Wade E & Viola Sackner Foundation
- Assets
- $8.2m
- Revenue
- $103.4k
- Investments
- $8.0m
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 10/1954
- Data as of
- 11/2023
- EIN
- 38-6092077
Organization Overview
Wade E & Viola Sackner Foundation is located in Grand Rapids, MI. The organization was established in 1954. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Wade E & Viola Sackner 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 11/2023, Wade E & Viola Sackner Foundation generated $103.4k 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 (5.6%) each year. All expenses for the organization totaled $541.3k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wade E & Viola Sackner Foundation has awarded 58 individual grants totaling $4,311,799. 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 |
|---|---|---|---|
Michelle Van Dyke President/treasurer | 0.1 | $0 | |
Amy Stuursma Trustee | 0.1 | $0 | |
Ryan Smith Trustee | 0.1 | $0 | |
Dave Devrou Trustee | 0.1 | $0 | |
Tony Gerheiser Vice President | 0.1 | $0 | |
John T Mcfarland Secretary/trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $91,939 |
| Dividends & Interest | $162,197 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$150,732 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,139 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $101,575 |
| Contributions, gifts, grants paid | $439,678 |
| Total expenses and disbursements | $541,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253,527 |
| 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 | $738,770 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $15,324 |
| Total assets | $8,231,661 |
| 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, Wade E & Viola Sackner Foundation has awarded $439,678 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MARY FREE BED FUND PURPOSE: GRANT WAS USED FOR THE PURPOSE OF ASSISTING DISABLED CHILDREN. | $146,558 |
SALADIN SHRINE TRUST FOR CHILDREN PURPOSE: GRANT WAS FOR THE PURPOSE OF ASSISTING DISABLED CHILDREN. | $73,280 |
THE HEART OF WEST MICHIGAN UNITED WAY PURPOSE: GRANT WAS USED TO FURTHER THE UNITED WAY'S CHARITABLE PURPOSE. | $73,280 |
AMERICAN RED CROSS OF WEST MICHIGAN PURPOSE: GRANT WAS USED TO FURTHER THE RED CROSS' CHARIABLE PURPOSE. | $73,280 |
AMERICAN CANCER SOCIETY MICHIGAN DIVISION PURPOSE: GRANT WAS USED TO FURTHER THE CANCER SOCIETY'S CHARITABLE PURPOSE. | $73,280 |