Oberfeld Charitable Foundation Inc
- Assets
- $611.3k
- Revenue
- $8.1k
- Investments
- $592.6k
- Employees
- 0
- Location
- Beverly Hills, CA
- Founding
- 07/2004
- Data as of
- 12/2022
- EIN
- 20-1161425
Organization Overview
Oberfeld Charitable Foundation Inc is located in Beverly Hills, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Oberfeld Charitable 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, Oberfeld Charitable Foundation Inc generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $74.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Oberfeld Charitable Foundation Inc has awarded 45 individual grants totaling $149,785. 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 |
|---|---|---|---|
Ber Oberfeld Pres, Scty, Treasurer | 6 | $0 | |
Raquel Oberfeld V Pres | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,354 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,265 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35 |
| Total Revenue | $8,124 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $216 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,466 |
| Contributions, gifts, grants paid | $71,320 |
| Total expenses and disbursements | $74,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,598 |
| Savings and temporary cash investments | $12,054 |
| 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 | $611,286 |
| 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 |
Grants Awarded
Over the last fiscal year, Oberfeld Charitable Foundation Inc has awarded $71,320 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CEDARS SINAI MEDICAL CENTER PURPOSE: MEDICAL COM SVC/RESEARCH | $2,000 |
JEWISH FEDERATION PURPOSE: SOCIAL/RELIGIOUS PGMS | $18,000 |
LA PHILHARMONIC ASSOCIATION PURPOSE: MUSIC ENRICHMENT | $2,000 |
MASORTI FOUNDATION FOR CONSERVATIVE PURPOSE: RELIGIOUS/SOCIAL PGMS | $500 |
SINAI TEMPLE PURPOSE: RELIGIOUS/SOCIAL PGMS | $10,360 |
THE SALVATION ARMY PURPOSE: CHARITABLE | $500 |