Saidoff Foresight Foundation
- Assets
- $6.5m
- Revenue
- $0.0
- Investments
- $6.5m
- Employees
- 0
- Location
- Bel Air, CA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-4271371
Organization Overview
Saidoff Foresight Foundation is located in Bel Air, CA. The organization was established in 2017. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Saidoff Foresight Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Saidoff Foresight Foundation has awarded 55 individual grants totaling $7,217,504. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THIS ENTITY IS TO PROVIDE FUNDING AND OTHER PROGRAMS TO SUPPORT THE EDUCATIONAL AND OTHER PUBLIC BENEFIT EFFORTS OF ISRAEL EMERGENCY ALLIANCE, ALSO KNOWN AS STANDWITHUS, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. SAIDOFF FORESIGHT FOUNDATION ALSO PROVIDES FUNDING FOR OTHER NONPROFIT EDUCATIONAL ENTITIES.
Describe the Organization's Program Activity:
THE FOUNDATION HAS PROVIDED FUNDING FOR EDUCATIONAL PURPOSES TO VARIOUS NONPROFIT ORGANIZATIONS. DURING 2021, THE ONLY ORGANIZATION TO WHICH THE FOUNDATION PROVIDED FUNDING WAS STAND WITH US IN THE AMOUNT OF $1,755,933.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosalee Braunstein Secretary & Treasurer | OfficerTrustee | 0.5 | $0 |
Joshua Saidoff President | OfficerTrustee | 10 | $0 |
Bruce Lederman Director | Trustee | 0.25 | $0 |
Jerry Rothstein Audit Committee Chair | Trustee | 0.25 | $0 |
Roz Rothstein Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,755,933 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,732 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,834,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,759 |
| Savings and temporary cash investments | $2,433 |
| 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 | $0 |
| Investments—other securities | $6,456,691 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,479,883 |
| 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 | $3,669,170 |
| Other liabilities | $0 |
| Total liabilities | $3,669,170 |
| 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 | $2,810,713 |
| Total liabilities and net assets/fund balances | $6,479,883 |
Grants Awarded
Over the last fiscal year, Saidoff Foresight Foundation has awarded $2,776,333 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: EDUCATION AND OTHER PUBLIC BENEFIT PROGRAMS | $2,361,500 |
New York, NY PURPOSE: EDUCATION AND OTHER PUBLIC BENEFIT PROGRAMS | $302,000 |
Palo Alto, CA PURPOSE: EDUCATION AND OTHER PUBLIC BENEFIT PROGRAMS | $30,000 |
Encino, CA PURPOSE: EDUCATION AND OTHER PUBLIC BENEFIT PROGRAMS | $20,000 |
Los Angeles, CA PURPOSE: EDUCATION AND OTHER PUBLIC BENEFIT PROGRAMS | $10,833 |
Woodland Hills, CA PURPOSE: EDUCATION AND OTHER PUBLIC BENEFIT PROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |
Burton Family Foundation Phoenix, AZ | $142,839,047 | $129,470,588 |
The Reddere Foundation CO Silicon Valley Community Foundation C/O Silicon Valley Community Foundation Mountain View, CA | $1,000 | $363,994 |
California State University Foundation Long Beach, CA | $50,863,822 | $7,787,647 |
Friends Of South Central Losangeles Regional Center For Develop Los Angeles, CA | $80,196,128 | $6,156,555 |
The James B Mcclatchy Foundation Sacramento, CA | $57,491,792 | $3,443,288 |
Bernard A Newcomb Foundation Mountain View, CA | $29 | $26,230 |
Fairbrook Foundation Los Angeles, CA | $45,940,000 | $4,530,945 |