Blue Sands Foundation
- Assets
- $11.9m
- Revenue
- $37.7k
- Investments
- $11.9m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 37-1797396
Organization Overview
Blue Sands Foundation is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Sands 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, Blue Sands Foundation generated $37.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Blue Sands Foundation has awarded 71 individual grants totaling $3,342,461. 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
BLUE SANDS COMBINES PHILANTHROPY WITH PROFESSIONAL GUIDANCE TO PROVIDE CAPABLE INDIVIDUALS AND DESERVING CHILDREN OF LIMITED RESOURCES WITH OPPORTUNITIES TO CULTIVATE ESSENTIAL WORK AND LIFE SKILLS THAT HELP THEM BECOME FINANCIALLY SELF-SUFFICIENT AND INDEPENDENT.WE PROVIDE FINANCIAL GRANTS TO FLEDGLING ORGANIZATIONS AND PROGRAMS, AND, ON OCCASION, TO LOW-INCOME INDIVIDUALS WITH PROMISE TO JUMPSTART OR EXPAND EXPERTISE IN EDUCATION, BUSINESS OR ESSENTIAL SKILLS.OUR GOAL IS TO IMPROVE THE STANDARD OF LIVING WITHIN A SEGMENT OF SOCIETY THROUGH COMMUNITY-BASED PROGRAMS AND GROUPS. OUR HOPE IS TO SUPPORT NOT ONLY THE GRANT RECIPIENTS, BUT ALSO THEIR EXTENDED FAMILIES AND RESPECTIVE COMMUNITIES. AS SUCH, WE HOPE OUR GRANTEE WILL HELP PAY IT FORWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Warnke Director | 0.1 | $0 | |
Dalia Fateh Director | 0.1 | $0 | |
Eric Hirsch Director | 0.1 | $0 | |
Jada Spriggs Executive Director | 0.1 | $0 | |
Hossein Fateh Director | 0.1 | $0 | |
Leandro Alves Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500 |
| Interest on Savings | $60,097 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,386 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $457 |
| Total Revenue | $37,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $820 |
| Taxes | $1,140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,697 |
| Contributions, gifts, grants paid | $1,304,469 |
| Total expenses and disbursements | $1,307,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,574 |
| 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 | $11,919,036 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,185 |
| Total assets | $11,934,795 |
| 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 | $10,000 |
| Total liabilities | $10,000 |
Grants Awarded
Over the last fiscal year, Blue Sands Foundation has awarded $1,304,469 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHILDREN'S HOSPITAL PURPOSE: GENERAL DONATION | $500,000 |
GOSH PURPOSE: GENERAL DONATION | $353,575 |
AIGLON COLLEGE ASSOCIATION PURPOSE: SCHOLARSHIP FUND | $124,925 |
GEORGETOWN - STEERS CENTER FOR GLOBAL REAL ESTATE PURPOSE: GENERAL DONATION | $50,000 |
PRIOR'S FIELD SCHOOL PURPOSE: TUITION SUPPORT | $38,315 |
SWISS SCHOOL OF TOURISM PURPOSE: TUITION SUPPORT | $34,110 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Blue Sands Foundation has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: HUMAN SERVICES | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Clinical Chemistry Inc Washington, DC | $31,632,986 | $18,150,460 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Aids United Washington, DC | $16,240,693 | $19,019,266 |
Media Matters For America Washington, DC | $25,734,430 | $18,794,929 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Association Of Schools And Programs Of Public Health Inc Washington, DC | $11,824,583 | $12,542,035 |
Strategic Capacity Group Inc Mclean, VA | $1,824,045 | $10,738,430 |
The Management Center Washington, DC | $13,203,217 | $17,392,064 |
Association Of American Universities Washington, DC | $12,330,287 | $10,421,026 |
Csdc Property Corporation Hanover, MD | $98,381,398 | $10,915,076 |
Global Entrepreneurship Network Inc Arlington, VA | $6,928,946 | $10,036,868 |