Peggy And Brian Sassi Charitable Foundation Inc
- Assets
- $1.4m
- Revenue
- $355.0k
- Investments
- $974.5k
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 02/2013
- Data as of
- 12/2021
- EIN
- 46-1431230
Organization Overview
Peggy And Brian Sassi Charitable Foundation Inc is located in Phoenix, AZ. The organization was established in 2013. 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. Peggy And Brian Sassi Charitable Foundation Inc 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, Peggy And Brian Sassi Charitable Foundation Inc generated $355.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $76.9k during the year ending 12/2021. While expenses have increased by 13.8% 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, Peggy And Brian Sassi Charitable Foundation Inc has awarded 55 individual grants totaling $321,434. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Rehhaut Secretary | 5 | $0 | |
Brian Sassi President; Co-Ceo | 5 | $0 | |
Peggy Sassi Treasurer; Co-Ceo | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $120,000 |
| Interest on Savings | $2 |
| Dividends & Interest | $27,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $207,788 |
| Capital Gain Net Income | $207,788 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $354,984 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6 |
| Taxes | $784 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,627 |
| Total operating and administrative expenses | $10,780 |
| Contributions, gifts, grants paid | $66,100 |
| Total expenses and disbursements | $76,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,814 |
| 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 | $1,365,315 |
| 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, Peggy And Brian Sassi Charitable Foundation Inc has awarded $66,100 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GO PHILANTHROPIC FOUNDATION PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $23,600 |
WOLA PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $13,500 |
Arlington, VA PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $8,150 |
PAYPAL GIVING FUND PURPOSE: FOR GRANTS TO OTHER PUBLIC CHARITIES | $5,000 |
Glenwood City, WI PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $3,500 |
INTERNATIONAL FOLK ART PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $3,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |