Sadove Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PURCHASE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 9 grants totaling $355K. Net investment income was $282K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.6M
-1.1% YoY
Annual Giving
$355K
+82.1% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$39K
+21.4% YoY
Under IRS private-foundation payout rules, Sadove Family Foundation reported a distributable amount of $294K for 2024 — the minimum it must pay out in qualifying distributions.
About Sadove Family Foundation
Based on IRS filings
Sadove Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PURCHASE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 9 grants totaling $355K. Net investment income was $282K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,594,028 | $5,657,034 | $5,133,971 |
| Revenue | $325,539 | $-103,917 | $-360,734 |
| Expenses | $413,478 | $253,033 | $366,061 |
| Qualifying Distributions | $355,006 | $195,014 | $325,000 |
| Net Investment Income | $282,067 | $106,821 | $26,115 |
| Distributable Amount | $294,389 | $294,847 | $261,879 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 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 Trustees of Hamilton College ($210,000), Play Adk ($30,000), Mount Sinai Medical Center ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADIRONDACK FOUNDATION LAKE PLACID, NY | UNRESTRICTED CONTRIBUTION | $15,000 |
| MOUNT SINAI MEDICAL CENTER NEW YORK, NY | UNRESTRICTED CONTRIBUTION | $25,000 |
| PLAY ADK SARANAC LAKE, NY | UNRESTRICTED CONTRIBUTION | $30,000 |
| TRUSTEES OF HAMILTON COLLEGE CLINTON, NY | UNRESTRICTED CONTRIBUTION | $210,000 |
| AMERICARES STAMFORD, CT | UNRESTRICTED CONTRIBUTION | $25,000 |
| GATEWAY PGA REACH FOUNDATION MARYLAND HEIGHTS, MO | UNRESTRICTED CONTRIBUTION | $10,000 |
| JEWISH COMMUNITY CENTER ON THE HUDSON INC TARRYTOWN, NY | UNRESTRICTED CONTRIBUTION | $15,000 |
| CHARITY WATER HAGERSTOWN, MD | UNRESTRICTED CONTRIBUTION | $25,000 |
| NB CROSSROADS PRIVATE MARKETS FUND V (TI) LP (EIN 82-4118539) NEW YORK, NY | UNRESTRICTED CONTRIBUTION | $6 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN SADOVE | CO-TRUSTEE | 3 | — |
| KARIN SADOVE | CO-TRUSTEE | 3 | — |
| LAURIE SADOVE | CO-TRUSTEE | 3 | $5,000 |
| DAVID J SADOVE | CO-TRUSTEE | 3 | $5,000 |
| STACY M SADOVE | CO-TRUSTEE | 3 | $5,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sadove Family Foundation?
Sadove Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PURCHASE, NY. It holds $5.6M in total assets as of 2024.
How large is Sadove Family Foundation?
As of 2024, Sadove Family Foundation holds $5.6M in total assets with $326K in annual revenue. It awarded 9 grants totaling $355K in 2024.
Where does Sadove Family Foundation operate?
Sadove Family Foundation has awarded grants in Connecticut, Maryland, Missouri, New York, Pennsylvania.
What size grants does Sadove Family Foundation award?
In 2024, Sadove Family Foundation awarded 9 grants totaling $355K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is Sadove Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sadove Family Foundation reported a distributable amount of $294K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sadove Family Foundation's EIN?
Sadove Family Foundation's EIN (Employer Identification Number) is 26-1264362. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sadove Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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