Margaret Perenchio Foundation
- Assets
- $84.2k
- Revenue
- $200.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Glendale, CA
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3638111
Organization Overview
Margaret Perenchio Foundation is located in Glendale, 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. Margaret Perenchio 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, Margaret Perenchio Foundation generated $200.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $189.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Margaret Perenchio Foundation has awarded 49 individual grants totaling $1,427,430. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARGARET PERENCHIO FOUNDATION OPERATES PRIMARILY TO FOSTER THE ARTS, PREVENT CRUELTY TO ANIMALS AND TO SUPPORT OTHER CHARITABLE CAUSES PRIMARILY IN THE LOS ANGELES AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Perenchio President/chair Of The Board | 2 | $0 | |
Michael S Dreyer Director/cfo/treasurer | 0.5 | $0 | |
Sarah Cullen Executive Vp/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $238 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,238 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $4,015 |
| Contributions, gifts, grants paid | $185,000 |
| Total expenses and disbursements | $189,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $84,180 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $84,180 |
| 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, Margaret Perenchio Foundation has awarded $185,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ITALIAN AMERICAN MUSEUM OF LOS ANGELES PURPOSE: DONATION FOR THE GENERAL BENEFIT OF THE ART | $10,000 |
THE UCLA FOUNDATION PURPOSE: DONATION TO PAIN MANAGEMENT RESEARCH FUND | $60,000 |
ST PETER CHANEL CATHOLIC CHURCH PURPOSE: GENERAL SUPPORT | $5,000 |
ANIMAL LEGAL DEFENSE PURPOSE: GENERAL SUPPORT | $70,000 |
FOLDS OF HONOR PURPOSE: DONATION FOR THE GENERAL BENEFIT OF EDUCATIONAL SCHOLARSHIP PROGRAMS | $5,000 |
EASTWOOD RANCH FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |