Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Sargol Charitable Trust is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 1997. It holds total assets of $8.8M. Annual income is reported at $1.3M. Total assets have grown from $3.3M in 2011 to $8.6M in 2023. 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 2020 to 2023. According to available records, Sargol Charitable Trust has made 9 grants totaling $4.3M, with a median grant of $200K. Annual giving has decreased from $1.3M in 2021 to $723K in 2023. Grantmaking activity was highest in 2022 with $2.3M distributed across 4 grants. Individual grants have ranged from $8K to $1.2M, with an average award of $481K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. 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.
Sargol Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY.
Sargol Charitable Trust has distributed a total of $4.3M across 9 grants. The median grant size is $200K, with an average of $481K. Individual grants have ranged from $8K to $1.2M.
Sargol Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Sargol Charitable Trust is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yitzchok Goodman | Trustee | $0 | $0 | N/A |
| Rachel Goodman | Trustee | $0 | $0 | N/A |
Total Giving
$740K
Total Assets
$8.6M
Fair Market Value
$25.1M
Net Worth
$8.6M
Grants Paid
$723K
Contributions
$220K
Net Investment Income
$146K
Distribution Amount
$960K
Total: $8.3M
Total Grants
9
Total Giving
$4.3M
Average Grant
$481K
Median Grant
$200K
Unique Recipients
2
Most Common Grant
$18K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable FundCHARITABLE | New York, NY | $715K | 2023 |
| Various Local CharitiesCharitable | Brooklyn, NY | $8K | 2023 |