OVERVIEW: The Sachs Family Foundation primarily funds grantmaking related to education, youth, health, and community organizations.
IP TAKE: The foundation lacks transparency, which limits information available on its grantmaking priorities and activities.
PROFILE: Established in 2004, the Sachs Family Foundation was founded by finance couple David and Allison Sachs, who steer Hocky Capital L.P., a fund in the New York City area. The foundation lacks transparency. According to tax filings, Sachs Family Foundation primarily funds grantmaking related to education, youth, health, and community organizations.
David Sachs is a 1988 alumnus of Babson College, which the couple supports, including a Babson program called Management Consulting Field Experience (MCFE), which puts together teams of student consultants who work with an organization to address a business challenge.
Grants range from $100 to $23,500. In a recent fiscal year, the foundation gave away around $146,000. Past grantees include Harlem Village Academies, Street Squash, Boys and Girls Club of Northern Westchester, Blythedale Children’s Hospital, Memorial Sloan Kettering, and UJA Federation.
The foundation keeps a low profile and does not accept unsolicited proposals.
PEOPLE:
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CONTACT:
Sachs Family Foundation
454 Succabone Road
Bedford Corners, NY 10549