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Sachs Foundation is a private corporation based in COLORADO SPGS, CO. The foundation received its IRS ruling in 1965. The principal officer is % Sachs Foundation. It holds total assets of $59M. Annual income is reported at $7.5M. EDUCATIONAL GRANTS FOR MEMBERS OF THE BLACK/AFRICAN AMERICAN RACE AND RESIDENTS OF COLORADO. According to available records, Sachs Foundation has made 16 grants totaling $7.6M, with a median grant of $822K. The foundation has distributed between $1.6M and $4.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $4.1M distributed across 8 grants. Individual grants have ranged from $490K to $1.4M, with an average award of $946K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
EDUCATIONAL GRANTS FOR MEMBERS OF THE BLACK/AFRICAN AMERICAN RACE AND RESIDENTS OF COLORADO.
Expenses: $1.7M
THE ELEVATED PROGRAM SEEKS TO EMPOWER BLACK YOUTH AND THEIR FAMILIES BY PROVIDING MENTORSHIP, EQUITABLE OPPORTUNITIES AND COLLEGIATE ACCESS TO SUCCEED IN HIGHER EDUCATION.
Expenses: $881K
THE SACHS TEACHER DEVELOPMENT PROGRAM LOOKS TO INCREASE THE NUMBER OF AFRICAN-AMERICAN TEACHERS SERVING IN COLORADO, SPECIFICALLY IN SCHOOLS WITH LARGE BLACK STUDENT POPULATIONS
Expenses: $496K
SAT AND ACT TEST TAKING, ATTEND WORKSHOPS ON APPLYING FOR FINANCIAL ASSISTANCE, AND PARTICIPATE IN COLLEGE VISITS. THE PROGRAM ALSO DISTRIBUTES SCHOLARSHIP FUNDS THROUGH CO 529.
EDUCATIONAL GRANTS FOR MEMBERS OF THE BLACK/AFRICAN AMERICAN RACE AND RESIDENTS OF COLORADO. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CO.
Sachs Foundation has distributed a total of $7.6M across 16 grants. The median grant size is $822K, with an average of $946K. Individual grants have ranged from $490K to $1.4M.
The application deadline is EDUCATIONAL GRANTS - MARCH 15. APPLICANTS MUST BE OF THE BLACK/AFRICAN AMERICAN RACE AND RESIDENTS OF COLORADO. AMOUNT OF AWARD ESTABLISHED BY THE BOARD OF DIRECTORS.
Sachs Foundation is headquartered in COLORADO SPGS, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ben Ralston | President | $192K | $20K | $212K |
| Dana Capozzella | Vice-President | $4K | $0 | $4K |
| Wilton W Cogswell Iii | 1st Vice President | $4K | $0 | $4K |
| Craig S Ralston | Secretary/Treasurer | $4K | $0 | $4K |
| Antonio Rosendo | Vice President | $4K | $0 | $4K |
Total Giving
$2.9M
Total Assets
$55.8M
Fair Market Value
$55.8M
Net Worth
$53.2M
Grants Paid
$1.7M
Contributions
$2.2M
Net Investment Income
$990K
Distribution Amount
$0
Total: $28.4M
Total Grants
16
Total Giving
$7.6M
Average Grant
$946K
Median Grant
$822K
Unique Recipients
4
Most Common Grant
$644K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elevated GrantsElevated - Education | Colorado Springs, CO | $1000K | 2023 |
| Educational GranteesEDUCATIONAL | Colorado Springs, CO | $632K | 2023 |
| Community Assistance GranteesCommunity Assistance | Colorado Springs, CO | — | 2023 |
| College Prep Academy GrantsCollege Prep Academy - Educational | Colorado Springs, CO | — | 2023 |
Other foundations that have funded Sachs Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Herschend Family Foundation | $2K | 2022 | SUPPORT |
| Herschend Family Foundation | $2K | 2022 | SUPPORT |
| Arthur J Gallagher Foundation | $200 | 2022 | GENERAL EXEMPT PURPOSE |
| American Express Foundation | $60 | 2022 | GENERAL SUPPORT |
| American Express Foundation |
COLORADO SPRINGS, CO
SAPULPA, OK
DALLAS, TX
DALLAS, TX
WILEY, CO
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $60 |
| 2022 |
| GENERAL SUPPORT |
| American Express Foundation | $60 | 2022 | GENERAL SUPPORT |
| American Express Foundation | $60 | 2022 | GENERAL SUPPORT |
| American Express Foundation | $60 | 2022 | GENERAL SUPPORT |
| American Express Foundation | $60 | 2022 | GENERAL SUPPORT |
| American Express Foundation | $40 | 2022 | GENERAL SUPPORT |
| American Express Foundation | $40 | 2022 | GENERAL SUPPORT |
| American Express Foundation | $20 | 2022 | GENERAL SUPPORT |
| American Express Foundation | $20 | 2022 | GENERAL SUPPORT |
| Jane Dorothy Perlmutter Foundation Inc. | $100 | 2021 | EDUCATION |
| Shell Usa Company Foundation | $100 | 2021 | MG |
| American Express Foundation | $60 | 2021 | GENERAL SUPPORT |
| American Express Foundation | $60 | 2021 | GENERAL SUPPORT |
| American Express Foundation | $60 | 2021 | GENERAL SUPPORT |
| American Express Foundation | $40 | 2021 | GENERAL SUPPORT |
| American Express Foundation | $20 | 2021 | GENERAL SUPPORT |
| Delta Dental Community Care Foundation | $5K | 2020 | COMMUNITY GIVING |
| American Express Foundation | $60 | 2020 | GENERAL SUPPORT |
| American Express Foundation | $60 | 2020 | GENERAL SUPPORT |
| American Express Foundation | $60 | 2020 | GENERAL SUPPORT |
| American Express Foundation | $40 | 2020 | GENERAL SUPPORT |
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