Sandberg Goldberg Charitable Support Fund
- Assets
- $199.9m
- Revenue
- $18.8m
- Investments
- $181.3m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-2713007
Organization Overview
Sandberg Goldberg Charitable Support Fund is located in San Francisco, CA. The organization was established in 2019. 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. Sandberg Goldberg Charitable Support Fund 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, Sandberg Goldberg Charitable Support Fund generated $18.8m 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 (32.6%) each year. All expenses for the organization totaled $8.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sandberg Goldberg Charitable Support Fund has awarded 101 individual grants totaling $24,482,000. 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 |
|---|---|---|---|
Sheryl K Sandberg Designator, Chair Of Audit Committee | 1 | $0 | |
Rachel Thomas Director, CEO | 2 | $28,476 | |
Thomas Bernthal Director | 1 | $0 | |
Lori Goler Director | 1 | $0 | |
Adam Grant Director, Secretary | 1 | $0 | |
Kim Keating Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Iconiq Capital Llc | 12/30/22 | $653,546 |
Frank Rimerman & Co Llp | 12/30/22 | $66,285 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,081,061 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,160,908 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $336,464 |
| Capital Gain Net Income | $12,982,858 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $269,000 |
| Total Revenue | $18,847,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,476 |
| Other employee salaries and wages | $11,269 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $394,013 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $543,290 |
| Total operating and administrative expenses | $2,001,532 |
| Contributions, gifts, grants paid | $6,537,200 |
| Total expenses and disbursements | $8,538,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,241,545 |
| 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 | $181,261,833 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $376,263 |
| Total assets | $199,879,641 |
| Accounts payable and accrued expenses | $5,483 |
| Grants payable | $2,382,800 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $123,509 |
| Total liabilities | $2,511,792 |
Grants Awarded
Over the last fiscal year, Sandberg Goldberg Charitable Support Fund has awarded $8,004,000 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AMADOR TUOLUMNE COMMUNITY ACTION AGENCY PURPOSE: SUPPORT THE DISTRIBUTION OF FOOD TO LOCAL RESIDENTS | $40,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: SUPPORT EDUCATION TO REDUCE ANTI-SEMITISM AND HATE | $500,000 |
CAMP RAMAH IN CALIFORNIA PURPOSE: SUPPORT RELIGIOUS EDUCATION FOR JEWISH COLLEGE STUDENTS | $50,000 |
CITY YEAR MIAMI PURPOSE: SUPPORT THE CREATION OF ENVIRONMENTS WHERE YOUNG PEOPLE FEEL LIKE THEY BELONG, SO THEY CAN FULFILL THEIR POTENTIAL | $10,000 |
COMMUNITY ACTION AGENCY OF BUTTE COUNTY INC PURPOSE: SUPPORT THE DISTRIBUTION OF FOOD TO LOCAL RESIDENTS | $40,000 |
COACHARTORG PURPOSE: SUPPORT EDUCATION AND ATHLETICS OF CHRONICALLY ILL CHILDREN | $50,000 |