Saponas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $78K. Net investment income was $62K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-1.2% YoY
Annual Giving
$78K
+3.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$78K
+3.0% YoY
Under IRS private-foundation payout rules, Saponas Foundation reported a distributable amount of $88K for 2024 — the minimum it must pay out in qualifying distributions.
About Saponas Foundation
Based on IRS filings
Saponas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $78K. Net investment income was $62K.
Focus Areas
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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 | $1,375,936 | $1,392,717 | $1,407,594 |
| Revenue | $62,915 | $62,992 | $59,344 |
| Expenses | $80,247 | $77,868 | $80,042 |
| Qualifying Distributions | $78,200 | $75,900 | $79,550 |
| Net Investment Income | $62,448 | $62,482 | $59,178 |
| Distributable Amount | $88,309 | $76,501 | $77,672 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include see attachment ($78,200).
| Recipient | Purpose | Amount |
|---|---|---|
| see attachment Colorado Springs, CO | see attachment | $78,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS A SAPONAS | President | — | — |
| CHARLOTTE D SAPONAS | Secretary | — | — |
| ROBERT T SAPONAS | Director | — | — |
| JENNIFER L SAPONAS | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Saponas Foundation?
Saponas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLORADO SPRINGS, CO. It holds $1.4M in total assets as of 2024.
How large is Saponas Foundation?
As of 2024, Saponas Foundation holds $1.4M in total assets with $63K in annual revenue. It awarded 1 grants totaling $78K in 2024.
Where does Saponas Foundation operate?
Saponas Foundation has awarded grants in Colorado, Pennsylvania.
What size grants does Saponas Foundation award?
In 2024, Saponas Foundation awarded 1 grants totaling $78K — an average of about $78K per grant, based on its IRS Form 990 filings.
How much is Saponas Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Saponas Foundation reported a distributable amount of $88K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Saponas Foundation's EIN?
Saponas Foundation's EIN (Employer Identification Number) is 20-4534830. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Saponas 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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