The Sanders Memorial Trust Fund
- Assets
- $2.3m
- Revenue
- $78.8k
- Investments
- $2.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 03/1989
- Data as of
- 12/2023
- EIN
- 16-6067228
Organization Overview
The Sanders Memorial Trust Fund is located in Dallas, TX. The organization was established in 1989. According to its NTEE Classification (G70) the organization is classified as: Digestive Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanders Memorial Trust Fund 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 12/2023, Sanders Memorial Trust Fund generated $78.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $123.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sanders Memorial Trust Fund has awarded 40 individual grants totaling $892,546. 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 | $0 |
| Dividends & Interest | $61,737 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,528 |
| Capital Gain Net Income | $10,528 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,518 |
| Total Revenue | $78,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,804 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,186 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,584 |
| Total operating and administrative expenses | $33,419 |
| Contributions, gifts, grants paid | $90,404 |
| Total expenses and disbursements | $123,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $84,917 |
| 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 | $0 |
| Total assets | $2,341,060 |
| 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, The Sanders Memorial Trust Fund has awarded $90,404 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BIBLE SOCIETY OF NYC PURPOSE: UNRESTRICTED GENERAL | $11,299 |
ODD FELLOWS OF NY PURPOSE: UNRESTRICTED GENERAL | $11,299 |
FIRST CHURCH OF CHRIST SCIENTIST PURPOSE: UNRESTRICTED GENERAL | $22,602 |
PROTESTANT EPISCOPAL DIOCESE WESTERN NY PURPOSE: UNRESTRICTED GENERAL | $22,602 |
THE SALVATION ARMY PURPOSE: UNRESTRICTED GENERAL | $22,602 |