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David And Betty Sacks Foundation Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2000. The principal officer is Bank Of America Na. It holds total assets of $671K. Annual income is reported at $142K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Texas and Louisiana. According to available records, David And Betty Sacks Foundation Trust has made 16 grants totaling $75K, with a median grant of $4K. Annual giving has decreased from $50K in 2022 to $25K in 2023. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Texas and Louisiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$10K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
David And Betty Sacks Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in TX, LA.
David And Betty Sacks Foundation Trust has distributed a total of $75K across 16 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $2K to $10K.
The application deadline is JUNE 1. Information available on-line.
David And Betty Sacks Foundation Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $10K | $0 | $10K |
Total Giving
$39K
Total Assets
$634K
Fair Market Value
$735K
Net Worth
$634K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$34K
Total Grants
16
Total Giving
$75K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
7
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ymca Of Greater San AntonioOPEN DOORS SCHOLARSHIP | San Antonio, TX | $10K | 2023 |
| Saaf-Joe Salek Scholarship FundUNRESTRICTED GENERAL | San Antonio, TX | $5K | 2023 |
| Tulane UniversityUNRESTRICTED GENERAL | New Orleans, LA | $5K | 2023 |
| Physicians Benevolent FundUNRESTRICTED GENERAL | Austin, TX | $5K | 2023 |
| Kinetic Kids IncADAPTIVE SPORTS FOR SPECIAL | San Antonio, TX | $10K | 2022 |
| Rae'S Hope IncTEAM SPORTS FOR UNDERSERVED | Dallas, TX | $6K | 2022 |
| San Antonio Sports FoundationUNRESTRICTED GENERAL | San Antonio, TX | $2K | 2022 |