Sarosi-Kanter Charitable Foundation is located in Mill Valley, CA. The organization was established in 2001. 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. Sarosi-Kanter Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
JEWISH FAMILY AND CHILDREN'S SERVICES, LOCAL ACTIVITIES
HEALTHCARE RESEARCH AND DEVELOPMENT
EDUCATIONAL INSTITUTIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles M Sarosi Director | 2 | $0 | |
Lillian K Sarosi Director | 2 | $0 | |
Charles M Sarosi President | 1 | $0 | |
Lillian K Sarosi Secretary/treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$266,000 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$265,536 |
| 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 | $3,909 |
| Total operating and administrative expenses | $3,909 |
| Contributions, gifts, grants paid | $33,463 |
| Total expenses and disbursements | $37,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,247 |
| 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 | $276,427 |
| Total assets | $771,750 |
| 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 |
Over the last fiscal year, Sarosi-Kanter Charitable Foundation has awarded $33,463 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CAMBODIAN CHILDREN'S FUND PURPOSE: CHARITABLE PURPOSE | $462 |
CHABAD OF MILL VALLEY PURPOSE: CHARITABLE PURPOSE | $1,000 |
BRIDGE THE GAP COLLEGE PREP PURPOSE: CHARITABLE PURPOSE | $281 |
ISRAAID PURPOSE: CHARITABLE PURPOSE | $13,334 |
JEWISH COMMUNITY FOUNDATION PURPOSE: CHARITABLE PURPOSE | $2,713 |
JEWISH SPIRITUAL LEADERS INSTITUTE PURPOSE: CHARITABLE PURPOSE | $15,673 |