Andrew Sabin Family Foundation
- Assets
- $18.6m
- Revenue
- $4.6m
- Investments
- $18.0m
- Employees
- 0
- Location
- East Hampton, NY
- Founding
- 08/2007
- Data as of
- 12/2021
- EIN
- 20-8729425
Organization Overview
Andrew Sabin Family Foundation is located in East Hampton, NY. The organization was established in 2007. 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. Andrew Sabin 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 12/2021, Andrew Sabin Family Foundation generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Andrew Sabin Family Foundation has awarded 395 individual grants totaling $7,068,818. 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 | $2,236,307 |
| Interest on Savings | $0 |
| Dividends & Interest | $409,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,909,066 |
| Capital Gain Net Income | $1,909,066 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,554,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,461 |
| Other employee salaries and wages | $35,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,264 |
| Depreciation | $817 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $328 |
| Printing and publications | $0 |
| Other expenses | $35,416 |
| Total operating and administrative expenses | $168,714 |
| Contributions, gifts, grants paid | $4,414,873 |
| Total expenses and disbursements | $4,583,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $542,364 |
| Savings and temporary cash investments | $0 |
| 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 | $16,204,892 |
| Net Land, buildings, and equipment | $952 |
| Other assets | $0 |
| Total assets | $18,584,680 |
| 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 | $119 |
| Total liabilities | $119 |
Grants Awarded
Over the last fiscal year, Andrew Sabin Family Foundation has awarded $4,414,873 in support to 184 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF COLUMBIA UNIVERSITY PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $1,250,000 |
MEMORIAL SLOAN-KETTERING CANCER CENTER PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $505,000 |
BERKSHIRE SCHOOL PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $400,000 |
SOUTH FORK NATURAL HISTORY SOCIETY PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $382,000 |
YALE UNIVERSITY PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $172,000 |
PANTHERA CORPORATION PURPOSE: TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES | $130,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |