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Sawan Foundation is a private corporation based in HUNTSVILLE, AL. The foundation received its IRS ruling in 2014. The principal officer is Gurmej Sandhu. It holds total assets of $853K. Annual income is reported at $152K. Total assets have grown from $102K in 2014 to $718K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2014 to 2023. According to available records, Sawan Foundation has made 4 grants totaling $40K, with a median grant of $10K. The foundation has distributed between $20K and $20K annually from 2020 to 2022. Grant recipients are concentrated in Alabama. 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.
Sawan Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in AL.
Sawan Foundation has distributed a total of $40K across 4 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $10K to $10K.
Sawan Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sawan Foundation is headquartered in HUNTSVILLE, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rayford Vaughn | DIRECTOR | $0 | $0 | N/A |
| Gurmej Sandhu | PRESIDENT | $0 | $0 | N/A |
| Frank Brown | SECRETARY | $0 | $0 | N/A |
Total Giving
$19K
Total Assets
$718K
Fair Market Value
$718K
Net Worth
$718K
Grants Paid
$10K
Contributions
$98K
Net Investment Income
$2K
Distribution Amount
$34K
Total Grants
4
Total Giving
$40K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
1
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Huntsville Humane SocietyHUMANE CARE AND TREATMENT OF ANIMALS | Huntsville, AL | $10K | 2022 |