Saul Foundation For Progress Inc
- Assets
- $31.0m
- Revenue
- $1.0m
- Investments
- $30.8m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 47-4954803
Organization Overview
Saul Foundation For Progress Inc is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Saul Foundation For Progress 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 12/2022, Saul Foundation For Progress Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $2.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Saul Foundation For Progress Inc has awarded 24 individual grants totaling $6,418,454. 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 |
|---|---|---|---|
Catherine Dunand President & Treasurer | 15 | $0 | |
Liliane Laroche Director | 0 | $0 | |
Francois Jacquemin-Verguet Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neuberger Berman Bd Llc | 12/30/22 | $277,477 |
Promontoires Sas | 12/30/22 | $103,165 |
Freedman & Co Cpa Pc | 12/30/22 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32 |
| Dividends & Interest | $424,758 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $561,630 |
| Capital Gain Net Income | $561,630 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28,787 |
| Total Revenue | $1,015,207 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $37,758 |
| Printing and publications | $0 |
| Other expenses | $18,470 |
| Total operating and administrative expenses | $583,850 |
| Contributions, gifts, grants paid | $1,518,376 |
| Total expenses and disbursements | $2,102,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $141,441 |
| 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 | $20,302 |
| Total assets | $30,971,732 |
| 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, Saul Foundation For Progress Inc has awarded $1,518,376 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CAMBRIDGE REPRODUCTIVE HEALTH CONSULTANTS PURPOSE: WOMEN'S WALLET WOMEN HELP WOMEN PROJECT | $396,000 |
FIDELITY CHARITABLE PURPOSE: PUBLIC CHARITY | $500,000 |
DEVELOPMENT MEDIA INT'L ASSOCIATES PURPOSE: PUBLIC CHARITY | $185,000 |
FISTULA FOUNDATION PURPOSE: PUBLIC CHARITY | $212,876 |
IBIS REPRODUCTIVE HEALTH INC PURPOSE: PUBLIC CHARITY | $224,500 |