Sorenson Legacy Foundation

Organization Overview

Sorenson Legacy Foundation is located in Midvale, 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 Legacy 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 12/2020, Sorenson Legacy Foundation generated $38.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $37.0m during the year ending 12/2020. While expenses have increased by 0.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Sorenson Legacy Foundation has awarded 1,527 individual grants totaling $134,977,689. 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 Llc
$782,825
Sdi Residual Assets Llc
$440,450
Atlanta Capital Management Company Llc
$167,607
Eagle Capital Management Llc
$301,518
Pacific Ridge Capital
$165,511
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $7,710,866
Net Rental Income$0
Net Gain on Sale of Assets $30,938,962
Capital Gain Net Income $12,373,644
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $38,649,828

Grants Awarded

Over the last fiscal year, Sorenson Legacy Foundation has awarded $24,479,736 in support to 309 organizations.

Grant RecipientAmount

CROCKER CATALYST FOUNDATION

PURPOSE: GENERAL CHARITABLE PURPOSES

$3,725,000

ELIZABETH ACADEMY

PURPOSE: GENERAL CHARITABLE PURPOSES

$1,750,000

INTERMOUNTAIN HEALTHCARE FOUNDATION INC

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: GENERAL CHARITABLE PURPOSES

$1,500,000

BRIGHAM YOUNG UNIVERSITY

PURPOSE: GENERAL CHARITABLE PURPOSES

$1,205,000

THOM & GAIL WILLIAMSEN FAMILY FOUNDATION

PURPOSE: GENERAL CHARITABLE PURPOSES

$1,000,000

JOAN AND TIM FENTON FAMILY FOUNDATION

Org PageRecipient Profile

Holladay, UT

PURPOSE: GENERAL CHARITABLE PURPOSES

$788,006
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Sorenson Legacy Foundation has recieved totaling $15,000.

Awarding OrganizationAmount
United Way Of Northern Utah

Ogden, UT

PURPOSE: GENERAL OPERATIONS

$15,000
View Grant Recipient Profile

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