Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Soar Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1998. The principal officer is Sidney Kaplan. It holds total assets of $911K. Annual income is reported at $481K. Total assets have decreased from $1.4M in 2011 to $894K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Minnesota, Indiana and California. According to available records, Soar Foundation has made 67 grants totaling $297K, with a median grant of $4K. Annual giving has decreased from $122K in 2020 to $49K in 2023. Grantmaking activity was highest in 2022 with $126K distributed across 40 grants. Individual grants have ranged from $100 to $35K, with an average award of $4K. The foundation has supported 35 unique organizations. The foundation primarily supports organizations in Minnesota, California, New Jersey, which account for 84% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$5K
Average Grant
$5K
Largest Grant
$19K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Soar Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in MN, CA, NJ.
Soar Foundation has distributed a total of $297K across 67 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $100 to $35K.
Soar Foundation typically selects its grantees rather than accepting unsolicited proposals.
Soar Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Weisman | PRESIDENT | $0 | $0 | N/A |
| Charles Weisman | TREASURER | $0 | $0 | N/A |
| Alyn Weisman | SECRETARY | $0 | $0 | N/A |
Total Giving
$63K
Total Assets
$894K
Fair Market Value
$1.2M
Net Worth
$894K
Grants Paid
$49K
Contributions
$2K
Net Investment Income
$145K
Distribution Amount
$44K
Total: $508K
Total Grants
67
Total Giving
$297K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
35
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple IsraelCHARITABLE GIVING | Minneapolis, MN | $8K | 2023 |
| Living LegacyCHARITABLE GIVING | Denver, CO | $5K | 2023 |
| University Of MinnesotaCHARITABLE GIVING | Minneapolis, MN | $5K | 2023 |
| Flaherty Family FoundationCHARITABLE GIVING | Eden Prairie, MN | $1K | 2023 |
| American Diabetes AssociationCHARITABLE GIVING | Minneapolis, MN | $250 | 2022 |
| Social And Environmental EntrepreneursCHARITABLE GIVING | Calabasas, CA | $10K | 2023 |
| Sing For HopeCHARITABLE GIVING | Woodcliff Lake, NJ | $8K | 2023 |
| Chabad MinneapolisCHARITABLE GIVING | Minnetonka, MN | $6K | 2023 |
| The Becoming FoundationCHARITABLE GIVING | Riverside, PA | $3K | 2023 |
| Childrens Health FundCHARITABLE GIVING | New York, NY | $1K | 2023 |
| Juvenille Diabetes Of MinnesotaCHARITABLE GIVING | Bloomington, MN | $750 | 2023 |
| The Als AssociationCHARITABLE GIVING | St Paul, MN | $750 | 2023 |
| Mission Animal HospitalCHARITABLE GIVING | Eden Prairie, MN | $590 | 2023 |
| Aspen TibetCHARITABLE GIVING | Aspen, CO | $250 | 2023 |
| Pohlad EventCHARITABLE GIVING | St Paul, MN | $5K | 2022 |
| Weisman Art MuseumCHARITABLE GIVING | Minneapolis, MN | $5K | 2022 |
| Jane Goodall InsituteCHARITABLE GIVING | Washington, DC | $5K | 2022 |
| Minneapolis Jewish FederationCHARITABLE GIVING | Minneapolis, MN | $5K | 2022 |
| Afgjan ReliefCHARITABLE GIVING | Minneapolis, MN | $4K | 2022 |
| The Smile NetworkCHARITABLE GIVING | Minneapolis, MN | $4K | 2022 |
| Mark BalmaCHARITABLE GIVING | St Paul, MN | $2K | 2022 |
| Creative Visions FoundationsCHARITABLE GIVING | Malibu, CA | $1K | 2022 |
| Sp Joanie SchwarzCHARITABLE GIVING | Telluride, CO | $800 | 2022 |
| Jcc Troop Inclusion FundCHARITABLE GIVING | St Paul, MN | $500 | 2022 |
| The Leukemia & Lymphoma SocietyCHARITABLE GIVING | Minneapolis, MN | $250 | 2022 |