Sordoni Family Foundation
- Assets
- $9.9m
- Revenue
- $321.3k
- Investments
- $9.7m
- Employees
- 0
- Location
- Forty Fort, PA
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 46-0749551
Organization Overview
Sordoni Family Foundation is located in Forty Fort, PA. The organization was established in 2013. 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. Sordoni 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, Sordoni Family Foundation generated $321.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $656.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sordoni Family Foundation has awarded 240 individual grants totaling $3,592,202. 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 |
|---|---|---|---|
Matthew R Sordoni President | 0 | $0 | |
William E Sordoni Director | 0 | $0 | |
Matthew R Sordoni Vice President/secretary/t | 0 | $0 | |
Jonathan P Sordoni Director | 0 | $0 | |
Margaret S Morris Director | 0 | $0 | |
Andrew J Sordoni III Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34,593 |
| Dividends & Interest | $145,831 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $140,864 |
| Capital Gain Net Income | $140,864 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $321,288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,929 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $54,360 |
| Contributions, gifts, grants paid | $601,915 |
| Total expenses and disbursements | $656,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $180,473 |
| 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 | $9,741,678 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,922,151 |
| 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, Sordoni Family Foundation has awarded $601,915 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ALVERNIA UNIVERSITY PURPOSE: O'PAKE INSTITUTE FOR ENTREPRENEURSHIP | $25,000 |
CHILDREN'S SERVICE CENTER OF WYOMING VALLEY PURPOSE: FUNDING OF MEDICAL ASSESSMENTS AND CHILD FORENSIC INTERVIEWS FOR VICTIMS OF ABUSE | $25,000 |
LUZERNE CNTY CHILD ADVOCACY CT PURPOSE: FUNDING OF MEDICAL ASSESSMENTS AND CHILD FORENSIC INTERVIEWS FOR VICTIMS OF ABUSE | $10,000 |
LUZERNE COUNTY HISTORICAL SOCIETY PURPOSE: UNRESTRICTED USE OF RECIPIENT | $1,000 |
AMERICAN HEART ASSOCIATION PURPOSE: GO RED CAMPAIGN | $10,000 |
CASA OF LUZERNE COUNTY PURPOSE: FUNDING TO RECRUIT AND TRAIN MORE VOLUNTEERS SO THAT MORE CHILDREN CAN HAVE COURT APPOINTED SPECIAL ADVOCATES | $10,000 |