Sommers Family Foundation
- Assets
- $4.3m
- Revenue
- $94.7k
- Investments
- $4.3m
- Employees
- 0
- Location
- Sanibel, FL
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-6147620
Organization Overview
Sommers Family Foundation is located in Sanibel, FL. The organization was established in 2008. 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. Sommers 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.
Since 2016, Sommers Family Foundation has awarded 75 individual grants totaling $1,226,239. 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 |
|---|---|---|---|
Arthur J Sommers Trustee | 0 | $0 | |
Diane Baker Trustee | 0 | $0 | |
Kristen Marie Baker Trustee | 0 | $0 | |
Trisha Lee Baker Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $76,612 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,093 |
| Capital Gain Net Income | $18,688 |
| Net ST Capital Gain | $16,665 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,984 |
| Total operating and administrative expenses | $48,402 |
| Contributions, gifts, grants paid | $271,500 |
| Total expenses and disbursements | $319,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,309,303 |
| 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, Sommers Family Foundation has awarded $271,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP HEBRON FUND PURPOSE: DONATION | $65,000 |
CROSS POINT BAPTIST CHURCH PURPOSE: DONATION | $30,000 |
STEP OF FAITH MINISTRY PURPOSE: DONATION | $3,000 |
FORT MYERS RESCUE MISSION PURPOSE: DONATION | $15,000 |
FIRST BAPTIST CHURCH OF TILLMANS CO PURPOSE: DONATION | $40,000 |
DEEP RIVERS CHURCH PURPOSE: DONATION | $5,000 |