Humangood Foundation West

Organization Overview

Humangood Foundation West is located in Duarte, CA. The organization was established in 1969. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Humangood Foundation West 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, Humangood Foundation West generated $8.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. While expenses have increased by 3.1% 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 2015, Humangood Foundation West has awarded 38 individual grants totaling $11,211,744. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP OLDER ADULTS LIVE THEIR BEST LIVES POSSIBLE, HOWEVER THEY DEFINE IT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY PURPOSE OF HUMANGOOD FOUNDATION WEST (THE "FOUNDATION") IS TO DEVELOP, INVEST AND ADMINISTER FUNDS TO PROVIDE RESIDENTIAL AND NURSING HOME CARE ON BEHALF OF THE RESIDENTS OF FACILITIES OF HUMANGOOD NORCAL AND CERTAIN OF ITS AFFILIATES, WHICH ARE RELATED 501(C)(3) ORGANIZATIONS. THE FOUNDATION'S PRINCIPAL ACTIVITY IS TO ADMINISTER SUCH FUNDS UNDER TRUST AGREEMENTS. THE FOUNDATION MANAGES DONATED INVESTMENT FUNDS FOR HUMANGOOD NORCAL, HUMANGOOD WASHINGTON DBA JUDSON PARK, HUMANGOOD ARIZONA, INC. DBA TERRACES OF PHOENIX, HUMANGOOD NEVADA DBA LAS VENTANAS, HUMANGOOD IDAHO DBA TERRACES OF BOISE, AND HUMANGOOD FRESNO DBA TERRACES AT SAN JOAQUIN GARDENS WHICH ARE RELATED 501(C)(3) ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Carolyn Downey
Chair
$0
Charlotte Martinelli
Secretary
$0
William G Young Jr
Vice Chair
$0
Bethany Ghassemi
Chief Legal Officer
$0
Andrew Mcdonald
Chief Financial Officer
$0
Fleming Meng
Chief Information Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$450,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,905,507
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,355,507
Total Program Service Revenue$0
Investment income $1,551,458
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,608,440
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,515,405

Grants Awarded

Over the last fiscal year, Humangood Foundation West has awarded $1,495,608 in support to 6 organizations.

Grant RecipientAmount

Duarte, CA

PURPOSE: SUPPORT OF BENEVOLENCE NEEDS

$779,414

Duarte, CA

PURPOSE: SUPPORT OF BENEVOLENCE NEEDS

$257,962

HUMANGOOD CORNERSTONE

Org PageRecipient Profile

Duarte, CA

PURPOSE: CAPITAL CONTRIBUTION

$149,250

HUMANGOOD WASHINGTON

Org PageRecipient Profile

Duarte, CA

PURPOSE: SUPPORT OF BENEVOLENCE NEEDS AND CAPITAL CONTRIBUTION

$143,643

HUMANGOOD ARIZONA

Org PageRecipient Profile

Duarte, CA

PURPOSE: SUPPORT OF BENEVOLENCE NEEDS AND CAPITAL CONTRIBUTION

$134,084

Duarte, CA

PURPOSE: SUPPORT OF BENEVOLENCE NEEDS

$31,255
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Humangood Foundation West has recieved totaling $502,600.

Awarding OrganizationAmount
Humangood Norcal

Duarte, CA

PURPOSE: OVERHEAD COST SUBSIDIZATION

$450,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$30,300
Thrivent Charitable Impact & Investing

Appleton, WI

PURPOSE: GRAND LAKE GARDENS LANDSCAPE PROJECTS

$22,300
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,746,000
Earnings$611,000
Net Contributions$3,208,000
Grants$2,904,000
Ending Balance$12,661,000

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