Form 990 for tax year 2023
Filed by SANDS FAMILY SUPPORTING FOUNDATION INC.
Totals
- Total revenue
- $5,097,186
- Total expenses
- $30,677,378
- Contributions and grants received
- $3,900,000
- Grants paid
- $30,362,012
- Program service revenue
- $0
- Investment income
- $1,197,186
- Other revenue
- $0
- Total assets, end of year
- $105,995,678
- Total liabilities, end of year
- $25,158,498
- Net assets or fund balances, end of year
- $80,837,180
- Program services expenses (Part IX)
- $30,362,012
- Management and general expenses
- $315,366
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $30,362,012
Program services were 99.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
RICHARD SANDS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT SANDS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
ABIGAIL BENNETT
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JAMES B BRUSH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SIMEON BANISTER
MEMBER
- Total calculated
- $303,683
- From this org
- $0
- From related orgs
- $288,482
- Other
- $15,201
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $277,652 related
- Bonus
- $0
- Other
- $0 + $10,830 related
- Deferred
- $0 + $14,141 related
- Nontaxable benefits
- $0 + $1,060 related
- Filer's total
- $0 + $303,683 related
-
JOSE J CORONAS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
THOMAS S RICHARDS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
AMY VARS
TREASURER
- Total calculated
- $231,218
- From this org
- $0
- From related orgs
- $219,851
- Other
- $11,367
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $219,023 related
- Bonus
- $0
- Other
- $0 + $828 related
- Deferred
- $0 + $10,843 related
- Nontaxable benefits
- $0 + $524 related
- Filer's total
- $0 + $231,218 related
-
ANDREW MULDOON
SECRETARY
- Total calculated
- $175,439
- From this org
- $0
- From related orgs
- $154,790
- Other
- $20,649
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $154,657 related
- Bonus
- $0
- Other
- $0 + $133 related
- Deferred
- $0 + $8,158 related
- Nontaxable benefits
- $0 + $12,491 related
- Filer's total
- $0 + $175,439 related
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 · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 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)
- FORM 990, SCHEDULE J, PAGE 3, PART III
- ROCHESTER AREA COMMUNITY FOUNDATION, A RELATED ORGAIZATION, WAS RESPONSIBLE FOR PAYING THE COMPENSATION AND THE RESPECTIVE HEALTH AND SOCIAL CLUB DUES OF THE BOARD MEMBER AND TREASURER. THE FOLLOWING WAS USED BY ROCHESTER AREA COMMUNITY FOUNDATION WHEN DETERMINING THE BOARD MEMBER'S COMPENSATION - INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION STUDY, FORM 990 OF PTHER ORGANIZATIONS - AND APPROVAL BY THE BOARD OF DIRECTORS.
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
-
$25,000,000
ESTABLISH A NEW COLLEGE OF PERFORMING ARTS
-
$2,934,287
SF2 POSSIBILITIES FOR TOMORROW GRANT
-
$1,366,725
SANDS FAMILY INITIATIVE FOR CREATIVITY, INNOVATION & ENTREPRENEURSHIP
-
$500,000
EXPANSION DEFICIT FUNDING
-
ROCHESTER COMMUNITY SQUASH INC
$200,000
GENERAL PURPOSES
-
MEASURES FOR JUSTICE INSTITUTE
$183,333
GENERAL PURPOSES
-
$100,000
STAMP OUT CANCER BROOKLYN
-
$40,000
GENERAL PURPOSES
-
$16,667
GENERAL PURPOSES
-
GENERAL PURPOSES
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.
-
ROCHESTER AREA COMMUNITY FOUNDATION
501(C)(3) · GRANT-MAKING COMMUNITY FOUNDATION · NY
-
JOAN AND HAROLD FEINBLOOM SUPPORTING FOUNDATION INC
501(C)(3) · TO SUPPORT THE CHARITABLE EFFORTS OF ROCHESTER AREA COMMUNITY FOUNDATION · NY
Directly controlled by ROCHESTER AREA COMMUNITY FOUNDATION
-
501(C)(3) · PROVIDE RENTAL SPACE TO EXEMPT ORGANIZATIONS · NY
Directly controlled by ROCHESTER AREA COMMUNITY FOUNDATION
-
ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES INC
501(C)(3) · SPONSOR COMMUNITY PROJECTS · NY
Directly controlled by ROCHESTER AREA COMMUNITY FOUNDATION
-
ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC
501(C)(3) · PROVIDE GRANTS TO PUBLIC CHARITIES · NY
Directly controlled by ROCHESTER AREA COMMUNITY FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510169349301726
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.