The Henry And Susan Garcia Foundation
- Assets
- $2.3m
- Revenue
- $186.1k
- Investments
- $2.0m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 47-1576498
Organization Overview
The Henry And Susan Garcia Foundation is located in Los Angeles, CA.
For the year ending 12/2022, Henry And Susan Garcia Foundation generated $186.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $136.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $308,023 |
| Interest on Savings | $55 |
| Dividends & Interest | $55,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$177,035 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $186,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,773 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $30,494 |
| Contributions, gifts, grants paid | $106,000 |
| Total expenses and disbursements | $136,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,768 |
| 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 | $2,041,132 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,288,900 |
| 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 | $26,500 |
| Total liabilities | $26,500 |
Grants Awarded
Over the last fiscal year, The Henry And Susan Garcia Foundation has awarded $106,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL COUNCIL ON AGING PURPOSE: TO ENSURE THAT THE NATIONAL COUNCIL ON AGING CONTUNUES TO HELP IMPROVE THE LIVES OF STRUGGLING OLDER ADULTS. | $26,500 |
CHILDREN'S HOSPITAL LOS ANGELES PURPOSE: TO ENSURE THAT CHILDREN'S HOSPITAL LOS ANGELES CONTINUES TO MAKE BREAKTHROUGHS IN MEDICINE AND PROVIDES A QUALITY, CARING ENVIRONMENT FOCUSED AROUND EACH CHILD'S UNIQUE NEEDS. | $26,500 |
ALZHEIMER'S ASSOCIATION PURPOSE: TO ENSURE THAT THE NATIONAL CAPITAL AREA CHAPTER CONTINUES TO PROVIDE HELP TO PEOPLE WITH ALZHEIMER'S DISEASE AS WELL AS THEIR FAMILIES AND CAREGIVERS. | $26,500 |
ANIMAL WELFARE INSTITUTE PURPOSE: TO ENSURE THAT ANIMAL WELFARE INSTITUTE CONTINUES TO ALLEVIATE THE SUFFERING INFLICTED ON ANIMALS. | $26,500 |