Edwin S Soforenko Foundation

Organization Overview

Edwin S Soforenko Foundation is located in Johnston, RI. The organization was established in 1967. 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. Edwin S Soforenko 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, Edwin S Soforenko Foundation generated $335.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $263.2k during the year ending 12/2022. While expenses have increased by 6.4% 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.

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Board, Officers & Key Employees

Name (title)Compensation
Lawrence Soforenko
Co-Trustee
$0
Max Kohlenberg
Co-Trustee
$0
Citizens Bank N A
Trustee
$15,775
Andrew Kohlenberg
Co-Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $99,748
Net Rental Income$0
Net Gain on Sale of Assets $235,873
Capital Gain Net Income $235,873
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $335,621

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