Sad Foundation Inc
Sad Foundation Inc is a private foundation based in Park City, Utah. In its 2025 filing, it reported 145 grants totaling $129,800 to charitable organizations.
Sad Foundation Inc at a glance
In short: Sad Foundation Inc gave $130K across 145 grants in 2025 (avg $895.172), top state Utah. 14% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $129,800
- -9.3% vs 2024
- Grants made (2025)
- 145
- -17.6% vs 2024
- Average grant
- $895
- +10.1% vs 2024
- Median grant
- $600
- Total assets
- $2,629,291
- +2.5% vs 2024
- New grantees (estimate)
- 14% first-time grantees (20 of 142, 2025)
- Primary geography
- Utah (34% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Sad Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 3658, Park City, UT 84060
Phone: (772) 234-0790
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Sad Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Park City Museum ($8K across 2 grants). Together the top 10 received $29K.
Grant Size Distribution
841 grants across all recorded years
The most common grant size was under $50K: 841 grants of 841 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Utah recipients received 34% of grant dollars, Florida recipients 17%, recipients in the District of Columbia 11%, New Jersey recipients 8%, and New York recipients 5%.
Grant Distribution by State
Share of 2025 grant dollars across all 145 itemized grants.
States
Cities
Is Sad Foundation Inc open to new grantees?
14%
first-time grantees, 2025
In 2025, 20 of 142 grantees (14%) were first-time recipients. First grants averaged $630; repeat grants $961. How we count
Medians: $500 first-time, $750 repeat.
- 82% of 2025 grantees were also funded in 2024. Method
- Giving grew 52% from 2022 to 2025. Method
- In 2025 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $86K (2022) to $163K (2023). In 2025 it made 145 grants totaling $130K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Park City Museum Park City, UT | Unrestricted | $7,000 |
| Arc of Indian River County Vero Beach, FL | Unrestricted | $3,000 |
| Colby Athletics Waterville, ME | Unrestricted | $3,000 |
| Americares Hagerstown, MD | Unrestricted | $2,500 |
| Egyptian Theater Park City, UT | Unrestricted | $2,500 |
| Bergan Family Center Englewood, NJ | Unrestricted | $2,000 |
| Community Chest of Englewood Englewood, NJ | Unrestricted | $2,000 |
| Doctors Without Boarders Hagerstown, MH | Unrestricted | $2,000 |
| Huntsman Cancer Foundation Salt Lake City, UT | Unrestricted | $2,000 |
| International Tennis Hall of Fame Newport, RI | Unrestricted | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,629,291 | $229,019 | $164,737 | $129,800 | 145 | $142,320 | $207,409 | $176,726 |
| 2024 | $2,565,009 | $212,772 | $186,869 | $143,040 | 176 | $152,255 | $189,894 | $168,466 |
| 2023 | $2,539,106 | $405,582 | $198,072 | $163,155 | 156 | $172,153 | $382,551 | $152,390 |
| 2022 | $2,331,596 | $209,305 | $129,741 | $85,560 | 151 | $98,120 | $180,452 | $161,127 |
| 2021 | $2,252,032 | $213,907 | $178,736 | $133,090 | 213 | — | $181,302 | $174,799 |
| 2020 | $2,216,861 | $155,336 | $192,669 | $155,874 | 245 | — | $129,203 | $142,428 |
Under IRS private-foundation payout rules, Sad Foundation Inc reported a distributable amount of $177K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied missions. For example, Park City Education Foundation says it supports educator-powered initiatives to help Park City students reach their academic and lifelong potential. Huntsman Cancer Foundation says its mission is to guarantee the future of cutting-edge research at Huntsman Cancer Institute, while Peace House says it works to end interpersonal violence and abuse through survivor support, safe housing, and prevention education. Other 2025 recipients included cultural, humanitarian, health-care, and community organizations.
Grantmaking
In 2025, the foundation made 145 grants totaling $129,800. Grant amounts ranged from $150 to $7,000, with a median of $600. Among the largest grants were $7,000 to Park City Museum; $3,000 each to Arc of Indian River County and Colby Athletics; and $2,500 each to Americares and Egyptian Theater. Other 2025 grants included $2,000 each to Huntsman Cancer Foundation and International Tennis Hall of Fame, and $1,500 to Park City Education Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
Sydney D Reed was listed as a trustee on the 2025 filing.
Sad Foundation Inc is led by Sydney D. Reed, Trustee on every filing since 2022 — the only officer listed, and compensated.
Officers on the 2025 filing
Sydney D. Reed
Trustee
On filings since 2022
5 hrs/week
$4K (2022) → $4K (2025)
Former officers (1)
- Former: Stewart Dunn (2020–2022) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $4K, to Sydney D Reed (Trustee).
Frequently asked questions about Sad Foundation Inc
How much does Sad Foundation Inc give each year?
Sad Foundation Inc gave $130K across 145 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $143K across 176 grants.
What is Sad Foundation Inc's typical grant size?
Sad Foundation Inc's median grant in 2025 was $600, and its average grant was $895, across 145 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Sad Foundation Inc that year got $630 on average.
Where does Sad Foundation Inc give grants?
Sad Foundation Inc's top state is Utah, with 34% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Florida (17%) and District of Columbia (11%). The most frequent recipient cities were Park City, UT (27 grants), Washington, DC (22 grants), Vero Beach, FL (16 grants) and Salt Lake City, UT (13 grants).
Does Sad Foundation Inc give general operating support?
Yes: 99% of Sad Foundation Inc's 2025 grants with a stated purpose (144 of 145) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Sad Foundation Inc's largest grantees?
Sad Foundation Inc's largest 2025 grantees include Park City Museum ($7,500 across 2 grants), Arc of Indian River County ($3,500 across 2 grants) and Colby Athletics ($3,000), according to its 2025 IRS Form 990-PF. Together they received 11% of its itemized 2025 grant dollars.
How large is Sad Foundation Inc?
Sad Foundation Inc reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $142K in qualifying distributions that year, against a required minimum of $177K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Sad Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied missions. For example, Park City Education Foundation says it supports educator-powered initiatives to help Park City students reach their academic and lifelong potential. See mission & focus areas ↑
How do I apply for a grant from Sad Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Sad Foundation Inc's EIN?
Sad Foundation Inc's EIN (Employer Identification Number) is 13-6111388. IRS Form 990 filing data is available on this page for 2020–2025.
Does Sad Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 25, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 4, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 30, 2026)
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). Sad Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/sad-foundation-inc-morg_d7da00ccf6eb4104a4db3742c257d636
BibTeX
@misc{grantable_136111388_2026,
author = {{Grantable}},
title = {{Sad Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/sad-foundation-inc-morg_d7da00ccf6eb4104a4db3742c257d636},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Sad Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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