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Satisfactory Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2018. The principal officer is Christopher Naunton. It holds total assets of $20K. Annual income is reported at $638. Total assets have decreased from $80K in 2019 to $20K in 2023. The foundation is governed by 3 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. The foundation primarily funds organizations in New York and Minnesota. According to available records, Satisfactory Foundation has made 6 grants totaling $73K, with a median grant of $13K. Annual giving has grown from $8K in 2020 to $40K in 2022. Individual grants have ranged from $1K to $25K, with an average award of $12K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$3K
Largest Grant
$6K
Based on 3 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.
Satisfactory Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY, MN.
Satisfactory Foundation has distributed a total of $73K across 6 grants. The median grant size is $13K, with an average of $12K. Individual grants have ranged from $1K to $25K.
Satisfactory Foundation typically selects its grantees rather than accepting unsolicited proposals.
Satisfactory Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregory Soros | President/DIRECTOR | $0 | $0 | N/A |
| John M Desisto | VP/Secretary/DIRECTOR | $0 | $0 | N/A |
| Christopher I Naunton | Treasurer/DIRECTOR | $0 | $0 | N/A |
Total Giving
$891
Total Assets
$20K
Fair Market Value
$20K
Net Worth
$20K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$187
Distribution Amount
$1K
Total Grants
6
Total Giving
$73K
Average Grant
$12K
Median Grant
$13K
Unique Recipients
4
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Center For Artistic ActivismGENERAL SUPPORT | Leeds, NY | $20K | 2022 |
| Seeds Of AfricaGENERAL SUPPORT | New York, NY | $25K | 2021 |
| Liminal Films Llc (The Sacred & The Snake)GENERAL SUPPORT | Perham, MN | $1K | 2020 |
| Art Council Inc (Artadia Fund For Art & Dialogue)GENERAL SUPPORT | New York, NY | $1K | 2020 |