Sunlight Foundation is located in Nashville, TN. The organization was established in 2000. 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. Sunlight 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, Sunlight Foundation generated $447.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $526.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sunlight Foundation has awarded 71 individual grants totaling $1,112,761. 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
N A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Siktberg Secretary | 4 | $0 | |
Deborah Sherman President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $284,349 |
| Interest on Savings | $0 |
| Dividends & Interest | $154,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,062 |
| Capital Gain Net Income | $9,062 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $447,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,686 |
| Depreciation | $3,428 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,379 |
| Printing and publications | $0 |
| Other expenses | $489 |
| Total operating and administrative expenses | $81,093 |
| Contributions, gifts, grants paid | $445,000 |
| Total expenses and disbursements | $526,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,097 |
| 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 | $4,843,527 |
| 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 |
Over the last fiscal year, Sunlight Foundation has awarded $445,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BAYLOR UNIVERSITY PURPOSE: SCHOLARSHIP | $110,000 |
VANDERBILT MEDICAL CENTER DEV PURPOSE: DEVELOPMENT | $50,000 |
ETSU FOUNDATION PURPOSE: SCHOLARSHIP FUND | $10,000 |
MOODY AVIATION PURPOSE: SCHOLARSHIP FUND | $10,000 |
UNIV OF WISCONSIN FOUNDATION PURPOSE: SCHOLARSHIP FUND | $5,000 |
REFORMED UNIVERSITY FELLOWSHIP PURPOSE: STAFF SUPPORT | $6,000 |