2023-06-26T13:47:53-05:00 2022-12-31 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990PF 2022-01-01 840500835 Sachs Foundation % SACHS FOUNDATION SACH 7196332353 PO Box 1452 Colorado Springs CO 80901 Ben Ralston PRESIDENT 7196332353 2023-06-20 true Ben Ralston 999009999 DOREEN B MERZ P00841439 7196301186 2 2022 2023-04-26 12:10:37Z X 51199300 X 1788554 511425 511425 511425 780113 3607661 780113 67427 3147519 1291538 511425 223000 19763 19763 207390 392564 34790 34790 365084 112128 4834 4834 89911 20108 2011 2011 16086 24350 1218 1218 22646 131493 85903 85903 45423 1984 6062 303 303 70198 3509 3509 65284 10654 533 533 9908 185820 2367 2367 182967 1178361 155231 155231 1004699 2187181 2074668 3365542 155231 155231 3079367 -218023 1136307 356194 208284 902790 902790 2195533 979433 979433 5757 12615 12615 1323543 674148 674148 24780225 20444348 20444348 4308685 4417232 4417232 29637249 23723652 23723652 31845 6063 13467 25782 25782 50727 19300 19300 62523470 51199300 51199300 0 7596 3005084 3117597 239765 152451 3244849 3277644 X 32062502 26362729 27216119 21558927 59278621 47921656 62523470 51199300 59278621 -218023 59060598 11138942 47921656 CASCADE LT G 1489589 740939 748650 748650 SCHWAB LT G 2118072 2086609 31463 31463 780113 15795 15795 15795 14682 0 5200 19882 4087 4087 false false false false false false false true true CO true true false false false true SACHSFOUNDATION.ORG SACHS FOUNDATION 7196332353 315 E PIKES PEAK AVE Colorado Springs CO 80903 false false false false true false false false false false false false false false false true false false true false false false false Craig S Ralston PO Box 1452 Ste 1410 Colorado Springs CO 80901 Secretary/Treasurer 0.25 4000 0 0 Wilton W Cogswell III PO Box 1452 Ste 1410 Colorado Springs CO 80901 1st Vice President 0.25 4000 0 0 Dana Capozzella PO Box 1452 Ste 1410 Colorado Springs CO 80901 Vice-President 0.25 4000 0 0 Ben Ralston PO Box 1452 Colorado Springs CO 80901 President 40.0 207000 14400 0 Antonio Rosendo PO Box 1452 Colorado Springs CO 80901 Vice President 0.25 4000 0 0 EDUCATIONAL GRANTS FOR MEMBERS OF THE BLACK/AFRICAN AMERICAN RACE AND RESIDENTS OF COLORADO. 1701391 THE ELEVATED PROGRAM SEEKS TO EMPOWER BLACK YOUTH AND THEIR FAMILIES BY PROVIDING MENTORSHIP, EQUITABLE OPPORTUNITIES AND COLLEGIATE ACCESS TO SUCCEED IN HIGHER EDUCATION. 881481 THE SACHS TEACHER DEVELOPMENT PROGRAM LOOKS TO INCREASE THE NUMBER OF AFRICAN-AMERICAN TEACHERS SERVING IN COLORADO, SPECIFICALLY IN SCHOOLS WITH LARGE BLACK STUDENT POPULATIONS 496495 SAT AND ACT TEST TAKING, ATTEND WORKSHOPS ON APPLYING FOR FINANCIAL ASSISTANCE, AND PARTICIPATE IN COLLEGE VISITS. THE PROGRAM ALSO DISTRIBUTES SCHOLARSHIP FUNDS THROUGH CO 529. 