Sagerstrong Foundation
- Assets
- $324.5k
- Revenue
- $108.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Atlanta, GA
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-2388305
Organization Overview
Sagerstrong Foundation is located in Atlanta, GA. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Sagerstrong Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sagerstrong 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 12/2021, Sagerstrong Foundation generated $108.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $159.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sagerstrong Foundation has awarded 11 individual grants totaling $603,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SUPPORT OF CLINICAL TRIALS AND CANCER RESEARCH FOR LEUKEMIA AND OTHER BLOOD CANCERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Grunduski Executive Di | OfficerTrustee | 10 | $41,000 |
Stacy Sager President | OfficerTrustee | 2 | $13,932 |
Valerie Wilkinson Board Member | Trustee | $0 | |
Anthony J Sarallo Board Member | Trustee | $0 | |
Jean Landmesser Board Member | Trustee | $0 | |
Scott Wilkinson Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,152 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,152 |
| Total Program Service Revenue | $0 |
| Investment income | $8,448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,526 |
| Net Income from Fundraising Events | $35,944 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,265 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,932 |
| Compensation of current officers, directors, key employees. | $54,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,830 |
| Payroll taxes | $4,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,210 |
| Fees for services: Accounting | $5,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,768 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,030 |
| Office expenses | $5,364 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,401 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $159,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,020 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $283,912 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,573 |
| Total assets | $324,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $129,376 |
| Total liabilities | $129,376 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $195,129 |
| Total liabilities and net assets/fund balances | $324,505 |
Grants Awarded
Over the last fiscal year, Sagerstrong Foundation has awarded $180,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Cary, NC PURPOSE: FUND CLINICAL TRIALS AND CANCER RESEARCH FOR LEUKEMIA AND OTHER BLOOD CANCERS. | $105,000 |
Rye Brook, NY PURPOSE: FUND CLINICAL TRIALS AND CANCER RESEARCH FOR LEUKEMIA AND OTHER BLOOD CANCERS. | $50,500 |
MD ANDERSON PURPOSE: FUND CLINICAL TRIALS AND CANCER RESEARCH FOR LEUKEMIA AND OTHER BLOOD CANCERS. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sagerstrong Foundation has recieved totaling $13,409.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $7,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,870 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Miami Foundation Inc Miami, FL | $460,864,709 | $147,324,669 |
Ninth District Opportunity Inc Gainesville, GA | $20,597,568 | $53,356,026 |
Jupiter Medical Center Foundation Inc Jupiter, FL | $160,882,045 | $61,479,471 |
Nema Foundation Inc Tallulah Falls, GA | $40,863,488 | $61,480,995 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Trustbridge Global Foundation Usa Inc Clearwater, FL | $68,735,703 | $42,627,282 |
Blue Cross And Blue Shield Of Florida Foundation Inc Jacksonville, FL | $500,668,406 | $165,069,947 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
New Morning Foundation Columbia, SC | $9,598,750 | $10,587,010 |
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |