Chizen Family Foundation
- Assets
- $10.1m
- Revenue
- $303.4k
- Investments
- $9.9m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-2450509
Organization Overview
Chizen Family Foundation is located in Los Angeles, CA. The organization was established in 2009. 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. Chizen Family 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 12/2022, Chizen Family Foundation generated $303.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $435.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chizen Family Foundation has awarded 274 individual grants totaling $3,978,621. 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 |
|---|---|---|---|
Bruce R Chizen President, Director | 0 | $0 | |
Gail B Chizen Treasurer, Secretary | 0 | $0 | |
Jessica H Chizen Director | 0 | $0 | |
Steven M Chizen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $298,913 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,482 |
| Capital Gain Net Income | $4,482 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $303,395 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,754 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $56,662 |
| Contributions, gifts, grants paid | $378,575 |
| Total expenses and disbursements | $435,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,782 |
| Savings and temporary cash investments | $123,316 |
| 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 | $5,600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,087,288 |
| Accounts payable and accrued expenses | $310 |
| 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 | $310 |
Grants Awarded
Over the last fiscal year, Chizen Family Foundation has awarded $378,575 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF ROCKLAND COUNTY PURPOSE: UNRESTRICTED | $250 |
CAMP TAWONGA PURPOSE: UNRESTRICTED | $50,000 |
CARE PURPOSE: UNRESTRICTED | $5,000 |
CENTRAL PARK CONSERVANCY PURPOSE: UNRESTRICTED | $1,000 |
CHILDRENS DISCOVERY MUSEUM PURPOSE: UNRESTRICTED | $25,000 |
CMTA PURPOSE: UNRESTRICTED | $120,000 |