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Also known as: C/O ROBERT M ARCHER
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Sorehcra Foundation is a private corporation based in ASHLAND, OH. The foundation received its IRS ruling in 2021. The principal officer is Robert M Archer. It holds total assets of $6.2M. Annual income is reported at $8.3M. Total assets have decreased from $22.5M in 2020 to $11M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2023. According to available records, Sorehcra Foundation has made 8 grants totaling $7.2M, with a median grant of $275K. Annual giving has grown from $1.5M in 2021 to $5.7M in 2022. Individual grants have ranged from $20K to $4.6M, with an average award of $894K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
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.
Sorehcra Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in OH.
Sorehcra Foundation has distributed a total of $7.2M across 8 grants. The median grant size is $275K, with an average of $894K. Individual grants have ranged from $20K to $4.6M.
The mission of the foundation is to promote education, charitable opportunities, and social welfare in the local community and surrounding areas. Activities may include, but not be limited to, providing grants, awards or goods to individuals or other charitable organizations in accordance with irs guidelines and best practicies.
Sorehcra Foundation is headquartered in ASHLAND, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pamela J Archer | TREASURER | $0 | $0 | N/A |
| Robert M Archer | PRESIDENT | $0 | $0 | N/A |
| Janet L Archer | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$4.4M
Total Assets
$11M
Fair Market Value
$11.1M
Net Worth
$11M
Grants Paid
$4.4M
Contributions
N/A
Net Investment Income
$140K
Distribution Amount
$638K
Total: N/A
Total Grants
8
Total Giving
$7.2M
Average Grant
$894K
Median Grant
$275K
Unique Recipients
7
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ashland UniversityACADEMIC, ATHLETIC, & ECA PROGRAMS | Ashland, OH | $4.6M | 2022 |
| Ashland Family YmcaCAPITAL CAMPAIGN | Ashland, OH | $900K | 2022 |
| Ashland County Community FoundationASHLAND PARENTING PLUS | Ashland, OH | $50K | 2022 |
| New London Greenwhich TrailHIKING & BIKING TRAIL IMPROVEMENTS | Greenwich, OH | $25K | 2022 |
| Ashland City SchoolsAHS BASEBALL FIELD RENOVATION | Ashland, OH | $25K | 2022 |
| Northwestern OhiochristianyouthcampCAMP DINING HALL PROJECT | Mccutchenville, OH | $20K | 2022 |
| Kent State University FoundationMATCHING CHALLENGE GIFT | Kent, OH | $1M | 2021 |