Sansom Family Foundation
- Assets
- $14.4m
- Revenue
- $398.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 46-1631319
Organization Overview
Sansom Family Foundation is located in Knoxville, TN. The organization was established in 2015. 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. Sansom 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 12/2023, Sansom Family Foundation generated $398.0k 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 (6.1%) each year. All expenses for the organization totaled $369.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sansom Family Foundation has awarded 13 individual grants totaling $1,954,281. 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 |
|---|---|---|---|
William B Sansom Director | 1 | $0 | |
Elisabeth S Sansom Director | 1 | $0 | |
Kathryn S Eggleston Director | 1 | $0 | |
Michael D Morton Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $49,519 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$151,559 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $397,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,597 |
| Depreciation | $363,235 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,810 |
| Total operating and administrative expenses | $369,642 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $369,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,998,616 |
| 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 | $9,381,214 |
| Other assets | $4,344 |
| Total assets | $14,384,174 |
| 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, Sansom Family Foundation has awarded $1,224,681 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE CITADEL FOUNDATION PURPOSE: GENERAL FUND/ CITADEL PROJECT | $1,179,925 |
THIRVE LONSDALE PURPOSE: GENERAL FUND | $44,756 |