Southern Arizona Foundation Inc

TUCSON, AZ EIN: 51-0157715

Southern Arizona Foundation Inc is a private foundation, based in TUCSON, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $37K. Net investment income was $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-3.3% YoY

Annual Giving

$37K

-3.3% YoY

Grant Count

+20.0% YoY

Avg Grant Size

$6K

-19.4% YoY

Under IRS private-foundation payout rules, Southern Arizona Foundation Inc reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About Southern Arizona Foundation Inc

Based on IRS filings

Ready to take the next step with Southern Arizona Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arizona $106K (79%)

Montana $28K (21%)

States

Arizona Montana

Cities

MissoulaTucson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,032,098	$1,067,695	$1,055,657
Revenue	$44,533	$52,788	$-27,440
Expenses	$95,266	$85,206	$53,468
Qualifying Distributions	$57,473	$57,600	$33,082
Net Investment Income	$2,627	$19,628	$8,890
Distributable Amount	$52,666	$51,370	$55,854

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

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Arizona Foundation ($15,000), Erik Hite Foundation ($8,000), Friends of Irish Studies ($8,000).

Recipient	Purpose	Amount
ERIK HITE FOUNDATION TUCSON, AZ	GENERAL FUNDING	$8,000
FRIENDS OF IRISH STUDIES MISSOULA, MT	GENERAL FUNDING	$8,000
SOUTHERN AZ IRISH DANCE BOOSTER CLUB TUCSON, AZ	GENERAL FUNDING	$2,000
TUCSON BOTANICAL GARDENS TUCSON, AZ	GENERAL FUNDING	$1,542
UNIVERSITY OF ARIZONA FOUNDATION TUCSON, AZ	EDUCATIONAL	$15,000
SOTHERN ARIZONA BOOK HEROES TUCSON, AZ	GENERA	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARK EVANOFF	PRESIDENT AND DIRECTOR	1	—
ELLEN EVANOFF	SECRETARY	1	—
RAMONA EVANOFF	TREASURER	1	—
MICHAEL EVANOFF	VICE PRESIDENT	1	—

Frequently Asked Questions

How large is Southern Arizona Foundation Inc?

As of 2024, Southern Arizona Foundation Inc holds $1.0M in total assets with $45K in annual revenue. It awarded 6 grants totaling $37K in 2024.

Where does Southern Arizona Foundation Inc operate?

Southern Arizona Foundation Inc has awarded grants in Arizona, Montana.

What size grants does Southern Arizona Foundation Inc award?

In 2024, Southern Arizona Foundation Inc awarded 6 grants totaling $37K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Southern Arizona Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Southern Arizona Foundation Inc reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Southern Arizona Foundation Inc's EIN?

Southern Arizona Foundation Inc's EIN (Employer Identification Number) is 51-0157715. IRS Form 990 filing data is available on this page for 2020–2024.