Grousbeck Fam Foundation Ii 05182011
- Assets
- $46.6m
- Revenue
- $1.8m
- Investments
- $23.4m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 09/2011
- Data as of
- 11/2023
- EIN
- 30-6284985
Organization Overview
Grousbeck Fam Foundation Ii 05182011 is located in San Francisco, CA. The organization was established in 2011. 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. Grousbeck Fam Foundation Ii 05182011 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 11/2023, Grousbeck Fam Foundation Ii 05182011 generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $2.1m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Grousbeck Fam Foundation Ii 05182011 has awarded 330 individual grants totaling $24,760,105. 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 |
|---|---|---|---|
H Irving Grousbeck Trustee | 0 | $0 | |
Susanne Grousbeck Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $1,439,963 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $216,138 |
| Capital Gain Net Income | $112,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $174,291 |
| Total Revenue | $1,830,393 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $41,744 |
| Taxes | $4,434 |
| Depreciation | $0 |
| Occupancy | $98,747 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,848 |
| Total operating and administrative expenses | $305,197 |
| Contributions, gifts, grants paid | $1,817,000 |
| Total expenses and disbursements | $2,122,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,106 |
| Savings and temporary cash investments | $20,775,948 |
| 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 | $2,425,686 |
| Total assets | $46,563,371 |
| 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, Grousbeck Fam Foundation Ii 05182011 has awarded $1,817,000 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ACKNOWLEDGE ALLIANCE PURPOSE: GENERAL | $30,000 |
AFRICAN LEADERSHIP FOUNDATION PURPOSE: GENERAL | $100,000 |
ALDER GRADUATE SCHOOL OF EDUCATION PURPOSE: GENERAL | $50,000 |
ALL FIVE PURPOSE: GENERAL | $50,000 |
AMHERST COLLEGE PURPOSE: GENERAL | $150,000 |
ASURION COMPASSION FUND PURPOSE: GENERAL | $20,000 |