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EIN 84-3607222

The Michael and Maureen Sachs Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Beverly Hills
State
California
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Michael and Maureen Sachs Foundation is a private foundation located in Beverly Hills, CA. Its primary focus is providing unrestricted cash donations to charitable organizations, with the interest earned on temporary cash investments used to increase the funds available. Grantees include Bighorn Golf Club Charities and others, with three grants made last year.
Total revenues
$50,002
2022
Total expenses
$52,953
2022
Total assets
$3,865
2022
Num. employees
n/a

Program areas at The Michael and Maureen Sachs Foundation

Cash donations to charitable organizations - unrestricted
Interest earned on temporary cash investments increases funds
Available for The exempt purpose

Grants made by The Michael and Maureen Sachs Foundation

GranteeGrant descriptionAmount
Bighorn Golf Club CharitiesUnrestricted Donation$25,000
Heart of the NationUnrestricted Donation$10,000
Variety Childrens Charities of the Desert Tent 66Unrestricted Donation$5,000

Personnel at The Michael and Maureen Sachs Foundation

NameTitleCompensation
Allan AlexanderDirector / Chief Financial Officer$0

Financials for The Michael and Maureen Sachs Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$50,000
Investment income and dividends$2
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$50,002

Form 990s for The Michael and Maureen Sachs Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-09990PFView PDF
2019-122021-06-11990PFView PDF
Data update history
October 20, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 27, 2021
Used new vendors
Identified 1 new vendor, including
September 25, 2021
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
9595 Wilshire Blvd Suite 900
Beverly Hills, CA 90212
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Phone
(310) 273-8400
IRS details
EIN
84-3607222
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2020
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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