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Filing year 2024

SOKOL FAMILY FOUNDATION KELLY SOKOL

Virginia Beach, Virginia·EIN 85-3064683·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.1M
Total assets
$37.6M
Total expenses
$2.7M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia.

President/exec Dir
Board President
Median to 75th percentile
$55k
$58k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SOKOL FAMILY FOUNDATION KELLY SOKOL equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$2.1M

Itemized grants

11

Median grant

$100k

RecipientLocationPurposeAmount
HORATIO ALGER ASSOCIATIONALEXANDRIA, VAGENERAL$1M
FOR KIDSCHESAPEAKE, VAGENERAL$333k
AMERICAN HIMALAYAN FOUNDATIONSAN FRANCISCO, CAGENERAL$310k
SALVATION ARMYOMAHA, NEGENERAL$120k
PARK COUNTY COMMUNITY FOUNDATIONLIVINGSTON, MTGENERAL$100k
NORFOLK ACADEMYNORFOLK, VAGENERAL$100k
VIRGINIA MUSEUM OF CONTEMPORARY ARTVIRGINIA BEACH, VAGENERAL$35k
AMERICAN HIMALAYAN FOUNDATIONSAN FRANCISCO, CAGENERAL$30k
SALVATION ARMYALEXANDRIA, VAGENERAL$20k
VIRGINIA SPORTS HALL OF FAMEVIRGINIA BEACH, VAGENERAL$10k
TIDEWATERPORTSMOUTH, VAGENERAL$10k
Compare this foundation's grantees

Up 6%
from 2023

From $52k in 2023 to $55k in 2024.

$52k
2023
$55k
2024
In today's dollarsEst.
Up 3% in real terms$57k to $58k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 6% from 2023 to 2024, while revenue fell 90%.

$52k in 2023 to $55k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SOKOL FAMILY FOUNDATION KELLY SOKOL

What does the Board President of SOKOL FAMILY FOUNDATION KELLY SOKOL earn?

In 2024, the Board President of SOKOL FAMILY FOUNDATION KELLY SOKOL received $54,875 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at SOKOL FAMILY FOUNDATION KELLY SOKOL compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Board President at SOKOL FAMILY FOUNDATION KELLY SOKOL falls between the median and the 75th percentile. In 2024, the highest total compensation at SOKOL FAMILY FOUNDATION KELLY SOKOL equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are SOKOL FAMILY FOUNDATION KELLY SOKOL's revenue and expenses?

In 2024, SOKOL FAMILY FOUNDATION KELLY SOKOL reported $2.1M in total revenue and $2.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.