Program areas at Sachs Foundation
Educational grants for members of the black/african american race and residents of Colorado.
The elevated program seeks to empower black youth and their families by providing mentorship, equitable opportunities and collegiate access to succeed in higher education.
The Sachs teacher development program looks to increase the number of african-american teachers serving in Colorado, specifically in schools with large black student populations
The Sachs Foundation received miscellaneous income related to the organization's purpose/function which constitutes the basis for the organization's exemption in the amount of $5,819.
Who funds Sachs Foundation
Grants from foundations and other nonprofits
Personnel at Sachs Foundation
Name | Title | Compensation | Date of data |
---|
Ben Ralston | President | $207,000 | 2023-06-26 |
Financials for Sachs Foundation
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $2,177,687 | $1,788,554 | 21.8% |
Investment income and dividends | $548,961 | $511,425 | 7.3% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $604,321 | $780,113 | -22.5% |
Gross sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $5,819 | $67,427 | -91.4% |
Total revenues | $3,336,788 | $3,147,519 | 6% |
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Data update history
April 2, 2024
Updated personnel
Identified 1 new personnel
August 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 23, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $154,500 from Prosperity Denver Fund Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- PO Box 1452
- Colorado Springs, CO 80901
- Metro area
- Colorado Springs, CO
- County
- El Paso County, CO
- Website URL
- sachsfoundation.org/
- Phone
- (719) 633-2353
IRS details
- EIN
- 84-0500835
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 1932
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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