The Sulica Fund Inc

SANTA FE, NM EIN: 52-2199624

The Sulica Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $727K in total assets. In 2024, it awarded 9 grants totaling $44K. Net investment income was $30K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$727K

-4.2% YoY

Annual Giving

$44K

-64.6% YoY

Grant Count

9

-72.7% YoY

Avg Grant Size

$5K

+29.7% YoY

Under IRS private-foundation payout rules, The Sulica Fund Inc reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About The Sulica Fund Inc

Based on IRS filings

The Sulica Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $727K in total assets. In 2024, it awarded 9 grants totaling $44K. Net investment income was $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

CincinnatiDenverGlendaleGreat NeckMontgomeryNew YorkRidgefieldRockvilleSan FranciscoSanta FeSilver SpringTaosVelardeVineyardWashingtonWest Tisbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$43K$85K$128K$171K20202021202220232024
Metric202420232022
Total Assets$727,118$759,365$875,428
Revenue$43,294$31,493$49,489
Expenses$75,541$147,556$155,408
Qualifying Distributions$43,500$123,000$138,500
Net Investment Income$30,048$15,866$34,584
Distributable Amount$41,631$44,189$46,932

Giving Over Time

Total grant dollars and number of grants per year

$0$35K$69K$104K$139K33 grants202034 grants202134 grants202233 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

FOOD DEPOTTHE$15KTOMORROW'S WOMEN$7KAXLE PROJECTS$6KLA FAMILIA HEALTH$5KSANTA FE JEWISH CENTER C…$5KAMERICAN SOC FOR PROTECT…$2KRACHEL LYON FILMMAKERS C…$2KNATIONAL DANCE INSTITUTE$1KREADING QUEST CENTER$1K

Grant Size Distribution

143 grants across all recorded years

143<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Food Depotthe ($15,000), Tomorrow's Women ($7,000), Axle Projects ($6,000).

RecipientPurposeAmount
AMERICAN SOC FOR PROTECT OF NATURE IN ISRAEL GREAT NECK, NYGENERAL DONATIONGENERAL DONATIONGENERAL DONATION$2,000
AXLE PROJECTS SANTA FE, NMGENERAL DONATION$6,000
FOOD DEPOTTHE SANTA FE, NMGENERAL DONATION$15,000
LA FAMILIA HEALTH SANTA FE, NMGENERAL DONATION$5,000
NATIONAL DANCE INSTITUTE NEW YORK, NYGENERAL DONATION$1,000
RACHEL LYON FILMMAKERS COLLABORATIVE CINCINNATI, OHGENERAL DONATION$1,500
READING QUEST CENTER SANTA FE, NMGENERAL DONATION$1,000
SANTA FE JEWISH CENTER CHABAD SANTA FE, NMGENERAL DONATION$5,000
TOMORROW'S WOMEN SANTA FE, NMGENERAL DONATION$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SUSAN FREEMAN MCGEEPRESIDENT, DIRECTOR$10KLISA FREEMANVICE-PRES,SECR, TREASURER,, …$10K

From 2024 filing

NameTitleHoursCompensation
SUSAN FREEMAN MCGEEPRESIDENT, DIRECTOR5$10,000
LISA FREEMANVICE-PRES,SECR, TREASURER,, DIRECTOR5$10,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Sulica Fund Inc?

The Sulica Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. It holds $727K in total assets as of 2024.

How large is The Sulica Fund Inc?

As of 2024, The Sulica Fund Inc holds $727K in total assets with $43K in annual revenue. It awarded 9 grants totaling $44K in 2024.

Where does The Sulica Fund Inc operate?

The Sulica Fund Inc has awarded grants in Alabama, California, Colorado, District of Columbia, Massachusetts, Maryland, New Mexico, New York, Ohio, Washington.

What size grants does The Sulica Fund Inc award?

In 2024, The Sulica Fund Inc awarded 9 grants totaling $44K — an average of about $5K per grant, based on its IRS Form 990 filings.

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 2024, The Sulica Fund Inc reported a distributable amount of $42K 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 2020–2024.

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

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