2020-11-16T14:43:00-08:00 2019-12-31 990PF 2019-01-01 453203840 Sorenson Impact Foundation SORE 8014901013 2755 E Cottonwood Pkwy Salt Lake City UT 84121 Paul Ludlow Secretary 2020-11-16 2019 2021-04-22 16:20:28Z X 154355196 X X 12 2327686 2118663 7138311 32441200 6396363 536252 672377 10002249 9187415 290269 290269 14762 14762 38876 38876 71776 397923 390905 128839 3998 75701 191 28551 1046888 394903 343907 855 855 1047743 394903 344762 8954506 8792512 13905 318312 318312 8386501 4748870 4748870 5910215 7849228 7849228 48766783 48177457 48177457 4156520 5853843 5853843 72497780 87407486 87407486 2558 139731704 154357754 154355196 29569 2904 29569 2904 X 139702135 154354850 139702135 154354850 139731704 154357754 139702135 8954506 5698209 154354850 154354850 Publicly traded securities P 32262474 25702814 6559660 6559660 468 IAA Inc P 2019-12-20 2019-12-24 21888 22322 -434 -434 Unitus Equity Fund P 2008-01-20 2019-12-31 2558 165855 -163297 -163297 Wash Sale 434 6396363 false 3877431 111826156 0.03467 5053778 110818199 0.04560 5363861 103697123 0.05173 3130213 101339091 0.03089 3231387 100954740 0.03201 0.194901 0.038980 119205884 4646645 87925 4734570 2172040 175850 175850 175850 203981 203981 28131 28131 false false false false false false false true true UT true false false false false true sorensonimpactfoundation.org Jim Sorenson 8014901013 2755 E Cottonwood Pkwy 500 Salt Lake City UT 84121 false false false true true false false false false false true false false false false false false true false false true false false false false James Lee Sorenson 2755 E Cottonwood Pkwy 500 Salt Lake City UT 84121 Director 10.00 0 Krista Sorenson 2755 E Cottonwood Pkwy 500 Salt Lake City UT 84121 Director 5.00 0 Luke Sorenson 3400 N Ashton Boulevard Lehi UT 84043 Director 1.00 0 Lindsay Zizumbo 840 E 17th Ave Salt Lake City UT 84103 Chief of Staff 40.00 105787 6512 Meredith Shields 3816 Windom Place NW Washington DC 20016 Program Manager 40.00 132244 8250 Sorenson Associates The Pointe LLC 2755 E Cottonwood Pkwy 500 Salt Lake City UT 84121 Accounting & tax 67278 Sepio Capital 50 California Street Suite 3525 San Francisco CA 94111 Investment advice 390905 University Venture Fund II: Promoting community development in low and moderate income neighborhoods as well as positive charitable, educational, scientific, and/or environmental impact 548000 Sanivation: Developing technologies to managing sludge for the purposes of increasing health and safety to Kenyans living in poor and underprivileged areas. 250000 1029278 1827278 67927573 5328668 47764961 121021202 0 121021202 1815318 119205884 5960294 5960294 175850 175850 5784444 269468 6053912 6053912 344762 1827278 2172040 2172040 6053912 1921439 2172040 1921439 0 250601 5803311 X Bhagwandas Retail Private LTD House of Lal10 C15 Block C Noida Sector 65 IN 201301 Financial assistance for placement agency 855 855 14 2327686 531390 18 7138311 Passthrough Investments 14 536252 10002249 10002249 false false false false false false false false false true Friends of Art Works 501(c)(4) Sorenson Impact Foundation shares a common director with Friends of Art Works for Kids Accounting & Tax 71776 0 0 0 Owl Ventures: Addressing problems associated with poor learning achievement outcomes and increasing educational opportunities. 35000 Elevar Equity: Developing essential products and services for disconnected communities in Latin America and Asia. 34500 VilCap Investments: Investing in companies that enable positive social and/or environmental impact such as: clean energy, increasing access to education and healthcare, and improving livelihoods of underprivilged populations. 