Arata Bros Trust
- Assets
- $3.2m
- Revenue
- $360.9k
- Investments
- $184.1k
- Employees
- 0
- Location
- Carmichael, CA
- Founding
- 12/1971
- Data as of
- 12/2021
- EIN
- 23-7204615
Organization Overview
Arata Bros Trust is located in Carmichael, CA. The organization was established in 1971. 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. Arata Bros Trust 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, Arata Bros Trust generated $360.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $513.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Arata Bros Trust has awarded 93 individual grants totaling $2,068,711. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO NEIGHBORHOOD 501(C)3 ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Matson Sewell Trustee | 50 | $50,000 | |
Lisa Malvini Trustee | 10 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $10,643 |
| Net Rental Income | $265,755 |
| Net Gain on Sale of Assets | $2,062 |
| Capital Gain Net Income | $2,062 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $42 |
| Total Revenue | $360,901 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $68 |
| Depreciation | $45,611 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,140 |
| Total operating and administrative expenses | $163,799 |
| Contributions, gifts, grants paid | $349,533 |
| Total expenses and disbursements | $513,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,600 |
| Savings and temporary cash investments | $1,221,868 |
| 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 | $195,623 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $184,082 |
| Net Land, buildings, and equipment | $1,482,349 |
| Other assets | $0 |
| Total assets | $3,190,522 |
| 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, Arata Bros Trust has awarded $349,533 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Sacramento, CA PURPOSE: NON RESTRICTED USE | $133,450 |
SIERRA NEVADA JOURNEYS PURPOSE: NON RESTRICTED USE | $66,053 |
TEACH FOR AMERICA PURPOSE: NON RESTRICTED USE | $50,000 |
IMPROVE YOUR TOMORROW PURPOSE: NON RESTRICTED USE | $43,000 |
Sacramento, CA PURPOSE: NON RESTRICTED USE | $20,000 |
Sacramento, CA PURPOSE: NON RESTRICTED USE | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |