SEVEN SAGES FOUNDATION
https://NONETotal Given 2020–2023
$1.6M
9 grants · $403K avg/year
based on 4 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$25K
typical mid grants · $25K–$26K
grant size
75%
deep partner · 3/4 multi-year
repeat
$1.7M
Assets · 2021
4
Distinct recipients
About
IN 2022 A MAJORITY OF SEVEN SAGES FOUNDATION'S ASSETS, TOTALED AT $1,388,541 WERE LIQUIDATED AND TRANSFERRED INTO THE REGISBETH DONOR ADVISED FUND AT VANGUARD. IN ORDER TO TERMINATE SEVEN SAGES FOUNDATION COMPLETELY, THE REMAINING BALANCE IN THE UBS BROKERAGE ACCOUNT WILL BE DISTRIBUTED IN 2023 TO A CHARITABLE DONEE.
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
JOHN R SINNENBERG
Phone
2164534530
Deadlines
NONE
How to Apply
REQUESTS CAN BE IN THE FORM OF A LETTER DETAILING THE CHARITABLE ORGANIZATION AND ITS PURPOSE OF THE REQUEST.
Restrictions
TO THE EXTENT THE FOUNDATION HAS REVENUE BEYOND ITS NEEDS, THE FOUNDATION INTENDS TO CONTRIBUTE SUCH REVENUES TO ORGANIZATIONS THAT ARE DESCRIBED IN SECTION 170(C) AND/OR SECTION 501(C)(3) AND/OR SECTION 2522(A) OF THE INTERNAL REVENUE CODE OF 1986.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $40K | $1.6M | $641K | 2 |
| 2021 | $50K | $1.7M | $268K | 2 |
| 2022 | $1.5M | $1K | $7K | 4 |
| 2023 | $3K | $0 | $2K | 1 |
Grant Size Distribution
Based on 9 grants on record
Minimum
$3K
25th Pctl
$25K
Median
$25K
Average
$179K
75th Pctl
$26K
Maximum
$1.4M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| CASSI B HANDLER | TRUSTEE | — |
| JOHN R SINNENBERG | TRUSTEE | — |
Grants Awarded (9 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| REGISBETH DONOR ADVISED FUND AT VANGUARD | VALLEY FORGE, PA | $1,388,541 | CHARITABLE PURPOSE. | 2022 |
| LAVA FOUNDATION | CHICAGO, IL | $80,000 | CHARITABLE PURPOSE. | 2022 |
| FRIENDS OF BREAKTHROUGH SCHOOLS | CLEVELAND, OH | $26,000 | CHARITABLE PURPOSE | 2022 |
| EDWINS FOUNDATION | CLEVELAND, OH | $25,000 | CHARITABLE PURPOSE | 2022 |
| EDWINS FOUNDATION | CLEVELAND, OH | $25,000 | CHARITABLE PURPOSE | 2020 |
| EDWINS FOUNDATION | CLEVELAND, OH | $25,000 | CHARITABLE PURPOSE | 2021 |
| FRIENDS OF BREAKTHROUGH SCHOOLS | CLEVELAND, OH | $25,000 | CHARITABLE PURPOSE | 2021 |
| FRIENDS OF BREAKTHROUGH SCHOOLS | CLEVELAND, OH | $15,000 | CHARITABLE PURPOSE | 2020 |
| REGISBETH DONOR ADVISED FUND AT VANGUARD | VALLEY FORGE, PA | $3,079 | CHARITABLE PURPOSE. | 2023 |