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Sooch Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2004. The principal officer is Navdeep Sooch. It holds total assets of $15.8M. Annual income is reported at $7.4M. The foundation is governed by 5 officers and trustees. Make a positive and permanent change in the lives of economically disadvantaged people in Austin through increased educational opportunities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Central Texas and Austin, TX. According to available records, Sooch Foundation has made 93 grants totaling $3.6M, with a median grant of $50K. The foundation has distributed between $662K and $1.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 32 grants. Individual grants have ranged from $1K to $100K, with an average award of $39K. The foundation has supported 36 unique organizations. Grants have been distributed to organizations in Texas and Rhode Island. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$50K
Average Grant
$36K
Largest Grant
$70K
Based on 23 grants from the most recent 990-PF filing.
Support for organizations serving Central Texas individuals aged 14 and older, with focus on post-secondary education transitions and workforce engagement for individuals facing employment barriers.
Make a positive and permanent change in the lives of economically disadvantaged people in Austin through increased educational opportunities. Based on available records, the foundation has funded 93 grants. Its grantmaking reaches organizations primarily in TX, RI.
Sooch Foundation has distributed a total of $3.6M across 93 grants. The median grant size is $50K, with an average of $39K. Individual grants have ranged from $1K to $100K.
Sooch Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sooch Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Navdeep S Sooch | PRESIDENT & TREASURER | $0 | $0 | N/A |
| David R Welland | VP & SECRETARY | $0 | $0 | N/A |
| John Mcgovern | TRUSTEE | $0 | $0 | N/A |
| Kelly Sooch | TRUSTEE | $0 | $0 | N/A |
| David Sooch | TRUSTEE | $0 | $0 | N/A |
Total Giving
$890K
Total Assets
$14.6M
Fair Market Value
$14.6M
Net Worth
$14.6M
Grants Paid
$662K
Contributions
N/A
Net Investment Income
$301K
Distribution Amount
$686K
Total: $11.4M
Total Grants
93
Total Giving
$3.6M
Average Grant
$39K
Median Grant
$50K
Unique Recipients
36
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lifeworks AustnTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $100K | 2023 |
| Assistance League Of Austin Texas IncTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $60K | 2023 |
| Jeremiah ProgramTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| LevelTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| Capital IdeaTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| Code2collegeTO SUPPORT ORGANIZATION'S PURPOSE | Pflugerville, TX | $50K | 2023 |
| Texas Empowerment AcademyTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| American YouthworksTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| Todos Juntos Learning CenterTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| Skillpoint AllianceTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| Foundation CommunitiesTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2023 |
| Breakthrough Central TxTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $25K | 2023 |
| Austin 2030 NetworkTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2023 |
| Year Up UnitedTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2023 |
| Literacy Coalition Of Central TexasTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2023 |
| Lirios PediatricsTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2023 |
| Teach For America - AustinTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2023 |
| Foster ForwardTO SUPPORT ORGANIZATION'S PURPOSE | East Providence, RI | $2K | 2023 |
| PelotonuTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2022 |
| E4 YouthTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2022 |
| Friends Of The ChildrenTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $50K | 2022 |
| Economic Growth Business IncubatorTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $25K | 2022 |
| San Juan Diego High SchoolTO SUPPORT ORGANIZATION'S PURPOSE | Austin, TX | $25K | 2022 |