Sankey Family Foundation
- Assets
- $20.8m
- Revenue
- $4.2m
- Investments
- $20.6m
- Employees
- 0
- Location
- Akron, OH
- Founding
- 09/2000
- Data as of
- 12/2021
- EIN
- 34-1909797
Organization Overview
Sankey Family Foundation is located in Akron, OH. The organization was established in 2000. 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. Sankey 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, Sankey Family Foundation generated $4.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sankey Family Foundation has awarded 15 individual grants totaling $2,618,000. 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 |
|---|---|---|---|
James K Sankey President | 2 | $0 | |
Alan J Tobin Secretary | 2 | $0 | |
Beth H Sankey Vp, Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,017,932 |
| Interest on Savings | $238 |
| Dividends & Interest | $263,241 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,952,868 |
| Capital Gain Net Income | $3,628,811 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,234,279 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,573 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $180,021 |
| Total operating and administrative expenses | $195,594 |
| Contributions, gifts, grants paid | $1,012,000 |
| Total expenses and disbursements | $1,207,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,017 |
| Savings and temporary cash investments | $146,819 |
| 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 | $615,118 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,828,276 |
| 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, Sankey Family Foundation has awarded $1,012,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ASSIST INTERNATIONAL PURPOSE: HELP ORPHANED CHILDREN IN ROMANIA | $550,000 |
CHRIST COMMUNITY CHAPEL PURPOSE: GENERAL FUND | $225,000 |
SEWING HOPE FOUNDATION PURPOSE: EDUCATE WOMEN AND CHILDREN IN NORTHERN UGANDA AND SOUTH SUDAN | $70,000 |
ROC PURPOSE: EDUCATIONAL PROGRAM FOR TEENS | $65,000 |
Charlotte, NC PURPOSE: FREEDOM DRIVE CORRIDOR OF WEST CHARLOTTE | $50,000 |
AIDS ORPHANS EDUCATION TRUST (AOET) UGANDA PURPOSE: CARE OF ORPHAN CHILDREN | $32,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |
Franciscan Health Foundation Inc Mishawaka, IN | $46,155,507 | $9,741,999 |
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |