | 30 | $143,000 | |
Edward M DE Paoli Sec., Director | 10 | $48,000 | |
Jorge H Santis Vp, Director | 10 | $48,000 | |
Richard G Barrette Asst Treas, Dir | 10 | $33,000 | |
Avis Berman Director | 10 | $18,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thompson Hine Llp | 12/30/21 | $59,128 |
Ubs Financial Services Inc | 12/30/21 | $168,018 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $313,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $747,439 |
| Capital Gain Net Income | $747,439 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,200 |
| Total Revenue | $1,068,429 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $290,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $88,233 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $19,312 |
| Printing and publications | $0 |
| Other expenses | $58,320 |
| Total operating and administrative expenses | $695,714 |
| Contributions, gifts, grants paid | $281,441 |
| Total expenses and disbursements | $977,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $557,244 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,788,275 |
| Total assets | $20,549,993 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sansom Foundation Inc has awarded $281,441 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ART FOR PROGRESS PURPOSE: PURCHASE OF MUSICAL INSTRUMENTS FOR NYC HIGH SCHOOL STUDENTS | $10,000 |
BROWARD HOUSE PURPOSE: CARING AND HIV PREVENTION | $20,000 |
CHIMP HAVEN PURPOSE: VETERINARIAN CLINIC PHYSICIAN | $15,000 |
THE FRIENDS OF THE WANAMAKER ORGAN INC PURPOSE: SUPPORT SUMMER EDUCATION PROGRAM FOR YOUNG MUSICIANS | $20,000 |
THE METROPOLITAN OPERA PURPOSE: SUPPORT ITS LINDEMANN YOUNG ARTIST DEVELOPMENT PROGRAM | $20,000 |
NOVA SOUTHEASTERN UNIVERSITY INC PURPOSE: FOR ITS NSU ART MUSEUM FORT LAUDERDALE | $163,441 |