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Sachs Fund is a private trust based in ST MICHAELS, MD. The foundation received its IRS ruling in 1958. It holds total assets of $6.2M. Annual income is reported at $1.7M. Total assets have grown from $327K in 2011 to $6.4M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Sachs Fund has made 18 grants totaling $713K, with a median grant of $28K. Annual giving has grown from $20K in 2021 to $328K in 2024. Individual grants have ranged from $10K to $82K, with an average award of $40K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Maryland and Missouri and Illinois. 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.
Sachs Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in MD, MO, IL.
Sachs Fund has distributed a total of $713K across 18 grants. The median grant size is $28K, with an average of $40K. Individual grants have ranged from $10K to $82K.
Sachs Fund typically selects its grantees rather than accepting unsolicited proposals.
Sachs Fund is headquartered in ST MICHAELS, MD. While based in MD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary L Sachs | TRUSTEE | $0 | $0 | N/A |
| Susan E Sachs | TRUSTEE | $0 | $0 | N/A |
Total Giving
$384K
Total Assets
$6.4M
Fair Market Value
$6.8M
Net Worth
$6.4M
Grants Paid
$328K
Contributions
N/A
Net Investment Income
$142K
Distribution Amount
$328K
Total: $6M
Total Grants
18
Total Giving
$713K
Average Grant
$40K
Median Grant
$28K
Unique Recipients
7
Most Common Grant
$25K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Family Focus - EvanstonGENERAL FUNDING | Evanston, IL | $82K | 2024 |
| Metro Caring Food PantryGENERAL FUNDING | Bozman, MD | $82K | 2024 |
| St Michaels Fire Department IncGENERAL FUNDING | Saint Michaels, MD | $82K | 2024 |
| Talbot Hospice Foundation IncGENERAL FUNDING | Easton, MD | $82K | 2024 |
| Desales Community DevelopmentGENERAL FUNDING | Saint Louis, MO | $50K | 2023 |
| St Michaels Community Center Food PantryGENERAL FUNDING | Saint Michaels, MD | $25K | 2023 |
| Holistic Health - Counseling & Coaching LlcGENERAL FUNDING | Baltimore, MD | $15K | 2023 |