Robert R Sprague Foundation
- Assets
- $12.7m
- Revenue
- $4.8m
- Investments
- $12.6m
- Employees
- 0
- Location
- South Pasadena, CA
- Founding
- 06/1998
- Data as of
- 05/2022
- EIN
- 95-7052355
Organization Overview
Robert R Sprague Foundation is located in South Pasadena, CA. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Robert R Sprague 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 05/2022, Robert R Sprague Foundation generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.1m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Robert R Sprague Foundation has awarded 52 individual grants totaling $1,755,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $174 |
| Dividends & Interest | $391,002 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,448,041 |
| Capital Gain Net Income | $4,448,041 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $304 |
| Total Revenue | $4,839,521 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,727 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,468 |
| Total operating and administrative expenses | $189,675 |
| Contributions, gifts, grants paid | $955,000 |
| Total expenses and disbursements | $1,144,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $186,486 |
| 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 | $935,220 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,740,614 |
| 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, Robert R Sprague Foundation has awarded $955,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: QUALIFIED CHARITABLE PURPOSE | $105,000 |
MAKE-A-WISH FOUNDATION OCINLAND EMP PURPOSE: QUALIFIED CHARITABLE PURPOSE | $102,500 |
San Luis Obispo, CA PURPOSE: QUALIFIED CHARITABLE PURPOSE | $100,000 |
THE GUIBOARD CENTER PURPOSE: QUALIFIED CHARITABLE PURPOSE | $75,000 |
Los Angeles, CA PURPOSE: QUALIFIED CHARITABLE PURPOSE | $75,000 |
Los Angeles, CA PURPOSE: QUALIFIED CHARITABLE PURPOSE | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |