Private Foundation

Sorenson Impact Foundation

Based in Salt Lake City, UT, Sorenson Impact Foundation operates as a Private Foundation. The organization reported $4.6M in revenue, $5.3M in expenses, $140.2M in total assets for fiscal year 2024. Imperigo tracks 74 reported grants from this foundation totaling approximately $15.3M.

EIN: 453203840 Salt Lake City, UT Latest filing: 2024
Total Revenue$4.6M
Total Expenses$5.3M
Total Assets$140.2M
Grants Given74
Grant Total$15.3M
Filing Years2019–2024

Sample Grants Given

Realize Impact
Bainbridge Island, WA · 2024
Philantrhopic investment grant for affordable home ownership
$1,000,000
University of Utah
Salt Lake City, UT · 2024
Impact investing student program; general support
$638,000
Lafayettte Square Foundation
Miami, FL · 2024
Support for projects creating equitable wealth including employee ownership
$375,000
Rutgers University
New Bruswick, NJ · 2024
Education and research in the area of emloyee ownership and profit sharing models
$250,000
The Aspen Institute
Washington, DC · 2024
Neiborhood real estate ownership project and employee ownership project
$250,000

Showing up to 5 of 74 total records — full history available with membership.

Officers & Directors

Director James Lee Sorenson
Director Krista Sorenson
Director Luke Sorenson
CFO & Secretary Paul Ludlow

Officer compensation and complete director data available with membership.

Top Grant Purposes

Impact investing student program; general support
$2,163,000 3 grants
Epicenter building capital campaign
$2,000,000 1 grant
Philantrhopic investment grant for affordable home ownership
$1,000,000 1 grant
Impact investing program; opportunity zone program; sponsor Innovation Summit
$850,000 2 grants
Impact investing program; & TA grant
$775,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.6M $5.3M $140.2M
2023 $2.2M $4.1M $142.1M
2022 $2.4M $6.2M $142.2M
2020 $8.0M $4.4M $156.7M
2019 $10.0M $1.0M $154.4M

Between 2019 and 2024, reported annual revenue declined from $10.0M to $4.6M (-54%), with total assets most recently reported at $140.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, FL, GA, IL, KY, and 4 other states.

CADCFLGAILKYMANJNYPA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Sorenson Impact Foundation

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