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Sugar Creek Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2019. The principal officer is Rachel D Mansdorf. It holds total assets of $4.5M. Annual income is reported at $2.1M. Total assets have grown from $3.1M in 2019 to $4.3M in 2023. The foundation is governed by 4 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 2018 to 2023. The foundation primarily funds organizations in Texas, Florida and New York. According to available records, Sugar Creek Foundation has made 11 grants totaling $795K, with a median grant of $25K. Annual giving has grown from $160K in 2020 to $385K in 2023. Individual grants have ranged from $10K to $260K, with an average award of $72K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Texas, North Carolina, New York, which account for 82% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$15K
Average Grant
$23K
Largest Grant
$50K
Based on 7 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.
Sugar Creek Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in TX, NC, NY.
Sugar Creek Foundation has distributed a total of $795K across 11 grants. The median grant size is $25K, with an average of $72K. Individual grants have ranged from $10K to $260K.
Sugar Creek Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sugar Creek Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jarred Hassell | SECRETARY | $0 | $0 | N/A |
| Gerald Hassell | PRESIDENT | $0 | $0 | N/A |
| Anita-Agnes Hassell | PRESIDENT | $0 | $0 | N/A |
| Alyssa Hassell | TREASURER | $0 | $0 | N/A |
Total Giving
$418K
Total Assets
$4.3M
Fair Market Value
$4.6M
Net Worth
$4.3M
Grants Paid
$385K
Contributions
N/A
Net Investment Income
$230K
Distribution Amount
$220K
Total: $3.9M
Total Grants
11
Total Giving
$795K
Average Grant
$72K
Median Grant
$25K
Unique Recipients
9
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Waterloo Greenway ConservancyUNRESTRICTED GENERAL | Austin, TX | $260K | 2023 |
| Duke UniversityUNRESTRICTED GENERAL | Durham, NC | $100K | 2023 |
| Big Brothers & Big Sisters Of Nyc IncUNRESTRICTED GENERAL | New York City, NY | $25K | 2023 |
| Waller Creek ConservancyUNRESTRICTED GENERAL | Austin, TX | $50K | 2020 |
| Central Texas Food BankUNRESTRICTED GENERAL | Austin, TX | $15K | 2020 |
| Palm Beach County Food BankUNRESTRICTED GENERAL | Lantana, FL | $15K | 2020 |
| Loggerhead Marinelife CenterUNRESTRICTED GENERAL | Juno Beach, FL | $10K | 2020 |
| Contemporary Austin MuseumUNRESTRICTED GENERAL | Austin, TX | $10K | 2020 |
| Breakthrough Central TexasUNRESTRICTED GENERAL | Austin, TX | $10K | 2020 |