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Sorola Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2015. The principal officer is Rene Sorola. It holds total assets of $6K. Annual income is reported at $19K. Total assets have decreased from $3K in 2015 to $2K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Sorola Foundation has made 6 grants totaling $13K, with a median grant of $103. Annual giving has decreased from $13K in 2020 to $406 in 2022. Individual grants have ranged from $100 to $11K, with an average award of $2K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Texas and California. 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.
Sorola Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX, CA.
Sorola Foundation has distributed a total of $13K across 6 grants. The median grant size is $103, with an average of $2K. Individual grants have ranged from $100 to $11K.
Discretion of foundation.
Sorola Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rene Sorola | DIRECTOR | $0 | $0 | N/A |
| Marissa Sorola | DIRECTOR | $0 | $0 | N/A |
Total Giving
$25K
Total Assets
$2K
Fair Market Value
$2K
Net Worth
$2K
Grants Paid
$25K
Contributions
$14K
Net Investment Income
N/A
Distribution Amount
$659
Total Grants
6
Total Giving
$13K
Average Grant
$2K
Median Grant
$103
Unique Recipients
4
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Trevor ProjectSUICIDE PREVENTION & SUPPORT OF LGBTQ YOUTH | West Hollywood, CA | $103 | 2022 |
| Lake Travis High School FootballSUPPORT YOUTH SPORTS | Austin, TX | $100 | 2022 |
| Generations Church (Iglesia Ageneraciones)BIKES FOR UNDERPRIVILEGED CHILDREN | Houston, TX | $11K | 2020 |
| Ginger DevorASSISTANCE WITH FUNERAL EXPENSES AFTER PASSING OF HUSBAND | Houston, TX | $2K | 2020 |