G And R Loeb Foundation Inc
- Assets
- $473.6k
- Revenue
- $288.3k
- Investments
- $348.4k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/1961
- Data as of
- 09/2023
- EIN
- 13-6121546
Organization Overview
G And R Loeb Foundation Inc is located in Los Angeles, CA. The organization was established in 1961. 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. G And R Loeb 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 09/2023, G And R Loeb Foundation Inc generated $288.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.4% each year . All expenses for the organization totaled $320.5k during the year ending 09/2023. While expenses have increased by 39.9% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE G & R LOEB FOUNDATION, IN CONJUNCTION WITH THE ANDERSON SCHOOL AT UCLA, OVERSEES THE SUBMISSION, PROCESSING AND JUDGING OF ENTRIES FOR TWELVE AWARDS FOR DISTINGUISHED JOURNALISM (PRINT, BROADCAST AND ONLINE FORMATS), PLUS TWO CAREER ACHIEVEMENT AWARDS. THE JUDGING IS DONE BY A PANEL OF INDIVIDUALS, INCLUDING FACULTY MEMBERS OF THE ANDERSON SCHOOL OF UCLA. THE DEAN OF THE ANDERSON SCHOOL SERVES AS CHAIRMAN OF THE FINAL JUDGING PANEL. SEE STATEMENT 14 FOR AWARD AND QUALIFICATION DETAILS.
THE G & R LOEB FOUNDATION ORGANIZES AND CONDUCTS AN ANNUAL AWARDS BANQUET FOR THE WINNERS OF THE DISTINGUISHED JOURNALISM AWARDS IN PRINT, BROADCAST, ONLINE AND CAREER ACHIEVEMENT. AWARD WINNERS ARE HONORED IN FOURTEEN CATEGORIES AND SOME PARTICIPANTS MAY BE SELECTED AND RECOGNIZED FOR HONORABLE MENTION. THE 2023 AWARDS BANQUET WAS HELD IN PERSON ON SEPTEMBER 28, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antonio Bernardo Chairman | 0.5 | $0 | |
Patricia Godefroy Vice President | 1 | $0 | |
Jonathan Daillak Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $110,459 |
| Interest on Savings | $4,740 |
| Dividends & Interest | $5,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,555 |
| Capital Gain Net Income | $32,555 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $135,164 |
| Total Revenue | $288,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $725 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $23,104 |
| Printing and publications | $12,658 |
| Other expenses | $233,338 |
| Total operating and administrative expenses | $296,991 |
| Contributions, gifts, grants paid | $23,487 |
| Total expenses and disbursements | $320,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,591 |
| 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 | $80,598 |
| Total assets | $473,575 |
| Accounts payable and accrued expenses | $119,779 |
| 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 |
| Total liabilities | $119,781 |
Grants Awarded
Over the last fiscal year, G And R Loeb Foundation Inc has awarded $23,487 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ALL OTHERS AWARDS 500 OR SMALLER PURPOSE: IN RECOGNITION FOR DISTINGUISHED BUSINESS AND FINANCIAL JOURNALISM. | $17,487 |
ALYSSA BENNETT ROSENBERG PURPOSE: IN RECOGNITION FOR DISTINGUISHED BUSINESS AND FINANCIAL JOURNALISM. | $2,000 |
TERRENCE MCCOY PURPOSE: IN RECOGNITION FOR DISTINGUISHED BUSINESS AND FINANCIAL JOURNALISM. | $2,000 |
ANDREW G GREENBERG PURPOSE: IN RECOGNITION FOR DISTINGUISHED BUSINESS AND FINANCIAL JOURNALISM. | $2,000 |