Peter Sategna Educational Foundation
- Assets
- $581.9k
- Revenue
- $40.2k
- Investments
- $550.7k
- Employees
- 0
- Location
- Pleasanton, CA
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 26-1702354
Organization Overview
Peter Sategna Educational Foundation is located in Pleasanton, CA. The organization was established in 2008. 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. Peter Sategna Educational 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, Peter Sategna Educational Foundation generated $40.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $72.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Peter Sategna Educational Foundation has awarded 43 individual grants totaling $433,036. 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 |
|---|---|---|---|
Lee Stimmel Co-Chairman | 3 | $0 | |
Shannon Smith- Sucato Co-Chairman | 5 | $0 | |
Angiemaserati Director | 3 | $0 | |
Austin Smith Director | 3 | $0 | |
Taylor Smith Director | 3 | $0 | |
John Anderson Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46 |
| Dividends & Interest | $24,561 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,579 |
| Capital Gain Net Income | $15,579 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,186 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,162 |
| Depreciation | $0 |
| Occupancy | $9,239 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,128 |
| Total operating and administrative expenses | $29,801 |
| Contributions, gifts, grants paid | $42,315 |
| Total expenses and disbursements | $72,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,376 |
| 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 | $219,188 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $893 |
| Total assets | $581,933 |
| 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, Peter Sategna Educational Foundation has awarded $42,315 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE WATER PURPOSE: SCHOLARSHIPS | $2,500 |
SCHOLARSHIPS INC PURPOSE: SCHOLARSHIPS | $20,000 |
SMSAO PURPOSE: SCHOLARSHIPS | $19,815 |