Sauer Family Foundation
- Assets
- $79.9m
- Revenue
- $5.2m
- Investments
- $75.3m
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 41-1859711
Organization Overview
Sauer Family Foundation is located in St Paul, MN. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sauer 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 12/2022, Sauer Family Foundation generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $6.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sauer Family Foundation has awarded 375 individual grants totaling $17,124,122. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
25TH ANNIVERSARY EVENT: CREATING SUMMER BACKPACKS FOR KIDS
25TH ANNIVERSARY EVENT: EVERYMEAL
LITTLE FREE LIBRARY PROJECT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary B Sauer Treasurer | 1 | $0 | |
Patricia Sauer President | 5 | $0 | |
Corey Sauer Trustee | 1 | $0 | |
Jessica Nickelson Trustee | 1 | $0 | |
Stephanie Sauer Trustee | 1 | $0 | |
Jennifer Sauer Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,000 |
| Interest on Savings | $16,445 |
| Dividends & Interest | $1,805,193 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,397,335 |
| Capital Gain Net Income | $3,397,335 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,427 |
| Total Revenue | $5,247,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $218,450 |
| Other employee salaries and wages | $215,624 |
| Pension plans, employee benefits | $61,799 |
| Interest | $0 |
| Taxes | $282,506 |
| Depreciation | $19,861 |
| Occupancy | $22,432 |
| Travel, conferences, and meetings | $33,985 |
| Printing and publications | $0 |
| Other expenses | $186,634 |
| Total operating and administrative expenses | $1,233,838 |
| Contributions, gifts, grants paid | $5,486,302 |
| Total expenses and disbursements | $6,720,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $825,021 |
| Savings and temporary cash investments | $3,072,228 |
| 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 | $6,781,753 |
| Net Land, buildings, and equipment | $695,663 |
| Other assets | $0 |
| Total assets | $79,930,282 |
| Accounts payable and accrued expenses | $290 |
| 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 | $290 |
Grants Awarded
Over the last fiscal year, Sauer Family Foundation has awarded $5,486,302 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
A CHANCE TO GROW PURPOSE: NONE | $11,190 |
AIN DAH YUNG (OUR HOME) CENTER PURPOSE: NONE | $125,000 |
AFRICAN AMERICAN CHILD WELLNESS INSTITUTE PURPOSE: NONE | $50,000 |
ALIA PURPOSE: NONE | $75,000 |
AMPERSAND FAMILIES PURPOSE: NONE | $45,000 |
BABY'S SPACE A PLACE TO GROW PURPOSE: NONE | $25,000 |