Sutton Family Foundation
- Assets
- $1.1m
- Revenue
- $99.8k
- Investments
- $896.3k
- Employees
- 0
- Location
- Venice, FL
- Founding
- 05/2011
- Data as of
- 12/2022
- EIN
- 27-4256502
Organization Overview
Sutton Family Foundation is located in Venice, FL. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sutton 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, Sutton Family Foundation generated $99.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $71.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sutton Family Foundation has awarded 188 individual grants totaling $276,147. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFTS, CONTRIBUTIONS, AND GRANTS TO CHARITABLE ORGANIZATIONS AND EDUCATIONAL INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan J Sutton Trustee | 2 | $0 | |
Susan J Sutton Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $1,003 |
| Dividends & Interest | $35,047 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,725 |
| Capital Gain Net Income | $13,725 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $99,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,895 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,674 |
| Printing and publications | $0 |
| Other expenses | $4,351 |
| Total operating and administrative expenses | $12,635 |
| Contributions, gifts, grants paid | $59,239 |
| Total expenses and disbursements | $71,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,815 |
| Savings and temporary cash investments | $0 |
| 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 | $896,273 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,118,088 |
| 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, Sutton Family Foundation has awarded $59,239 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: TO ASSIST IN BUILDING HEALTHIER LIVES FREE OF CARDIOVASCULAR DISEASE AND STROKE | $3,000 |
BACK TO THE WILD INC PURPOSE: REHABILITATION AND RELEASE OF WILDLIFE | $200 |
BEDFORD HISTORICAL SOCIETY PURPOSE: TO COLLECT, PRESERVE & INTERPRET THE HISTORY OF BEDFORD, BEDFORD TOWNSHIP & PORTIONS OF THE WEST RES | $1,000 |
BEDFORD CITY SCHOOL FOUNDATION PURPOSE: GENERAL FUND TO SUPPORT BEDFORD SCHOOLS | $1,000 |
DDC CLINIC PURPOSE: TO AID CHILDREN WITH SPECIAL NEEDS | $1,000 |
COLINS HOPE PURPOSE: WATER SAFETY AND DROWNING PREVENTION | $515 |