South Channel Foundation

ANTHEM, AZ EIN: 88-0789946

South Channel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANTHEM, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 2 grants totaling $8K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$151K

+48.8% YoY

Annual Giving

$8K

+166.7% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$4K

+33.3% YoY

About South Channel Foundation

Based on IRS filings

South Channel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANTHEM, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $151K in total assets. In 2024, it awarded 2 grants totaling $8K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Harsens IslandSan Souci

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$32K$48K$64K202220232024
Metric202420232022
Total Assets$151,002$101,512$46,366
Revenue$58,068$50,123$51,677
Expenses$8,234$3,285$2,850
Qualifying Distributions$8,234$3,285$2,850
Net Investment Income$5,245$2,588$1,177
Distributable Amount$7,659$4,657$1,785

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

SS Downtown Inc$4KHarsens Island St Clair …$4K

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Douglas McDermottChief Executive Officer1
Theodore SarnsDirector
Deborah McDermottDirector
Dean SarnsDirector
Conrad McDermottDirector
Ethan McDermottDirector

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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