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The Richard W Sorenson Family Foundation Inc. is a private corporation based in FT LAUDERDALE, FL. The foundation received its IRS ruling in 1985. It holds total assets of $9.7M. Annual income is reported at $702K. Total assets have grown from $2.1M in 2011 to $9.7M in 2024. The foundation is governed by 3 officers and trustees. The foundation is not involved in any direct charitable activities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including Massachusetts, Florida, Wyoming. According to available records, The Richard W Sorenson Family Foundation Inc. has made 14 grants totaling $2.3M, with a median grant of $38K. Annual giving has grown from $510K in 2020 to $673K in 2022. Grantmaking activity was highest in 2021 with $1.1M distributed across 4 grants. Individual grants have ranged from $3K to $1M, with an average award of $162K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Massachusetts, Florida, Wyoming, which account for 79% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$38K
Average Grant
$271K
Largest Grant
$1M
Based on 4 grants from the most recent 990-PF filing.
The foundation is not involved in any direct charitable activities.
The foundation is not involved in any direct charitable activities. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in MA, FL, WY.
The Richard W Sorenson Family Foundation Inc. has distributed a total of $2.3M across 14 grants. The median grant size is $38K, with an average of $162K. Individual grants have ranged from $3K to $1M.
The Richard W Sorenson Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Richard W Sorenson Family Foundation Inc. is headquartered in FT LAUDERDALE, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sandra Sorenson | VP, SECRETARY, DIRECTOR | $0 | $0 | N/A |
| Richard W Sorenson | PRESIDENT, TREASURER, DIRECTOR | $0 | $0 | N/A |
| Paul Kleinfeld | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.7M
Fair Market Value
N/A
Net Worth
$9.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$2.3M
Average Grant
$162K
Median Grant
$38K
Unique Recipients
7
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Babson CollegeSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES | Babson Park, MA | $500K | 2022 |
| Holy Cross HospitalSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES | Ft Lauterdale, FL | $60K | 2022 |
| Cleveland Clinic Martin Health FoundationSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES | Stuart, FL | $50K | 2022 |
| Kingswood Oxford SchoolSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES | West Hartford, CT | $25K | 2022 |
| Grand Teton National Park FoundationSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES | Moose, WY | $20K | 2022 |
| Memorial Sloan KetteringSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES | New York, NY | $15K | 2022 |
| Abandoned Pet RescueSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES | Ft Lauterdale, FL | $3K | 2022 |