30756734 1653304 63824 32473862 0 32473862 487108 31986754 1599338 X 3079367 0 0 0 0 3079367 X 356194 347059 383041 421045 1507339 302765 295000 325585 357888 1281238 3079367 2510720 2483056 2139892 10213035 1701391 1442942 1537743 1327092 6009168 1377976 1067778 945313 812800 4203867 51199300 62523470 56141776 51710979 221575525 0 1066256 1091141 971032 759002 3887431 0 0 0 0 NONE NONE Sachs Foundation 315 E Pikes Peak Ave COLORADO SPRINGS CO 80903 7196332353 EDUCATION GRANTS - ONLINE APPLICATION, INCLUDING EDUCATIONAL TRANSCRIPTS, THREE RECOMMENDATIONS AND VERIFICATION OF FINANCIAL STATUS. COMMUNITY ASSISTANCE GRANTS - APPLICATIONS ARE ORIGINALLY SUBMITTED BY PHONE REQUEST 719-633-4895. APPLICANTS PROVIDE INFORMATION AS TO THEIR SITUATION AND A WAY FOR A COMMUNITY ASSISTANCE ASSOCIATE TO CONTACT THE APPLICANT FOR A PHONE INTERVIEW. BASED ON THE PHONE INTERVIEW, ASSISTANCE CAN BE GRANTED, DECLINED, OR ASSIGNED TO AN ASSOCIATE FOR A FUTURE SITE VISIT TO DETERMINE NEED. EDUCATIONAL GRANTS - MARCH 15 APPLICANTS MUST BE OF THE BLACK/AFRICAN AMERICAN RACE AND RESIDENTS OF COLORADO. AMOUNT OF AWARD ESTABLISHED BY THE BOARD OF DIRECTORS. Community Assistance Grantees Detail available upon request Colorado Springs CO 80903 NONE I Community Assistance 0 Educational Grantees Detail Available Upon Request Colorado Springs CO 80903 NONE I EDUCATIONAL 1430383 College Prep Academy Grants Details Available Upon Request Colorado Springs CO 80903 NONE I College Prep Academy - Educational 0 Elevated Grants Details Available Upon Request Colorado Springs CO 80903 none I Elevated - Education 644285 2074668 Approved Educational Grants 90 S Cascade Ave Colorado Springs CO 80903 NONE I Educational 112513 112513 14 511425 18 780113 MISCELLANEOUS INCOME 12 DEFERRED INCOME TAX ADJUSTMENT 67415 1291538 67427 1358965 11A The Sachs Foundation received Miscellaneous Income related to the organization's purpose/function which constitutes the basis for the organization's exemption in the amount of $67,427. false false false false false false false false false false X X 1 HENRY SACHS TRUST CO MEMBERS TRUST 7250 CAMPUS DRIVE COLORADO SPRINGS CO 80920 1611685 X 2 City of Denver 201 W Colfax Ave Denver CO 80202 154500 X 3 Elizabeth Justin Hayes PO Box 1452 Colorado Springs CO 80901 5720 X 4 Hess Corporation 1185 Avenue of the Americas 40th Fl New York NE 10036 5000 X 5 Boettcher Foundation 600 17th Street STE 2210 South Denver CO 80202 5000 X 6 Pikes Peak Community Foundation 315 E Pikes Peak Ave 120 Colorado Springs CO 80903 6649 X CASCADE INVESTMENT GROUP INC 0 0 CHARLES SCHWAB 4417232 4417232 CASCADE INVESTMENT GROUP INC 0 0 CHARLES SCHWAB 20444348 20444348 674148 674148 CASCADE INV-INT'L EQUITIES FMV 0 0 CHARLES SCHWAB-INT'L EQUITIES FMV 2164725 2164725 BENEFICIAL INTEREST IN TRUST FMV 21558927 21558927 ACCRUED INTEREST 31427 0 0 ART 19300 19300 19300 ADJUSTMENT FOR UNREALIZED GAIN 5481750 CHANGE IN BENEFICIAL INTEREST IN TRUST 5657192 PARKING 2932 147 147 2727 BANK CHARGES 2 0 0 2 COMPUTER ACCT. SUPPORT 2457 123 123 2285 ONLINE APPLICATION PROGRAM 5400 270 270 5022 DUES & SUBSCRIPTIONS 5680 284 284 5282 LICENSES & FEES 20 1 1 19 MEALS & ENTERTAINMENT 6952 348 348 6465 PAYROLL PROCESSING 2597 130 130 2415 MENTOR EXPENSE 4714 0 0 4714 STUDENT PROGRAMS 127862 0 0 127862 TEACHER DEVELOPMENT 5929 0 0 5929 OFFICE SUPPLIES 9261 463 463 8613 INSURANCE 12014 601 601 11632 Miscellaneous Income 12 Deferred Excise Tax per book 67415 DEFER. FEDERAL EXCISE TAX PAY. 239130 152451 FEDERAL EXCISE TAX PAYABLE 635 0 MARKETING/OUTREACH 44305 2215 2215 41923 INVESTMENT MANAGER 83688 83688 83688 0 PROFESSIONAL HONORARIA 3500 0 0 3500 FOREIGN TAX 1984