Sonntag Family Foundation
- Assets
- $2.5m
- Revenue
- $212.2k
- Investments
- $2.3m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 11/2010
- Data as of
- 12/2022
- EIN
- 26-2876575
Organization Overview
Sonntag Family Foundation is located in Phoenix, AZ. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Sonntag Family 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, Sonntag Family Foundation generated $212.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $96.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sonntag Family Foundation has awarded 69 individual grants totaling $868,158. 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 |
|---|---|---|---|
Volker Sonntag President | 1 | $0 | |
Lynne Sonntag Sec/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $130,000 |
| Interest on Savings | $23 |
| Dividends & Interest | $53,891 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,329 |
| Capital Gain Net Income | $44,672 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,102 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,188 |
| Total operating and administrative expenses | $31,540 |
| Contributions, gifts, grants paid | $64,750 |
| Total expenses and disbursements | $96,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,769 |
| Savings and temporary cash investments | $35,001 |
| 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 | $2,459,303 |
| 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, Sonntag Family Foundation has awarded $64,750 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ARCS FOUNDATION PHOENIX PURPOSE: CHARITABLE | $8,500 |
ASU SUN DEVIL ATHLETICS PURPOSE: CHARITABLE | $5,250 |
ASU FOUNDATION PURPOSE: CHARITABLE | $40,000 |
SEASON FOR SHARING PURPOSE: CHARITABLE | $2,000 |
ST MARYS FOOD BANK PURPOSE: CHARITABLE | $3,000 |
XAVIER COLLEGE PREPARATORY PURPOSE: CHARITABLE | $1,000 |