V & L London Family Foundation
- Assets
- $597.1k
- Revenue
- $65.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-1346258
Organization Overview
V & L London Family Foundation is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. V & L London 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, V & L London Family Foundation generated $65.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $126.1k during the year ending 12/2023. While expenses have increased by 6.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, V & L London Family Foundation has awarded 78 individual grants totaling $910,547. 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 |
|---|---|---|---|
Larry London CEO & President | 0 | $0 | |
Vicki London Secretary | 0 | $0 | |
Tyrone London CFO & Treasurer | 0 | $0 | |
Eric London Vice President | 0 | $0 | |
Brandon London Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $14,849 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $590 |
| Total Revenue | $65,439 |
| 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 | $1,037 |
| Total operating and administrative expenses | $3,254 |
| Contributions, gifts, grants paid | $122,867 |
| Total expenses and disbursements | $126,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $597,141 |
| 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 | $597,141 |
| 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, V & L London Family Foundation has awarded $122,867 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
WESTWOOD UNITED METHODIST PURPOSE: GIFT | $8,000 |
IN TOUCH MINISTRIES PURPOSE: GIFT | $10,000 |
OTHER UNDER 5000 PURPOSE: GIFT | $29,617 |
ANDREW ENNABE CHARITABLE FOUNDATION PURPOSE: GIFT | $10,000 |
BOYS TOWN PURPOSE: GIFT | $5,000 |
CALTHORP SCHOOL PURPOSE: GIFT | $15,000 |