Dona & Sam Scott Foundation
- Assets
- $7.7m
- Revenue
- $557.3k
- Investments
- $7.4m
- Employees
- 0
- Location
- Longboat Key, FL
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 46-1562521
Organization Overview
Dona & Sam Scott Foundation is located in Longboat Key, FL. The organization was established in 2013. 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. Dona & Sam Scott 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 12/2023, Dona & Sam Scott Foundation generated $557.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $436.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dona & Sam Scott Foundation has awarded 111 individual grants totaling $3,035,228. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE DONATIONS RELATED TO EDUCATION ; NO EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dona Scott President/secretary | 1 | $0 | |
Sam Scott Treasurer | 1 | $0 | |
Kyle Williams Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $271,030 |
| Interest on Savings | $0 |
| Dividends & Interest | $189,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $97,228 |
| Capital Gain Net Income | $97,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $557,328 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,838 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,658 |
| Total operating and administrative expenses | $51,696 |
| Contributions, gifts, grants paid | $385,000 |
| Total expenses and disbursements | $436,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $262,587 |
| 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 | $7,399,603 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,662,190 |
| 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, Dona & Sam Scott Foundation has awarded $385,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL MATTERS PURPOSE: GENERAL | $25,000 |
ALL FAITHS FOOD BANK PURPOSE: GENERAL | $30,000 |
BLACK ENSEMBLE THEATER PURPOSE: GENERAL | $10,000 |
EDUCATION FOUNDATION OF SARASOTA COUNTY PURPOSE: GENERAL | $10,000 |
GAMMA XI BOULE FOUNDATION PURPOSE: GENERAL | $26,000 |
SARASOTA ART MUSEUM PURPOSE: GENERAL | $20,000 |