Sabel Foundation Inc
- Assets
- $620.9k
- Revenue
- $74.1k
- Investments
- $600.9k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 07/1960
- Data as of
- 03/2024
- EIN
- 58-6039409
Organization Overview
Sabel Foundation Inc is located in Jacksonville, FL. The organization was established in 1960. 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. Sabel 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 03/2024, Sabel Foundation Inc generated $74.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $45.7k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Sabel Foundation Inc has awarded 31 individual grants totaling $102,500. 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 |
|---|---|---|---|
Sara M Mccue President | 0 | $0 | |
Philip O Meadows Vice President | 0 | $0 | |
Sarah M Brown Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,200 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,860 |
| Capital Gain Net Income | $60,862 |
| Net ST Capital Gain | $1,515 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $735 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $226 |
| Total operating and administrative expenses | $8,211 |
| Contributions, gifts, grants paid | $37,500 |
| Total expenses and disbursements | $45,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,089 |
| Savings and temporary cash investments | $14,917 |
| 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 | $620,919 |
| 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, Sabel Foundation Inc has awarded $37,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ALTAMA MUSEUM OPERATING PURPOSE: PROMOTION OFTHE ARTS | $10,000 |
AGING TRUEMEALS ON WHEELS PURPOSE: ELDERLY ASSISTANCE | $3,000 |
NORTH FLORIDA SCHOOL OF SPECIAL EDUCATION PURPOSE: EDUCATION FORDEVELOPMENTALLYCHALLENGED | $2,000 |
CUMMER MUSEUM OF ART & GARDENS PURPOSE: VSA FESTIVALART EDUCATION | $5,000 |
K9S FOR WARRIORS PURPOSE: ASSISTANCE FOR DISABLED VETERANS | $2,000 |
ST AUGUSTINE YOUTH SERVICES PURPOSE: ASSISTANCE FORABUSED CHILDREN | $3,000 |