Savitt Family Foundation
- Assets
- $157.1k
- Revenue
- $11.8k
- Investments
- $151.1k
- Employees
- 0
- Location
- Haiku, HI
- Founding
- 11/2004
- Data as of
- 12/2022
- EIN
- 20-1603919
Organization Overview
Savitt Family Foundation is located in Haiku, HI. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Savitt Family 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 12/2022, Savitt Family Foundation generated $11.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $21.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Savitt Family Foundation has awarded 128 individual grants totaling $359,682. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO PUBLIC CHARITIES - SEE PART XV OF RETURN FOR DETAILS OF DONATIONS TO CHARITIES.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24 |
| Dividends & Interest | $1,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,904 |
| Capital Gain Net Income | $6,783 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $90 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $379 |
| Total operating and administrative expenses | $7,696 |
| Contributions, gifts, grants paid | $13,258 |
| Total expenses and disbursements | $20,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,023 |
| 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 | $157,097 |
| 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, Savitt Family Foundation has awarded $13,258 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BIO BAMBOO INC PURPOSE: SUSTAINABLE FARMING EDUCATION | $1,000 |
BOYS & GIRLS CLUB OF MAUI PURPOSE: AFTER SCHOOL ACTIVITIES FOR YOUTH | $2,000 |
FEED MY SHEEP PURPOSE: MAUI, HI FOOD DISTRIBUTION SERVICE | $1,000 |
IMUA FAMILY SERVICES PURPOSE: CHILD & FAMILY EMPOWERMENT | $1,000 |
MAUI HUB PURPOSE: FRESH PRODUCE MARKET FOR RESIDENTS | $1,800 |
MAUI NUI FARM PURPOSE: ORGANIC FARM AND FARMERS MARKET | $1,000 |