Overview
What is Sands Family Supporting Foundation Inc?
The Sands Family Supporting Foundation Inc is a nonprofit organization based in Rochester, New York, with the address 500 East Avenue, 14607. Their primary mission is to support charitable initiatives in the Rochester area, specifically focusing on education, healthcare, and the arts. They have demonstrated impact in Monroe, Ontario, and Livingston counties by addressing underserved or underfunded needs, populations, or issues, benefiting a total of 23 individuals or organizations.
Official website here: www.racf.org
What are the reviews and ratings of this charity?
100% rating on Charity Navigator, with a Four-Star out of Four Star rating.
The Sands Family Supporting Foundation Inc demonstrates exceptional accountability and financial health, achieving a perfect score in these areas. With a focus on transparency, the organization has an independent board comprising 85% independent members and follows rigorous financial oversight practices. Their program expense ratio is notably high at 95.83%, indicating that a significant portion of their funds goes directly to their programs rather than administrative costs.
Strengths highlighted include a strong conflict of interest policy, a whistleblower policy, and the absence of material asset diversions, all contributing to their high accountability score. The financial ratios, such as liabilities to assets and working capital, reflect the organization's solid financial management and sustainability.
No significant limitations were noted in the available data, suggesting that the Sands Family Supporting Foundation Inc operates with a high degree of integrity and efficiency. Overall, the organization stands out as a responsible nonprofit committed to making an impact with its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Sands Family Supporting Foundation Inc legitimate?
Sands Family Supporting Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sands Family Supporting Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.racf.org
What is the mission statement of Sands Family Supporting Foundation Inc?
The Sands Family Supporting Foundation is dedicated to furthering the charitable initiatives of the Rochester Area Community Foundation. Through community grants, this organization aims to make a significant impact in the areas of education, healthcare, and the arts. By addressing underserved or underfunded needs, populations, or issues, the foundation supports projects and programs that have the potential to bring about meaningful change for a total of 23 served.
Official website here: www.racf.org
Who is the CEO of Sands Family Supporting Foundation Inc?
Simeon Banister is the President of Sands Family Supporting Foundation Inc.
Official website here: www.racf.org
What is the revenue of Sands Family Supporting Foundation Inc?
Sands Family Supporting Foundation Inc's revenue in 2023 was $12,710,381.
Official website here: www.racf.org
Who are the executives of Sands Family Supporting Foundation Inc and what are their salaries?
There 6 volunteers at Sands Family Supporting Foundation Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $235,144
- Other: $12,200
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $587,333
- Other: $28,524
- Compensation: $0
- Related: $206,598
- Other: $10,694
- Compensation: $0
- Related: $152,601
- Other: $18,998
Official website here: www.racf.org
Where can I find the form 990 for Sands Family Supporting Foundation Inc?
Sands Family Supporting Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.racf.org
Learn more at the official website: www.racf.org
Mission Statement of Sands Family Supporting Foundation Inc
The Sands Family Supporting Foundation is a charitable organization that is dedicated to bolstering the philanthropic initiatives of the Rochester Area Community Foundation. This foundation's mission is geared towards making a positive impact in the community by supporting projects and programs that address underserved or underfunded needs, populations, or issues. The Sands Family Supporting Foundation's community grants primarily focus on the areas of education, healthcare, and the arts.
Through its grant projects, the Sands Family Supporting Foundation has demonstrated a commendable potential for effecting change in various communities, including those in Monroe, Ontario, and Livingston Counties. By focusing on these specific areas, the foundation aims to provide essential resources and opportunities that may not otherwise be available to those in need. In total, the Sands Family Supporting Foundation has served 23 such projects, each with the potential to bring about meaningful progress.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Sands Family Supporting Foundation Inc significantly enhances the quality of life in Monroe, Ontario, and Livingston Counties by addressing underserved or underfunded needs within the community. Through its community grants, the foundation supports a diverse range of initiatives in education, healthcare, and the arts, fostering growth and development in these critical areas. By targeting specific projects or programs that demonstrate potential for meaningful impact, the foundation plays a vital role in improving access and opportunities for populations that may otherwise be overlooked. This commitment to philanthropy not only uplifts individual lives but also strengthens the community as a whole, ensuring that essential resources and support are available to those who need them most.
This information is meant to be a general summary of Sands Family Supporting Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,387,881
- Gross Receipts: $40,195,747
Assets and Liabilities:
- Total Assets: $101,252,503
- Total Liabilities: $5,285,409
- Net Assets: $95,967,094
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2015
Phone
(585) 271-4100Principal Officer
Simeon Banister
Main Address
500 EAST AVENUE, ROCHESTER, NY, 14607
Website
www.racf.orgNTEE Category
Code: T11 - Philanthropy
If you are a representative of Sands Family Supporting Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.