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Filing year 2024

Sorenson Impact Foundation

Salt Lake City, Utah·EIN 45-3203840·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$4.6M
Total assets
$140.2M
Total expenses
$5.3M
Reported officers
4

Executive compensation

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

Director
Unclassified
$5k
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West 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 Sorenson Impact Foundation equaled 0.1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.1%
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

$3.6M

Itemized grants

12

Median grant

$250k

RecipientLocationPurposeAmount
Realize ImpactBainbridge Island, WAPhilantrhopic investment grant for affordable home ownership$1M
University of UtahSalt Lake City, UTImpact investing student program; general support$638k
Lafayettte Square FoundationMiami, FLSupport for projects creating equitable wealth including employee ownership$375k
The Aspen InstituteWashington, DCNeiborhood real estate ownership project and employee ownership project$250k
Rutgers UniversityNew Bruswick, NJEducation and research in the area of emloyee ownership and profit sharing models$250k
Ownership Works IncNew York, NYResearch and framework development for home shared ownership projects$250k
ImpactAlphaBerkeley, CAProviding public education on homeownership, employee ownership and community ownership$250k
B Lab CompanyBerwyn, PADevelopment of B Corp certification process and assistance$250k
New Venture FundWashington, DCCatalytic capital consortium project$175k
New Venture FundWashington, DCImpact investing alliance$75k
Crane Institute of SustainabilityManchesterbytheSea, MADevelopment of benchmarks for measuring impact for charitable endowments$50k
Impact Investing InstituteUKDevelopment of educational campaign to promote and encourage impact investing to catalyze social change$40k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), 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 Sorenson Impact Foundation

What are Sorenson Impact Foundation's revenue and expenses?

In 2024, Sorenson Impact Foundation reported $4.6M in total revenue and $5.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.