Sassoon Family Foundation
- Assets
- $2.0m
- Revenue
- $1.1m
- Investments
- $220.6k
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-3872022
Organization Overview
Sassoon Family Foundation is located in Beverly Hills, CA. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Sassoon 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 12/2022, Sassoon Family Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 70.0% each year . All expenses for the organization totaled $618.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sassoon Family Foundation has awarded 368 individual grants totaling $5,400,750. 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 |
|---|---|---|---|
Sunny Sassoon President | 1 | $0 | |
Debbie Sassoon Secretary | 0 | $0 | |
Victor Sassoon Vice President | 0 | $0 | |
Michelle Sassoon Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,100,000 |
| Interest on Savings | $3,039 |
| Dividends & Interest | $87 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,645 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$4,206 |
| Total Revenue | $1,096,275 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $659 |
| Total operating and administrative expenses | $949 |
| Contributions, gifts, grants paid | $617,075 |
| Total expenses and disbursements | $618,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,300 |
| Savings and temporary cash investments | $1,704,028 |
| 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 | $18,134 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $80,625 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,156 |
| Total assets | $1,971,243 |
| 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, Sassoon Family Foundation has awarded $617,075 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF HEBRON HERITAGE PURPOSE: TO FURTHER THE CHARITABLE EFFORTS OF THE ORGANIZATION. | $20,000 |
BAIT AARON INC PURPOSE: TO FURTHER THE CHARITABLE EFFORTS OF THE ORGANIZATION. | $3,600 |
BAYITH LEPLEITOT INC PURPOSE: TO FURTHER THE CHARITABLE EFFORTS OF THE ORGANIZATION. | $1,800 |
CENTER FOR JEWISH COMMUNITY STUDIES PURPOSE: TO FURTHER THE CHARITABLE EFFORTS OF THE ORGANIZATION. | $25,000 |
CHAI LIFELINE PURPOSE: TO FURTHER THE CHARITABLE EFFORTS OF THE ORGANIZATION. | $10,400 |
FRIENDS OF AHAVAT SHALOM PURPOSE: TO FURTHER THE CHARITABLE EFFORTS OF THE ORGANIZATION. | $25,000 |