Sanders Dickinson Foundation

The Sanders Dickinson Foundation is a private nonprofit organization based in Moraga, California, recognized for its charitable activities and philanthropic contributions. The organization was established in 2002 and operates under the National Taxonomy of Exempt Entities (NTEE) classification for private independent foundations. Its primary mission is to support various charitable endeavors, particularly those focused on improving community welfare and enhancing educational opportunities.

Financial Overview

As of the latest reports, the foundation holds total assets amounting to approximately $4.4 million. The organization has no recorded liabilities, indicating a strong financial position. In recent years, the foundation has received significant contributions, reporting $200,000 in contributions for the year, which constituted 76.6% of its total revenue. Other income sources include dividends, which accounted for about 23.4% of its overall earnings, while interest revenue was minimal.

Charitable Contributions

The Sanders Dickinson Foundation is notable for its commitment to charitable disbursements, allocating nearly all of its revenue—approximately $179,280 in the last fiscal year—toward charitable activities, which represents 99.4% of its total expenses. This reflects the organization's dedication to its philanthropic mission, ensuring that the majority of funds are utilized to support community and educational initiatives.

Governance

The foundation is directed by a board comprised of key individuals, including:

• Derek A. Sanders, President/Director
• Kevin R. Sanders, Vice President/Director
• Valerie W. Sanders, Secretary/Director
• Robert W. Sanders, Director
• John R. Henkel, Treasurer

While some members of the board receive compensation for their roles, such as John R. Henkel with an annual payment of $5,000, the overall compensation of other officers has been recorded at $0, emphasizing the foundation's aim to direct most funds towards its charitable mission.

Compliance and Reporting

The foundation adheres to regulatory requirements by filing Form 990-PF, which provides detailed insights into its financial activities, governance, and operational practices. Recent filings indicate consistent revenue patterns and a steadfast commitment to charitable giving, reinforcing the foundation's reputation as a reliable source of funding for various philanthropic causes.

Conclusion

In summary, the Sanders Dickinson Foundation plays an essential role in philanthropy within its community, exemplifying effective grantmaking practices and a strong commitment to social responsibility. Through its financial stability and operational focus, the foundation continues to make a meaningful impact in the areas it serves.