Sapphire Foundation Inc

Organization Overview

Sapphire Foundation Inc is located in Wilmington, DE. The organization was established in 2011. 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. Sapphire Foundation Inc 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, Sapphire Foundation Inc generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Sapphire Foundation Inc has awarded 127 individual grants totaling $2,026,996. 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 $299
Dividends & Interest $323,519
Net Rental Income$0
Net Gain on Sale of Assets $3,005,993
Capital Gain Net Income $2,905,633
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $693,393
Total Revenue $4,023,204

Grants Awarded

Over the last fiscal year, Sapphire Foundation Inc has awarded $814,098 in support to 62 organizations.

Grant RecipientAmount

PEGASUS FOUNDATION DBA DALLAS INSTITUTE OF HUMAN

Org PageRecipient Profile

Dallas, TX

PURPOSE: GENERAL & UNRESTRICTED

$80,000

PHILANTHROPY SOUTHWEST

PURPOSE: SUSTAINABLE PHILANTHROPY PROGRAM & 2021 MEMBERSHIP

$51,700

DALLAS FIREFIGHTERS MUSEUM INCORPORATED

Org PageRecipient Profile

Dallas, TX

PURPOSE: PLANNING YOU ESCAPE EXHIBIT & GENERAL SUPPORT

$50,000

WEZMORE PROJECT INC

PURPOSE: SEL CURRICULUM TESTING & PROGRAM DEVELOPMENT

$50,000

JUNE SHELTON SCHOOL AND EVALUATION CENTER

PURPOSE: GENERAL & UNRESTRICTED

$50,000

INTERFAITH FAMILY SERVICES

Org PageRecipient Profile

Dallas, TX

PURPOSE: SPONSORSHIP OF THE 2022 LUNCHEON

$35,000
View Grant Profile

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