Susan & Mendy Sokol Fam Foundation
- Assets
- $0.0
- Revenue
- $150.4k
- Investments
- $338.0
- Employees
- 0
- Location
- Woodmere, NY
- Founding
- 09/2014
- Data as of
- 11/2019
- EIN
- 61-6293034
Organization Overview
Susan & Mendy Sokol Fam Foundation is located in Woodmere, NY. The organization was established in 2014. 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 itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Susan & Mendy Sokol Fam 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 11/2019, Susan & Mendy Sokol Fam Foundation generated $150.4k in total revenue. All expenses for the organization totaled $147.1k during the year ending 11/2019. While expenses have increased by 120.7% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Sokol Trustee | 0 | $0 | |
Susan Sokol Trustee | 0 | $0 | |
Steven Adelsberg Trustee | 0 | $0 | |
Mendy Sokol Trustee | 0 | $0 | |
David Sokol Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $305 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $150,389 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $83 |
| Contributions, gifts, grants paid | $147,000 |
| Total expenses and disbursements | $147,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,968 |
| Investments—mortgage loans | $0 |
| Investments—other | $338 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Susan & Mendy Sokol Fam Foundation has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE SHEFA YESHIVA PURPOSE: BETTER THE LIVES AND CIRCUMSTANCES OF THOSE IN NEED | $25,000 |
THE DIASPORA YESHIVA PURPOSE: FURTHER JEWISH HERITAGE AND EDUCATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |