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Sandnes Family Foundation is a private corporation based in SANTA CLARITA, CA. The foundation received its IRS ruling in 2008. The principal officer is Richard Sandnes. It holds total assets of $1M. Annual income is reported at $129K. Total assets have grown from $174K in 2010 to $1.1M in 2022. The foundation is governed by 2 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. Grantmaking is concentrated in California. According to available records, Sandnes Family Foundation has made 23 grants totaling $2.1M, with a median grant of $25K. Annual giving has grown from $89K in 2020 to $501K in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 12 grants. Individual grants have ranged from $2K to $600K, with an average award of $91K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$17K
Average Grant
$117K
Largest Grant
$600K
Based on 6 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.
Sandnes Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in CA.
Sandnes Family Foundation has distributed a total of $2.1M across 23 grants. The median grant size is $25K, with an average of $91K. Individual grants have ranged from $2K to $600K.
Sandnes Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sandnes Family Foundation is headquartered in SANTA CLARITA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Sandnes | PRESIDENT | $0 | $0 | N/A |
| Marian Sandnes | SECRETARY | $0 | $0 | N/A |
Total Giving
$509K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$501K
Contributions
$500K
Net Investment Income
$30K
Distribution Amount
$40K
Total: N/A
Total Grants
23
Total Giving
$2.1M
Average Grant
$91K
Median Grant
$25K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Henry Mayo Newhall Hospital FoundationCHARITABLE CONTRIBUTION | Valencia, CA | $400K | 2023 |
| Boys & Girls Club Of Santa Clarita ValleyCHARITABLE CONTRIBUTION | Newhall, CA | $68K | 2023 |
| Carousel RanchCHARITABLE CONTRIBUTION | Santa Clarita, CA | $28K | 2023 |
| College Of The Canyons FoundationCHARITABLE CONTRIBUTION | Santa Clarita, CA | $5K | 2023 |
| Canyon Theatre GuildCHARITABLE CONTRIBUTION | Newhall, CA | $6K | 2022 |
| Home 4 FamiliesCHARITABLE CONTRIBUTION | Woodland Hills, CA | $4K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA