S & R Foundation is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. S & R 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, S & R Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $7.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, S & R Foundation has awarded 125 individual grants totaling $52,536,870. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL IMPACT PROGRAMS TO DEVELOP YOUNG ARTISTS AND MUSICIANS.
FINANCIAL SUPPORT FOR INDIVIDUALS AND INSTITUTIONS TO DEVELOP YOUNG ARTISTS AND MUSICIANS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sachiko Kuno President | 40 | $0 | |
Marianne F Chaconas Vice President | 5 | $0 | |
Douglas W Charnas Secretary/treasurer | 6 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sage Communications | 12/30/17 | $181,566 |
Georgetown University | 12/30/17 | $100,000 |
Joseph Septime Webre | 12/30/17 | $74,712 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $1,340,539 |
| Net Rental Income | $36,263 |
| Net Gain on Sale of Assets | -$510,948 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $855,338 |
| Total Revenue | $1,721,199 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $182,940 |
| Taxes | $288,335 |
| Depreciation | $422,549 |
| Occupancy | $203,096 |
| Travel, conferences, and meetings | $3,846 |
| Printing and publications | $0 |
| Other expenses | $201,410 |
| Total operating and administrative expenses | $1,778,771 |
| Contributions, gifts, grants paid | $5,886,701 |
| Total expenses and disbursements | $7,665,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,081,210 |
| Savings and temporary cash investments | $22,601 |
| Net Accounts receivable | $11,833 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $2,500,756 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,966,571 |
| Net Land, buildings, and equipment | $28,710,392 |
| Other assets | $0 |
| Total assets | $93,262,337 |
| Accounts payable and accrued expenses | $30,909 |
| Grants payable | $2,718,543 |
| Deferred revenue | $3,593 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $8,770,225 |
| Other liabilities | $14,853 |
| Total liabilities | $11,538,123 |
Over the last fiscal year, S & R Foundation has awarded $5,886,701 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
100 REPORTERS PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $50,000 |
ANTI-DEFAMATION LEAGUE (ADL) PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $15,000 |
ARENA STAGE PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $10,000 |
BOYS & GIRLS CLUBS OF GREATER WASHINGTON PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $2,895,442 |
CITIZENS ASSOCIATION OF GEORGETOWN PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $10,000 |
CITYDANCE INC PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $25,000 |