Sanctuary Golf Club Foundation Inc
- Assets
- $500.2k
- Revenue
- $393.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Sanibel, FL
- Founding
- Data as of
- 09/2022
- EIN
- 84-2898123
Organization Overview
Sanctuary Golf Club Foundation Inc is located in Sanibel, FL. 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. Sanctuary Golf Club 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 09/2022, Sanctuary Golf Club Foundation Inc generated $393.8k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $427.3k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sanctuary Golf Club Foundation Inc has awarded 12 individual grants totaling $672,524. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SANCTUARY GOLF CLUB FOUNDATION, INC. IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE PRINCIPAL PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED IS TO RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE PURPOSES WITHIN THE SANIBEL AND CAPTIVA ISLAND, FLORIDA COMMUNITY, INCLUDING MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVIEW CODE OF 1986, AS AMENDED (OR CORRESPONDING PROVISION OF ANY FUTURE LAW OF THE INTERNAL REVENUE SERVICE OR DEPARTMENT OF TREASURY) (THE "CODE").
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE CODE AND THAT SPECIFICALLY FOCUS ON HUMAN NEED AMONGST THE RESIDENTS AND WORKERS WITHIN THE SANIBEL AND CAPTIVA ISLAND, FLORIDA COMMUNITY; AND TO PROVIDE NEEDS BASED ASSISTANCE TO INDIVIDUALS AND FAMILIES IN ACCORDANCE WITH A PROGRAM, POLICIES AND PROCEDURES ADOPTED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. IN ADDITION, TO PROVIDE SCHOLARSHIPS TO THOSE WHO QUALIFY IN ACCORDANCE WITH THE PROGRAM ADOPTED BY THE BOARD OF GOVERNORS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mccabe Director | Trustee | 2 | $0 |
Steve Peltzman VP And Treas | OfficerTrustee | 2 | $0 |
Jim Pouliot Director | Trustee | 2 | $0 |
Lisa Schmidlin President | OfficerTrustee | 2 | $0 |
Kathy Weissman Secretary | OfficerTrustee | 2 | $0 |
Kenneth H Kouril Executive Di | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $283,529 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,348 |
| Noncash contributions included in lines 1a–1f | $29,828 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $320,877 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$106 |
| Net Income from Fundraising Events | $72,905 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $393,790 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $370,000 |
| Grants and other assistance to domestic individuals. | $24,327 |
| 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 | $10,516 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $311 |
| Office expenses | $20,827 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,318 |
| All other expenses | $0 |
| Total functional expenses | $427,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $490,432 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,750 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $500,182 |
| Accounts payable and accrued expenses | $1,300 |
| Grants payable | $195,248 |
| 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 | $0 |
| Total liabilities | $196,548 |
| Net assets without donor restrictions | $303,634 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $500,182 |
Grants Awarded
Over the last fiscal year, Sanctuary Golf Club Foundation Inc has awarded $370,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE SANIBEL SCHOOL | | | $10,000 |
FISH OF SANIBEL | | | $100,000 |
COMMUNITY HOUSING & RESOURCES | | | $100,000 |
CECI | | | $150,000 |
SANCAP CARES | | | $10,000 |