John Gogian Family Foundation

Organization Overview

John Gogian Family Foundation is located in Torrance, CA. The organization was established in 1982. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Gogian Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, John Gogian Family Foundation generated $19.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 69.7% each year . All expenses for the organization totaled $5.1m during the year ending 12/2021. While expenses have increased by 20.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, John Gogian Family Foundation has awarded 308 individual grants totaling $11,815,738. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP PROGRAMSTUDENTS ARE TO BE SELECTED BY THE SCHOLARSHIP COMMITTEE


SCHOLARSHIP PROGRAMSTUDENTS ARE TO BE SELECTED BY THE SCHOLARSHIP COMMITTEE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $18,737,206
Interest on Savings $138
Dividends & Interest $262,287
Net Rental Income$0
Net Gain on Sale of Assets $693,941
Capital Gain Net Income $693,941
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $19,693,572

Grants Awarded

Over the last fiscal year, John Gogian Family Foundation has awarded $3,894,287 in support to 79 organizations.

Grant RecipientAmount

RICHSTONE FAMILY CENTER

PURPOSE: LEGACY GRANT, RESTRICTED FOR MORTGAGE PAYOFF

$852,787

MY FRIEND'S PLACE

PURPOSE: ANNUAL GRANT FOR GENERAL OPERATING SUPPORT

$95,000

ABLE ARTS WORK

PURPOSE: ANNUAL GRANT FOR GENERAL OPERATING SUPPORT

$95,000

LINCOLN TRAINING CENTER

PURPOSE: ANNUAL GRANT FOR GENERAL OPERATING SUPPORT

$95,000

MYCHAL'S LEARNING PLACE

Org PageRecipient Profile

Hawthorne, CA

PURPOSE: ANNUAL GRANT FOR GENERAL OPERATING SUPPORT

$95,000

Culver City, CA

PURPOSE: ANNUAL GRANT FOR GENERAL OPERATING SUPPORT

$95,000
View Grant Profile

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