Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Sarma Charitable Foundation is a private corporation based in SAN ANTONIO, TX. The foundation received its IRS ruling in 2020. The principal officer is Dawn Harvey. It holds total assets of $2.4M. Annual income is reported at $562K. Total assets have grown from N/A in 2019 to $2.7M in 2022. The foundation is governed by 8 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 2021 to 2023. According to available records, Sarma Charitable Foundation has made 43 grants totaling $459K, with a median grant of $2K. The foundation has distributed between $210K and $249K annually from 2021 to 2022. Individual grants have ranged from $740 to $83K, with an average award of $11K. The foundation has supported 26 unique organizations. Grants have been distributed to organizations in Texas and Florida. 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.
Sarma Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in TX, FL.
Sarma Charitable Foundation has distributed a total of $459K across 43 grants. The median grant size is $2K, with an average of $11K. Individual grants have ranged from $740 to $83K.
Sarma Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sarma Charitable Foundation is headquartered in SAN ANTONIO, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Karutz | DIRECTOR/CHAIRMAN | $0 | $0 | N/A |
| Bob Benavides | EX-OFFICIO/PRESIDENT/CEO | $0 | $0 | N/A |
| Cindy Ramirez | EX-OFFICIO/TREASURER/SECRETARY | $0 | $0 | N/A |
| Jerry Reavis | DIRECTOR | $0 | $0 | N/A |
| Linda Stolte | DIRECTOR/VICE-CHAIRMAN | $0 | $0 | N/A |
| Diann Bonnin | DIRECTOR | $0 | $0 | N/A |
| Matthew Carpenter | DIRECTOR | $0 | $0 | N/A |
| David Holmes | DIRECTOR | $0 | $0 | N/A |
Total Giving
$578K
Total Assets
$2.7M
Fair Market Value
$2.9M
Net Worth
$2.7M
Grants Paid
$355K
Contributions
N/A
Net Investment Income
$149K
Distribution Amount
$149K
Total: N/A
Total Grants
43
Total Giving
$459K
Average Grant
$11K
Median Grant
$2K
Unique Recipients
26
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| San Antonio Food BankPART OF A TWO-YEAR PARTNERSHIP AGREEMENT IN SUPPORT OF THE GROCERY RESCUE PROGRAM FOR A TWO-YEAR SPONORSHIP. "DOING GOOD ON THE GREEN" SPONORSHIP IN SUPPORT OF THEIR MISSION. SPONSORING A MEGA DISTRIBUTIONS TO DIRECTLY DISTRIBUTE FOOD TO OUR COMMUNITY IN NEED. | San Antonio, TX | $63K | 2022 |
| Feeding South FloridaCRISIS AWARD | Pembroke, FL | $25K | 2022 |
| University HealthCRISIS AWARD | San Antonio, TX | $10K | 2022 |
| Ssfcu Charitable Foundation IncCOMMUNITY GIVE | San Antonio, TX | $8K | 2022 |
| Arc South Fl Greater MiamiCOMMUNITY GIVE | Miami, FL | $5K | 2022 |
| Guadalupe Regional Med FoundationCOMMUNITY GIVE | Seguin, TX | $3K | 2022 |
| Uiw Mens Basketball ProgramGOLF SPONSORSHIP | San Antonio, TX | $2K | 2022 |
| Alzheimers Assn Of San AntonioEMPLOYEE AWARD | San Antonio, TX | $2K | 2022 |
| Brighton CenterEMPLOYEE AWARD | San Antonio, TX | $1K | 2022 |
| Bexar County Family JusticeEMPLOYEE AWARD | San Antonio, TX | $1K | 2022 |
| Childrens Bereavement CenterEMPLOYEE AWARD | San Antonio, TX | $1K | 2022 |
| Childrens HarborEMPLOYEE AWARD | Pembroke Pines, FL | $1K | 2022 |
| Cystic Fibrosis FoundationEMPLOYEE AWARD | San Antonio, TX | $1K | 2022 |
| Leukemia & Lymphoma SocietyEMPLOYEE AWARD | San Antonio, TX | $1K | 2022 |
| Literacy San Antonio IncEMPLOYEE AWARD | San Antonio, TX | $1K | 2022 |
| San Antonio Cancer CouncilEMPLOYEE AWARD | San Antonio, TX | $1K | 2022 |
| Habitat For Humanity Of San AntonioCOMPLETE HOME SPONSORSHIP AND "TASTE OF HOME BENEFIT" TO HELP FUND A SEPARATE HOME | San Antonio, TX | $83K | 2021 |
| Spurs GivePART OF A FOUR-YEAR AGREEMENT SUPPORTING SA DIGITAL CONNECTS | San Antonio, TX | $25K | 2021 |
| South Texas Blood & Tissue CenterDONATION IN SUPPORT OF MISSION | San Antonio, TX | $25K | 2021 |
| South Texas Food BankPROVIDED FUNDS IN SUPPORT OF THEIR MISSION TO ALLEVIATE HUNGER IN THE EIGHT-COUNTY SERVICE AREA IN THE SOUTH TEXAS REGION | Laredo, TX | $25K | 2021 |
| San Antonio Area FoundationDONATION FOR THE COMMUNITY PIPE REPAIR PROGRAM FUND | San Antonio, TX | $10K | 2021 |
| San Antonio ReportDONATION IN SUPPORT OF MISSION | San Antonio, TX | $5K | 2021 |
| Uiw Basketball ProgramGOLF SPONORSHIP | San Antonio, TX | $1K | 2021 |
| Nami San AntonioEMPLOYEE AWARD - NATALIE SEGOVIA'S CHOICE TO SUPPORT THEIR MISSION | San Antonio, TX | $1K | 2021 |
| 1st Tee GtrEMPLOYEE AWARD - NIC BENAVIDES' CHOICE TO SUPPORT THEIR MISSION | San Antonio, TX | $1K | 2021 |
| The Ferrari KidGOLF SPONORSHIP | San Antonio, TX | $740 | 2021 |