The Sulica Fund Inc
The Sulica Fund Inc is a private foundation based in Santa Fe, New Mexico. Its 2025 filing is marked as the organization’s final return, and the filing says its remaining assets were contributed to a Fidelity donor-advised fund in January 2025. The foundation appears to have wound down and stopped grantmaking.
The Sulica Fund Inc at a glance
In short: The Sulica Fund Inc gave $859K across 10 grants in 2025 (avg $86K), mostly in Ohio. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $858,920
- +1874.5% vs 2024
- Grants made (2025)
- 10
- +11.1% vs 2024
- Average grant
- $85,892
- +1677.1% vs 2024
- Median grant
- $4,500
- New grantees (estimate)
- 40% first-time grantees (4 of 10, 2025; small sample)
- Primary geography
- Ohio (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Sulica Fund Inc
- How to Apply
-
The final filing listed a letter to the foundation as the application material, with no deadline or award restrictions.
- Contact
Application contact: Lisa Freeman
Mailing address: 847 Old Santa Fe Trail, Santa Fe, NM 87505
Phone: (505) 820-3325
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Sulica Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fidelity Investments Charitable Gift Fund ($825K). Together the top 10 received $859K.
Grant Size Distribution
120 grants across all recorded years
The most common grant size was under $50K: 119 grants of 120 (99%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that grant dollars went primarily to Ohio (96%), followed by New Mexico (3%) and New York (1%). It also lists recipients in Washington, DC, and Vermont, each representing 0% of grant dollars as reported.
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
States
Cities
Is The Sulica Fund Inc open to new grantees?
40%
first-time grantees, 2025
In 2025, 4 of 10 grantees (40%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $208K; repeat grants $5K. How we count
Medians: $2K first-time, $5K repeat.
- 40% of 2025 grantees were also funded in 2024. Method
- Giving grew 520% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $44K (2024) to $859K (2025). In 2025 it made 10 grants totaling $859K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Cincinnati, OH | General Donation | $824,920 |
| Amigos Bravos Taos, NM | General Donation | $5,000 |
| Big Life Fdn New York, NY | General Donation | $5,000 |
| Food Depotthe Santa Fe, NM | General Donation | $5,000 |
| La Familia Health Santa Fe, NM | General Donation | $5,000 |
| Santa Fe Jewish Center Chabad Santa Fe, NM | General Donation | $4,000 |
| Tomorrow's Women Santa Fe, NM | General Donation | $4,000 |
| Espanola Humane Espanola, NM | General Donation | $2,000 |
| Intl Campaign for Tibet Washington, DC | General Donation | $2,000 |
| Kenya Drylands Ed Fund Manchester, VT | General Donation | $2,000 |
Ready to take the next step with The Sulica Fund Inc?
Financial History
Multi-year comparison from IRS filings
Amounts reported in the foundation’s filings:
The 2025 filing reports 10 grants; the 2024 filing reports 9, and the 2023 filing reports 33.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $1,867 | $867,014 | $858,920 | 10 | $858,920 | — | $246 |
| 2024 | $727,118 | $43,294 | $75,541 | $43,500 | 9 | $43,500 | $30,048 | $41,631 |
| 2023 | $759,365 | $31,493 | $147,556 | $123,000 | 33 | $123,000 | $15,866 | $44,189 |
| 2022 | $875,428 | $49,489 | $155,408 | $138,500 | 34 | $138,500 | $34,584 | $46,932 |
| 2021 | $985,047 | $154,448 | $138,469 | $120,000 | 34 | $120,000 | $137,791 | $59,488 |
| 2020 | $969,018 | $110,315 | $122,710 | $97,500 | 33 | — | $92,931 | $57,171 |
Under IRS private-foundation payout rules, The Sulica Fund Inc reported a distributable amount of $246 for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included organizations working in areas such as river protection, health, food assistance, and women’s leadership. For example, Amigos Bravos describes its work as river protection and restoration advocacy in the Rio Grande watershed, guided by social justice principles. Tomorrow’s Women says it trains young women from Palestine, Israel, and the United States to be leaders who partner to resolve conflicts and promote equality, peace, and justice.
Grantmaking
In filing year 2025, the foundation reported 10 grants totaling $858,920. Grant amounts ranged from $2,000 to $824,920, with a median of $4,500. The largest grant was $824,920 to Fidelity Investments Charitable Gift Fund, listed as a general donation. Other reported grants included $5,000 each to Amigos Bravos, Big Life Fdn, The Food Depot, and La Familia Health; and $4,000 each to Santa Fe Jewish Center Chabad and Tomorrow’s Women.
The filing says the foundation did not restrict giving to preselected organizations. It listed a letter to the foundation as the application material, no deadline, and no award restrictions. These instructions are from the foundation’s final filing and should not be read as current application guidance.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Susan Freeman McGee as president and director, and Lisa Freeman as vice president, secretary, treasurer, and director.
The Sulica Fund Inc is led by Susan Freeman McGee, President & Director on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Susan Freeman McGee
President & Director
On filings since 2020
5 hrs/week
$5K (2020) → $0 (2025)
Lisa Freeman
Vice President, Secretary, Treasurer & Director
On filings since 2020
5 hrs/week
$5K (2020) → $0 (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $10K, to Susan Freeman McGee (President, Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Sulica Fund Inc
How much does The Sulica Fund Inc give each year?
The Sulica Fund Inc gave $859K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 9 grants.
What is The Sulica Fund Inc's typical grant size?
The Sulica Fund Inc's median grant in 2025 was $4,500, and its average grant was $85,892, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Sulica Fund Inc that year got $208K on average.
Where does The Sulica Fund Inc give grants?
The Sulica Fund Inc gives mostly in Ohio: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Santa Fe, NM (4 grants).
Does The Sulica Fund Inc give general operating support?
Yes: 100% of The Sulica Fund Inc's 2025 grants with a stated purpose (10 of 10) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Sulica Fund Inc's largest grantees?
The Sulica Fund Inc's largest 2025 grantees include Fidelity Investments Charitable Gift Fund ($824,920), Amigos Bravos ($5,000) and Big Life Fdn ($5,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.
What does The Sulica Fund Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included organizations working in areas such as river protection, health, food assistance, and women’s leadership. See mission & focus areas ↑
How do I apply for a grant from The Sulica Fund Inc?
The final filing listed a letter to the foundation as the application material, with no deadline or award restrictions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is The Sulica Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Sulica Fund Inc reported a distributable amount of $246 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sulica Fund Inc's EIN?
The Sulica Fund Inc's EIN (Employer Identification Number) is 52-2199624. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 25, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Sulica Fund Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Sulica Fund Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Sulica Fund Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-sulica-fund-inc-morg_7e6656e8d6664dc2b99c2bbe6d8fd387
BibTeX
@misc{grantable_522199624_2026,
author = {{Grantable}},
title = {{The Sulica Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-sulica-fund-inc-morg_7e6656e8d6664dc2b99c2bbe6d8fd387},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Sulica Fund Inc'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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