Houser Foundation Inc
- Assets
- $25.1m
- Revenue
- $1.3m
- Investments
- $22.7m
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3047089
Organization Overview
Houser Foundation Inc is located in Santa Monica, CA. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Houser 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, Houser Foundation Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Houser Foundation Inc has awarded 161 individual grants totaling $4,466,883. 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 |
|---|---|---|---|
Daniel Houser Director | 0 | $0 | |
Krystyna Houser Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $721,758 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $573,058 |
| Capital Gain Net Income | $573,058 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$37,939 |
| Total Revenue | $1,256,877 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,697 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $199,612 |
| Total operating and administrative expenses | $227,809 |
| Contributions, gifts, grants paid | $1,503,118 |
| Total expenses and disbursements | $1,730,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,424,075 |
| Savings and temporary cash investments | $0 |
| 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 | $11,443,205 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,116,538 |
| 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, Houser Foundation Inc has awarded $538,010 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER WAY BROOKLYN PURPOSE: GENERAL | $25,000 |
AMERICAN PRAIRIE RESERVE PURPOSE: GENERAL | $25,000 |
BROOKLYN BOTANICAL GARDEN PURPOSE: GENERAL | $150,000 |
CALIFORNIA BASKETBALL STARS FOUNDATION PURPOSE: GENERAL | $10,000 |
MICHAEL SOBELL HOSPICE CHARITY PURPOSE: GENERAL | $13,010 |
BROOKLYN MUSEUM PURPOSE: GENERAL | $25,000 |