18189 Massachusetts Pathways: Increasing access to vocational english classes and skills training to uderprivileged populations 76549 Eleos Social Venture Fund: Improving sanitation, healthcare, education, energy, water and rural livlihoods in east Africa 81250 Capria: Creation of early-stage impact investment funds in emerging markets with the ability to improve the lives of low-income individuals 175000 Unitus Seed Fund: Promoting economic self-reliance, education, and access to life necessities 25000 Omnivore Partners: Alleviating poverty, supporting higher wages, and improving livelihoods in developing economies 40665 Salt Lake County Pay for Success: Low interest loan to Salt Lake County for projects attempting to resolve homelessness and recitivism. 43125 Sevamob: Delivering healthcare services and related technology to underserved populations for improving access to safe and high quality healthcare 250000 ThinkMD: Developing technology to improve the health of poor and underpriviliged communities by empowering local healthcare providers to make more accurate diagnoses. 250000 Sepio Capital Sepio Capital provides investment management services and advice. Compensation is determined at arms length and is reasonable based on fair value of the services received. Sorenson Associates The Pointe LLC Sorenson Associates provides accounting and tax related services for the foundation. Compensation is reasonable based on fair value of the services provided. Goldman Sachs Group Note 137436 137436 AT&T Inc May 2018 126419 126419 Apple Inc Note 311620 311620 Morgan Stanley Note 120958 120958 American Express Note 137995 137995 Bank America Corp Apr 2024 189189 189189 CVS Health Corp Mar 2025 135574 135574 Citigroup Inc Note 205606 205606 Comcast Corp Mar 2026 195897 195897 General Mls Inc Dec 2021 117740 117740 Home Depot Inc Note 195027 195027 International Fin Corp Bond 259014 259014 JP Morgan Chase Note 196267 196267 Lowes Cos Inc Note 181840 181840 Marsh & Mclennan Cos Inc Note 87343 87343 Medtronic Inc Note 43587 43587 Oracle Corp Note 137204 137204 Sanofi Note 171152 171152 Shell international Fin BV Note 207576 207576 Statoil ASA Jan 2023 143766 143766 Toronto Dominion Bank Note 186281 186281 Total Capital SA Note 137111 137111 UnitedHealth Group Note 210739 210739 Verizon Communications Note 118343 118343 Abbvie Inc Note 138382 138382 Anthem Inc Note 143374 143374 Bank New York Mellon Note 207893 207893 John Deere Note 208223 208223 Enbridge Inc Note 67089 67089 Merck & Co Note 207890 207890 Microsoft Corp Note 281830 281830 Nexterra Energy Cap Bond 138761 138761 PNC Fincial Services Note 138913 138913 Schlumberger Invt SA Note 137963 137963 United Parcel Service Inc Note 162650 162650 Waste Management Inc Note 67191 67191 Publicly traded securities (see stmt) 48177457 48177457 5435459 5435459 2413769 2413769 Program-related investments AT COST 13761190 13761190 Accrued interest - PRI AT COST 531677 531677 Blackstone Strategic Partners FMV 160024 160024 CSP III Distressted Opportunities FMV 166048 166048 Czech II Senior Loan Trust FMV 23020 23020 GSO Mezzanine Finance Fund FMV 205005 205005 SLP IV Technology Fund FMV 616440 616440 Privately-held securities FMV 71013007 71013007 LS Real Estate Recoverty IV Trust FMV 86182 86182 Czech III Senior Loan Trust FMV 574168 574168 Turner-Agassi Educational Facilities FMV 270725 270725 Legal 38876 0 0 38876 LP Distribution Receivable 2558 Bank charges 239 Dues & subscriptions 18178 Insurance 481 IT services 3372 Licenses & fees 1368 Postage 365 Storage 1641 Supplies 851 Telephone 2056 Passthrough Investments 536252 672377 HR services 7000 0 0 0 Investment management 390905 390905 0 0 Public relations 18 0 0 0 Federal income taxes 103000 Foreign taxes 3998 3998 Payroll taxes 21581 State taxes 260