Sands Family Foundation Inc
- Assets
- $258.4m
- Revenue
- $15.3m
- Investments
- $250.3m
- Employees
- 0
- Location
- Victor, NY
- Founding
- 11/1959
- Data as of
- 12/2022
- EIN
- 54-6052978
Organization Overview
Sands Family Foundation Inc is located in Victor, NY. The organization was established in 1959. 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. Sands Family Foundation 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 12/2022, Sands Family Foundation Inc generated $15.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $15.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sands Family Foundation Inc has awarded 275 individual grants totaling $53,919,097. 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 |
|---|---|---|---|
Robert Sands President | 0 | $0 | |
Richard Sands Vice President | 0 | $0 | |
Ginny Clark Executive Director | 35 | $293,569 | |
Jennifer Garsin Treasurer | 0 | $0 | |
Meghan Schubmehl Ass't Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,903,371 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $430,044 |
| Capital Gain Net Income | $430,044 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,333,415 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $293,569 |
| Other employee salaries and wages | $1,342 |
| Pension plans, employee benefits | $20,297 |
| Interest | $91 |
| Taxes | $78,394 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $579 |
| Total operating and administrative expenses | $721,023 |
| Contributions, gifts, grants paid | $14,314,124 |
| Total expenses and disbursements | $15,035,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,597 |
| 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 | $60,731,335 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,488,870 |
| Total assets | $258,407,992 |
| 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, Sands Family Foundation Inc has awarded $14,314,124 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA RATON REGIONAL HOSPITAL FOUNDATION PURPOSE: UNRESTRICTED PROGRAM USE | $238,000 |
BOYS AND GIRLS CLUB OF GENEVA PURPOSE: UNRESTRICTED PROGRAM USE | $5,000 |
BRISTOL VALLEY PLAYHOUSE FOUNDATION INC PURPOSE: UNRESTRICTED PROGRAM USE | $10,000 |
BUSINESS FOUNDATION OF THE FINGERLAKES PURPOSE: UNRESTRICTED PROGRAM USE | $2,500 |
DENVER FILM SOCIETY PURPOSE: UNRESTRICTED PROGRAM USE | $30,928 |
E3 ROCHESTER PURPOSE: UNRESTRICTED PROGRAM USE | $10,000 |