Sozosei Foundation
- Assets
- $6.5m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 84-3915935
Organization Overview
Sozosei Foundation is located in Princeton, NJ. 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. Sozosei 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, Sozosei Foundation generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.7%) each year.
Since 2020, Sozosei Foundation has awarded 167 individual grants totaling $16,026,801. 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.
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 |
|---|---|---|---|
Melissa Beck Executive Director | 40 | $0 | |
William Carson MD Chairman And Director | 20 | $125,000 | |
James Sauer Treasurer | 1 | $0 | |
Kenita Barrow Secretary | 1 | $0 | |
Mary Michael Director | 1 | $0 | |
Kabir Nath Director (thru 7/22) | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wpp Group Usa Inc | 12/30/22 | $1,541,959 |
Rockefeller Philanthropy Advisors Inc | 12/30/22 | $353,389 |
Meeting Alliance Llc | 12/30/22 | $740,890 |
Elizabeth Louise Fader | 12/30/22 | $120,843 |
The Modern Brand Company Llc | 12/30/22 | $189,478 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000,000 |
| Interest on Savings | $56,566 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,056,566 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $938,393 |
| Printing and publications | $0 |
| Other expenses | $11,420 |
| Total operating and administrative expenses | $3,646,051 |
| Contributions, gifts, grants paid | $8,882,501 |
| Total expenses and disbursements | $12,528,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $565,778 |
| Savings and temporary cash investments | $5,900,000 |
| Net Accounts receivable | $5,015 |
| 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 | $6,470,793 |
| Accounts payable and accrued expenses | $579,632 |
| 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 | $579,632 |
Grants Awarded
Over the last fiscal year, Sozosei Foundation has awarded $8,757,501 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
AFFECT MENTAL HEALTH PURPOSE: DECRIMINALIZING MENTAL ILLNESS | $5,000 |
AMERICAN PSYCHIATRIC ASSOCIATION FOUNDATION PURPOSE: DECRIMINALIZING MENTAL ILLNESS | $115,000 |
ACCESSSOS PURPOSE: DECRIMINALIZING MENTAL ILLNESS | $5,000 |
BALTIMORE COMMUNITY FOUNDATION PURPOSE: RESILIENT COMMUNITIES PROGRAM | $166,667 |
CENTER FOR DISASTER PHILANTHROPY PURPOSE: DISASTER PHILANTHROPY | $50,000 |
CAMDEN COALITION OF HEALTHCARE PROVIDERS PURPOSE: DECRIMINALIZING MENTAL ILLNESS | $255,000 |