Foroulis Private Foundation The
- Assets
- $17.9m
- Revenue
- $1.4m
- Investments
- $16.4m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 20-7438469
Organization Overview
Foroulis Private Foundation The is located in Las Vegas, NV. The organization was established in 2009. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Foroulis Private Foundation The 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, Foroulis Private Foundation The generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 68.3% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 62.3% 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, Foroulis Private Foundation The has awarded 85 individual grants totaling $1,925,000. 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 |
|---|---|---|---|
Sarah English Trustee | 6 | $40,000 | |
Thomas E Dolin ESQ Trustee | 6 | $40,000 | |
Eileen Booth ESQ Trustee | 6 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28 |
| Dividends & Interest | $453,776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $902,939 |
| Capital Gain Net Income | $902,939 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,356,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,996 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $299,260 |
| Contributions, gifts, grants paid | $885,000 |
| Total expenses and disbursements | $1,184,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,962 |
| Savings and temporary cash investments | $1,290,018 |
| 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 | $16,383,120 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,877,100 |
| Accounts payable and accrued expenses | $25 |
| 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 | $25 |
Grants Awarded
Over the last fiscal year, Foroulis Private Foundation The has awarded $885,000 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S ADVOCACY CENTER - LAS VEGAS PURPOSE: PROGRAM SUPPORT | $50,000 |
CAPITAL DISTRICT WOMAN'S BAR ASSOC PURPOSE: PROGRAM SUPPORT | $40,000 |
Los Angeles, CA PURPOSE: PROGRAM SUPPORT | $30,000 |
Detroit, MI PURPOSE: PROGRAM SUPPORT | $30,000 |
SHARED HOPE INTERNATIONAL PURPOSE: PROGRAM SUPPORT | $30,000 |
Chicago, IL PURPOSE: PROGRAM SUPPORT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |
Burton Family Foundation Phoenix, AZ | $142,839,047 | $129,470,588 |
The Reddere Foundation CO Silicon Valley Community Foundation C/O Silicon Valley Community Foundation Mountain View, CA | $1,000 | $363,994 |
California State University Foundation Long Beach, CA | $50,863,822 | $7,787,647 |
Friends Of South Central Losangeles Regional Center For Develop Los Angeles, CA | $80,196,128 | $6,156,555 |
The James B Mcclatchy Foundation Sacramento, CA | $57,491,792 | $3,443,288 |
Sparkjoy Foundation Salt Lake City, UT | $86,245,916 | $12,155,838 |
Bernard A Newcomb Foundation Mountain View, CA | $29 | $26,230 |