Blue Sands Foundation
- Assets
- $10.8m
- Revenue
- -$192.0
- Investments
- $10.7m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 37-1797396
Organization Overview
Blue Sands Foundation is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Sands Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Blue Sands Foundation has awarded 95 individual grants totaling $4,466,299. 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
BLUE SANDS COMBINES PHILANTHROPY WITH PROFESSIONAL GUIDANCE TO PROVIDE CAPABLE INDIVIDUALS AND DESERVING CHILDREN OF LIMITED RESOURCES WITH OPPORTUNITIES TO CULTIVATE ESSENTIAL WORK AND LIFE SKILLS THAT HELP THEM BECOME FINANCIALLY SELF-SUFFICIENT AND INDEPENDENT.WE PROVIDE FINANCIAL GRANTS TO FLEDGLING ORGANIZATIONS AND PROGRAMS, AND, ON OCCASION, TO LOW-INCOME INDIVIDUALS WITH PROMISE TO JUMPSTART OR EXPAND EXPERTISE IN EDUCATION, BUSINESS OR ESSENTIAL SKILLS.OUR GOAL IS TO IMPROVE THE STANDARD OF LIVING WITHIN A SEGMENT OF SOCIETY THROUGH COMMUNITY-BASED PROGRAMS AND GROUPS. OUR HOPE IS TO SUPPORT NOT ONLY THE GRANT RECIPIENTS, BUT ALSO THEIR EXTENDED FAMILIES AND RESPECTIVE COMMUNITIES. AS SUCH, WE HOPE OUR GRANTEE WILL HELP PAY IT FORWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Warnke Director | 0.1 | $0 | |
Dalia Fateh Director | 0.1 | $0 | |
Eric Hirsch Director | 0.1 | $0 | |
Hossein Fateh Director | 0.1 | $0 | |
Jada Spriggs Executive Director | 0.1 | $0 | |
Leandro Alves Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,555 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,551 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,196 |
| Total Revenue | -$192 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,329 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $37,476 |
| Contributions, gifts, grants paid | $1,123,838 |
| Total expenses and disbursements | $1,161,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,055 |
| 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 | $10,677,398 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,777,453 |
| 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 | $10,000 |
| Total liabilities | $10,000 |
Grants Awarded
Over the last fiscal year, Blue Sands Foundation has awarded $1,123,838 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPUS INTERNATIONAL PURPOSE: HOUSING SUPPORT | $3,447 |
AIGLON COLLEGE ASSOCIATION PURPOSE: SCHOLARSHIP FUND | $283,350 |
GEORGETOWN - MSB DEAN'S LEADERSHIP FUND PURPOSE: GENERAL DONATION | $25,000 |
HOSPITAL FOR SPECIAL SURGERY FOUNDATION PURPOSE: GENERAL DONATION | $5,000 |
PRIOR'S FIELD SCHOOL PURPOSE: TUITION SUPPORT | $47,637 |
SWISS SCHOOL OF TOURISM PURPOSE: TUITION SUPPORT | $27,582 |