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EIN 20-6186035

The Sorala Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lakewood
State
New Jersey
Year formed
2005
Most recent tax filings
2023-03-01
NTEE code, primary
T21: Corporate foundations
Description
The Sorala Foundation is a corporate foundation in Lakewood, NJ, which was founded in 2005 and most recently had $508,225 in revenue and no employees.
Total revenues
$508,225
2023
Total expenses
$425,699
2023
Total assets
$2,526,796
2023
Num. employees
0
2023

Program areas at The Sorala Foundation

To make more widely available educational resources that will help individuals develop life skills and positive attributes

Grants made by The Sorala Foundation

GranteeGrant descriptionAmount
Congregation Gates of MercyGeneral and Unrestricted$14,000
The Donors FundYaffa and Ezriel Munk Charitable Fund$9,000
AchimGeneral and Unrestricted$6,500
...and 101 more grants made totalling $111,351

Who funds The Sorala Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Educational Endowment Fund$135,300
The Chestnut FoundationPublic Support of Organization Mission$10,000
Martha Kamerman Memorial FoundationTo Provide Assistance To Needy Families$5,000
...and 1 more grant received

Personnel at The Sorala Foundation

NameTitleCompensation
Ezriel MunkPresident$0

Financials for The Sorala Foundation

RevenuesFYE 03/2023
Total grants, contributions, etc.$453,499
Investment income and dividends$5,176
Net rental income$-5,590
Net gain from sale of non-inventory assets$-6,658
Gross sales of inventory$7,308
Miscellaneous revenues$30,000
Total revenues$508,225

Form 990s for The Sorala Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-032024-02-14990PFView PDF
2022-032023-02-15990PFView PDF
2021-032022-02-15990PFView PDF
2020-032022-03-22990PFView PDF
2019-032020-07-21990PRView PDF
...and 8 more Form 990s
Data update history
May 19, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Martha Kamerman Memorial Foundation
December 31, 2023
Received grants
Identified 3 new grant, including a grant for $135,300 from Educational Endowment Fund
June 23, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
617 Caranetta Dr
Lakewood, NJ 08701
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Ocean County, NJ
Phone
(732) 364-9097
IRS details
EIN
20-6186035
Fiscal year end
March
Taxreturn type
Form 990-PF
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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