Sobrato Foundation
98% goes to programs $0 to raise $100 Strong reserves Growing revenue
Sobrato Foundation is a 501(c)(3) organization based in Mountain View, California, registered in 2004, with $12,581,641 in FY2024 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
444 Castro St Ste 140, Mountain View, CA, 94041 EIN 80-0091312 Since 2004
Revenue (FY2024)
$12.6M
▲ 350.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$11.8M
Net assets
$122.7M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Sobrato Foundation: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating125 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sobrato Foundation: 125 mo reserves · +6% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Sobrato Foundation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sobrato Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The sobrato foundation supports nonprofits and social impact organizations serving at-risk and vulnerable members of our community. the foundation also makes investments to support philanthropic activities recommended by individual sobrato family members.
What they do
General nonprofit support: support for local philanthropic and community based organizations
Contact & location
- Address
- 444 Castro St Ste 140, Mountain View, CA, 94041
- City
- Mountain View
- State
- California
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from -$895K (FY2013) to $12.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $413KNet assets $122.7M
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$123.1M
Total liabilities
$413K
Net assets
$122.7M
Salaries & benefits
$0
0% of expenses
Board members
3
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $12,581,641▲351% | $11,771,716▼35.4% | $122,698,305▲0.7% | $123,111,531▼2.4% | 990 |
| 2023 | $2,791,414▼76.0% | $18,229,572▼15.0% | $121,885,183▼11.0% | $126,077,732▼11.7% | 990 |
| 2022 | $11,653,970▲216% | $21,434,039▲1.2% | $136,879,015▼9.7% | $142,743,263▼6.8% | 990 |
| 2021 | $3,690,713▼97.2% | $21,179,677▲142% | $151,589,668▼6.6% | $153,186,156▼8.3% | 990 |
| 2020 | $133,868,377▲2014% | $8,748,887▲172% | $162,242,595▲316% | $166,973,923▲305% | 990 |
| 2019 | $6,331,852▲55.6% | $3,215,027▼96.0% | $38,954,854▲12.6% | $41,195,124▲9.1% | 990 |
| 2018 | $4,068,234▼94.8% | $81,322,446▲2978% | $34,598,648▼71.2% | $37,773,773▼68.6% | 990 |
| 2017 | $78,338,921▲525% | $2,641,943▼19.4% | $120,188,977▲230% | $120,369,338▲229% | 990 |
| 2016 | $12,529,212▲183% | $3,276,126▲9.4% | $36,446,568▲34.2% | $36,639,492▲33.9% | 990 |
| 2015 | $4,433,846▲103% | $2,995,445▼15.1% | $27,150,272▲5.8% | $27,354,417▲5.8% | 990 |
| 2014 | $2,181,551▲344% | $3,528,509▼15.0% | $25,650,770▼5.0% | $25,846,830▼5.0% | 990 |
| 2013 | -$894,709 | $4,151,643▼22.6% | $26,997,797▼14.4% | $27,196,956▼15.1% | 990 |
| 2012 | — | $5,363,797▲809% | $31,557,189▲4.8% | $32,039,958▲5.3% | 990 |
| 2011 | — | $590,119▲105% | $30,106,822▲2.5% | $30,428,455▲2.9% | 990 |
| 2010 | — | $287,674 | $29,373,593 | $29,581,297 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Caretha Coleman | Director (until 12/12/2024) | 0.5 | — |
| D Valentine | Secretary | 0.5 | — |
| John A Sobrato | President | 0.5 | — |
| Max Cuellar | Director | 0.5 | — |
| Nicole Taylor | Treasurer/ceo of Svcf | 0.5 | — |
Top vendors & contractors (FY2022)
| Contractor | Services | Paid |
|---|---|---|
| M&m Building Maintenance | Maintenance Services | $155,551 |
Grants received · $143.5M total
6 grants to Sobrato Foundation totaling $143.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $10,000,000 |
| Real Estate Trust At Silicon Valley Community Foundation | General nonprofit support | 2022 | $7,965,308 |
| Real Estate Trust At Silicon Valley Community Foundation | General nonprofit support | 2021 | $164,423 |
| Real Estate Trust At Silicon Valley Community Foundation | General nonprofit support | 2020 | $48,837,215 |
| Real Estate Trust At Silicon Valley Community Foundation | Transfer of proceeds from sale of property | 2018 | $172,320 |
| Real Estate Trust At Silicon Valley Community Foundation | Grants & community leadership | 2017 | $76,392,875 |
Grants made · $4.1M in FY2024
1 grant totaling $4.1M in FY2024. All grants made by Sobrato Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Silicon Valley Community Foundation | General nonprofit support | $4,100,000 |
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Frequently asked questions
- Is Sobrato Foundation a legitimate nonprofit?
- Yes. Sobrato Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 80-0091312, based in Mountain View, California. Donations are tax-deductible.
- What is Sobrato Foundation's EIN?
- Sobrato Foundation's Employer Identification Number (EIN) is 80-0091312.
- How much revenue does Sobrato Foundation report?
- Sobrato Foundation reported $12,581,641 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Sobrato Foundation's spending goes to programs?
- Sobrato Foundation spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Sobrato Foundation have?
- CharityIndex grades Sobrato Foundation A, based on program efficiency and fundraising cost.
- How much does Sobrato Foundation's highest-paid employee make?
- The highest reported compensation on Sobrato Foundation's latest Form 990 is $0, paid to Caretha Coleman (Director (until 12/12/2024)).
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Data for Sobrato Foundation (EIN 80-0091312) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.