S & S Charitable Foundation Inc
- Assets
- $24.9m
- Revenue
- $1.1m
- Investments
- $20.5m
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-3844316
Organization Overview
S & S Charitable Foundation Inc is located in Sarasota, FL. 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. S & S Charitable 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, S & S Charitable Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (65.2%) each year.
Since 2022, S & S Charitable Foundation Inc has awarded 16 individual grants totaling $1,010,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Siwei Wang President | 10 | $36,000 | |
Sona Kotecha Secretary | 40 | $160,000 | |
Kimberly Colgate Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $953,840 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,739 |
| Capital Gain Net Income | $98,739 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,052,579 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $196,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $17,459 |
| Interest | $0 |
| Taxes | $24,374 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,255 |
| Printing and publications | $0 |
| Other expenses | $3,170 |
| Total operating and administrative expenses | $320,332 |
| Contributions, gifts, grants paid | $940,000 |
| Total expenses and disbursements | $1,260,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,025 |
| Savings and temporary cash investments | $4,371,203 |
| 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 | $20,523,265 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,911,493 |
| 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, S & S Charitable Foundation Inc has awarded $940,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGID ALLIANCE INC PURPOSE: CHARITABLE PURPOSES - OPERATIONAL SUPPORT OF BRIGID ALLIANCE | $10,000 |
ENDOMETRIOSIS FOUNDATION OF AMERICA INC PURPOSE: CHARITABLE PURPOSES - OPERATIONAL SUPPORT OF THE ENDOMETRIOSIS FOUNDATION OF AMERICA INC | $50,000 |
NEW YORK ABORTION ACCESS FUND PURPOSE: CHARITABLE PURPOSES - OPERATIONAL SUPPORT OF THE NEW YORK ABORTION ACCESS FUND | $10,000 |
PLANNED PARENTHOOD OF GREATER NEW YORK ACTION FUND INC PURPOSE: CHARITABLE PURPOSES - OPERATIONAL SUPPORT OF PLANNED PARENTHOOD | $50,000 |
ENDOMETRIOSIS FOUNDATION OF AMERICA INC PURPOSE: CHARITABLE PURPOSES - OPERATIONAL SUPPORT OF THE ENDOMETRIOSIS FOUNDATION OF AMERICA INC | $50,000 |
PLANNED PARENTHOOD OF LOS ANGELES PURPOSE: CHARITABLE PURPOSES - OPERATIONAL SUPPORT OF PLANNED PARENTHOOD OF LOS ANGELES | $50,000 |