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David And Elva Sinai Foundation Inc. is a private corporation based in RENO, NV. The foundation received its IRS ruling in 2013. The principal officer is Cooke Roberts Reese. It holds total assets of $3.3M. Annual income is reported at $1.3M. Total assets have grown from $1.7M in 2012 to $3.3M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, David And Elva Sinai Foundation Inc. has made 10 grants totaling $940K, with a median grant of $93K. The foundation has distributed between $185K and $380K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $380K distributed across 4 grants. Individual grants have ranged from $10K to $175K, with an average award of $94K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Nevada and California. Contributions to this foundation are tax-deductible.
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 Elva Sinai Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NV, CA.
David And Elva Sinai Foundation Inc. has distributed a total of $940K across 10 grants. The median grant size is $93K, with an average of $94K. Individual grants have ranged from $10K to $175K.
David And Elva Sinai Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
David And Elva Sinai Foundation Inc. is headquartered in RENO, NV. While based in NV, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Reese | TRUSTEE | $23K | $0 | $23K |
| Theodore Schroader | TRSUTEE | $4K | $0 | $4K |
| James P Pace | TRUSTEE | $3K | $0 | $3K |
Total Giving
N/A
Total Assets
$3.3M
Fair Market Value
N/A
Net Worth
$3.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$940K
Average Grant
$94K
Median Grant
$93K
Unique Recipients
3
Most Common Grant
$123K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Renown Health FoundationPEDIATRIC OPHTHALMOLOGY | Reno, NV | $175K | 2023 |
| All May See FoundationPRESERVATION OF SIGHT | San Francisco, CA | $10K | 2023 |
| That Man May SeePRESERVATION OF SIGHT | San Francisco, CA | $40K | 2021 |