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The Sarnat-Hoffman Family Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2004. It holds total assets of $18.4M. Annual income is reported at $2.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Sarnat-Hoffman Family Foundation has made 17 grants totaling $6.1M, with a median grant of $344K. Annual giving has decreased from $926K in 2020 to $505K in 2023. Grantmaking activity was highest in 2022 with $4.1M distributed across 10 grants. Individual grants have ranged from $19K to $949K, with an average award of $359K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in California and Ohio. Contributions to this foundation are tax-deductible.
The Sarnat-Hoffman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in CA, OH.
The Sarnat-Hoffman Family Foundation has distributed a total of $6.1M across 17 grants. The median grant size is $344K, with an average of $359K. Individual grants have ranged from $19K to $949K.
The Sarnat-Hoffman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Sarnat-Hoffman Family Foundation is headquartered in PALO ALTO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joan E Sarnat | PRESIDENT & SECRETARY | $0 | $0 | $0 |
| David A Hoffman | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$676K
Total Assets
$18.9M
Fair Market Value
$25.9M
Net Worth
$18.9M
Grants Paid
$505K
Contributions
$0
Net Investment Income
$103K
Distribution Amount
$1.2M
Total: $8.3M
Total Grants
17
Total Giving
$6.1M
Average Grant
$359K
Median Grant
$344K
Unique Recipients
3
Most Common Grant
$19K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity ChartiablePUBLIC CHARITY; DONOR ADVISED FUND | Cincinnati, OH | $505K | 2023 |
| Fidelity CharitablePUBLIC CHARITY; DONOR ADVISED FUND | Cincinnati, OH | $949K | 2022 |
| Jewish Community Federation & Endowment FundENDOWMENT FUND | San Francisco, CA | $518K | 2022 |
| 2017 | 990PF | View |
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