Siochain Foundation

Organization Overview

Siochain Foundation is located in Tysons, VA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Siochain 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, Siochain Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $52.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $6
Dividends & Interest $100,217
Net Rental Income$0
Net Gain on Sale of Assets $1,608,203
Capital Gain Net Income $5,155
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $114,382
Total Revenue $1,822,808

Grants Awarded

Over the last fiscal year, Siochain Foundation has awarded $2,226,694 in support to 2 organizations.

Grant RecipientAmount

NATHIONAL PHILANTHROPIC TRUST

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: CHARITABLE PURPOSES

$1,971,000

OAKWOOD COMMUNITY DEVELOPMENT CORP

Org PageRecipient Profile

High Point, NC

PURPOSE: CHARITABLE PURPOSES

$255,694
View Grant Profile

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