Sulentic Family Foundation
- Assets
- $5.2m
- Revenue
- $693.9k
- Investments
- $4.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 20-8025263
Organization Overview
Sulentic Family Foundation is located in Wilmington, DE. The organization was established in 2007. 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. Sulentic Family Foundation 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, Sulentic Family Foundation generated $693.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $677.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sulentic Family Foundation has awarded 119 individual grants totaling $2,929,607. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob James Dir | 1 | $0 | |
Judy Moses Sec | 4 | $15,000 | |
Frank Piasta Dir | 1 | $0 | |
Robert Sulentic Pres | 1 | $0 | |
Susan Sulentic Dir | 1 | $0 | |
Ellie Katherine Sulentic Benjamin Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $499,312 |
| Interest on Savings | $614 |
| Dividends & Interest | $85,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,937 |
| Capital Gain Net Income | $161,501 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,835 |
| Total Revenue | $693,858 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,148 |
| Interest | $0 |
| Taxes | $2,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $38,758 |
| Total operating and administrative expenses | $57,006 |
| Contributions, gifts, grants paid | $620,644 |
| Total expenses and disbursements | $677,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $308,208 |
| 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 | $172,671 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,243,560 |
| 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, Sulentic Family Foundation has awarded $620,644 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
4WORD PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
AMERICAN HEART ASSOCIATION INC PURPOSE: CHARITABLE EVENT | $250 |
BAYLOR HEALTH CARE SYSTEM FOUNDATION PURPOSE: EMPLOYEE EMERGENCY ASSISTANCE INITIATIVE | $25,000 |
BEHIND EVERY DOOR MINISTRIES INC PURPOSE: CEDAR CREST CAPITAL CAMPAIGN FUND | $100,000 |
CANINE COMPANIONS FOR INDEPENDENCE PURPOSE: SOUTH CENTRAL REGION TO BE USED IN SUPPORT OF THE PRISON PUPPY RAISING PROGRAMS AT CARSWELL, BRYAN AND BASTROP; SOUTH WEST REGION TO BE USED IN SUPPORT OF A SERVICE TEAM THAT CONTAINS A DOG RAISED IN ONE OF THE SCR PRISON PROGRAMS | $50,000 |
CATHOLIC CHARITIES OF DALLAS INC PURPOSE: GENERAL & UNRESTRICTED (SEE GENERAL EXPLANATION) | $993 |