Steven B Sands Foundation Inc
- Assets
- $288.7k
- Revenue
- -$73.3k
- Investments
- $196.8k
- Employees
- 0
- Location
- Locust Valley, NY
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 81-4587689
Organization Overview
Steven B Sands Foundation Inc is located in Locust Valley, NY. The organization was established in 2018. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steven B Sands 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.
Since 2017, Steven B Sands Foundation Inc has awarded 15 individual grants totaling $150,300. 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 |
|---|---|---|---|
Steven B Sands Pres | 1 | $0 | |
Katherine Sands Secretary | 1 | $0 | |
William Sands Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$74,401 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$73,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $100 |
| Other expenses | $72 |
| Total operating and administrative expenses | $172 |
| Contributions, gifts, grants paid | $103,500 |
| Total expenses and disbursements | $103,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,988 |
| 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 | $196,758 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $288,746 |
| 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, Steven B Sands Foundation Inc has awarded $103,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWELL HEALTH FOUNDATION PURPOSE: TO FURTHER EDUCATION AND RESEARCH | $50,000 |
THE KENYA EDUCATION FUND PURPOSE: TO FURTHER EDUCATION AND RESEARCH | $1,000 |
SHULAMITH SCHOOL PURPOSE: TO FURTHER EDUCATION AND RESEARCH | $2,500 |
NORTHWELL HEALTH FOUNDATION PURPOSE: TO FURTHER EDUCATION AND RESEARCHTO FURTHER EDUCATION AND RESEARCH | $50,000 |