Sandler Foundation

Analysis

Sandler Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sandler Foundation reported income of $15.4m and spending of $70.7m, spending 460% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $33.0m to $15.4m (-53%), an average of -17% a year. The sharpest change came in the year to June 2020, when income rose by 666%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sandler Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Commonheart Inc ($15.4m), Community Foundation of Greater Greensboro Inc ($15.4m) and Nicklaus Childrens Health Care Foundation Inc ($15.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% of the total. Compensation of current officers, directors and key employees was $819k (1.2% of expenses). Other salaries and wages came to $471k. At year end it held assets of $612.3m against liabilities of $5.1m, net assets of $607.2m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.