Chris And Vicky Cornell Foundation
- Assets
- $354.3k
- Revenue
- $145.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-1543070
Organization Overview
Chris And Vicky Cornell Foundation is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, 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. Chris And Vicky Cornell 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 12/2022, Chris And Vicky Cornell Foundation generated $145.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (60.5%) each year. All expenses for the organization totaled $99.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chris And Vicky Cornell Foundation has awarded 20 individual grants totaling $1,103,500. 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 |
|---|---|---|---|
Vicky Cornell President | 0 | $0 | |
Alexandra Vissicchio Treasurer | 0 | $0 | |
Linda Ramone Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $145 |
| Interest on Savings | $0 |
| 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 | $0 |
| Total Revenue | $145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $545 |
| Printing and publications | $0 |
| Other expenses | $4,661 |
| Total operating and administrative expenses | $84,156 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $99,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,987 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $4,726 |
| 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 | $5,572 |
| Total assets | $354,285 |
| 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, Chris And Vicky Cornell Foundation has awarded $105,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL RESCUE COMMITTEE PURPOSE: NATIONAL INITIATIVE TO IMPROVE PHYSICIAN EDUCATION ON SUBSTANCE USE DISORDERS | $25,000 |
CHILDHAVEN PURPOSE: CHRIS CORNELL MUSIC THERAPY PROGRAM | $20,000 |
NYSPCC PURPOSE: CONTRIBUTION FOR THE COMPLEX NEEDS OF ABUSED AND NEGLECTED CHILDREN | $15,000 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: NATIONAL INITIATIVE TO IMPROVE PHYSICIAN EDUCATION ON SUBSTANCE USE DISORDERS | $15,000 |
ADDICTION POLICY FORUM PURPOSE: WORK TO END ADDICTION AS A MAJOR HEALTH PROBLEM | $5,000 |
NYSPCC PURPOSE: CONTRIBUTION FOR THE COMPLEX NEEDS OF ABUSED AND NEGLECTED CHILDREN | $25,000 |