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Sac Foundation is a private corporation based in HONOLULU, HI. The foundation received its IRS ruling in 2020. The principal officer is Michael R Gangloff. It holds total assets of $311K. Annual income is reported at $67K. Total assets have decreased from $654K in 2020 to $311K in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Sac Foundation has made 16 grants totaling $315K, with a median grant of $9K. Annual giving has decreased from $61K in 2020 to $13K in 2023. Grantmaking activity was highest in 2021 with $241K distributed across 8 grants. Individual grants have ranged from $480 to $100K, with an average award of $20K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Hawaii. 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.
Sac Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in HI.
Sac Foundation has distributed a total of $315K across 16 grants. The median grant size is $9K, with an average of $20K. Individual grants have ranged from $480 to $100K.
Sac Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sac Foundation is headquartered in HONOLULU, HI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael R Gangloff | Director | $0 | $0 | N/A |
| Rylen Yamamoto | Director | $0 | $0 | N/A |
| Joy Gangloff | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$311K
Fair Market Value
N/A
Net Worth
$311K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$315K
Average Grant
$20K
Median Grant
$9K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersTo further their charitable purpose | Honolulu, HI | $480 | 2021 |
| Alma Jean FoundationTo further their charitable purpose | Waianae, HI | $8K | 2023 |
| Searider Football BoostersTo further their charitable purpose | Waianae, HI | $5K | 2023 |
| Make A WishTo further their charitable purpose | Honolulu, HI | $100K | 2021 |
| Hawaii Meals On WheelsTo further their charitable purpose | Honolulu, HI | $10K | 2021 |
| Hawaii FoodbankTo further their charitable purpose | Honolulu, HI | $10K | 2021 |
| Kupuna PowerTo further their charitable purpose | Honolulu, HI | $5K | 2020 |
| Women Speaking OutTo further their charitable purpose | Kaneohe, HI | $3K | 2020 |