S Mark Taper Foundation
- Assets
- $110.7m
- Revenue
- $17.4m
- Investments
- $106.0m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 32-0516588
Organization Overview
S Mark Taper Foundation is located in Los Angeles, CA. The organization was established in 2017. 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. S Mark Taper 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, S Mark Taper Foundation generated $17.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 47.2% each year . All expenses for the organization totaled $8.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, S Mark Taper Foundation has awarded 167 individual grants totaling $11,753,200. 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 |
|---|---|---|---|
Roy Weitz Trustee, CFO | 35 | $392,601 | |
Adrienne Wittenberg Executive Director | 35 | $285,597 | |
Kristen Haggins Program Officer | 35 | $113,542 | |
Deborah Green Accounting | 35 | $109,055 | |
Alyssa Villaire Program Officer | 35 | $62,945 | |
Amanda Adams Grants Administrator | 35 | $61,989 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hotchkis & Wiley Capital Management | 12/30/21 | $183,481 |
Frontier Capital Management | 12/30/21 | $145,465 |
Bank Of Americaus Trust | 12/30/21 | $99,188 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $310 |
| Dividends & Interest | $1,997,573 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,410,542 |
| Capital Gain Net Income | $15,410,542 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,695 |
| Total Revenue | $17,411,120 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $708,199 |
| Other employee salaries and wages | $347,531 |
| Pension plans, employee benefits | $131,716 |
| Interest | $0 |
| Taxes | $230,485 |
| Depreciation | $22,283 |
| Occupancy | $207,467 |
| Travel, conferences, and meetings | $747 |
| Printing and publications | $0 |
| Other expenses | $132,065 |
| Total operating and administrative expenses | $2,281,794 |
| Contributions, gifts, grants paid | $5,834,100 |
| Total expenses and disbursements | $8,115,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,382,079 |
| Net Accounts receivable | $176,109 |
| 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 | $29,154,230 |
| Net Land, buildings, and equipment | $83,454 |
| Other assets | $0 |
| Total assets | $110,679,604 |
| Accounts payable and accrued expenses | $177,026 |
| 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 | $177,026 |
Grants Awarded
Over the last fiscal year, S Mark Taper Foundation has awarded $5,834,100 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
Beverly Hills, CA PURPOSE: FUNDS FOR RENOVATION AND UPGRADE OF AMPITHEATRE. | $350,000 |
Los Angeles, CA PURPOSE: CONSTRUCTION, WATTS CAMPUS. | $300,000 |
AMERICAN NATIONAL RED CROSS FBO AMERICAN RED CROSS LOS ANGELES REGION PURPOSE: CAPITAL SUPPORT FOR DOWNTOWN HEADQUARTERS. | $265,000 |
Los Angeles, CA PURPOSE: CAPITAL SUPPORT TO RETIRE DEBT RELATED TO THE PURCHASE OF YOUTH REENTRY CENTER BUILDING. | $250,000 |
Los Angeles, CA PURPOSE: CAPITAL SUPPORT FOR HEADQUARTERS AND SERVICE CENTER. | $200,000 |
Los Angeles, CA PURPOSE: CAPITAL SUPPORT FOR MUSEUM CAMPUS EXPANSION. | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The 1440 Foundation Saratoga, CA | $206,653,487 | $19,808,457 |
Merkin Family Foundation Marina Del Rey, CA | $241,752,328 | $31,870,945 |
Hopper-Dean Foundation Menlo Park, CA | $45,438,431 | $29,723,797 |
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
Connie And Bob Lurie Foundation Inc Redwood City, CA | $112,597,495 | $25,457,180 |
Kennys Kids Sedona, AZ | $0 | $509,065 |
Meadowview Foundation San Rafael, CA | $189,484,174 | $15,305,967 |
Pwb Foundation San Francisco, CA | $347,304,916 | $12,423,770 |
Jeffrey Carlton Charitable Foundation Udt Dated April 10 2009 Villa Park, CA | $0 | $7,778,728 |
Autodesk Foundation San Francisco, CA | $47,337 | $16,300,000 |
Priem Family Foundation Burlingame, CA | $0 | -$4,034,198 |