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Sonecha Family Foundation is a private corporation based in NEWARK, DE. The foundation received its IRS ruling in 2008. The principal officer is % Jay Sonecha. It holds total assets of $13.4M. Annual income is reported at $5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Sonecha Family Foundation has made 21 grants totaling $1.3M, with a median grant of $50K. Annual giving has grown from $200K in 2020 to $376K in 2023. Grantmaking activity was highest in 2022 with $680K distributed across 10 grants. Individual grants have ranged from $250 to $200K, with an average award of $60K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Pennsylvania, Delaware, Virginia, which account for 71% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Sonecha Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in PA, DE, VA.
Sonecha Family Foundation has distributed a total of $1.3M across 21 grants. The median grant size is $50K, with an average of $60K. Individual grants have ranged from $250 to $200K.
Sonecha Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sonecha Family Foundation is headquartered in NEWARK, DE. While based in DE, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay Sonecha | TRUSTEE | $0 | $0 | $0 |
| Kashmira Sonecha | TRUSTEE | $0 | $0 | $0 |
Total Giving
$378K
Total Assets
$9.5M
Fair Market Value
$9.6M
Net Worth
$9.5M
Grants Paid
$376K
Contributions
$1.9M
Net Investment Income
$158K
Distribution Amount
$400K
Total: $0
Total Grants
21
Total Giving
$1.3M
Average Grant
$60K
Median Grant
$50K
Unique Recipients
12
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Freire FoundationSUPPORT OF ORGANIZATION'S ACTIVITIES | Philadelphia, PA | $200K | 2023 |
| Habitat For HumanitySUPPORT OF ORGANIZATION'S ACTIVITIES | Wilmington, DE | $75K | 2023 |
| West End Neighborhood HouseSUPPORT OF ORGANIZATION'S ACTIVITIES | Wilmington, DE | $50K | 2023 |
| Food Bank Of DelawareSUPPORT OF ORGANIZATION'S ACTIVITIES | Newark, DE | $50K | 2023 |
| Hockessin Fire CompanySUPPORT OF ORGANIZATION'S ACTIVITIES | Hockessin, DE | $500 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Ukraine Crsis - CareSUPPORT OF ORGANIZATION'S ACTIVITIES | Merrifield, VA | $90K | 2022 |
| Afghan Humanitarian - CareSUPPORT OF ORGANIZATION'S ACTIVITIES | Merrifield, VA | $25K | 2022 |
| The Leukemia & Lymphoma SocietySUPPORT OF ORGANIZATION'S ACTIVITIES | New York, NY | $25K | 2022 |
| Food Bank - Feeding AmericaSUPPORT OF ORGANIZATIONS ACTIVITIES | Chicago, IL | $68K | 2020 |
| Freize FoundationSUPPORT OF ORGANIZATIONS ACTIVITIES | Boston, MA | $50K | 2020 |
| Feeding LouisianaSUPPORT OF ORGANIZATIONS ACTIVITIES | Baton Rouge, LA | $18K | 2020 |
| Childrens National HospitalSUPPORT OF ORGANIZATIONS ACTIVITIES | Baltimore, MD | $250 | 2020 |
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