Sulica Fund Inc
- Assets
- $759.4k
- Revenue
- $31.5k
- Investments
- $759.4k
- Employees
- 0
- Location
- Santa Fe, NM
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 52-2199624
Organization Overview
Sulica Fund Inc is located in Santa Fe, NM. The organization was established in 2001. 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. Sulica Fund Inc 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, Sulica Fund Inc generated $31.5k 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 (12.9%) each year. All expenses for the organization totaled $147.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sulica Fund Inc has awarded 369 individual grants totaling $1,578,800. 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 |
|---|---|---|---|
Susan Freeman Mcgee President, Director | 5 | $0 | |
Lisa Freeman Vice-Pres,secr, Treasurer,, Director | 5 | $9,939 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $221 |
| Dividends & Interest | $26,972 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,300 |
| Capital Gain Net Income | $4,300 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,493 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,939 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $749 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,918 |
| Total operating and administrative expenses | $24,556 |
| Contributions, gifts, grants paid | $123,000 |
| Total expenses and disbursements | $147,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $759,365 |
| Accounts payable and accrued expenses | $3,688 |
| 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 | $3,688 |
Grants Awarded
Over the last fiscal year, Sulica Fund Inc has awarded $123,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS NEVE SHALOMWAHAT AL-SALAAM PURPOSE: GENERAL DONATION | $7,000 |
AMERICAN SOC FOR PROTECT OF NATURE IN ISRAEL PURPOSE: GENERAL DONATIONGENERAL DONATIONGENERAL DONATION | $4,500 |
AMIGOS BRAVOS PURPOSE: GENERAL DONATIONGENERAL DONATION | $3,000 |
ARTS FOR THE AGING PURPOSE: GENERAL DONATION | $3,000 |
AXLE PROJECTS PURPOSE: GENERAL DONATION | $1,000 |
BIG LIFE FOUNDATION PURPOSE: GENERAL DONATION | $3,000 |