Sarah Foundation is located in Burr Ridge, IL. The organization was established in 2000. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Sarah 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, Sarah Foundation generated $13.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $27.5k during the year ending 12/2021. While expenses have increased by 20.6% per year over the past 7 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 2015, Sarah Foundation has awarded 48 individual grants totaling $119,600. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rashid A Chaudary President, Director | 2 | $0 | |
Samia I Chaudary Secretary, Director | 2 | $0 | |
Muhammad M Akhtar Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $13,000 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $13,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $57 |
Total operating and administrative expenses | $957 |
Contributions, gifts, grants paid | $26,500 |
Total expenses and disbursements | $27,457 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,627 |
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 | $2,627 |
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 |
Over the last fiscal year, Sarah Foundation has awarded $26,500 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
Tomball, TX PURPOSE: CHARITABLE | $15,000 |
Bethesda, MD PURPOSE: CHARITABLE | $3,000 |
SHAUKAT HOSPITAL PURPOSE: CHARITABLE | $3,000 |
PAK AMERICAN MEDICAL CENTER NFP PURPOSE: CHARITABLE | $2,000 |
CANCER CARE HOSPITAL PURPOSE: CHARITABLE | $1,000 |
DEAF REACH PURPOSE: CHARITABLE | $1,000 |
Over the last fiscal year, we have identified 1 grants that Sarah Foundation has recieved totaling $12,000.
Awarding Organization | Amount |
---|---|
Islamic Food And Nutriton Council Of America Des Plaines, IL PURPOSE: Educational | $12,000 |
Organization Name | Assets | Revenue |
---|---|---|
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |
United Way Of Southwestern Indiana Inc Evansville, IN | $5,892,582 | $5,859,250 |
Lever For Change Chicago, IL | $17,371,828 | $11,059,988 |
Ten Talents Foundation St Louis, MO | $138,781,334 | $2,527,565 |
United Way Of East Central Iowa Cedar Rapids, IA | $18,620,645 | $6,956,778 |
United Way Of Lake County Inc Gurnee, IL | $9,128,371 | $6,708,539 |
United Way Of Greater Lafayette & Tippecanoe County Lafayette, IN | $12,512,730 | $7,982,899 |
Honeywell Foundation Inc Wabash, IN | $96,441,620 | $11,061,690 |
Wisconsin Regional Training Partnership Inc Milwaukee, WI | $5,167,350 | $7,096,517 |
Whas Crusade For Children Inc Louisville, KY | $38,851,590 | $9,353,185 |
United Way Quad Cities Bettendorf, IA | $12,852,824 | $6,411,474 |