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Saddle Foundation is a private corporation based in ANN ARBOR, MI. The foundation received its IRS ruling in 1997. The principal officer is Erik H Serr. It holds total assets of $9.9M. Annual income is reported at $2.9M. Total assets have grown from $2.5M in 2011 to $9.1M 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 2016 to 2023. The foundation primarily funds organizations in California, Michigan and Texas. According to available records, Saddle Foundation has made 33 grants totaling $6.5M, with a median grant of $150K. Annual giving has grown from $956K in 2020 to $2M in 2023. Grantmaking activity was highest in 2022 with $2.5M distributed across 12 grants. Individual grants have ranged from $25K to $683K, with an average award of $198K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in California and Michigan and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$100K
Average Grant
$137K
Largest Grant
$250K
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.
Saddle Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in CA, MI, TX.
Saddle Foundation has distributed a total of $6.5M across 33 grants. The median grant size is $150K, with an average of $198K. Individual grants have ranged from $25K to $683K.
Saddle Foundation typically selects its grantees rather than accepting unsolicited proposals.
Saddle Foundation is headquartered in ANN ARBOR, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathryn W Holmes | DIRECTOR/PRES/SECY/TREAS | $0 | $0 | N/A |
| Howard S Holmes Ii | DIRECTOR/VICE-PRES | $0 | $0 | N/A |
| Howard Howdy S Holmes | DIRECTOR/VICE-PRES | $0 | $0 | N/A |
Total Giving
$2.1M
Total Assets
$9.1M
Fair Market Value
$26.2M
Net Worth
$9.1M
Grants Paid
$2M
Contributions
N/A
Net Investment Income
$1.7M
Distribution Amount
$1.2M
Total: $8.9M
Total Grants
33
Total Giving
$6.5M
Average Grant
$198K
Median Grant
$150K
Unique Recipients
9
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Red Cross N Ca Coastal RegionUSE CONSISTENT W501(C)(3) STATUS | San Francisco, CA | $683K | 2023 |
| Healthright 360USE CONSISTENT W/501(C)(3) STATUS | San Francisco, CA | $450K | 2023 |
| Ymca Of San FranciscoembarcaderoUSE CONSISTENT W/501(C)(3) STATUS | San Francisco, CA | $200K | 2023 |
| Umrc Foundation - Howard S Holmes Endowment FundUSE CONSISTENT W/501(C)(3) STATUS | Chelsea, MI | $200K | 2023 |
| Ymca Of San Franciscoboddeker ParkUSE CONSISTENT W/501(C)(3) STATUS | San Francisco, CA | $150K | 2023 |
| Main Street Park AllianceUSE CONSISTENT W/501(C)(3) STATUS | Chelsea, MI | $125K | 2023 |
| Mar AllianceUSE CONSISTENT W/501(C)(3) STATUS | Austin, TX | $100K | 2023 |
| Washtenaw 100 IncUSE CONSISTENT W/501(C)(3) STATUS | Ann Arbor, MI | $100K | 2023 |
| American Red Cross Northern Ca CoastalUSE CONSISTENT W/501(C)(3) STATUS | San Francisco, CA | $250K | 2020 |