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Sapphire Foundation Inc. is a private corporation based in PASADENA, CA. The foundation received its IRS ruling in 2013. The principal officer is Elvin Kay. It holds total assets of $133K. Annual income is reported at $96K. 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 2016 to 2023. Grantmaking is concentrated in California. According to available records, Sapphire Foundation Inc. has made 29 grants totaling $67K, with a median grant of $2K. Annual giving has grown from $17K in 2021 to $26K in 2023. Individual grants have ranged from $500 to $8K, with an average award of $2K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$3K
Based on 4 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.
Sapphire Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in CA.
Sapphire Foundation Inc. has distributed a total of $67K across 29 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $8K.
Sapphire Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sapphire Foundation Inc. is headquartered in PASADENA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roger Su | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Hank Su | TREASURER/CFO | $0 | $0 | N/A |
| Elvin Kay | PRESIDENT/CEO | $0 | $0 | N/A |
| Ann Hoang-Kay | NON-VOTING/DIRECTOR | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$117K
Fair Market Value
$594K
Net Worth
$117K
Grants Paid
$26K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$27K
Total: $114K
Total Grants
29
Total Giving
$67K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
21
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hwarang Youth FoundationCHARITABLE CONTRIBUTION | Simi Valley, CA | $4K | 2023 |
| Los Angeles Arboretum FoundationCHARITABLE CONTRIBUTION | Arcadia, CA | $3K | 2023 |
| Koreatown Youth And Community CenterCHARITABLE CONTRIBUTION | Los Angeles, CA | $3K | 2023 |
| KuscCHARITABLE CONTRIBUTION | Los Angeles, CA | $3K | 2023 |
| Kl Carver PtaCHARITABLE CONTRIBUTION | San Marino, CA | $3K | 2023 |
| San Marino High School Titan AthleticCHARITABLE CONTRIBUTION | San Marino, CA | $2K | 2023 |
| San Marino Public LibraryCHARITABLE CONTRIBUTION | San Marino, CA | $2K | 2023 |
| Pacific Asian Consortium In EmploymentCHARITABLE CONTRIBUTION | Los Angeles, CA | $2K | 2023 |
| San Gabriel Valley Humane SocietyCHARITABLE CONTRIBUTION | San Gabriel, CA | $1K | 2023 |
| KcetCHARITABLE CONTRIBUTION | Whittier, CA | $1K | 2023 |
| Korean American Law EnforcementCHARITABLE CONTRIBUTIONCHARITABLE CONTRIBUTION | Porter Ranch, CA | $1K | 2023 |
| Carver Parent PartyCHARITABLE CONTRIBUTION | Pasadena, CA | $800 | 2023 |
| San Marino Community Athletic AssociationCHARITABLE CONTRIBUTION | San Marino, CA | $500 | 2023 |
| The Huntington LibraryCHARITABLE CONTRIBUTION | San Marino, CA | $3K | 2022 |
| Hollywood Food CoalitionCHARITABLE CONTRIBUTIONCHARITABLE CONTRIBUTION | Los Angeles, CA | $2K | 2022 |
| Friends Of Runyon CanyonCHARITABLE CONTRIBUTION | Los Angeles, CA | $1K | 2022 |
| Korean American Chamber Of Commerce Of Los AngelesCHARITABLE CONTRIBUTION | Los Angeles, CA | $1K | 2022 |
| Haven'S House Youth ServicesCHARITABLE CONTRIBUTION | Long Beach, CA | $569 | 2022 |
| San Marino Schools FoundationCHARITABLE CONTRIBUTION | San Marino, CA | $5K | 2021 |
| San Marino High School Titan Athletic BoostersCHARITABLE CONTRIBUTION | San Marino, CA | $2K | 2021 |
| Monrovia Police Officers' AssociationCHARITABLE CONTRIBUTION | Monrovia, CA | $901 | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA