Sandals Foundation Inc
- Assets
- $150.7k
- Revenue
- $376.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 26-3839455
Organization Overview
Sandals Foundation Inc is located in Miami, FL. The organization was established in 2009. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Sandals 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, Sandals Foundation Inc generated $376.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $308.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SANDALS FOUNDATION SEEKS TO FULFULL THE PROMISE OF THE CARIBBEAN BY INVESTING IN EDUCATION, ENVIRONMENT, HEALTH, AND COMMUNITY. WE STRIVE TO IMPROVE THE PEOPLES LIVES AND PRESERVE NATURAL SURROUNDINGS FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION- FUNDING1. FUNDING FOR SADIE CURTIS SCHOOL TO PURCHASE AN AUTOMATED LIBRARY SYSTEM, STAFFING MEMBERS TO GUIDE STUDENTS, BENEFITING 1,043 PRIMARY SCHOOL STUDENTS. (NASSAU)2. PARTNERSHIP WITH MINISTRY OF EDUCATION AND THE TARR FAMILY TO PURCHASE 347 DESK/CHAIR COMBOS AND 200 DIGITAL TABLETS (ST. LUCIA).3. HOSPITALITY TRAINING AT THE CLEMENT HOWELL HIGH SCHOOL FOR HOSPITALITY TRAINING AND CERTIFICATION (BAHAMAS).
GENERAL OUTREACH/COMMUNITY FUNDING AND IMPLEMENTATION 1. EXUMA HUMANE SOCIETY AND EXUMA SCHOOL BAND EQUIPMENT, SUPPORTING THE HOLISTIC DEVELOPMENT OF YOUNG PEOPLE, BENEFITING 80 YOUTH.2. SUPPORT THE MT. OLIVET BOYS HOME THROUGH ESTABLISHMENT OF A WOODCRAFT WORKSHOP, REFURBISHING EXISTING SPACE, TO PROVIDE THE SKILLS TO BETTER PREPARE THEM FOR THE WORLD OF WORK.3. PROVIDING FUNDING FOR THE FREEDOM SKATEPARKS HOMEWORK PROGRAM (JAN-DEC), COVERING COSTS FOR TUTORS, SUPPLIES, AND FIELD TRIPS, BENEFITING 72 PARTICIPANTS, A 3-YEAR INITIATIVE.4. DISTRIBUTED 14,856 TOYS TO CHILDREN AGES 3-10 THROUGH A TOY DRIVE PARTNERSHIP WITH HASBRO5. FOR WOMEN EMPOWERMENT PROGRAMS, HAVE PROVIDED SUPPORT TO JABEZ HOUSE (A PROGRAM AIMED TO PROVIDE EDUCATION AND TRAINING FOR WOMEN TRAPPED IN THE SEX INDUSTRY (BARBADOS); SPA & COSMETOLOGY SCHOLARSHIPS FOR TRAINING (ANTIGUA); AND TO IMPROVE DIGITAL CAPACITY AND EMPLOYABILITY OF YOUNG PREGNANT WOMEN.
ENVIRONMENTAL- FUNDING1. FUNDING FOR FISH SANCTUARIES IN OCHO RIOS AND WHITEHOUSE (JAMAICA) TO PROVIDE CONSERVATION AND OPERATIONS STATISTICS, INVASIVE SPECIES REMOVAL, AND PUBLIC AWARENESS ON FISHERS ASSOCIATION. FOR FISHERIES CONSERVATION. 2. CARIBBEAN TREE PLANTING PROJECT GEARED TO MOBILIZE CARIBBEAN PHILANTHROPISTS TO COLLABORATE AND COORDINATE EFFORTS TO BUILD AWARENESS ABOUT CLIMATE CHANGE BY THE PLANTING TREES AND OTHER CLIMATE ENGAGEMENTS (ANTIGUA, BARBADOS, GRENADA)3. PARTICIPATION IN THE INTERNATIONAL FISHERMANS DAY, GLOBAL RECYCLING DAY, AND EARTH DAY, BRING AWARENESS (ANTIGUA, BOSCOBEL, AND ALL REGIONS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Daly Director | Trustee | 0.5 | $0 |
Melvin Ming Director | Trustee | 0.5 | $0 |
Nelson Penalver Director | Trustee | 0.5 | $0 |
Peter Blum Director | Trustee | 1.5 | $0 |
Marsha Archer Director | Trustee | 0.5 | $0 |
Lourdes Blanco President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $376,837 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $376,837 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $376,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $161,420 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,148 |
| Advertising and promotion | $28,048 |
| Office expenses | $3,631 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,393 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,972 |
| All other expenses | $106,896 |
| Total functional expenses | $308,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,581 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $31,420 |
| Accounts receivable, net | $3,728 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $150,729 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $150,729 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $150,729 |