Calvin K Kazanjian Economics Foundation Inc
- Assets
- $7.7m
- Revenue
- $200.6k
- Investments
- $7.5m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 01/1949
- Data as of
- 12/2022
- EIN
- 06-0665174
Organization Overview
Calvin K Kazanjian Economics Foundation Inc is located in Scottsdale, AZ. The organization was established in 1949. 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. Calvin K Kazanjian Economics Foundation Inc 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 12/2022, Calvin K Kazanjian Economics Foundation Inc generated $200.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $401.9k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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 2015, Calvin K Kazanjian Economics Foundation Inc has awarded 69 individual grants totaling $1,339,800. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Zee Managing Dtr | 10 | $60,000 | |
Michael A Macdowell Trustee | 1 | $0 | |
Scott Wolla Trustee | 1 | $0 | |
Calvin Lloyd Elston Trustee | 1 | $0 | |
Richard Lloyd Elston Pres. / Treas. | 1 | $0 | |
John F Van Gorder Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $167,743 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,814 |
| Capital Gain Net Income | $34,243 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,557 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,000 |
| Printing and publications | $0 |
| Other expenses | $11,187 |
| Total operating and administrative expenses | $79,935 |
| Contributions, gifts, grants paid | $322,000 |
| Total expenses and disbursements | $401,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,512 |
| Savings and temporary cash investments | $176,984 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,492,861 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,696,357 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,380 |
| Total liabilities | $2,380 |
Grants Awarded
Over the last fiscal year, Calvin K Kazanjian Economics Foundation Inc has awarded $322,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: ENTREPRENEURS OF COLOR PROGRAM COLLABORATION | $36,500 |
AMELIA PARK CHILDREN'S MUSEUM PURPOSE: SUPPORT THE PIGGY BANK PROJECT | $35,000 |
Providence, RI PURPOSE: SUPPORT FOR "EVERDAY ECONOMICS: A PRACTICAL FINANCE AND ECONOMICS CURRICULUM FOR ADULT BA COMPLETERS" | $32,500 |
Phoenix, AZ PURPOSE: SUPPORT "ECONOMICS OF CONSERVATION!" PROJECT | $26,000 |
Newton, MA PURPOSE: SUPPORT $UPERSQUAD PROJECT | $25,000 |
GENERATION PATIENT PURPOSE: SUPPORT HEALTH ECONOMIC EDUCATION FOR YOUNG ADULTS WITH CHRONIC CONDITIONS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |
Benificus Foundation San Carlos, CA | $13,481,294 | $1,960,393 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
The Energy Foundation San Francisco, CA | $108,278,429 | $83,158,939 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |