Skip to main contentqqqqqrd

The Summit Foundation

Profile

Last Updated: 2016-06-07

At A Glance

The Summit Foundation

(also known as The Summit Charitable Foundation, Inc.)

2100 Pennsylvania Ave., N.W., Ste. 525

Washington, DC United States 20037-3223

URL: www.summitfdn.org/foundation/about

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $72,994,006

Total giving: $3,204,572

EIN

521743817

BRIDGE Number

6479747051

Background

Established in 1991 in DE - Founded by Victoria and Roger Sant. Roger Sant is Chairman Emeritus and co-founder of AES Corporation (originally named Applied Energy Services), an international power utility which distributes electric power to thirty-one countries. Roger and Victoria Sant have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.

Purpose and Activities

The mission of the foundation is to promote the health and well-being of the planet – its people and its natural environment – by achieving a sustainable global population, protecting the earth’s biodiversity and making cities livable. To achieve this, the foundation focuses on empowering girls, conserving the Mesoamerican Reef and promoting sustainable cities.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Conservation of the Mesoamerican Reef

The long-term goal is to ensure that the Mesoamerican Reef thrives as a healthy, productive ecosystem capable of supporting vibrant economies and providing abundant marine resources for generations to come. Grantmaking addresses both land-based and coastal/marine issues that threaten the integrity and health of the Reef in Mexico, Belize, Guatemala, and the northern coast of Honduras. The foundation has identified three major regional threats that need solving: 1) Overfishing 2) Mass tourism and 3) Commercial agricultural. It also addresses key local capacity needs: 1) Leadership 2) Environmental law/advocacy and 3) Financial self-reliance. Please note that the foundation does not accept unsolicited proposals.

Empowering Girls: Transforming Lives

In partnership with other stakeholders, the foundation seeks to empower marginalized girls by transforming their social, reproductive and economic lives. The major portion of its funding is focused in Belize, Guatemala, Honduras and Quintana Roo, Mexico, which mirror the countries of its Conserving the Mesoamerican Reef program. The foundation also supports a small number of organizations focused on expanding international, Latin American and U.S. commitments to empowering girls and ASRH, including an emphasis on youth participation in global processes. Please note that the foundation does not accept unsolicited proposals.

Program-Related Investment

Historically, the foundation made PRIs to Women's Capital Corporation and Stellar Fisheries. The foundation makes loans to organizations that supports small businesses.

Sustainable Cities

The program focuses on 1) Supporting common frameworks and indicators for Sustainable Cities; 2) Supporting inspirational models of Sustainable Cities; and 3) Supporting Visionaries. Please note that the foundation does not accept unsolicited proposals.

Fields of Interest

Subjects
  • Environment
  • Family planning
  • Health
  • Human rights
  • Natural resources
  • Reproductive health care
  • Sexual education
  • Youth development
  • Youth pregnancy prevention
International Interests
  • Belize
  • Guatemala
  • Honduras
  • Mexico
Population Groups
  • Economically disadvantaged people
  • Female adolescents
  • Female children and youth
  • Females
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $72,994,006 (market value)

Expenditures: $4,148,612

Total giving: $3,204,572

Qualifying distributions: $4,494,814