Sokoloff Foundation Inc
- Assets
- $6.3m
- Revenue
- -$12.9k
- Investments
- $5.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1960
- Data as of
- 12/2023
- EIN
- 13-6155196
Organization Overview
Sokoloff Foundation Inc is located in New York, NY. The organization was established in 1960. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sokoloff Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Sokoloff Foundation Inc has awarded 142 individual grants totaling $2,085,964. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Sokoloff Dir, Pres, Treas (deceased 10/21/23) | 10 | $0 | |
Helena Louise Sokoloff Dir, Pres, Sec, Treas | 5 | $0 | |
Patricia Gantz Director | 5 | $0 | |
Suzanne L Dreifuss Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $326,415 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$339,285 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$12,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,344 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $438 |
| Printing and publications | $0 |
| Other expenses | $2,358 |
| Total operating and administrative expenses | $24,758 |
| Contributions, gifts, grants paid | $728,351 |
| Total expenses and disbursements | $753,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $430,233 |
| Savings and temporary cash investments | $409,991 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,286,829 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sokoloff Foundation Inc has awarded $728,351 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ACKERMAN INSTITUTE FOR THE FAMILY PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
AFYA FOUNDATION INC PURPOSE: GENERAL OPERATING SUPPORT | $600,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: GENERAL OPERATING SUPPORT | $100 |
ACLU FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $600 |
CITYMEALS ON WHEELS PURPOSE: GENERAL OPERATING SUPPORT | $153 |
CENTRAL PARK CONSERVANCY INC PURPOSE: GENERAL OPERATING SUPPORT | $250 |