Sapling Foundation

Organization Overview

Sapling Foundation is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Sapling 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 12/2021, Sapling Foundation generated $13.8m 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 (32.4%) each year. All expenses for the organization totaled $69.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (81.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAPLING FOUNDATION CEASED IT'S DIRECT CHARITABLE ACTIVITIES RELATED TO TED WHICH IS NOW OPERATED BY TED FOUNDATION, HOWEVER SAPLING MADE A GRANT IN 2021 TO SUPPORT TED FOUNDATIONS OPERATIONS WHICH WERE NEGATIVELY IMPACTED BY COVID-19.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sean Gannet(paid Via Ted Llc)
$147,056
John Cary (Paid Via Ted Llc)
$105,172
Infinity House Production (Paid Via Ted Llc)
$135,212
Elise Merhige(paid Via Ted Llc)
$122,628
Kirill Yeretsky(paid Via Ted Llc)
$94,500
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $13,800,000
Interest on Savings $671
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $13,800,671

Grants Awarded

Over the last fiscal year, Sapling Foundation has awarded $1,459,000 in support to 3 organizations.

Grant RecipientAmount

GLOBAL WITNESS

PURPOSE: TO LAUNCH A NEW ERA OF OPENNESS IN BUSINESS

$1,000,000

NEWCASTLE UNIVERSITY

PURPOSE: BUILD A "SCHOOL IN THE CLOUD" PLATFORM

$384,000

FUNDACAO SOS MATA ATLANTICA

PURPOSE: GRANT FOR REFORESTATION PROGRAMPURPOSE OF THE GRANT:TO SUPPORT THE REFORESTATION PROGRAM AND PAY FOR THE PLANTING OF 8,000 TREES IN ITU.

$75,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Sapling Foundation has recieved totaling $45,000.

Awarding OrganizationAmount
Hornthal Foundation

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$25,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$20,000
View Grant Recipient Profile

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