The 'Sofi' foundation has come under scrutiny after investing over two million euros in bonds linked to the 'Sun Finance Group', a consumer crediting company founded by one of its founders. This financial decision has prompted the State Revenue Service of Latvia to evaluate the organization's right to maintain its public benefit status. The Public Benefit Commission identified this investment as a potential violation, recommending that the revenue service revoke Sofi's status, although no final decision has been made yet.

Over the last five years, the charity has managed to execute 250 projects and has donated approximately one million euros towards animal protection and support for Ukraine, positioning itself as one of the largest private charitable organizations in Latvia. However, annual reports from the foundation indicate that the donations received have significantly exceeded the amounts spent on charitable activities, leading to questions regarding the transparency of its financial operations.

Furthermore, the close ties between one of the fund's founders and the 'Sun Finance' crediting company, along with the contributions from major donors associated with the firm, raise red flags about potential conflicts of interest and the foundation’s adherence to its stated mission of serving public benefit. With the controversy surrounding its investments and the ongoing evaluation by authorities, the future of the 'Sofi' foundation's public benefit status remains uncertain, potentially impacting its operations and public image in Latvia.