Is Sanders Family Foundation Legit?

Quick charity verification for Sanders Family Foundation (EIN: 205679987)

Verdict: Sanders Family Foundation appears trustworthy

85/100Mission Score
$8.8MRevenue
$31.6MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Sanders Family Foundation appears to be a well-established private foundation with substantial assets, currently at $31,626,264. Its financial activity shows consistent grant-making, with expenses generally exceeding revenue in several recent years, indicating a reliance on its endowment to fund operations. For instance, in 2022, expenses were $2,155,177 against revenues of $1,264,953. The foundation consistently reports zero officer compensation, which is a positive indicator of efficient use of funds, as it suggests that administrative costs related to executive salaries are not a significant drain on resources. However, without a detailed breakdown of program service expenses versus administrative and fundraising costs, a complete assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s over a decade demonstrates a commitment to regulatory compliance and transparency regarding its financial position.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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