Sonkin Family Foundation
- Assets
- $319.5k
- Revenue
- $50.6k
- Investments
- $271.2k
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 01/1997
- Data as of
- 12/2023
- EIN
- 38-3322771
Organization Overview
Sonkin Family Foundation is located in Palm Beach Gardens, FL. The organization was established in 1997. 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. Sonkin Family 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 12/2023, Sonkin Family Foundation generated $50.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $349.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sonkin Family Foundation has awarded 182 individual grants totaling $612,353. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC RESEARCH
CULTURAL ENHANCEMENT
RELIGIOUS EDUCATION
EDUCATIONAL PURPOSES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,344 |
| Dividends & Interest | $11,785 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,471 |
| Capital Gain Net Income | $37,471 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,091 |
| Total operating and administrative expenses | $7,599 |
| Contributions, gifts, grants paid | $342,184 |
| Total expenses and disbursements | $349,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,267 |
| 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 | $319,485 |
| 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, Sonkin Family Foundation has awarded $342,184 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH HISTORICAL SOCIETY PURPOSE: EDUCATIONAL | $100 |
AMERICAN JEWISH COMMITTEE PURPOSE: CULTURAL | $100 |
AMERICAN SOCIETY FOR TECHNION PURPOSE: EDUCATIONAL | $100 |
AMERICAN SOCIETY YAD VASHEM PURPOSE: EDUCATIONAL | $100 |
ANTIDEFAMATION LEAGUE PURPOSE: EDUCATIONAL | $100 |
ARTHRITIS FOUNDATION PURPOSE: MEDICAL | $100 |