Roger I And Ruth B Macfarlane Foundation
- Assets
- $38.9m
- Revenue
- $3.8m
- Investments
- $34.3m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 26-6157610
Organization Overview
Roger I And Ruth B Macfarlane Foundation is located in Los Angeles, CA. The organization was established in 2010. 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. Roger I And Ruth B Macfarlane 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 12/2021, Roger I And Ruth B Macfarlane Foundation generated $3.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 6 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 2014, Roger I And Ruth B Macfarlane Foundation has awarded 100 individual grants totaling $8,617,520. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth B Macfarlane Trustee | 1 | $0 | |
Josh Meyer Trustee | 1 | $0 | |
Roger I Macfarlane Trustee | 1 | $0 | |
Nicole Macfarlane Trustee | 1 | $0 | |
Alex Macfarlane Vice Chair, Trustee | 1 | $0 | |
Taryn Macfarlane Board Chair, Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $106,612 |
| Dividends & Interest | $491,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $412,904 |
| Capital Gain Net Income | $1,166,385 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $749,383 |
| Total Revenue | $3,760,097 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,491 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $181,343 |
| Total operating and administrative expenses | $682,353 |
| Contributions, gifts, grants paid | $1,100,000 |
| Total expenses and disbursements | $1,782,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,582,294 |
| 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 | $14,446 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $34,338,116 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,209 |
| Total assets | $38,946,065 |
| Accounts payable and accrued expenses | $90 |
| 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 | $20,682 |
| Total liabilities | $20,772 |
Grants Awarded
Over the last fiscal year, Roger I And Ruth B Macfarlane Foundation has awarded $1,100,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Pomona, CA PURPOSE: EMPOWER HIGH POTENTIAL LOW INCOME STUDENTS TO GAIN ADMISSION TO PERSIST IN AND GRADUATE FRP, FOUR YEAR COLLEGES | $150,000 |
St Louis, MO PURPOSE: LEGAL ADVOCACY ORGANIZATION THAT COMBATS THE CRIMINALIZATION OF POVERTY AND STATE VIOLENCE ESPECIALLY IN COMMUNITIES OF COLOR | $150,000 |
South Bend, IN PURPOSE: BE A CONVENER THOUGHT LEADER AND DRIVER OF TRANSFORMATIONAL CHANGE | $150,000 |
Minneapolis, MN PURPOSE: TO INSPIRES HOPE TRUST AND HEALING THROUGH SPIRITUAL LISTENING WITH PEOPLE WHO FEEL UNSEEN AND UNHEARD | $150,000 |
Boston, MA PURPOSE: TO HELP HIGH-ACHIEVING LOW-INCOME UNDERREPRESENTED STUDENTS GET INTO AND GRADUATE FROM TOP COLLEGES | $75,000 |
Los Angeles, CA PURPOSE: TO SUPPORT THE PHYSICAL BEHAVIORAL AND SPIRITUAL WELL BEING OF AMERICAN INDIAN/ALASKA NATIVES IN THE URBAN LOS ANGELES AREA | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |