Barbara And Michael Satow Family Foundation Inc
- Assets
- $1.3m
- Revenue
- $28.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- Data as of
- 12/2022
- EIN
- 87-3333524
Organization Overview
Barbara And Michael Satow Family Foundation Inc is located in Charlottesville, VA. 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. Barbara And Michael Satow Family 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.
For the year ending 12/2022, Barbara And Michael Satow Family Foundation Inc generated $28.1k in total revenue.
Since 2022, Barbara And Michael Satow Family Foundation Inc has awarded 21 individual grants totaling $159,285. 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 |
|---|---|---|---|
Michael Satow President | 0.25 | $0 | |
Barbara Satow Secretary Tr | 0.5 | $0 | |
Max Satow Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,668 |
| Capital Gain Net Income | $92,083 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $839 |
| Contributions, gifts, grants paid | $159,285 |
| Total expenses and disbursements | $160,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,649 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,302,407 |
| 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, Barbara And Michael Satow Family Foundation Inc has awarded $159,285 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
LAGOND MUSIC SCHOOL PURPOSE: GENERAL | $7,500 |
UNIVERSITY OF CALIFORNIA PURPOSE: GENERAL | $10,000 |
HORACE GREELEY SCHOLARSHIP FUND PURPOSE: GENERAL | $1,000 |
SAVE THE CHILDREN PURPOSE: GENERAL | $2,500 |
DIRECT RELIEF PURPOSE: GENERAL | $2,500 |
LEHIGH UNIVERSITY PURPOSE: GENERAL | $5,000 |