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Saponas Foundation is a private corporation based in COLORADO SPGS, CO. The foundation received its IRS ruling in 2006. The principal officer is Thomas A Saponas. It holds total assets of $1.4M. Annual income is reported at $63K. Total assets have grown from $925K in 2011 to $1.4M in 2023. The foundation is governed by 4 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 2023. According to available records, Saponas Foundation has made 4 grants totaling $293K, with a median grant of $78K. Annual giving has grown from $58K in 2021 to $76K in 2023. Grantmaking activity was highest in 2022 with $159K distributed across 2 grants. Individual grants have ranged from $58K to $80K, with an average award of $73K. Grant recipients are concentrated in Colorado. 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.
Saponas Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CO.
Saponas Foundation has distributed a total of $293K across 4 grants. The median grant size is $78K, with an average of $73K. Individual grants have ranged from $58K to $80K.
Saponas Foundation typically selects its grantees rather than accepting unsolicited proposals.
Saponas Foundation is headquartered in COLORADO SPGS, CO.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer L Saponas | Director | $0 | $0 | N/A |
| Thomas A Saponas | President | $0 | $0 | N/A |
| Charlotte D Saponas | Secretary | $0 | $0 | N/A |
| Robert T Saponas | Director | $0 | $0 | N/A |
Total Giving
$78K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$76K
Contributions
N/A
Net Investment Income
$62K
Distribution Amount
$77K
Total: $1.4M
Total Grants
4
Total Giving
$293K
Average Grant
$73K
Median Grant
$78K
Unique Recipients
1
Most Common Grant
$80K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachmentPC | Colorado Springs, CO | $76K | 2023 |