David and Betty Sacks Foundation

OVERVIEW: This funder supports Texas groups in the areas of performing arts, fine arts, education, amateur sports, and prevention of cruelty towards animals and children. It is managed by Bank of America with an annual grant deadline.

FUNDING AREAS: Performing arts, fine arts, education, amateur sports, prevention of cruelty towards animals and children

IP TAKE:  This is a small foundation, but a good one to know in San Antonio. It’s also one of the few locally focused funders to support sports organizations, especially for youth.

PROFILE: The David and Betty Sacks Foundation was established in Texas after David's death in 1998. He was a physician by profession, but also considered a Renaissance man. This is because he was an accomplished athlete, musician, and sculptor as well.

The foundation focuses on Texas. Grantmaking interests are performing arts, fine arts, education, sports competitions, and the prevention of cruelty towards animals and children. Amateur sports groups as defined in section 501(j), not professional sports organizations, are eligible for support from Sacks.

The Sacks Foundation is managed by US Trust/Bank of America. Unsolicited grant applications are due on February 1 each year, and most grants are between $3,000 and $10,000. According to Foundation Center data, this funder has awarded at least 41 grants totaling $61,900 lately. Total net assets were reported at $598,770 in a recent year with $34,000 in grants paid that year.

Within Texas, the bulk of Sacks' support goes to groups in the San Antonio and Houston areas. Grantees in San Antonio include the San Antonio Sports Foundation and the Mitchell Lake Audubon Center. The Children’s Bereavement Center, San Antonio Children’s Museum, and Kinetic Kids received Sacks grants in San Antonio. Grants have gone to the Spay-Neuter Assistance Program in Houston and the Physicians Benevolent Fund in Austin. Most were in the $1,000 to $2,000 range, and most recent grants have been staying in San Antonio.

Grantees must wait one year before seeking new funding. Awards are typically made in June. Grantseeker questions should be directed to the foundation management staff at tx.philanthropic@ustrust.com. Address correspondence to Shantel Wilkins, philanthropic client manager for the foundation. The mailing address is P.O. box 831041, Dallas, Texas 75283, and the phone is 800-357-7094.

LINKS: