James Lee Sorenson is Head of the Sorenson Impact Foundation, whose mission is to fund sustainable, scalable endeavours that maximise positive impact on people, families, communities and local economies.
Over his career, Mr Sorenson has built companies in industries ranging from technology and life sciences to real estate and private equity investment. Combining innovative and worthwhile ideas with talented management teams, he has produced growing new enterprises and has been instrumental in developing several new industry categories, including the digital compression software that helped usher in the online video revolution, through Sorenson Media, and video relay services for people who are deaf and hard of hearing, through Sorenson Communications.
Mr Sorenson has also helped establish programmes and organisations that improve the lives of the poor, build regional business communities and train the next generation of entrepreneurial and investment leaders. In addition to supporting self-sustaining charitable enterprises at the foundation, Mr Sorenson donates time, money and energy to institutions that help low-income people become self-sufficient.
In 2013, Mr Sorenson created the Sorenson Impact Center at the David Eccles School of Business at the University of Utah with a $13m endowment. With 25 staff and more than 50 graduate and undergraduate students from the University of Utah and beyond, the centre helps communities in the US and overseas harness private capital, data and innovation to address complex social and public health problems.
Mr Sorenson has served on a variety of community service boards, including the University of Utah’s Board of Trustees, the David Eccles School of Business Board of Trustees, the University Venture Fund, Art Works for Kids, Gallaudet University’s Board of Trustees, the Utah Sports Commission, the National Alliance on Impact Investing and Village Capital, where he currently serves as Chairman of the Board.