Sonni Family Foundation Inc
- Assets
- $1.1m
- Revenue
- $132.1k
- Investments
- $904.6k
- Employees
- 0
- Location
- Sebring, FL
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-2015095
Organization Overview
Sonni Family Foundation Inc is located in Sebring, FL. The organization was established in 2006. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Sonni Family Foundation Inc 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 12/2021, Sonni Family Foundation Inc generated $132.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $40.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sonni Family Foundation Inc has awarded 119 individual grants totaling $384,274. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rajeswari Sonni President | 1 | $0 | |
Ashok Sonni Vice Pres | 1 | $0 | |
Smitha Sonni Director | 1 | $0 | |
Sandya Radhakrishna Director | 1 | $0 | |
Sean S Sonni Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $73,138 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,925 |
| Capital Gain Net Income | $58,925 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $132,063 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,397 |
| Total operating and administrative expenses | $4,647 |
| Contributions, gifts, grants paid | $36,200 |
| Total expenses and disbursements | $40,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,258 |
| Savings and temporary cash investments | $179,035 |
| Net Accounts receivable | $0 |
| 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 | $1,091,852 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Sonni Family Foundation Inc has awarded $36,200 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BRIAN KETH SIMPSON PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
KEITH ANTHONY ROBERTS PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
MARIA LOYA FLORES PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
VALDEHI PERSAD PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
TYLER EDWARD JOHNSON PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
AUBREY LYNN LANIER PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Elaine Nicpon Marieb Charitable Foundation Naples, FL | $63,080,385 | $8,696,635 |
The Florida Concrete Masonry Education Council Inc Gainesville, FL | $2,957,826 | $3,367,750 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Jk And Db Gulley Mem Tuw J K Gulley Tr Orlando, FL | $0 | $486,471 |
Recovery Research Network Foundation Inc Atlantis, FL | $303,889 | $1,495,637 |
Geo Group Foundation Inc Boca Raton, FL | $194,115 | $1,477,065 |
Lake Oconee Academy Foundation Inc Greensboro, GA | $20,544,289 | $963,837 |
Alabama Symphony Endowment Birmingham, AL | $18,611,694 | $1,402,512 |
Boxton Cares Inc Crawfordville, FL | $317,182 | $816,667 |
Next Steps Employment Services Corp Sarasota, FL | $28,896 | $1,115,611 |