Friends of Sowebo Inc is a private foundation focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $7K in total assets. In 2022, it made $7K in qualifying distributions.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$7K
+42.8% YoY
Revenue
$9K
+322.7% YoY
Qualifying Distributions
$7K
+114.5% YoY
Expenses
$7K
+328.9% YoY
Under IRS private-foundation payout rules, Friends of Sowebo Inc reported a distributable amount of $197 for 2022 — the minimum it must pay out in qualifying distributions.
About Friends of Sowebo Inc
Based on IRS filings
Friends of Sowebo Inc is a private foundation focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $7K in total assets. In 2022, it made $7K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $6,678 | $4,677 | $4,937 |
| Revenue | $9,000 | $2,129 | $510 |
| Expenses | $6,734 | $1,570 | $324 |
| Qualifying Distributions | $6,734 | $3,140 | — |
| Net Investment Income | — | $387 | — |
| Distributable Amount | $197 | $192 | $243 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2022
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2022.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert Meyer | President | 1 | — |
| Cassandra Kapsos | Secretary | — | — |
| Matt Achhammer | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Sowebo Inc?
Friends of Sowebo Inc is a private foundation focused on Community Improvement & Capacity Building, based in BALTIMORE, MD. It holds $7K in total assets as of 2022.
How large is Friends of Sowebo Inc?
As of 2022, Friends of Sowebo Inc holds $7K in total assets with $9K in annual revenue.
How much is Friends of Sowebo Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Friends of Sowebo Inc reported a distributable amount of $197 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of Sowebo Inc's EIN?
Friends of Sowebo Inc's EIN (Employer Identification Number) is 82-4393134. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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