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Filing year 2024

RICHARD W SORENSON FAMILY FOUNDATION INC

Fort Lauderdale, Florida·EIN 22-2547323·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$700k
Total assets
$9.7M
Total expenses
$762k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. RICHARD W SORENSON FAMILY FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President, Treasurer, Director
Director
Vp, Secretary, Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$740k

Itemized grants

5

Median grant

$20k

RecipientLocationPurposeAmount
BABSON COLLEGEBABSON PARK, MASUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES$500k
CLEVELAND CLINIC MARTIN HEALTHSTUART, FLSUPPORT ORGANIZATION'S$200k
GRAND TETON NATIONAL PARK FOUNDATIONMOOSE, WYSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES$20k
FRIENDS OF BRIDGER TETON NATIONAL FORESTJACKSON, WYSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES$10k
KINGSWOOD OXFORD SCHOOLWEST HARTFORD, CTSUPPORT ORGANIZATION'S PROGRAMS AND ACTIVITIES$10k
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Financial trend

Revenue and expenses over time

RICHARD W SORENSON FAMILY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$523k
$597k
2023
$700k
$762k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Florida

RICHARD W SORENSON FAMILY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Florida earns a median of $18,656.

25th percentile
$8k
Median
$18,656
75th percentile
$60k
90th percentile
$150k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,989 organizations across 1,989 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Florida
FAQ

Common questions about RICHARD W SORENSON FAMILY FOUNDATION INC

What are RICHARD W SORENSON FAMILY FOUNDATION INC's revenue and expenses?

In 2024, RICHARD W SORENSON FAMILY FOUNDATION INC reported $700k in total revenue and $762k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.