Saks-Kavanaugh Foundation
- Assets
- $2.2m
- Revenue
- $1.5m
- Investments
- $915.6k
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 45-5053368
Organization Overview
Saks-Kavanaugh Foundation is located in West Palm Beach, FL. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saks-Kavanaugh 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, Saks-Kavanaugh Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 12.3% 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 2016, Saks-Kavanaugh Foundation has awarded 27 individual grants totaling $3,413,184. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bart Kavanaugh Grantor/ Co-Trustee | 0 | $0 | |
Betty Saks Grantor/ Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,365,217 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,402 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $137,159 |
| Capital Gain Net Income | $137,159 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,518,778 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,129 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95 |
| Total operating and administrative expenses | $107,876 |
| Contributions, gifts, grants paid | $1,030,000 |
| Total expenses and disbursements | $1,137,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,244,900 |
| 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 | $915,619 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,160,519 |
| 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, Saks-Kavanaugh Foundation has awarded $1,030,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Cambridge, MA PURPOSE: CHARITABLE COMTRIBUTION | $675,000 |
UNIVERSITY OF CORK FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $300,000 |
WORLD BICYCLE RELIEF PURPOSE: CHARITABLE CONTRIBUTION | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Fundraising Foundation Inc Maitland, FL | $13,489,394 | $16,136,083 |
The Arc Of Southwest Georgia Inc Albany, GA | $6,771,229 | $11,186,192 |
Overland Missions Inc Cocoa, FL | $9,630,002 | $9,209,723 |
Central Florida Community Action Agency Inc Gainesville, FL | $1,781,778 | $5,443,160 |
Georgia Southern University Athletic Foundation Inc Statesboro, GA | $44,746,506 | $10,941,210 |
Camp Southern Ground Inc Fayetteville, GA | $42,360,262 | $6,762,157 |
The 410 Bridge Inc Alpharetta, GA | $5,244,872 | $4,327,548 |
New Horizons Of Southwest Naples, FL | $2,002,661 | $3,538,061 |
Allapattah Community Action Inc Miami, FL | $714,569 | $2,789,317 |
Uniting Hope For Children Inc Loganville, GA | $2,910,669 | $2,666,764 |
For Hope Us Inc Mobile, AL | $877,305 | $2,520,836 |
Doctors Goodwill Foundation Inc Titusville, FL | $665,437 | $2,677,892 |