Love Foundation Inc is located in Kentfield, CA. The organization was established in 1945. 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. Love 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 05/2023, Love Foundation Inc generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $17.3k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Love Foundation Inc has awarded 287 individual grants totaling $124,678. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William K Love President | 0 | $0 | |
Victoria Love Vice President | 0 | $0 | |
Diane Love Vp/asst Secy | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,170 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,505 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,393 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $627 |
| Total operating and administrative expenses | $5,770 |
| Contributions, gifts, grants paid | $11,546 |
| Total expenses and disbursements | $17,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Love Foundation Inc has awarded $11,546 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
BARNARD COLLEGE FUND PURPOSE: GENERAL | $1,100 |
WNYCWQXR RADIO PURPOSE: GENERAL | $389 |
CARE USA PURPOSE: GENERAL | $157 |
SALVATION ARMY PURPOSE: GENERAL | $100 |
CENTRAL PARK CONSERVATORY PURPOSE: GENERAL | $250 |
NYPLIBRARY PURPOSE: GENERAL | $50 |