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Florida · Nonprofit

SoGaL Foundation

SoGaL Foundation (Florida) receives grants from 11 organizations whose IRS filings report $837,760 to it, the largest being WAL-MART FOUNDATION ($450,000). 3 of them have funded it in more than one year.

Revenue FY2022
$421k
Funders on record
11
Grants received
$838k
Net assets
$563k
3/11 repeat fundersgrants exceed reported revenue in one year
01What it does

What SoGaL Foundation does

Mission

To close the diversity gap in entrepreneurship and venture capital

As stated on its FY2022 Form 990.

Program

  1. Our regular webinar series and a series of in-person trainings provides training and mentorship for junior women beginning their careers in Venture Capital (VC) and angel investing to ask questions and get advice in a candid, safe setting. As a result, through these educational trainings, the Foundation will educate and galvanize diverse future investors, who will in turn invest at least $1.5M+ in underrepresented founders. The Foundation is hosting our third annual global competition for female and underrepresented founders with multiple regional rounds, and a three-day immersive bootcamp for the cohort of global finalists. The Foundation is providing the unique opportunity for underrepresented founders to compete in multiple rounds and learn in an immersive educational bootcamp, with an exclusive opportunity for exposure and feedback. This educational initiative and publicity has the potential to result in VC feedback and a chance to secure funding which aids female-owned businesses, which are a minority in the VC world. The Foundation hosts 12 online fireside chats on often-ignored systemic issues such as societal expectations & pressures of marriage, fertility & childcare, and…

    $110,530 spentof which $60,000 as grants
    100% of program spending

The program described on its FY2022 Form 990. Program spending in total: $110,530.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($1.0M) Expenses 100 ($114k) Net assets 100 ($920k)2019 Revenue 22 ($232k) Expenses 350 ($399k) Net assets 82 ($753k)2020 Revenue 50 ($512k) Expenses 668 ($760k) Net assets 55 ($505k)2021 Revenue 29 ($303k) Expenses 382 ($435k) Net assets 40 ($373k)2022 Revenue 41 ($421k) Expenses 202 ($230k) Net assets 61 ($563k)
20182019202020212022
Revenue (41)Expenses (202)Net assets (61)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $510k to $823k (+61%).

$920k
$755k
$510k
$823k
$713k
20182019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 11%. Grants only. Government contracts and fees sit inside program revenue.

100% of SoGaL Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$920k
’18
−$167k
’19
−$248k
’20
−$133k
’21
$191k
’22
35
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20182019202020212022
Listed66666
Joined·+1+1+0+1
No longer listed·1101
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $75k → $99.

5 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SoGaL Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SoGaL Foundation leans on a few funders — its largest provides 54% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

54%
largest funder
91%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 73% · 2021 89% · 2022 83% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

14% of SoGaL Foundation's funders are still giving 3 years after their first grant; 27% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

SoGaL Foundation draws 100% of its grant income from funders outside Florida, across 6 states in all.

IL
WI
NY
WY
MO
AR

In-state vs out-of-state, by year

’19
’20
’21
’22
Florida out of state home

Funder states come from each funder’s own filing. $127k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SoGaL Foundation runs a healthier operating margin than three-quarters of the 19,715 education nonprofits its size.

Operating margin45% · top quartile
Months of reserve34.7mo · top quartile
Revenue growth (annualized)−20% · bottom quartile

this organization peer median middle 50% of peers· 19,715 education nonprofits $100k–$1M, FY2022

Organizations like SoGaL Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

48% of spending goes to programs.

Program 48%Management 52%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

76%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Sogal Ventures LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for SoGaL Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SoGaL Foundation?
SoGaL Foundation (Florida) receives grants from 11 organizations whose IRS filings report $837,760 to it, the largest being WAL-MART FOUNDATION ($450,000). 3 of them have funded it in more than one year.
How many funders does SoGaL Foundation have?
IRS filings report 11 organizations giving $837,760 in grants to SoGaL Foundation, 3 of which have funded it in more than one year.
Who is the largest funder of SoGaL Foundation?
WAL-MART FOUNDATION is the largest funder on record, with $450,000 in grants. The full list of funders is on this page.
How can an organization like SoGaL Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2018–2022), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing