Jack & Adele Mason Family Foundation Inc
- Assets
- $351.2k
- Revenue
- $90.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Torrance, CA
- Founding
- Data as of
- 12/2016
- EIN
- 33-0732436
Organization Overview
Jack & Adele Mason Family Foundation Inc is located in Torrance, CA.
For the year ending 12/2016, Jack & Adele Mason Family Foundation Inc generated $90.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $403.2k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Mason Dir & President | 0 | $0 | |
Melvin T Matsukane Dir & Treasurer | 0 | $0 | |
Danna B Mason Dir & Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $13,398 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,579 |
| Capital Gain Net Income | $76,579 |
| Net ST Capital Gain | $2,399 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $248 |
| Total Revenue | $90,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,922 |
| Total operating and administrative expenses | $13,166 |
| Contributions, gifts, grants paid | $390,000 |
| Total expenses and disbursements | $403,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $351,197 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $351,197 |
| 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, Jack & Adele Mason Family Foundation Inc has awarded $390,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
LYNWOOD WORSHIP CENTER PURPOSE: GENERAL | $25,000 |
THE UCLA FOUNDATION PURPOSE: SCHOLARSHIPS | $25,000 |
CALIFORNIA ALUMNI ASSOCIATION PURPOSE: SCHOLARSHIPS | $25,000 |
ORANGE COUNTY RESCUE MISSION PURPOSE: GENERAL | $15,000 |
UNION RESCUE MISSION PURPOSE: GENERAL | $15,000 |
PI BETA PHI FOUNDATION PURPOSE: SCHOLARSHIPS | $25,000 |