Sanford P & Irene F Burnstein Charitable Foundation is located in Tulsa, OK. The organization was established in 1990. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanford P & Irene F Burnstein Charitable 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 12/2021, Sanford P & Irene F Burnstein Charitable Foundation generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 19.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sanford P & Irene F Burnstein Charitable Foundation has awarded 528 individual grants totaling $24,609,128. 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.
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mariner Wealth Advisors | 12/30/22 | $94,500 |
Savage Solutions Llc | 12/30/22 | $78,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,450,446 |
| Interest on Savings | $396 |
| Dividends & Interest | $1,819,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,861,021 |
| Capital Gain Net Income | $5,856,091 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $189,440 |
| Total Revenue | $9,320,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $148,193 |
| Pension plans, employee benefits | $0 |
| Interest | $11,879 |
| Taxes | $73,581 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $184,328 |
| Total operating and administrative expenses | $903,006 |
| Contributions, gifts, grants paid | $4,488,183 |
| Total expenses and disbursements | $5,391,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,834 |
| 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 | $81,395,357 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $81,529,191 |
| 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, Sanford P & Irene F Burnstein Charitable Foundation has awarded $5,121,880 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
501 TECH PURPOSE: GENERAL OPERATIONS | $10,000 |
A NEW LEAF PURPOSE: GENERAL OPERATIONS | $161,880 |
ART ALLIANCE TULSA PURPOSE: GENERAL OPERATIONS | $15,000 |
AFRICAN AMERICAN LEADERSHIP ACADEMY TULSA PURPOSE: GENERAL OPERATIONS | $25,000 |
BIG BROTHERS BIG SISTERS OF OKLAHOMA INC PURPOSE: GENERAL OPERATIONS | $25,000 |
BUILD IN TULSA PURPOSE: GENERAL OPERATIONS | $30,000 |