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Second Foundation is a private trust based in SEDONA, AZ. The foundation received its IRS ruling in 1995. The principal officer is Richard Factor. It holds total assets of $88K. Annual income is reported at $6K. Total assets have decreased from $141K in 2011 to $84K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Second Foundation has made 1 grants totaling $19K, with a median grant of $19K. Grant recipients are concentrated in New Jersey. 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.
Second Foundation primarily funds organizations in the area of religion. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NJ.
Second Foundation has distributed a total of $19K across 1 grants. The median grant size is $19K, with an average of $19K. Individual grants have ranged from $19K to $19K.
Second Foundation typically selects its grantees rather than accepting unsolicited proposals.
Second Foundation is headquartered in SEDONA, AZ.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Factor | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2K
Total Assets
$84K
Fair Market Value
$217K
Net Worth
$84K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$10K
Total Grants
1
Total Giving
$19K
Average Grant
$19K
Median Grant
$19K
Unique Recipients
1
Most Common Grant
$19K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Seti League IncCHARITABLE | Little Ferry, NJ | $19K | 2022 |