Sumi Laetz Fund Incorporated is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $507K in total assets. In 2024, it awarded 17 grants totaling $20K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$507K
+0.4% YoY
Annual Giving
$20K
+25.0% YoY
Grant Count
17
+21.4% YoY
Avg Grant Size
$1K
+2.9% YoY
Under IRS private-foundation payout rules, Sumi Laetz Fund Incorporated reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About Sumi Laetz Fund Incorporated
Based on IRS filings
Sumi Laetz Fund Incorporated is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $507K in total assets. In 2024, it awarded 17 grants totaling $20K. Net investment income was $13K.
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 | $506,812 | $504,701 | $479,987 |
| Revenue | $23,003 | $23,788 | $20,388 |
| Expenses | $20,237 | $16,356 | $15,552 |
| Qualifying Distributions | $20,237 | $16,086 | $15,150 |
| Net Investment Income | $12,715 | $13,381 | $14,560 |
| Distributable Amount | $24,732 | $22,416 | $21,005 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rocio Franco ($1,800), Samual Burns ($1,450), Ana Vilafana ($1,450).
| Recipient | Purpose | Amount |
|---|---|---|
| ANDREU FLORIA Las Vegas, NV | EDUCATION AT UNLV | $1,250 |
| ARIANA JETER North Las Vegas, NV | EDUCATION AT UNLV | $1,000 |
| MARIVEL MONCAYO Las Vegas, NV | EDUCATION AT UNLV | $1,000 |
| SASHA ROBINSON Las Vegas, NV | EDUCATION AT UNLV | $750 |
| GINGER LANIER Las Vegas, NV | EDUCATION AT UNLV | $1,250 |
| JEAM BENSON Las Vegas, NV | EDUCATION AT UNIVERSITY OF ALABAMA | $900 |
| RYLEE PARK Las Vegas, NV | EDUCATION AT SJU | $1,250 |
| SAMUAL BURNS North Las Vegas, NV | EDUCATION AT UNIVERSITY OF ARIZONA | $1,450 |
| DIANA MANNIQUEZ Las Vegas, NV | EDUCATION AT UNLV | $900 |
| TERRY THOMOCK Las Vegas, NV | EDUCATION AT SJU | $1,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUFA ANDERSON | PRESIDENT | 1 | — |
| GERALD LAETZ | TREASURER | 3 | — |
| CHRIS FRENCH | VICE PRESIDENT | 1 | — |
| JEAN FRENCH | DIRECTOR | 1 | — |
| NATASHA FRENCH | DIRECTOR | 1 | — |
| NANCY FRENCH-LAETZ | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sumi Laetz Fund Incorporated?
Sumi Laetz Fund Incorporated is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. It holds $507K in total assets as of 2024.
How large is Sumi Laetz Fund Incorporated?
As of 2024, Sumi Laetz Fund Incorporated holds $507K in total assets with $23K in annual revenue. It awarded 17 grants totaling $20K in 2024.
Where does Sumi Laetz Fund Incorporated operate?
Sumi Laetz Fund Incorporated has awarded grants in Nevada.
What size grants does Sumi Laetz Fund Incorporated award?
In 2024, Sumi Laetz Fund Incorporated awarded 17 grants totaling $20K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Sumi Laetz Fund Incorporated required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sumi Laetz Fund Incorporated reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sumi Laetz Fund Incorporated's EIN?
Sumi Laetz Fund Incorporated's EIN (Employer Identification Number) is 88-0347440. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sumi Laetz Fund Incorporated'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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