Soter Kay Foundation

Organization Overview

Soter Kay Foundation is located in Palm Beach, FL. The organization was established in 2001. 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. Soter Kay 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 12/2021, Soter Kay Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 20.9% per year over the past 7 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.

Since 2014, Soter Kay Foundation has awarded 131 individual grants totaling $3,294,178. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $122,217
Interest on Savings $0
Dividends & Interest $736,131
Net Rental Income$0
Net Gain on Sale of Assets $590,866
Capital Gain Net Income $590,866
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,449,214

Grants Awarded

Over the last fiscal year, Soter Kay Foundation has awarded $960,000 in support to 24 organizations.

Grant RecipientAmount

HOLY TRINITY EPISCOPAL CHURCH

PURPOSE: TO FURTHER ITS EXEMPT PURPOSES

$150,000

COLUMBUS MUSEUM OF ART

Org PageRecipient Profile

Columbus, OH

PURPOSE: TO FURTHER ITS EXEMPT PURPOSES

$100,000

MCLAREN NORTHERN MICHIGAN FOUNDATION

PURPOSE: TO FURTHER ITS EXEMPT PURPOSES

$100,000

ROSS ART MUSEUM

PURPOSE: TO FURTHER ITS EXEMPT PURPOSES

$68,000

NORTON MUSEUM OF ART

Org PageRecipient Profile

West Palm Beach, FL

PURPOSE: TO FURTHER ITS EXEMPT PURPOSES

$54,000

THE TOWN OF PALM BEACH UNITED WAY

Org PageRecipient Profile

Palm Beach, FL

PURPOSE: TO FURTHER ITS EXEMPT PURPOSES

$50,000
View Grant Profile

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