Sac Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 6 grants totaling $145K. Net investment income was $95K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-2.6% YoY
Annual Giving
$145K
+23.9% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$24K
+44.6% YoY
Under IRS private-foundation payout rules, Sac Foundation reported a distributable amount of $134K for 2024 — the minimum it must pay out in qualifying distributions.
About Sac Foundation
Based on IRS filings
Sac Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 6 grants totaling $145K. Net investment income was $95K.
Focus Areas
Ready to take the next step with Sac Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,785,921 | $1,834,453 | $1,870,860 |
| Revenue | $115,887 | $97,485 | $41,493 |
| Expenses | $164,419 | $133,892 | $118,299 |
| Qualifying Distributions | $145,000 | $117,000 | $92,000 |
| Net Investment Income | $94,843 | $81,317 | $26,137 |
| Distributable Amount | $133,939 | $114,564 | $116,815 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Touro Synagogue ($30,000), Chabad-lubavitch of Louisiana ($25,000), Jewish Children's Regional Services ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHABAD-LUBAVITCH OF LOUISIANA NEW ORLEANS, LA | FOR GENERAL PURPOSES OF GRANTEE | $25,000 |
| JEWISH CHILDREN'S REGIONAL SERVICES METAIRIE, LA | FOR GENERAL PURPOSES OF GRANTEE | $25,000 |
| JEWISH COMMUNITY DAY SCHOOL METAIRIE, LA | FOR GENERAL PURPOSES OF GRANTEE | $25,000 |
| SLATER TORAH ACADEMY METAIRIE, LA | FOR GENERAL PURPOSES OF GRANTEE | $15,000 |
| URJ HENRY S JACOBS CAMP UTICA, MS | FOR GENERAL PURPOSES OF GRANTEE | $25,000 |
| TOURO SYNAGOGUE NEW ORLEANS, LA | FOR GENERAL PURPOSES OF GRANTEE | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD M CAHN | PRESIDENT/SECRETARY | 1 | — |
| VIVIAN CAHN | VICE-PRESIDENT | — | — |
| DAVID J CAHN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sac Foundation?
Sac Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW ORLEANS, LA. It holds $1.8M in total assets as of 2024.
How large is Sac Foundation?
As of 2024, Sac Foundation holds $1.8M in total assets with $116K in annual revenue. It awarded 6 grants totaling $145K in 2024.
Where does Sac Foundation operate?
Sac Foundation has awarded grants in Louisiana, Mississippi, Texas.
What size grants does Sac Foundation award?
In 2024, Sac Foundation awarded 6 grants totaling $145K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Sac Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sac Foundation reported a distributable amount of $134K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sac Foundation's EIN?
Sac Foundation's EIN (Employer Identification Number) is 83-2535295. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sac Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Team Lamada
BATON ROUGE, LA
Assets
—
Grants
0
Total Given
—
The Feather Fund NOLA
MANDEVILLE, LA
Assets
$3K
Grants
0
Total Given
—
Orleans Parish Prison Reform Coalition
NEW ORLEANS, LA
Assets
$156K
Grants
1
Total Given
$20K
Ballengee Family Foundation Trust
SHREVEPORT, LA
Assets
—
Grants
4
Total Given
$7K
Foundation for Louisiana
NEW ORLEANS, LA
Assets
$16.8M
Grants
99
Total Given
$2.1M
The Fellowship of Orthopaedic
METAIRIE, LA
Assets
$903K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Sac Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Sac Foundation to a real strategy.