Sook Family Foundation
- Assets
- $43.7m
- Revenue
- $4.7m
- Investments
- $41.9m
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- Data as of
- 12/2023
- EIN
- 85-3330050
Organization Overview
Sook Family Foundation is located in Flower Mound, TX. 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. Sook 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.
Since 2022, Sook Family Foundation has awarded 14 individual grants totaling $1,210,766. 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 |
|---|---|---|---|
Perry Sook President | 1 | $0 | |
Sandra Sook Secretary | 1 | $0 | |
Laura Duncombe Director | 1 | $0 | |
Victoria Sook Director | 1 | $0 | |
Perry Sook Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47,548 |
| Dividends & Interest | $1,397,327 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,247,127 |
| Capital Gain Net Income | $66,740 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $541 |
| Total Revenue | $4,692,543 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,583 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $103,689 |
| Total operating and administrative expenses | $126,247 |
| Contributions, gifts, grants paid | $1,160,000 |
| Total expenses and disbursements | $1,286,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,797,567 |
| 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 | $43,654,460 |
| 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, Sook Family Foundation has awarded $1,160,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BRISTOL RIVERSIDE THEATER PURPOSE: OPERATING SUPPORT | $75,000 |
COVENANT HOUSE PURPOSE: OPERATING SUPPORT | $10,000 |
TWU FOUNDATION PURPOSE: OPERATING SUPPORT | $500,000 |
NYC OPERA PURPOSE: OPERATING SUPPORT | $50,000 |
BROADWAY DRAMS FOUNDATION PURPOSE: OPERATING SUPPORT | $25,000 |
UNIV OF OKLAHOMA FOUNDATION PURPOSE: OPERATING SUPPORT | $300,000 |