The Sabin Children's Foundation

The Sabin Children's Foundation is a U.S. nonprofit organization dedicated to supporting charitable causes, especially those related to children. Established by Gary and Valerie Sabin, the foundation has been active for over 25 years, focusing on transforming the lives of children worldwide.

History and Purpose

The foundation was established when Gary Sabin founded his first publicly traded real estate company in 1993. The Sabins decided to use a portion of the profits to create the foundation with the goal of alleviating distress faced by children globally. Over the years, the foundation has assisted more than 500,000 children in need through collaborations with various partners.

Governance and Leadership

The foundation is led by key officers including Gary B. Sabin as Chairman and CEO, Valerie P. Sabin as a Director, and Eric Ottesen as President. Other notable members include Spencer Plumb, Vice President; Kimberly Sabin Plumb, Director; Mark T. Burton, Vice President; Van A. Tengberg, Director; Jennifer Sabin Sattley, Director; Matt Romney, Director; and Rachel Miller, Secretary.

Financial Overview

The Sabin Children's Foundation operates as a 501(c)(3) organization, making donations tax-deductible. In recent years, the organization has relied on contributions and investment income as primary sources of revenue. For instance, in fiscal year 2018, contributions accounted for 55.2% of total revenue, while investment income was 18.5%. The foundation holds significant assets, with no recorded liabilities.

Philanthropic Activities

The foundation provides grants to tax-exempt organizations for charitable, educational, religious, literary, and scientific purposes. Examples of grant recipients include CharityVision, Pathway Centre for Mentally and Physically Handicapped Children, and World Link Partners. In 2023, the foundation contributed $200,000 in grants.

Impact and Achievements

Through its grants and partnerships, the Sabin Children's Foundation supports a range of initiatives that improve the welfare of children globally. Despite relatively limited revenue in some years, the foundation maintains a strong focus on its mission to benefit children through its strategic grantmaking and collaboration with other charitable organizations.