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Filing year 2023

THE SORALA FOUNDATION

Lakewood, New Jersey·EIN 20-6186035·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$394k
Total assets
$2.5M
Total expenses
$399k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. THE SORALA FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Co-president
Co-president

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$370k

Itemized grants

215

Median grant

$250

RecipientLocationPurposeAmount
The Donors FundLakewood, NJGeneral and Unrestricted$97k
Torah LinksLakewood, NJGeneral and Unrestricted$35k
Zichron MenachemMonsey, NYGeneral and Unrestricted$24k
Agudas Yisroel of West LawrenceFar Rockaway, NYGeneral and Unrestricted$11k
Relief ResourcesLakewood, NJGeneral and Unrestricted$10k
Bais Medrash of ArlingtonLakewood, NJGeneral and Unrestricted$8k
Yeshiva Gedola Tiferes Yaakov YitzchokLakewood, NJGeneral and Unrestricted$8k
Gates of MercyLakewood, NJGeneral and Unrestricted$7k
Indigent IndividualsLakewood, NJShort-term assistance grants to indigent individuals who are not disqualified persons with respect to the foundation and who each did not receive more than $1,000 from the foundation during the year$7k
Yeshiva Toras ChaimLakewood, NJGeneral and Unrestricted$6k
Rabbi Y OelbaumLakewood, NJHardship Asssistance Grant$6k
Ein Od MilvadoLakewood, NJGeneral and Unrestricted$6k
Khal HarfieldJackson, NJGeneral and Unrestricted$6k
Yeshiva Nesiv HaTalmudLakewood, NJGeneral and Unrestricted$5k
Yeshiva KetanaLakewood, NJGeneral and Unrestricted$5k
Rabbi HeberJackson, NJHardship Asssistance Grant$5k
Toras AhronLakewood, NJGeneral and Unrestricted$5k
Yeshiva Shaarei ChaimFar Rockaway, NYGeneral and Unrestricted$5k
OrosLakewood, NJGeneral and Unrestricted$5k
Keren AvreichimLakewood, NJGeneral and Unrestricted$4k
Rabbi Z KatzSilver Spring, MDHardship Assistance Grant$4k
Rabbi GreenwaldInwood, NYHardship Asssistance Grant$3k
Rabbi KrawieczLakewood, NJHardship Asssistance Grant$3k
The Tzur FoundationLakewood, NJGeneral and Unrestricted$3k
Talmudic Yeshiva of PhiladephiaPhiladelphia, PAGeneral and Unrestricted$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE SORALA FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$508k
$426k
2022
$394k
$399k
2023
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 New Jersey

THE SORALA FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about THE SORALA FOUNDATION

What are THE SORALA FOUNDATION's revenue and expenses?

In 2023, THE SORALA FOUNDATION reported $394k in total revenue and $399k 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.