Sorenson Impact Foundation

Organization Overview

Sorenson Impact Foundation is located in Salt Lake City, UT. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sorenson Impact Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Sorenson Impact Foundation generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Sorenson Impact Foundation has awarded 100 individual grants totaling $13,427,285. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sepio Capital
$369,299
Sorenson Associates The Pointe Llc
$140,999
Kirton Mcconkie
$87,808
Ross Aronstam & Moritz Llp
$117,058
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $3,032,427
Net Rental Income$0
Net Gain on Sale of Assets -$618,416
Capital Gain Net Income $10,170,472
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $440,923
Total Revenue $2,854,934

Grants Awarded

Over the last fiscal year, Sorenson Impact Foundation has awarded $2,512,000 in support to 11 organizations.

Grant RecipientAmount

UNIVERSITY OF UTAH

PURPOSE: IMPACT INVESTING STUDENT PROGRAM; GENERAL SUPPORT

$760,000

COUNCIL OF DEVELOPMENT FINANCE AGENCIES

Org PageRecipient Profile

Columbus, OH

PURPOSE: DEVELOPING FINANCIAL APPLICATIONS TO REDUCE LENDING BIAS

$250,000

VILLAGE CAPITAL

PURPOSE: TRAINING FOR BLACK ENTREPRENUERS

$250,000

Philadelphia, PA

PURPOSE: EXPANDING ACCESS TO IMPACT DATA FOR THE USE OF CDFI INVESTMENTS

$250,000

GLOBAL IMPACT INVESTING NETWORK

Org PageRecipient Profile

New York, NY

PURPOSE: BUILDING RACIAL AND DIVERSITY METRICS INTO IMPACT INVESTING REPORTING STANDARDS

$227,000

Washington, DC

PURPOSE: IMPACT INVESTING ALLIANCE

$150,000
View Grant Profile

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