Sandelman Foundation
- Assets
- $4.2m
- Revenue
- $317.4k
- Investments
- $4.0m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 10/1977
- Data as of
- 06/2023
- EIN
- 13-2910436
Organization Overview
Sandelman Foundation is located in Boca Raton, FL. The organization was established in 1977. 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. Sandelman 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 06/2023, Sandelman Foundation generated $317.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $191.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sandelman Foundation has awarded 164 individual grants totaling $1,282,050. 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 |
|---|---|---|---|
Jeffrey Sandelman President | 3 | $0 | |
Andrew Schreier Vice President | 2 | $0 | |
Grant Schreier Vice President/treasurer | 1 | $0 | |
Steven Sandelman Vice President/secretary | 1 | $0 | |
Nicole Kaplan Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,840 |
| Interest on Savings | $73,922 |
| Dividends & Interest | $158,418 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$475 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,650 |
| Total Revenue | $317,355 |
| 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 | $381 |
| Total operating and administrative expenses | $381 |
| Contributions, gifts, grants paid | $190,600 |
| Total expenses and disbursements | $190,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,682 |
| Savings and temporary cash investments | $112,286 |
| 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 | $432,736 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $37,413 |
| Total assets | $4,190,768 |
| 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, Sandelman Foundation has awarded $190,600 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ADOLPH & ROSE LEVIS JEWISH COMMUNITY CENTER PURPOSE: UNRESTRICTED CHARITABLE USE | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: UNRESTRICTED CHARITABLE USE | $5,000 |
AMERICAN CANCER SOCIETY PURPOSE: UNRESTRICTED CHARITABLE USE | $1,800 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: UNRESTRICTED CHARITABLE USE | $1,800 |
B'NAI TORAH CONGREGATION PURPOSE: UNRESTRICTED CHARITABLE USE | $15,000 |
ANSHEI EMUNA CONGREGATION PURPOSE: UNRESTRICTED CHARITABLE USE | $1,800 |