The Sorala Foundation

Organization Overview

The Sorala Foundation is located in Lakewood, NJ. The organization was established in 2005. 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. Sorala 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 03/2022, Sorala Foundation generated $507.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $422.6k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Sorala Foundation has awarded 546 individual grants totaling $1,483,158. 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)Compensation
Ezriel Munk
Co-President
$0
Yaffa Munk
Co-President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $446,623
Interest on Savings $2,872
Dividends & Interest $13,100
Net Rental Income-$10,313
Net Gain on Sale of Assets $5,526
Capital Gain Net Income $5,526
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $9,149
Other Income $30,216
Total Revenue $507,486

Grants Awarded

Over the last fiscal year, The Sorala Foundation has awarded $381,584 in support to 228 organizations.

Grant RecipientAmount

CHAVIVA FOUNDATION

Org PageRecipient Profile

Far Rockaway, NY

PURPOSE: GENERAL AND UNRESTRICTED

$30,000

THE DONORS FUND

PURPOSE: YAFFA AND EZRIEL MUNK CHARITABLE FUND

$24,500

INDIGENT INDIVIDUALS

PURPOSE: SHORT-TERM EMERGENCY ASSISTANCE GRANTS TO INDIGENT INDIVIDUALS WHO ARE NOT DISQUALIFIED PERSONS WITH RESPECT TO THE FOUNDATION AND WHO EACH DID NOT RECEIVE MORE THAN $1,000 FROM THE FOUNDATION DURING THE YEAR

$24,136

THE TZUR FOUNDATION

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: GENERAL AND UNRESTRICTED

$23,000

BONEI OLAM

PURPOSE: GENERAL AND UNRESTRICTED

$22,000

Brooklyn, NY

PURPOSE: GENERAL AND UNRESTRICTED

$12,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Sorala Foundation has recieved totaling $88,600.

Awarding OrganizationAmount
$44,600
Chaviva Foundation

Far Rockaway, NY

PURPOSE: EDUCATE JEWISH CHILDREN IN A SUMMER CAMP SETTING AND AFTER SCHOOL PROGRAM THROUGH INNOVATIVE PROGRAMS.

$44,000
View Grant Recipient Profile

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