Marc Sanders Foundation
- Assets
- $8.3m
- Revenue
- $615.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Hillsborough, NJ
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 22-3840808
Organization Overview
Marc Sanders Foundation is located in Hillsborough, NJ. The organization was established in 2002. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marc Sanders 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 12/2021, Marc Sanders Foundation generated $615.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $485.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
RESEARCH IN METAPHYSICS AND PHILOSOPHICAL THEORY
SCHOLARSHIPS
WEBSITE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey Sayre-Mccord Executive Director | 0 | $123,751 | |
Barry Lam Associate Director | 0 | $60,000 | |
Evangelene Hensell Program Manager | 0 | $6,498 | |
Eric Sanders Chairman | 0 | $0 | |
Jeffrey Pasek Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $296,073 |
| Interest on Savings | $79,087 |
| Dividends & Interest | $83,818 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $155,858 |
| Capital Gain Net Income | $155,858 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $624 |
| Total Revenue | $615,460 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $190,247 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,974 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,764 |
| Printing and publications | $0 |
| Other expenses | $63,161 |
| Total operating and administrative expenses | $360,865 |
| Contributions, gifts, grants paid | $124,941 |
| Total expenses and disbursements | $485,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $640,008 |
| Savings and temporary cash investments | $3,945,545 |
| 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 | $1,412,434 |
| Total assets | $8,281,655 |
| 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, Marc Sanders Foundation has awarded $360,733 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS SCHOLARSHIPS PURPOSE: EDUCATION | $349,233 |
HONORARIUM PURPOSE: EDUCATION | $11,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marc Sanders Foundation has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Fenwick Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of United Hatzalah Inc New York, NY | $21,398,507 | $34,797,330 |
Institute Of Certified Mgt Accoun Tants Inc Montvale, NJ | $14,001,661 | $20,791,467 |
Modern Language Association Of America New York, NY | $26,742,104 | $16,207,433 |
American Philosophical Society Philadelphia, PA | $294,142,753 | $31,170,811 |
Pen American Center Inc New York, NY | $36,781,487 | $29,059,092 |
Commercial Real Estate Finance Council Inc New York, NY | $15,641,619 | $8,091,268 |
Academy Of American Poets Incorporated New York, NY | $16,980,319 | $4,039,105 |
Center For Inquiry Inc Amherst, NY | $8,104,198 | $5,991,557 |
National Book Foundation Inc New York, NY | $4,696,616 | $3,836,375 |
Hawthornden Literary Retreat Pittsburgh, PA | $228,597,299 | $115,561,060 |
New York Council For The Humanities New York, NY | $2,496,894 | $3,586,085 |
Institute On Religion And Public Life New York, NY | $2,017,978 | $3,465,184 |