A R Tony And Maria J Sanchez Family Foundation
- Assets
- $76.2m
- Revenue
- $3.1m
- Investments
- $74.2m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 74-2835977
Organization Overview
A R Tony And Maria J Sanchez Family Foundation is located in Houston, TX. The organization was established in 1997. 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. A R Tony And Maria J Sanchez Family 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 12/2023, A R Tony And Maria J Sanchez Family Foundation generated $3.1m 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 (11.4%) each year. All expenses for the organization totaled $7.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, A R Tony And Maria J Sanchez Family Foundation has awarded 360 individual grants totaling $52,098,337. 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 |
|---|---|---|---|
Maria J Sanchez Snr Vice President | 2 | $0 | |
Frank A Guerra Treasurer | 6 | $0 | |
Ana Lee Sanchez Jacobs President | 16 | $0 | |
Antonio R Sanchez III Vice President | 2 | $0 | |
Eduardo Sanchez Vice President | 2 | $0 | |
Patricio Sanchez Vice President | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sanchez Management Corporation | 12/30/16 | $1,207,312 |
Sanchez Capital Advisors Llc | 12/30/16 | $402,438 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,278 |
| Dividends & Interest | $3,206,116 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$166,896 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,787 |
| Total Revenue | $3,057,285 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,239 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,076 |
| Total operating and administrative expenses | $2,526,451 |
| Contributions, gifts, grants paid | $5,008,306 |
| Total expenses and disbursements | $7,534,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,954,123 |
| 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 | $1,910,465 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $76,191,274 |
| 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, A R Tony And Maria J Sanchez Family Foundation has awarded $6,383,306 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE OF GALVESTON-HOUSTON PURPOSE: IGNITE CAMPAIGN & ST. MICHAEL CHURCH | $50,000 |
ARCHDIOCESE OF GALVESTON-HOUSTON SOCIETY OF ST VINCENT DE PAUL PURPOSE: PROGRAM SUPPORT | $20,000 |
ANGELA HOUSE PURPOSE: GENERAL OPERATING EXPENSES AND SOCIAL SERVICES SUPPORT | $300,000 |
AWTY INTERNATIONAL SCHOOL PURPOSE: CAMPUS CENTER CAPITAL PROJECT | $125,000 |
BAYLOR COLLEGE OF MEDICINE PURPOSE: CARDIOMETABOLIC PROJECT - STH TX, TELEHEALTH PROJECT - RIO GRANDE, & MENTAL HEALTH SCIENCES PARK | $650,000 |
BETHANY HOUSE OF LAREDO INC PURPOSE: RESOURCE CENTER NEW STAFF & SALARY INCREASES FOR EXISTING STAFF, FEED THE HUNGRY - LOCAL CHARITY | $213,340 |