Heavensent Foundation

Organization Overview

Heavensent Foundation is located in Los Angeles, CA. The organization was established in 2006. 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. Heavensent 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, Heavensent Foundation generated $401.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $577.9k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 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 2016, Heavensent Foundation has awarded 59 individual grants totaling $2,974,014. 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

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $429,050
Interest on Savings $4,899
Dividends & Interest $5,600
Net Rental Income$0
Net Gain on Sale of Assets -$38,032
Capital Gain Net Income $0
Net ST Capital Gain $2,379
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $401,517

Grants Awarded

Over the last fiscal year, Heavensent Foundation has awarded $573,736 in support to 14 organizations.

Grant RecipientAmount

ORITEL INC

PURPOSE: GENERAL DONATION

$318,186

TREBOL FOUNDATION

PURPOSE: GENERAL DONATION

$200,000

CAMILLUS HOUSE

PURPOSE: GENERAL DONATION

$10,000

CYSTIC FIBROSIS FOUNDATION

PURPOSE: GENERAL DONATION

$10,000

FRIENDS OF FAI THE ITALIAN ENVIRONM

PURPOSE: GENERAL DONATION

$10,000

LOS ANGELES VIRTUOSI ORCHESTRA

Org PageRecipient Profile

Beverly Hills, CA

PURPOSE: GENERAL DONATION

$6,500
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