Saunders House Foundation

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1. A DESCRIPTION OF THE NATURE AND PURPOSE OF THE PROJECT FOR WHICH AMOUNTS ARE BEING SET ASIDE.SAUNDERS HOUSE FOUNDATION PROVIDES INDIRECT FINANCIAL SUPPORT TO ELDERLY INDIVIDUALS IN THE COMMONWEALTH OF PENNSYLVANIA WHO LACK FINANCIAL RESOURCES OF THEIR OWN TO PROCURE NEEDED HEALTHCARE, SERVICES, AND OTHER RELIEF AND COMFORT. THE FOUNDATION IS IN THE PROCESS OF IDENTIFYING THE NEEDS OF THE ELDERLY IN THE COMMONWEALTH OF PENNSYLVANIA AND DETERMINE THE SOCIAL SERVICE ORGANIZATIONS BEST ABLE TO PROVIDE THE HIGHEST LEVEL OF CARE AT THE BEST VALUE. THE FOUNDATION BELIEVES THERE IS A NEED FOR THIS FUNDING AND WISHES TO EXTEND ITS RESOURCES FOR AS LONG AS POSSIBLE.2. A STATEMENT THAT THE AMOUNTS SET ASIDE WILL ACTUALLY BE PAID FOR THE SPECIFIC PROJECT WITHIN 60 MONTHS AFTER THE DATE OF THE FIRST SET-ASIDE.ALL AMOUNTS SET ASIDE WILL BE PAID FOR THE ABOVE PROJECT BY NOVEMBER 15, 2029.3. A STATEMENT THAT THE PROJECT WAS NOT COMPLETED BEFORE THE END OF THE TAX YEAR IN WHICH THE SET-ASIDE WAS MADE.THE PROJECT HAS NOT BEEN COMPLETED BY DECEMBER 31, 2024.4. A LIST OF THE DISTRIBUTABLE AMOUNTS FOR ANY PRIOR TAX YEARS OF THE FOUNDATION'S START-UP AND FULL PAYMENT PERIODS.SAUNDERS HOUSE FOUNDATION IS IN YEAR 3 SINCE ITS FORMATION ON NOVEMBER 16, 2021. IN ITS INITIAL YEAR ENDING JUNE 30, 2022, IT HAD NO ACTIVITY. IN YEAR 1 FOR THE YEAR ENDING JUNE 30, 2023, IT HAD A REQUIRED DISTRIBUTION OF $148,515. IN YEAR 2 FOR THE YEAR ENDING JUNE 30, 2024, IT HAD A REQUIRED DISTRIBUTION OF $1,364,384. IN YEAR 3, THE ORGANIZATION CHANGED ITS YEAREND TO DECEMBER 31, 2024 AS THIS BETTER ACCOMMODATES ITS GRANT-GIVING AND ACCOUNTING PROCEDURES. IN THE SHORT YEAR, THE REQUIRED DISTRIBUTION WAS $723,785. YEARS 4 AND 5, HAVE NOT YET OCCURRED. 5. A LIST OF ACTUAL DISTRIBUTIONS (FOR EXEMPT PURPOSES) MADE BY THE FOUNDATION DURING EACH YEAR OF ITS START-UP AND FULL PAYMENT PERIODS. THIS SHOULD INCLUDE A DETAILED DESCRIPTION OF ANY CORRECTING DISTRIBUTIONS TREATED AS BEING MADE IN A YEAR PRIOR TO THE YEAR THEY WERE ACTUALLY DISTRIBUTED.THE FOUNDATION MADE ACTUAL DISTRIBUTIONS OF THE FOLLOWING AMOUNTS:YEAR 1, JUNE 30, 2023, ACTUAL DISTRIBUTION OF $121,449YEAR 2, JUNE 30, 2024, ACTUAL DISTRIBUTION OF $194,292YEAR 3, DECEMBER 31, 2024 (SHORT YEAR), ACTUAL DISTRIBUTION OF $ 649,633ACTUAL DISTRIBUTIONS FOR YEAR 4 ARE IN THE PROCESS OF BEING DISTRIBUTED. DISTRIBUTIONS FOR YEAR 5 HAVE NOT BEEN MADE.

Financial Trends

Grant Size Distribution

Based on 7 grants on record

Geographic Distribution

Grants Awarded (7 total)