Skip to content
Nonprofiteer
← SANDLER FOUNDATION

Form 990 for tax year 2024

Filed by SANDLER FOUNDATION.

Totals

Total revenue
-$2,171,474
Total expenses
$356,183,505
Contributions and grants received
$0
Grants paid
$353,625,080
Program service revenue
$0
Investment income
-$2,171,474
Other revenue
$0
Total assets, end of year
$251,651,548
Total liabilities, end of year
$132,894
Net assets or fund balances, end of year
$251,518,654
Program services expenses (Part IX)
$354,741,574
Management and general expenses
$1,441,931
Fundraising expenses
$0
Program service expenses (Part III)
$354,741,574

Program services were 99.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES SANDLER

    DIRECTOR/BOARD CHAIR/VP

    Total calculated
    $0
    Hours/week
    1

  • PHYLLIS COOK

    DIRECTOR

    Total calculated
    $66,356
    From this org
    $0
    From related orgs
    $66,356
    Other
    $0
    Hours/week
    1 + 10 related

  • DAVID AGGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID FOLKMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEVE DAETZ

    DIRECTOR,PRESIDENT,AST SEC

    Total calculated
    $699,861
    From this org
    $602,182
    From related orgs
    $0
    Other
    $97,679
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $599,563
    Bonus
    $0
    Other
    $2,619
    Deferred
    $72,500
    Nontaxable benefits
    $25,179
    Filer's total
    $699,861

  • JOY SISISKY

    TREASURER/SECRETARY

    Total calculated
    $772,970
    From this org
    $0
    From related orgs
    $716,370
    Other
    $56,600
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $577,700 related
    Bonus
    $0 + $137,500 related
    Other
    $0 + $1,170 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $35,250 related
    Filer's total
    $0 + $772,970 related

  • SERGIO KNAEBEL

    GRANTS DIRECTOR

    Total calculated
    $334,498
    From this org
    $263,327
    From related orgs
    $0
    Other
    $71,171
    Hours/week
    36

    Schedule J breakdown matched by us

    Base
    $261,928
    Bonus
    $0
    Other
    $1,399
    Deferred
    $39,289
    Nontaxable benefits
    $31,882
    Filer's total
    $334,498

  • JEANNETTE DEMESMIN-RODRIGUES

    EXECUTIVE ASSISTANT

    Total calculated
    $145,051
    From this org
    $115,903
    From related orgs
    $0
    Other
    $29,148
    Hours/week
    32

  • SUSAN HYDE

    EXECUTIVE ASSISTANT

    Total calculated
    $138,002
    From this org
    $115,890
    From related orgs
    $0
    Other
    $22,112
    Hours/week
    32

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE ORGANIZATION HAS A WRITTEN EXPENSE REIMBURSEMENT POLICY THAT PERMITS REIMBURSEMENT OF AIR TRAVEL FOR FLIGHTS EXCEEDING A CERTAIN DURATION AT A CLASS OF SERVICE HIGHER THAN COACH CLASS TICKETS, SUBJECT TO AUTHORIZATION AND APPROVAL BY THE INDIVIDUAL'S MANAGER, TOGETHER WITH APPROPRIATE DOCUMENTATION
PART I, LINE 3
SEE COMPENSATION POLICY DISCLOSURE ON SCHEDULE O

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202611349349311916

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.