The Sandridge Foundation is a private foundation focused on Education, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it made $1K in qualifying distributions. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+2.0% YoY
Revenue
$36K
-67.8% YoY
Qualifying Distributions
$1K
-98.7% YoY
Expenses
$12K
-89.2% YoY
Under IRS private-foundation payout rules, The Sandridge Foundation reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.
About The Sandridge Foundation
Based on IRS filings
The Sandridge Foundation is a private foundation focused on Education, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it made $1K in qualifying distributions. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,229,812 | $1,205,778 | $1,204,996 |
| Revenue | $36,022 | $111,926 | $169,940 |
| Expenses | $11,988 | $111,144 | $74,327 |
| Qualifying Distributions | $1,252 | $95,091 | $65,099 |
| Net Investment Income | $25,286 | $198,052 | $63,917 |
| Distributable Amount | $68,891 | $60,714 | $72,850 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HUGH PETERSON JR | TRUSTEE; MEMBER, DIST COMM | 1 | — |
| MARY JANE FINCHER PETERSON | MEMBER, DISTRIBUTION COMM | 1 | — |
| HUGH PETERSON III | MEMBER, DISTRIBUTION COMM | 0.25 | — |
| WILLIAM FINCHER PETERSON | MEMBER, DISTRIBUTION COMM | 0.25 | — |
| RICHARD RUSSELL PETERSON | MEMBER, DISTRIBUTION COMM | 0.25 | — |
| PATIENCE EUNICE PETERSON | MEMBER, DISTRIBUTION COMM | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sandridge Foundation?
The Sandridge Foundation is a private foundation focused on Education, based in ATLANTA, GA. It holds $1.2M in total assets as of 2024.
How large is The Sandridge Foundation?
As of 2024, The Sandridge Foundation holds $1.2M in total assets with $36K in annual revenue.
Where does The Sandridge Foundation operate?
The Sandridge Foundation has awarded grants in Georgia, Louisiana.
How much is The Sandridge Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sandridge Foundation reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sandridge Foundation's EIN?
The Sandridge Foundation's EIN (Employer Identification Number) is 58-6369441. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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