Shugar Foundation Inc

Organization Overview

Shugar Foundation Inc is located in Bethesda, MD. The organization was established in 1993. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Shugar 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, Shugar Foundation Inc generated $46.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $120.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Shugar Foundation Inc has awarded 35 individual grants totaling $352,000. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $250
Interest on Savings $4
Dividends & Interest $60,855
Net Rental Income$0
Net Gain on Sale of Assets -$14,181
Capital Gain Net Income $28,893
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $46,928

Grants Awarded

Over the last fiscal year, Shugar Foundation Inc has awarded $120,000 in support to 11 organizations.

Grant RecipientAmount

COMMUNITY BRIDGES

PURPOSE: GENERAL SUPPORT

$15,000

BEACON HOUSE

PURPOSE: GENERAL SUPPORT

$15,000

SO OTHER MAY EAT

PURPOSE: GENERAL SUPPORT

$15,000

REACH FOUNDATION

PURPOSE: GENERAL SUPPORT

$15,000

WASHINGTON JESUIT ACADEMY

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$10,000

Washington, DC

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

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