Nonprofit · EIN 45-2286657
SASCO FOUNDATION CORPORATION
Tax-exempt · MEMPHIS, TN 38119
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $5,640 | $41,980 | -$36,340 | $1,345,428 | $1,815 | $1,343,613 |
| June 30, 2024 | 990-PF | $79,106 | $129,211 | -$50,105 | $1,402,751 | $1,815 | $1,400,936 |
| June 30, 2023 | 990-PF | -$926,422 | $40,483 | -$966,905 | $1,505,707 | $1,815 | $1,503,892 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $602
- Interest
- $1,895
- Net gain from sales of assets
- $2,490
- Other income
- $653
Expenses
- Grants and similar amounts paid
- $33,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $36,805
- Excise tax on investment income
- $6
Balance sheet and other
- Total assets, start of year
- $1,402,751
- Total assets, end of year
- $1,345,428
- Total liabilities, end of year
- $1,815
- Net assets, end of year
- $1,343,613
- Fair market value of assets
- $2,190,448
- Qualifying distributions
- $36,805
- Net investment income
- $5,640
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY H SMEAD 6000 POPLAR AVENUE SUITE 250, MEMPHIS, TN 38119 | CHAIRMAN | 10 | $0 |
990-PF for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY H SMEAD 6000 POPLAR AVENUE SUITE 250, MEMPHIS, TN 38119 | CHAIRMAN | 10 | $0 |
990-PF for the year ended June 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY H SMEAD 6000 POPLAR AVENUE SUITE 250, MEMPHIS, TN 38119 | CHAIRMAN | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 6000 POPLAR AVE STE 250, MEMPHIS, TN 38119-3974
- In care of
- % RUSSELL J HENSLEY
- Signed the 990-PF
- LARRY SMEAD, CHAIRMAN
- Phone
- (714) 870-0217
- Return prepared by
- MACIAS GINI & O'CONNELL LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-2286657
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,345,428
- Income (IRS master file)
- $5,640
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $5,640 | $41,980 | $1,345,428 | IRS |
| 990-PF | June 2024 | $79,106 | $129,211 | $1,402,751 | XML |
| 990-PF | June 2023 | -$926,422 | $40,483 | $1,505,707 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | IRS |
| 990-PF | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2286657).
Questions about SASCO FOUNDATION CORPORATION
- What is the EIN of SASCO FOUNDATION CORPORATION?
- The employer identification number (EIN) of SASCO FOUNDATION CORPORATION is 45-2286657.
- Is SASCO FOUNDATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to SASCO FOUNDATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SASCO FOUNDATION CORPORATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SASCO FOUNDATION CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SASCO FOUNDATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of SASCO FOUNDATION CORPORATION?
- The 990-PF for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does SASCO FOUNDATION CORPORATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $5,640, expenses of $41,980 and total assets of $1,345,428 at year end.
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- CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS AND THE MID-SOUTH INC EIN 62-1752885 · last filed 990 for 2025
- FORMANEK FOUNDATION EIN 26-1565007 · last filed 990-PF for 2024
- MCENIRY FAMILY FOUNDATION EIN 93-4781807 · last filed 990-PF for 2023
- UNITED WAY OF THE MID-SOUTH EIN 56-1010742 · last filed 990 for 2025
- THE MARTIN FAMILY FOUNDATION INC EIN 83-1489207 · last filed 990 for 2025
- MCGEHEE FAMILY FOUNDATION EIN 62-1801291 · last filed 990-PF for 2024
- ASSISI FOUNDATION OF MEMPHIS INC EIN 62-1558722 · last filed 990-PF for 2024
All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations