George H And Estelle M Sands Foundation
- Assets
- $70.2m
- Revenue
- $6.3m
- Investments
- $46.9m
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 22-3483828
Organization Overview
George H And Estelle M Sands Foundation is located in Princeton, NJ. The organization was established in 1997. 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. George H And Estelle M Sands 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 12/2023, George H And Estelle M Sands Foundation generated $6.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George H And Estelle M Sands Foundation has awarded 298 individual grants totaling $15,761,203. 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 |
|---|---|---|---|
Jeffrey H Sands Trustee | 0 | $0 | |
Elizabeth Sands Trustee | 0 | $0 | |
Deborah Sands Gartenberg Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wilmington Trust | 12/30/23 | $100,387 |
Ustrust | 12/30/23 | $107,124 |
Raymond James | 12/30/23 | $63,089 |
Wilmington Trust | 12/30/23 | $0 |
U S Trust | 12/30/23 | $0 |
Raymond James | 12/30/23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $138,652 |
| Dividends & Interest | $1,370,073 |
| Net Rental Income | -$63,824 |
| Net Gain on Sale of Assets | $2,150,389 |
| Capital Gain Net Income | $2,150,389 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,880 |
| Total Revenue | $6,280,526 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $104,674 |
| Depreciation | $574,743 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,111,701 |
| Total operating and administrative expenses | $3,142,197 |
| Contributions, gifts, grants paid | $4,104,083 |
| Total expenses and disbursements | $7,246,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $617,993 |
| Savings and temporary cash investments | $4,867,830 |
| 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 | $17,822,237 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,518,681 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $70,207,039 |
| 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 | $227,195 |
| Total liabilities | $227,195 |
Grants Awarded
Over the last fiscal year, George H And Estelle M Sands Foundation has awarded $4,104,083 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
PRINCETON PUBLIC LIBRARY PURPOSE: GENERAL | $225,000 |
SAVE PURPOSE: GENERAL | $25,000 |
TRENTON AREA SOUP KITCHENS PURPOSE: GENERAL | $10,000 |
DRUMTHWACKET FOUNDATION PURPOSE: GENERAL | $1,000 |
ARTS COUNCIL OF PRINCETON PURPOSE: GENERAL | $15,000 |
DELAWARE & RARITAN GREENWAY LAND TRUST PURPOSE: GENERAL | $10,000 |