Sanford J Grossman Charitable Tr
- Assets
- $9.9m
- Revenue
- $1.9m
- Investments
- $9.9m
- Employees
- 0
- Location
- Basalt, CO
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 33-6316059
Organization Overview
Sanford J Grossman Charitable Tr is located in Basalt, CO. The organization was established in 2003. 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. Sanford J Grossman Charitable Tr 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, Sanford J Grossman Charitable Tr generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 30.0% per year over the past 8 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 2015, Sanford J Grossman Charitable Tr has awarded 60 individual grants totaling $10,221,665. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,503,246 |
| Interest on Savings | $0 |
| Dividends & Interest | $365,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,137 |
| Capital Gain Net Income | $1,137 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,869,610 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $373,674 |
| Printing and publications | $0 |
| Other expenses | $22,803 |
| Total operating and administrative expenses | $410,957 |
| Contributions, gifts, grants paid | $2,490,414 |
| Total expenses and disbursements | $2,901,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,028 |
| 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 |
| Total assets | $9,863,024 |
| Accounts payable and accrued expenses | $585 |
| 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 | $585 |
Grants Awarded
Over the last fiscal year, Sanford J Grossman Charitable Tr has awarded $2,490,414 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL UNRESTRICTED | $1,004,809 |
New York, NY PURPOSE: GENERAL UNRESTRICTED | $878,286 |
MT SINAI HEALTH SYSTEM PURPOSE: GENERAL UNRESTRICTED | $181,428 |
New York, NY PURPOSE: GENERAL UNRESTRICTED | $125,469 |
Chicago, IL PURPOSE: GENERAL UNRESTRICTED | $124,989 |
Chicago, IL PURPOSE: GENERAL UNRESTRICTED | $124,933 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Kemper & Ethel Marley Foundation Phoenix, AZ | $235,853,723 | $45,107,707 |
Lannan Foundation Santa Fe, NM | $172,893,423 | $11,573,580 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |