Oprah Winfrey Charitable Foundation
- Assets
- $182.1m
- Revenue
- $4.6m
- Investments
- $162.8m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 26-6908382
Organization Overview
Oprah Winfrey Charitable Foundation is located in Los Angeles, CA. The organization was established in 2010. 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. Oprah Winfrey Charitable 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 12/2023, Oprah Winfrey Charitable Foundation generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (35.8%) each year. All expenses for the organization totaled $41.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Oprah Winfrey Charitable Foundation has awarded 154 individual grants totaling $186,586,955. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oprah G Winfrey Co-Trustee | 2 | $0 | |
Gayle King Co-Trustee | 2 | $0 | |
Robert Greene Co-Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Momentous Insurance Brokerage | 12/30/23 | $115,222 |
Loeb & Loeb Llp | 12/30/23 | $52,288 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $172,802 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,300,795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$138,298 |
| Capital Gain Net Income | $11,676,589 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,214,980 |
| Total Revenue | $4,550,279 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $429,921 |
| Pension plans, employee benefits | $55,110 |
| Interest | $117,847 |
| Taxes | $214,818 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,286,014 |
| Total operating and administrative expenses | $4,363,704 |
| Contributions, gifts, grants paid | $37,488,904 |
| Total expenses and disbursements | $41,852,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,157,146 |
| Savings and temporary cash investments | $12,018,715 |
| 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 | $9,472 |
| Investments—mortgage loans | $0 |
| Investments—other | $114,532,113 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,185,559 |
| Total assets | $182,145,385 |
| Accounts payable and accrued expenses | $39,718 |
| Grants payable | $75,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,174 |
| Other liabilities | $233,229 |
| Total liabilities | $349,121 |
Grants Awarded
Over the last fiscal year, Oprah Winfrey Charitable Foundation has awarded $37,675,404 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
HERRENDORF FAMILY FOUNDATION PURPOSE: TO DEVELOP, FACILITATE AND SUPPORT THE OPRAH WINFREY LEADERSHIP SCHOLARSHIP PROGRAM. | $750,000 |
US DREAM ACADEMY PURPOSE: TRANSFORMATIVE MENTORING PROGRAM FOR YOUTH TO BUILD CHARACTER, SKILLS AND DREAMS IN A SAFE OUT OF SCHOOL TIME ENVIRONMENT. | $2,500,000 |
THE ENTERTAINMENT INDUSTRY FOUNDATION PURPOSE: TO PROVIDE FUNDS DIRECTLY TO MEMBERS OF COMMUNITIES IN MAUI COUNTY, HAWAII WHO EXPERIENCED THE LOSS OF THEIR HOME DUE TO THE WILDFIRES. | $18,204,132 |
OW LEADERSHIP ACADEMY FOUNDATION PURPOSE: FOR OPERATING EXPENSES FOR THE OPRAH WINFREY LEADERSHIP ACADEMY FOR GIRLS IN SOUTH AFRICA. | $9,625,272 |
SAG AFTRA FOUNDATION PURPOSE: TO SUPPORT THE GENERAL OPERATIONS OF THE SAG-AFTRA FOUNDATION AND HELP SUPPORT MEMBERS OUT OF WORK AND IMPACTED BY THE 2023 STRIKE. | $1,000,000 |
MAUI HEALTH FOUNDATION PURPOSE: TO PROVIDE FUNDS TO MEET THE GROWING NEEDS OF MAUI AND REPLACE THE CT SCANNER AT MAUI MEMORIAL. | $1,000,000 |