Sigavis Shermanna Foundation Sasa
- Assets
- $514.8k
- Revenue
- $7.3k
- Investments
- $328.5k
- Employees
- 0
- Location
- Preston, MN
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 46-0474727
Organization Overview
Sigavis Shermanna Foundation Sasa is located in Preston, MN. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Sigavis Shermanna Foundation Sasa 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 12/2023, Sigavis Shermanna Foundation Sasa generated $7.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 44.1% each year . All expenses for the organization totaled $51.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sigavis Shermanna Foundation Sasa has awarded 30 individual grants totaling $364,580. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,317 |
| 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 | $7,317 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,060 |
| Total operating and administrative expenses | $8,388 |
| Contributions, gifts, grants paid | $43,000 |
| Total expenses and disbursements | $51,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,205 |
| Savings and temporary cash investments | $141,050 |
| 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 | $328,534 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $514,789 |
| 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, Sigavis Shermanna Foundation Sasa has awarded $43,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CHATTANOOGA FOUNDATION INC PURPOSE: UTC SUMMER PROGRAM 2023 | $10,000 |
ALL HANDS AND HEARTS PURPOSE: LOVE IN ACTION GALA: UKRAINE; TURKEY EARTHQUAKE RELIEF EFFORTS | $23,000 |
ROOT RIVER CURRENT INC PURPOSE: GENERAL SUPPORT | $10,000 |