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J & M Sachs Family Foundation Inc. is a private corporation based in OWINGS MILLS, MD. The foundation received its IRS ruling in 2016. The principal officer is Mr Michael J Sachs. It holds total assets of $646K. Annual income is reported at $423K. Total assets have grown from $100K in 2015 to $646K in 2024. The foundation is governed by 2 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, J & M Sachs Family Foundation Inc. has made 4 grants totaling $110K, with a median grant of $33K. The foundation has distributed between $33K and $42K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $42K distributed across 2 grants. Individual grants have ranged from $8K to $36K, with an average award of $28K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and Maryland. 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.
J & M Sachs Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY, MD.
J & M Sachs Family Foundation Inc. has distributed a total of $110K across 4 grants. The median grant size is $33K, with an average of $28K. Individual grants have ranged from $8K to $36K.
J & M Sachs Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
J & M Sachs Family Foundation Inc. is headquartered in OWINGS MILLS, MD. While based in MD, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer Sachs | DIRECTOR | $0 | $0 | N/A |
| Michael Sachs | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$646K
Fair Market Value
N/A
Net Worth
$646K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$110K
Average Grant
$28K
Median Grant
$33K
Unique Recipients
2
Most Common Grant
$36K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jemicy SchoolOPERATING | Owings Mills, MD | $36K | 2023 |
| Friends Of The Israel Defense ForcesOPERATING | New York, NY | $8K | 2021 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD