S & R Foundation is located in Washington, DC. The organization was established in 2015. 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. S & R 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 12/2022, S & R Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (37.9%) each year. All expenses for the organization totaled $7.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, S & R Foundation has awarded 125 individual grants totaling $52,536,870. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL IMPACT PROGRAMS TO DEVELOP YOUNG ARTISTS AND MUSICIANS.
FINANCIAL SUPPORT FOR INDIVIDUALS AND INSTITUTIONS TO DEVELOP YOUNG ARTISTS AND MUSICIANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sachiko Kuno President | 40 | $0 | |
Marianne F Chaconas Vice President | 5 | $0 | |
Douglas W Charnas Secretary/treasurer | 6 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sage Communications | 12/30/17 | $181,566 |
Georgetown University | 12/30/17 | $100,000 |
Joseph Septime Webre | 12/30/17 | $74,712 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $7 |
Dividends & Interest | $1,340,539 |
Net Rental Income | $36,263 |
Net Gain on Sale of Assets | -$510,948 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $855,338 |
Total Revenue | $1,721,199 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $182,940 |
Taxes | $288,335 |
Depreciation | $422,549 |
Occupancy | $203,096 |
Travel, conferences, and meetings | $3,846 |
Printing and publications | $0 |
Other expenses | $201,410 |
Total operating and administrative expenses | $1,778,771 |
Contributions, gifts, grants paid | $5,886,701 |
Total expenses and disbursements | $7,665,472 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,081,210 |
Savings and temporary cash investments | $22,601 |
Net Accounts receivable | $11,833 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $2,500,756 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $17,966,571 |
Net Land, buildings, and equipment | $28,710,392 |
Other assets | $0 |
Total assets | $93,262,337 |
Accounts payable and accrued expenses | $30,909 |
Grants payable | $2,718,543 |
Deferred revenue | $3,593 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $8,770,225 |
Other liabilities | $14,853 |
Total liabilities | $11,538,123 |
Over the last fiscal year, S & R Foundation has awarded $5,886,701 in support to 47 organizations.
Grant Recipient | Amount |
---|---|
100 REPORTERS PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $50,000 |
ANTI-DEFAMATION LEAGUE (ADL) PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $15,000 |
ARENA STAGE PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $10,000 |
BOYS & GIRLS CLUBS OF GREATER WASHINGTON PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $2,895,442 |
CITIZENS ASSOCIATION OF GEORGETOWN PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $10,000 |
CITYDANCE INC PURPOSE: TO FUND CHARITABLE ACTIVITIES. | $25,000 |