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Sachs Family Foundation is a private corporation based in LAKE FOREST, IL. The foundation received its IRS ruling in 2020. The principal officer is Michael Burke. It holds total assets of $8.9M. Annual income is reported at $4.7M. Total assets have grown from $5K in 2019 to $8.9M 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 2020 to 2024. According to available records, Sachs Family Foundation has made 18 grants totaling $319K, with a median grant of $6K. Individual grants have ranged from $345 to $75K, with an average award of $18K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Illinois and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$25K
Average Grant
$89K
Largest Grant
$440K
Based on 9 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.
Sachs Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, TX.
Sachs Family Foundation has distributed a total of $319K across 18 grants. The median grant size is $6K, with an average of $18K. Individual grants have ranged from $345 to $75K.
Sachs Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sachs Family Foundation is headquartered in LAKE FOREST, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laura Sachs | President/Director | $0 | $0 | N/A |
| David Sachs | Secretary/Director | $0 | $0 | N/A |
| Michael Burke | Treasurer/Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.9M
Fair Market Value
N/A
Net Worth
$8.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
18
Total Giving
$319K
Average Grant
$18K
Median Grant
$6K
Unique Recipients
9
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Paws ChicagoTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Chicago, IL | $75K | 2022 |
| Goodman TheaterTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Chicago, IL | $25K | 2022 |
| Boulder Junior CyclingTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Lake Forest, IL | $25K | 2022 |
| Parkland Center For Clinical InnovationTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Dallas, TX | $20K | 2022 |
| Michael J BuvkeTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Lake Forest, IL | $6K | 2022 |
| Avonberg GoldgehnTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Lake Forest, IL | $5K | 2022 |
| Bixby SchoolTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Lake Forest, IL | $3K | 2022 |
| Lifetime FoundationTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Lake Forest, IL | $500 | 2022 |
| Illinois Academy GeneralTO ENHANCE THE PURPOSE OF THE ORGANIZATION | Lake Forest, IL | $345 | 2022 |