funder logo

JOSEPH AND KATHLEEN SORENSON LEGACY FOUNDATION

JOSEPH AND KATHLEEN SORENSON LEGACY FOUNDATION

Salt Lake City, UT, US
501(c)3
EIN
83-2297329
Private Foundation
Family Foundation
Regional Funder
funder logo

JOSEPH AND KATHLEEN SORENSON LEGACY FOUNDATION

Salt Lake City, UT, US
501(c)3
EIN
83-2297329
Private Foundation
Family Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$5,461,459

Other
64%
Investments
36%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$4,998,749

Grants
75%
Fees to Service Providers
14%
Other
7%
Depreciation
4%
Salaries & Benefits
1%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,981,863
$1,960,827
-1%
Other
-$444,394
$3,500,632
-888%
Total Revenues
$1,537,469
$5,461,459
+255%
Expenses
2023
2024
Change
Grants
$3,108,000
$3,736,000
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$56,000
$56,000
+0%
Fees to Service Providers
$705,061
$690,926
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$180,432
$185,540
+3%
Other
$296,966
$330,283
+11%
Total Expenses
$4,346,459
$4,998,749
+15%
Net income
2023
2024
Change
Net income
-$2,808,990
+$462,710
-116%
Income Statement
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