Helmstetter Family Foundation is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Helmstetter Family 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, Helmstetter Family Foundation generated $97.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $128.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Helmstetter Family Foundation has awarded 180 individual grants totaling $984,210. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard C Helmstetter President | 0 | $0 | |
Deidre Sandvick Director | 0 | $0 | |
Erik M Helmstetter Director | 0 | $0 | |
Christine Helmstetter Secretary | 0 | $0 | |
Clinton Sandvick Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,485 |
| Dividends & Interest | $68,640 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,266 |
| Capital Gain Net Income | $31,302 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$3,502 |
| Total Revenue | $97,889 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $102 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $102 |
| Contributions, gifts, grants paid | $128,500 |
| Total expenses and disbursements | $128,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,804 |
| 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 | $102,326 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,255,986 |
| 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 |
Over the last fiscal year, Helmstetter Family Foundation has awarded $128,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
VOICES FOR CHILDREN PURPOSE: COURT APPOINTED SPECIAL ADVOCATE PROGRAM. | $10,000 |
CASA DE AMPARO PURPOSE: GENERAL OPERATING SUPPORT. | $11,500 |
MONARCH SCHOOL PROJECT PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
FOOD FOR LANE COUNTY PURPOSE: FOOD BANK | $25,000 |
ELDER HELP PURPOSE: SUPPORT FOR SENIORS | $5,000 |
RELIEF NURSERY PURPOSE: STRENGHTEN FAMILIES & KEEP KIDS SAFE. | $12,000 |