Sansing Foundation Inc
- Assets
- $1.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 59-3284550
Organization Overview
Sansing Foundation Inc is located in Pensacola, FL. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sansing 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 12/2023, Sansing Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 12.2% per year over the past 6 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 2023, Sansing Foundation Inc has awarded 61 individual grants totaling $1,875,797. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NON-OPERATING PRIVATE FOUNDATION - ALL DISBURSEMENTS WERE TO CHARITABLE ORGANIZATIONS. SEE PART XV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert C Sansing President/trustee | 2 | $0 | |
Peggy L Sansing Vp/trustee | 1 | $0 | |
David Hightower Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,030,602 |
| Interest on Savings | $52,314 |
| Dividends & Interest | $17 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $871 |
| Capital Gain Net Income | $1,237,700 |
| Net ST Capital Gain | $0 |
| Income Modifications | $23,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,083,804 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $211 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $417 |
| Total operating and administrative expenses | $2,673 |
| Contributions, gifts, grants paid | $1,875,797 |
| Total expenses and disbursements | $1,878,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,202,156 |
| Net Accounts receivable | $4,500 |
| 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 | $1,206,656 |
| 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, Sansing Foundation Inc has awarded $1,875,797 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
21ST CENTURY WILBERFORCE INITIATIVE PURPOSE: GENERAL FUND | $50,000 |
AMR OF PENSACOLA INC PURPOSE: GENERAL FUND | $75,000 |
BAPTIST WORLD ALLIANCE PURPOSE: GENERAL FUND | $10,000 |
BAPTIST HEALTH CARE FOUNDATION PURPOSE: GENERAL FUND | $200,000 |
CAMP SEALE HARRIS PURPOSE: GENERAL FUND | $10,000 |
CAPSTONE PURPOSE: GENERAL FUND | $7,500 |