Saenz Family Foundation
- Assets
- $3.2m
- Revenue
- $566.7k
- Investments
- $3.2m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 83-2521180
Organization Overview
Saenz Family Foundation is located in Dallas, TX. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Saenz 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 12/2022, Saenz Family Foundation generated $566.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $126.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Saenz Family Foundation has awarded 48 individual grants totaling $279,557. 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 |
|---|---|---|---|
Hernan Jf Saenz III Trustee | 2 | $0 | |
Silvia E Cespedes Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $514,812 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,778 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,866 |
| Capital Gain Net Income | $272,865 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $566,724 |
| 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 | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,085 |
| Contributions, gifts, grants paid | $116,140 |
| Total expenses and disbursements | $126,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,740 |
| Savings and temporary cash investments | $30,000 |
| 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 | $704 |
| Total assets | $3,213,981 |
| 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, Saenz Family Foundation has awarded $116,140 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
GIRL SCOUTS OF N TEXAS PURPOSE: SUPPORT OF GIRL'S LEADERSHIP TRAINING | $200 |
CORNELL UNIVERSITY PURPOSE: SUPPORT OF HIGHER EDUCATION | $54,000 |
FAMILY GATEWAY PURPOSE: SUPPORT OF HOMELESS FAMILIES | $300 |
DALLAS THEATER CENTER PURPOSE: SUPPORT OF THE ARTS & SCIENCES | $10,000 |
THE GIVING TREES PURPOSE: SUPPORT OF CHRISTMAS TREE GIFTS TO FAMILIES IN NEED | $500 |
PAPER FOR WATER PURPOSE: SUPPORT OF CLEAN WATER INITIATIVES | $6,490 |