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Sac Foundation is a private corporation based in NEW ORLEANS, LA. The foundation received its IRS ruling in 2019. The principal officer is Richard M Cahn. It holds total assets of $1.8M. Annual income is reported at $603K. Total assets have grown from $1.1M in 2019 to $1.8M in 2023. 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 2020 to 2023. The foundation primarily funds organizations in Louisiana and Mississippi. According to available records, Sac Foundation has made 26 grants totaling $319K, with a median grant of $10K. Annual giving has grown from $50K in 2020 to $184K in 2022. Individual grants have ranged from $2K to $30K, with an average award of $12K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Louisiana and Mississippi and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$15K
Average Grant
$12K
Largest Grant
$15K
Based on 7 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.
Sac Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in LA, MS, TX.
Sac Foundation has distributed a total of $319K across 26 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $2K to $30K.
Sac Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sac Foundation is headquartered in NEW ORLEANS, LA. While based in LA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard M Cahn | PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Vivian Cahn | VICE-PRESIDENT | $0 | $0 | N/A |
| David J Cahn | DIRECTOR | $0 | $0 | N/A |
Total Giving
$134K
Total Assets
$1.8M
Fair Market Value
$2.5M
Net Worth
$1.8M
Grants Paid
$117K
Contributions
N/A
Net Investment Income
$81K
Distribution Amount
$115K
Total Grants
26
Total Giving
$319K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Children'S Regional ServicesFOR GENERAL PURPOSES OF GRANTEE | Metairie, LA | $30K | 2022 |
| Chabad-Lubavitch Of LouisianaFOR GENERAL PURPOSES OF GRANTEE | New Orleans, LA | $15K | 2022 |
| Urj Henry S Jacobs CampFOR GENERAL PURPOSES OF GRANTEE | Utica, MS | $15K | 2022 |
| City Park ConservancyFOR GENERAL PURPOSES OF GRANTEE | New Orleans, LA | $15K | 2022 |
| Jewish Community Day SchoolFOR GENERAL PURPOSES OF GRANTEE | Metairie, LA | $8K | 2022 |
| Slater Torah AcademyFOR GENERAL PURPOSES OF GRANTEE | Metairie, LA | $8K | 2022 |
| Housing Opportunities For Musicians And EntertainersFOR GENERAL PURPOSES OF GRANTEE | Austin, TX | $2K | 2022 |
| Jewish Community CenterFOR GENERAL PURPOSES OF GRANTEE | Metairie, LA | $15K | 2021 |
| Friends Of City ParkFOR GENERAL PURPOSES OF GRANTEE | New Orleans, LA | $15K | 2021 |
| Chabad Jewish TempleFOR GENERAL PURPOSES OF GRANTEE | Metairie, LA | $15K | 2021 |
| Jewish Family Service Of Greater New OrleansFOR GENERAL PURPOSES OF GRANTEE | Metairie, LA | $10K | 2020 |
| Museum Of Southern Jewish ExperienceFOR GENERAL PURPOSES OF GRANTEE | New Orleans, LA | $10K | 2020 |
NEW ORLEANS, LA
METAIRIE, LA
LAFAYETTE, LA