George Lopez Foundation
- Assets
- $657.6k
- Revenue
- $673.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Woodland Hills, CA
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 27-1434363
Organization Overview
George Lopez Foundation is located in Woodland Hills, CA. The organization was established in 2010. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, George Lopez Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Lopez 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, George Lopez Foundation generated $673.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $454.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, George Lopez Foundation has awarded 21 individual grants totaling $517,043. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PAGE 2
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO VARIOUS PROGRAMS FOR UNDER PRIVILEGED IN MEDICINE AND EDUCATION TO THE PATIENT EMERGENCY FUND.
THE SAN FERNANDO VALLEY CHILDREN'S ELEMENTARY SCHOOL DRIVE PROVIDED OVER 1,200 TOYS FOR NEEDY CHILDREN AND FAMILIES FOR THE HOLIDAY SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Small Executive Director/secretary | Officer | 40 | $142,536 |
George Lopez President | OfficerTrustee | 5 | $0 |
Dr Lilly Barba Treasurer | Officer | 1 | $0 |
Larry Kohl Director | Trustee | 1 | $0 |
Michael G Wilson Director | Trustee | 1 | $0 |
Stacey Kohl Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $773,943 |
| Related organizations | $0 |
| Government grants | $47,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,831 |
| Noncash contributions included in lines 1a–1f | $102,486 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $905,794 |
| Total Program Service Revenue | $0 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$232,801 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $673,154 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,099 |
| Grants and other assistance to domestic individuals. | $52,094 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,536 |
| Compensation of current officers, directors, key employees. | $42,761 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,219 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,020 |
| Payroll taxes | $13,351 |
| Fees for services: Management | $35,620 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,586 |
| Advertising and promotion | $40,729 |
| Office expenses | $41,499 |
| Information technology | $13,316 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,686 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,030 |
| Insurance | $7,019 |
| All other expenses | $0 |
| Total functional expenses | $454,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $653,239 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,334 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,000 |
| Total assets | $657,573 |
| Accounts payable and accrued expenses | $3,706 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $26,120 |
| Other liabilities | $0 |
| Total liabilities | $29,826 |
| Net assets without donor restrictions | $627,747 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $657,573 |
Grants Awarded
Over the last fiscal year, George Lopez Foundation has awarded $21,303 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAN FERNANDO ELEMENTARY PURPOSE: HOLIDAY TOY DRIVE | $11,303 |
Calabasas, CA PURPOSE: BRING AWARENESS FOR BREAST CANCER | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that George Lopez Foundation has recieved totaling $85,000.
| Awarding Organization | Amount |
|---|---|
Sidney A Kohl Fam Foundation Tr Palm Beach, FL PURPOSE: CHARITABLE | $80,000 |
Weintraub Family Foundation Encino, CA PURPOSE: UNRESTRICTED SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern California Grantmakers Los Angeles, CA | $26,044,815 | $33,994,479 |
Philanthropic Ventures Foundation Oakland, CA | $36,414,979 | $20,169,103 |
Central Valley Community Foundation Fresno, CA | $105,414,980 | $19,266,870 |
Hispanics In Philanthropy Oakland, CA | $32,628,139 | $20,330,373 |
Women Donors Network San Francisco, CA | $11,762,739 | $21,849,859 |
Edwards Lifesciences Foundation Irvine, CA | $84,164,854 | $6,008,947 |
Just One Project Las Vegas, NV | $1,280,784 | $8,846,231 |
Asian Pacific Fund San Francisco, CA | $25,769,246 | $16,047,288 |
Mission Increase Tigard, OR | $936,883 | $5,775,075 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
American Muslim Community Foundation Fremont, CA | $4,272,850 | $7,338,552 |
Armenia Fund Inc Glendale, CA | $68,598,938 | $8,000,794 |