Daniel M Soref Rvoc Tr
- Assets
- $64.3m
- Revenue
- $5.2m
- Investments
- $63.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/2002
- Data as of
- 06/2023
- EIN
- 39-6758434
Organization Overview
Daniel M Soref Rvoc Tr is located in Milwaukee, WI. The organization was established in 2002. 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. Daniel M Soref Rvoc Tr 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 06/2023, Daniel M Soref Rvoc Tr generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $3.4m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Daniel M Soref Rvoc Tr has awarded 400 individual grants totaling $25,123,434. 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 | $0 |
| Interest on Savings | $17,773 |
| Dividends & Interest | $2,865,065 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,340,844 |
| Capital Gain Net Income | $2,340,844 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,223,682 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $240,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $72,294 |
| Depreciation | $0 |
| Occupancy | $22,623 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,807 |
| Total operating and administrative expenses | $373,201 |
| Contributions, gifts, grants paid | $3,000,235 |
| Total expenses and disbursements | $3,373,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,281,397 |
| Net Accounts receivable | $2,223 |
| 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 | $14,706 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $56,393,851 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $258 |
| Total assets | $64,284,671 |
| 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, Daniel M Soref Rvoc Tr has awarded $3,000,235 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ARTS AT LARGE PURPOSE: GENERAL OPERATIONS | $20,000 |
BENEDICT CENTER PURPOSE: GENERAL OPERATIONS | $20,000 |
BIG BROTHERS BIG SISTERS OF METRO MILW PURPOSE: MENTOR 2.0 AND GENERAL | $100,000 |
B'NAI B'RITH YOUTH ORGANIZATION PURPOSE: GENERAL OPERATIONS | $20,000 |
CAMP MANITOWISH YMCA PURPOSE: LEADERSHIP DEVELOPMENT PROGRAM | $25,000 |
GPS EDUCATION PARTNERS INC PURPOSE: YOUTH APPRENTICE PROGRAMS ALLIS ROLLER, MPE, LAKESIDE | $30,000 |