SOGAL FOUNDATION
131 Fifth Avenue702, New York, NY 10003 www.iamsogal.com

Total Revenue
$231,849
Total Expenses
$399,049
Net Assets
$753,275

Organizations Filed Purposes: TO CLOSE THE DIVERSITY GAP IN ENTREPRENEURSHIP AND VENTURE CAPITAL

to close the diversity gap in entrepreneurship and venture capital

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 second 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 eldercare, reaching more than 1,200 diverse entrepreneurs. The webinar participants learn new ways to cope with the stresses entrepreneurs face, a stronger understanding of their finances, or additional confidence in speaking to media. The Foundation hosts mental health, financial literacy, and media training educational webinars reaching more than 2,400 diverse entrepreneurs. Webinars may be accompanied by in person events facilitated by Facebook live. The webinar participants will learn new strategies & resources to strengthen resilience despite the often ignored systemic issues, societal expectations, and family responsibility pressures. The Foundation's SoGal Chapters of hyper-local micro communities of diverse entrepreneurs will expand to 11 additional US cities from the 12 cities where they are now located. By EOY 2020, at least 2000 diverse entrepreneurs will participate in 11 new US Foundation community initiatives, benefiting from a peer network of entrepreneurs and focused, curated, and efficient educational content. The Foundation's SoGal chapter leads will host 250+ local educational nitiatives across the world to support diverse entrepreneurs within communities they're already based in. Chapter Leads will organize and host at least 250+ local in-person educational events to cultivate entrepreneurial skills learning, networking and connections. Initiatives across the world to support diverse entrepreneurs within communities they're already based in. Chapter Leads will organize and host at least 250+ local in-person educational events to cultivate entrepreneurial skills learning, networking and connections.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Kelly Henryglobal executive director40$77,226
Taylor Hebblemember5$5,000
Calanthia Meimember5$5,000
Elaine TruongMEMBER5$5,000
Elizabeth Galbut PerelMEMBER5$5,000
Yiqing Pocket SunMEMBER5$5,000

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023219349316312_public.xml