Martin And Toni Sosnoff Foundation
- Assets
- $0.0
- Revenue
- $724.2k
- Investments
- $3.4m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 10/1993
- Data as of
- 11/2020
- EIN
- 22-2231640
Organization Overview
Martin And Toni Sosnoff Foundation is located in Palm Beach, FL. The organization was established in 1993. 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. Martin And Toni Sosnoff 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 11/2020, Martin And Toni Sosnoff Foundation generated $724.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $2.5m during the year ending 11/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Martin And Toni Sosnoff Foundation has awarded 234 individual grants totaling $22,714,424. 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 |
|---|---|---|---|
Martin Sosnoff Trustee | 1 | $0 | |
Toni Sosnoff Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,756 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,488 |
| Total Revenue | $724,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $47,780 |
| Contributions, gifts, grants paid | $2,438,100 |
| Total expenses and disbursements | $2,485,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,821 |
| Investments—mortgage loans | $0 |
| Investments—other | $476,025 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Martin And Toni Sosnoff Foundation has awarded $2,039,800 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BALLET THEATRE PURPOSE: CHARITABLE | $575,000 |
New York, NY PURPOSE: CHARITABLE | $425,000 |
BARD COLLEGE PURPOSE: CHARITABLE | $268,500 |
THE NEW YORK EYE & EAR INFIRMARY OF MOUNT SINAI PURPOSE: CHARITABLE | $150,000 |
Palm Beach, FL PURPOSE: CHARITABLE | $100,000 |
Boca Raton, FL PURPOSE: CHARITABLE | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Miriam U Hoover Foundation Vero Beach, FL | $0 | $462,542 |
Dr Herbert And Nicole Wertheim Family Foundation Inc Miami, FL | $42,831,898 | $5,245,016 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
The Mary Alice Fortin Foundation Palm Beach, FL | $167,401,142 | $8,209,363 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Louis And Gloria Flanzer Philantrhopic Tr Sarasota, FL | $95,188,629 | $13,796,000 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |
The Gary W Rollins Foundation Atlanta, GA | $72,624,629 | $27,015,806 |
Theodore R & Vivian M Johnson Scholarship Foundation Inc West Palm Beach, FL | $0 | $7,841,898 |