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Sarica Inc. is a private corporation based in HASTINGS, MI. The foundation received its IRS ruling in 2018. The principal officer is Scott Mckeever. It holds total assets of $272K. Annual income is reported at $211K. Total assets have decreased from $25K in 2019 to $14K in 2023. Provided a program whereas 5th grade students from a local elementary school sent cards back and forth to the elderly at the Hastings Commission on Aging. The high school student who organized it received a scholarship. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Michigan. According to available records, Sarica Inc. has made 11 grants totaling $6K, with a median grant of $500. Annual giving has decreased from $4K in 2021 to $664 in 2023. Individual grants have ranged from N/A to $2K, with an average award of $533.818. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$365
Average Grant
$366
Largest Grant
$535
Based on 4 grants from the most recent 990-PF filing.
Worked with the program director at Barry County United Way to donate baskets of household goods and a gas card to 10 recipients.
Expenses: $535
Gave 3 art scholarships to local high school art students for painting a mural at a local business for city beautification.
Expenses: $418
Worked with the director of Barry County Commission on Aging to provide food boxes, sandwiches and a personalized painting to 10 recipients.
Expenses: $311
Donation allowed an at-need student to participate in band camp.
Expenses: $200
Provided a program whereas 5th grade students from a local elementary school sent cards back and forth to the elderly at the Hastings Commission on Aging. The high school student who organized it received a scholarship. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MI.
Sarica Inc. has distributed a total of $6K across 11 grants. The median grant size is $500, with an average of $533.818. Individual grants have ranged from N/A to $2K.
Sarica Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sarica Inc. is headquartered in HASTINGS, MI.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$14K
Total Assets
$14K
Fair Market Value
$14K
Net Worth
$14K
Grants Paid
$664
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$6K
Average Grant
$533.818
Median Grant
$500
Unique Recipients
11
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Commission On AgingProvided donation care baskets to elderly participants of the commission. | Hastings, MI | $333 | 2023 |
| Green GablesProvided care packages to a local women's shelter | Hastings, MI | $331 | 2023 |
| Raedyn RathbunScholarship to high school student | Hastings, MI | $569 | 2022 |
| Katherine KoczakScholarship to put on a dance clinic in Hastings MI. | Allendale, MI | $300 | 2022 |
| Alexa ForreyScholarship to put on a dance clinic in Hastings MI. | Allendale, MI | $100 | 2022 |
| Art Contest Winners 15Scholarship for winning Art Contest | Hastings, MI | $2K | 2021 |
| Sam RandallScholarship for participating on youth board for Art Contest | Hastings, MI | $500 | 2021 |
| Lucas RichardsScholarship for participating on youth board for Art Contest | Hastings, MI | $500 | 2021 |
| Abby WallerScholarship for participating on youth board for Art Contest | Hastings, MI | $500 | 2021 |
| Breanna WillardScholarship for participating on youth board for Art Contest | Hastings, MI | $500 | 2021 |
| Joey Jackson Memorial FundDonation for child who lost a parent | Portage, MI | N/A | 2021 |