2013-07-29T14:55:48-07:00 2013-03-31 Rogers Wood Hill Starman & Gustason PA 606 Bald Eagle Drive Suite 400 Marco Island FL 341452766 990 2012-04-01 650584415 Gene & Mary Sarazen Foundation Inc GENE 2393892460 PO Box 977 Marco Island FL 34146 Mary Ann Sarazen 2013-07-25 true Thomas E Boerio CPA P00103344 2393947502 2012 2016-02-24 21:20:13Z 228780 false false X www.genesarazen.org X 1995 DE Gene Sarazen's philosophy was to "build a better way" of life where needs exist. To further the hopes and dreams of individuals and communities in need, Mr. Sarazen established The Gene and Mary Sarazen Foundation in 1995. Foundation support reaches out to a variety of local community needs ranging from health care to education, to families, to sports programs. 7 0 0 0 4950 10880 0 -3551 29134 0 1399 40014 8235 6381 0 0 0 0 15870 14062 24105 20443 -22706 19571 151108 170679 0 151108 170679 X Gene Sarazen's philosophy was to "build a better way" of life where needs exist. To further the hopes and dreams of individuals and communities in need, Mr. Sarazen established The Gene and Mary Sarazen Foundation in 1995. Foundation support reaches out to a variety of local community needs ranging from health care to education, to families, to sports programs. false false 3575 3575 Donations were made to the Sarazen/Siena Scholarship and Sarazen/PGM Restricted Scholarships at Florida Gulf Coast University Foundation. 795 795 Additional donations were made to various local charities such as Marco Police Foundation, Marco Island Historical Society and the Island Country Club Charitable Foundation. 701 701 A donation was made to the Mackle Park Camp Scholarship program. 1310 1310 6381 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false true false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 7 0 true false false false false false false false false false false false false false false false false false false false X Mary Ann Sarazen 2393892460 950 N Collier Blvd Marco Island FL 34145 X Pamela E Ilnicki 1.00 0.00 X 0 0 0 Gene Martin Ilnicki 1.00 0.00 X 0 0 0 John Grado 1.00 0.00 X 0 0 0 John P Cardillo 1.00 0.00 X 0 0 0 David Stonier 1.00 0.00 X 0 0 0 Dawn Litchfield 2.00 0.00 X X 0 0 0 Mary Ann Sarazen 8.00 0.00 X X 0 0 0 0 false false false 0 10880 10880 0 5193 5193 0 0 0 212707 188766 23941 23941 23941 0 0 0 0 40014 29134 6381 6381 0 0 0 0 0 0 0 0 0 0 0 2250 2250 0 0 0 0 0 484 484 0 0 0 0 0 0 0 0 58 58 0 Ordinary loss from K-1 658 658 Telephone/Internet 693 693 Investment and bank fees 3939 3939 Rent 5100 5100 880 880 20443 6381 14062 0 1149 3453 149901 167226 0 0 0 0 0 0 0 3160 3160 58 0 0 0 0 0 0 151108 170679 0 0 X 151108 170679 151108 170679 151108 170679 19571 X false false false X 5600 11800 6925 4950 10880 40155 0 0 5600 11800 6925 4950 10880 40155 12148 28007 3954 2895 3935 4280 5192 20256 0 0 60411 0.46360 0.42420 X true 0 0 Grantmaker's Description of How Grants are Used The Foundation monitors the grant recipients based upon the type of grant that is given. For instance, the grants made to Florida Gulf Coast University are monitored by the Senior Scholarship Information Specialist who sends a letter to the Foundation listing each recipient with his/her personal information and bio, and the amount of the award. Dawn Litchfield Director 3939 Invest. Adv. Fees false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents, policies and financial statements are available to the public upon request. The Foundation mails copies as requested and also makes copies available in the office. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The President of the Board reviews the Form 990 and signs Form 8879-EO before the return is submitted to the Internal Revenue Service. Form 990, Part VI, Line 2 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Secretary/Treasurer Mrs. Dawn Litchfield Brown is an owner in Naples Money Management, LLC, the investment firm that oversees the Fidelity investment account for the Foundation.Director Gene Martin Ilnicki is the son of President Mary Ann Sarazen.Director Pamela E. Ilnicki is the daughter of President Mary Ann Sarazen. Form 990, Part III, Line 4d Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: A donation was made to the Mackle Park Camp Scholarship program. OTHER PROGRAM SERVICES 5: Donations were made to the Sarazen/Siena Scholarship and Sarazen/PGM Restricted Scholarships at Florida Gulf Coast University Foundation. OTHER PROGRAM SERVICES 6: A donation was made to the American Cancer Society. OTHER PROGRAM SERVICES 7: A donation was made to Dignity U Wear. OTHER PROGRAM SERVICES 8: A donation was made to Edison State College Scholarship for Andrew Mackro.