Martin & Susan Sanders Family Foundation
- Assets
- $458.7k
- Revenue
- -$3.5k
- Investments
- $30.0k
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2017
- Data as of
- 11/2023
- EIN
- 81-4656546
Organization Overview
Martin & Susan Sanders Family Foundation is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Martin & Susan Sanders 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSOR OF CLASSICAL MUSIC ENRICHMENT PROGRAM FOR YOUTH PURCHASE OF MUSICAL INSTRUMENTS FOR USE BY STUDENTS PARTICIPATING IN MUSIC ENRICHMENT PROGRAM SPONSOR OF GUEST MUSICIANS PERFORMING AT SCHOOL ASSEMBLIES IN NYC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sanders Emmanuel Director | 0 | $0 | |
Sanders Susan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,140 |
| Dividends & Interest | $3,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$19,246 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,505 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $106,721 |
| Total operating and administrative expenses | $109,416 |
| Contributions, gifts, grants paid | $54,362 |
| Total expenses and disbursements | $163,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,787 |
| Savings and temporary cash investments | $422,931 |
| 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 | $458,727 |
| 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 | $1,579 |
| Total liabilities | $1,579 |
Grants Awarded
Over the last fiscal year, Martin & Susan Sanders Family Foundation has awarded $54,362 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JOHNS HOPKINS UNIVERSITY PURPOSE: DONATION | $1,000 |
FUCHS MIZRACHI SCHOOL PURPOSE: DONATION | $52,362 |
PHYLLIS F ALBSTEIN FUND PURPOSE: DONATION | $1,000 |