Steven B Sands Foundation

Private foundation · Grantmaker Locust Valley, NY EIN: 81-4587689

Steven B Sands Foundation is a private foundation focused on Human Services, based in Locust Valley, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $605K in total assets. In 2024, it awarded 2 grants totaling $53K. Net investment income was $61K.

Steven B Sands Foundation at a glance

In short: Steven B Sands Foundation gave $53K across 2 grants in 2024 (avg $26K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$52,500
-16.0% vs 2023
Grants made (2024)
2
-33.3% vs 2023
Average grant
$26,250
+26.0% vs 2023
Median grant
$26,250
Total assets
$605,022
+165.2% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Steven B Sands Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Northwell Hospital Cancer Institute: $50KNorthwell Hospital CancerInstitute$50KShulamith School: $3KShulamith School$3K

The largest 2024 recipient was Northwell Hospital Cancer Institute ($50K). Together the top 2 received $53K.

Grant Size Distribution

13 grants across all recorded years

8<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 13 (62%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

WestburyBrooklynEastportLewisbergNew York

How Steven B Sands Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+5%). Method
  • In 2024 it paid out 340% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K3 grants2020 1 grant2021 4 grants2022 3 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $27K (2020) to $104K (2022). In 2024 it made 2 grants totaling $53K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Northwell Hospital Cancer Institute Westbury, NYTo Further Education and Research$50,000
Shulamith School Brooklyn, NYTo Further Education for Young Womenn$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$605,022$429,511$52,615$52,5002$52,500$60,711$15,452
2023$228,126$2,509$63,129$62,5003$62,500$2,446$13,428
2022$288,746$-73,282$103,672$103,5004$103,500$947$14,133
2021$465,700$464,325$50,075$50,0001$50,000—$2,042
2020$51,450$75$26,575$26,5003——$3,186

Under IRS private-foundation payout rules, Steven B Sands Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Steven B Sands Foundation is led by Steven B. Sands, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Steven B. Sands

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Katherine Sands

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • William Sands

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Steven B Sands Foundation

How much does Steven B Sands Foundation give each year?

Steven B Sands Foundation gave $53K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $63K across 3 grants.

How large is Steven B Sands Foundation?

Steven B Sands Foundation reported $605K in total assets on its 2024 IRS Form 990-PF. It paid out $53K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).

What is Steven B Sands Foundation?

Steven B Sands Foundation is a private foundation focused on Human Services, based in Locust Valley, NY. It holds $605K in total assets as of 2024.

Where does Steven B Sands Foundation operate?

Steven B Sands Foundation has awarded grants in New York, Pennsylvania.

What is Steven B Sands Foundation's EIN?

Steven B Sands Foundation's EIN (Employer Identification Number) is 81-4587689. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Figures come from Steven B Sands Foundation'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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