Newell B Sargent Foundation
- Assets
- $14.8m
- Revenue
- $624.9k
- Investments
- $11.3m
- Employees
- 0
- Location
- Worland, WY
- Founding
- 05/1986
- Data as of
- 10/2023
- EIN
- 83-0271536
Organization Overview
Newell B Sargent Foundation is located in Worland, WY. The organization was established in 1986. 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. Newell B Sargent 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 10/2023, Newell B Sargent Foundation generated $624.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $818.9k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Newell B Sargent Foundation has awarded 65 individual grants totaling $3,938,037. 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 |
|---|---|---|---|
Ron Hansen Director | 12 | $9,000 | |
Charles W Smith Director | 12 | $36,000 | |
Kent Richins Director | 10 | $36,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $58,758 |
| Dividends & Interest | $208,283 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $357,820 |
| Capital Gain Net Income | $357,820 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $624,861 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,542 |
| Depreciation | $393 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,286 |
| Total operating and administrative expenses | $202,593 |
| Contributions, gifts, grants paid | $616,287 |
| Total expenses and disbursements | $818,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,294,590 |
| 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 | $7,780 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,307,677 |
| Net Land, buildings, and equipment | $1,134,091 |
| Other assets | $72,893 |
| Total assets | $14,817,031 |
| Accounts payable and accrued expenses | $18,639 |
| 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 | $7,089 |
| Total liabilities | $25,728 |
Grants Awarded
Over the last fiscal year, Newell B Sargent Foundation has awarded $616,287 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE TRUST PURPOSE: GENERAL FUND OF CHARITABLE ORGANIZATIONS FOR EXPENSES RELATED TO CHARITABLE PURPOSES. | $600,000 |
NEW HOPE HUMANE SOCIETY PURPOSE: GENERAL USE IN HUMANE SOCIETY OPERATIONS. | $16,287 |