Sonance Foundation
- Assets
- $314.3k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- San Clemente, CA
- Founding
- Data as of
- 12/2022
- EIN
- 84-3805527
Organization Overview
Sonance Foundation is located in San Clemente, CA. 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. Sonance 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, Sonance Foundation generated $2.1m in total revenue.
Since 2020, Sonance Foundation has awarded 109 individual grants totaling $3,572,906. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SONANCE FOUNDATION WAS ESTABLISHED WITH THE INTENTION OF HELPING THE LOCAL COMMUNITY BY FOCUSING EFFORTS IN THE FOLLOWING MAJOR AREAS: - EDUCATION - PROTECTION OF THE BEACHES AND OCEAN - HELPING PEOPLE IN NEED THROUGHOUT THE COMMUNITY THROUGHOUT THE PAST YEAR, THE SONANCE FOUNDATION HAS DONATIONS SCHOLARSHIPS TO LOCAL SCHOOLS, DONATED TO ENVIRONMENTAL EFFORTS, AND PROVIDED RESOURCES TO THE UNDERPRIVILEGED IN LOCAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ari Supran Chief Executive Officer | 1 | $0 | |
Erin Foote Secretary | 1 | $0 | |
Patrick Mcgaughan Chief Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,071,968 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,071,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,915 |
| Other expenses | $9,645 |
| Total operating and administrative expenses | $15,261 |
| Contributions, gifts, grants paid | $1,878,415 |
| Total expenses and disbursements | $1,893,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $312,978 |
| 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 | $1,356 |
| Other assets | $0 |
| Total assets | $314,334 |
| 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, Sonance Foundation has awarded $1,878,415 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: TO BE A RELENTLESS FORCE FOR A WORLD OF LONGER, HEALTHIER LIVES | $2,573 |
ASSISTANCE LEAGUE OF CAPISTRANO VALLEY PURPOSE: TO TRANSFORM THE LIVES OF CHILDREN AND ADULTS THROUGH COMMUNITY PROGRAMS. | $2,500 |
BEYOND BLINDNESS PURPOSE: TO EMPOWER CHILDREN WITH VISUAL IMPAIRMENTS AND OTHER DISABILITIES TO ACHIEVE THEIR FULLEST POTENTIAL. | $532 |
BOYS AND GIRLS CLUBS OF AMERICA PURPOSE: TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED IT MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING AND RESPONSIBLE CITIZENS. | $50,000 |
BOYS AND GIRLS CLUB OF THE SOUTH COAST AREA PURPOSE: ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED IT MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING AND RESPONSIBLE CITIZENS. | $131,229 |
CALIFORNIA YOUTH SERVICES PURPOSE: TO PROVIDE EDUCATION, ASSESSMENT, CRISIS INTERVENTION AND CONSELING THAT ASSISTS FAMILIES TO ADDRESS LIFE'S CHALLENGES RELATED TO SUBSTANCE ABUSE, ACADEMIC CHALLENGES, BEHAVIORAL AND MENTAL HEALTH STRUGGLES. | $5,532 |