Philip D Sokol Foundation
- Assets
- $5.4m
- Revenue
- $3.5m
- Investments
- $4.9m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 83-0580692
Organization Overview
Philip D Sokol Foundation is located in San Diego, CA. The organization was established in 2018. 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 independent organization and not affiliated with a larger national or regional group of organizations. Philip D Sokol 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 12/2022, Philip D Sokol Foundation generated $3.5m in total revenue. All expenses for the organization totaled $183.8k during the year ending 12/2022. While expenses have increased by 621.0% per year over the past 4 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.
Since 2020, Philip D Sokol Foundation has awarded 11 individual grants totaling $164,200. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATED FOR FOOD PURCHASE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Miller President | 1 | $0 | |
John Treiman Secretary & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,961,671 |
| Interest on Savings | $0 |
| Dividends & Interest | $79,478 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $500,923 |
| Capital Gain Net Income | $500,923 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,542,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $452 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $294 |
| Total operating and administrative expenses | $28,791 |
| Contributions, gifts, grants paid | $155,000 |
| Total expenses and disbursements | $183,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $574,664 |
| Savings and temporary cash investments | $0 |
| 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 | $170,734 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,428,977 |
| 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, Philip D Sokol Foundation has awarded $155,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JUST IN TIME FOR FOSTER YOUTH PURPOSE: TO EMPOWER YOUNG FOSTER CARE ADULTS LEAVING FOSTER CARE TO HELP ACHIEVE SELF SUFFICIENCY AND WELL-BEING. | $10,000 |
KATHY'S LEGACY PURPOSE: TO PROVIDE POSITIVE DIFFERENCE IN THE LIVES OF SILENT, UNDER-SERVED VICTIMS OF DOMESTIC VIOLENCE HOMICIDE | $10,000 |
MAMAS KITCHEN PURPOSE: TO PROVIDE FOOD TO NEEDY | $10,000 |
SCRIPPS HEALTH FOUNDATION PURPOSE: TO RECRUIT TOP PHYSICIANS, ACQUIRE LATEST TECHNOLOGY, AND DEVELOP AND FACILITATE THE OPENING OF NEW FACILITIES TO SERVE PATIENTS | $20,000 |
SAN DIEGO JUSTICE FOUNDATION PURPOSE: TO SUPPORT THE SAN DIEGO SUPERIOR COURT'S STUDENT OUTREACH AND EDUCATION PROGRAMS | $50,000 |
ZOOLOGICAL SOCIETY OF SAN DIEGO PURPOSE: SAVING SPECIES WORLDWIDE BY PROVIDING ANIMAL CARE AND CONSERVATION SCIENCE. | $55,000 |