Sorensen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $715K in total assets. In 2024, it awarded 4 grants totaling $55K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$715K
-3.6% YoY
Annual Giving
$55K
+37.5% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$14K
-31.3% YoY
Under IRS private-foundation payout rules, Sorensen Family Foundation reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Sorensen Family Foundation
Based on IRS filings
Sorensen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $715K in total assets. In 2024, it awarded 4 grants totaling $55K. Net investment income was $39K.
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 | $715,166 | $742,055 | $772,735 |
| Revenue | $43,513 | $24,155 | $3,706 |
| Expenses | $70,402 | $54,835 | $79,373 |
| Qualifying Distributions | $65,157 | $49,805 | $74,937 |
| Net Investment Income | $38,568 | $19,225 | $6,427 |
| Distributable Amount | $39,013 | $35,882 | $37,262 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Donors Trust Inc ($20,000), Moca Ct Inc ($20,000), Jewish Educational and Cultural Center Makor Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DONORS TRUST INC ALEXANDRIA, VA | Americas Freedom Education Fund | $20,000 |
| JEWISH EDUCATIONAL AND CULTURAL CENTER MAKOR INC BROOKLINE, MA | Vehicles of Light Ukraine Donation | $10,000 |
| MOCA CT INC WESTPORT, CT | Heida Piano Competition | $20,000 |
| YOU GOT THIS KID LEADERSHIP FOUNDATION MOUNTAINSIDE, NJ | General & Unrestricted | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Erik Sorensen | Dir, Sec, Treas | 1 | — |
| Norman Sorensen | Dir, Pres | 1 | — |
| Suzanne Sorensen | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sorensen Family Foundation?
Sorensen Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $715K in total assets as of 2024.
How large is Sorensen Family Foundation?
As of 2024, Sorensen Family Foundation holds $715K in total assets with $44K in annual revenue. It awarded 4 grants totaling $55K in 2024.
Where does Sorensen Family Foundation operate?
Sorensen Family Foundation has awarded grants in Connecticut, Massachusetts, New Jersey, Virginia, Wisconsin.
What size grants does Sorensen Family Foundation award?
In 2024, Sorensen Family Foundation awarded 4 grants totaling $55K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Sorensen Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sorensen Family Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sorensen Family Foundation's EIN?
Sorensen Family Foundation's EIN (Employer Identification Number) is 83-1379795. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sorensen Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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