Faith Sommerfield Family Foundation
Faith Sommerfield Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.2M in total assets. In 2024, it awarded 7 grants totaling $935K. Net investment income was $875K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.2M
+40.9% YoY
Annual Giving
$935K
+227.8% YoY
Grant Count
7
-36.4% YoY
Avg Grant Size
$134K
+415.1% YoY
About Faith Sommerfield Family Foundation
Based on IRS filings
Faith Sommerfield Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.2M in total assets. In 2024, it awarded 7 grants totaling $935K. Net investment income was $875K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,172,392 | $19,289,511 | $2,563,114 |
| Revenue | $9,977,090 | $17,535,791 | $1,147,151 |
| Expenses | $3,006,928 | $2,007,025 | $583,828 |
| Qualifying Distributions | $3,032,580 | $1,896,798 | $389,848 |
| Net Investment Income | $874,743 | $490,610 | $19,217 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JASON SMITH | PRESIDENT | 20 | $154,250 |
| SHANNA NICOLE NUTTALL | VICE PRESIDENT & TREASURER | 32 | $96,750 |
| DAVID HOFFMAN | VICE PRESIDENT & SECRETARY | 18 | $96,750 |
| MARK ELLIOTT | EXECUTIVE DIRECTOR | 30 | $192,124 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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