Sarah Ketterer Family Foundation
- Assets
- $52.0m
- Revenue
- $661.8k
- Investments
- $49.9m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-6959013
Organization Overview
Sarah Ketterer Family Foundation is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public 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. Sarah Ketterer 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, Sarah Ketterer Family Foundation generated $661.8k 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 (23.3%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sarah Ketterer Family Foundation has awarded 113 individual grants totaling $16,699,000. 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
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $483 |
| Dividends & Interest | $1,678,380 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,017,106 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $81 |
| Total Revenue | $661,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,816 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $201,923 |
| Contributions, gifts, grants paid | $2,815,000 |
| Total expenses and disbursements | $3,016,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,976,072 |
| 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 | $3,166,285 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $95,167 |
| Total assets | $51,996,735 |
| 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, Sarah Ketterer Family Foundation has awarded $2,815,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
STANFORD UNIVERSITY- DE PURPOSE: GENERAL OPERATING SUPPORT | $900,000 |
FOUNDATION FOR INDIVIDUAL RIGHTS AND EXPRESSION PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
STANFORD UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $500,000 |
AMERICANS FOR PROSPERITY PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
STAND TOGETHER TRUST PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
UT SOUTHWESTERN MEDICAL CENTER PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |