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Sobrato Family Foundation

Profile

Last Updated: 2016-05-29

At A Glance

Sobrato Family Foundation

10600 N. De Anza Blvd., Ste. 200

Cupertino, CA United States 95014-2059

Telephone: (408) 446-0700

URL: www.sobrato.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $218,593,058

Total giving: $11,541,024

EIN

770348912

BRIDGE Number

1515249986

Background

Established in 1996 in CA - Founded by John A. Sobrato and members of the Sobrato family. John A. Sobrato also founded Sobrato Development Companies, a well known Silicon Valley development firm with expertise in commercial and residential real estate John A. and Susan Sobrato, and John Michael Sobrato have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy

Purpose and Activities

The foundation is dedicated to helping to create and sustain a strong and vibrant community where all Silicon Valley residents have an equal opportunity to live, work, and be enriched. To accomplish its purpose, the foundation invests in strong community-based organizations that promote self-reliance and economic independence, and positively contribute to the quality of life for economically, physically, and emotionally challenged individuals.

Fields of Interest

Subjects
  • Community and economic development
  • Economic development
  • Education
  • Foundations
  • Health
  • Human services
  • Youth development
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Community foundations

Financial Data

Year ended 2014-12-31

Assets: $218,593,058 (market value)

Gifts received: $29,827,626

Expenditures: $17,694,766

Total giving: $11,541,024

Qualifying distributions: $15,433,708