Jerry N & Linda J Katz Foundation
- Assets
- $1.5m
- Revenue
- $308.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Tarzana, CA
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-2595304
Organization Overview
Jerry N & Linda J Katz Foundation is located in Tarzana, CA. The organization was established in 2015. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Jerry N & Linda J Katz 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, Jerry N & Linda J Katz Foundation generated $308.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $61.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jerry N & Linda J Katz Foundation has awarded 50 individual grants totaling $260,898. 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
SCHOLARSHIPS & EDUCATIONAL PROGRAMS OF THE LOYOLA MARYMOUNT UNIVERSITY SERVING MBA CANDIDATES AS DETERMINED BY THE NON-PROFIT.
END OF LIFE HOSPICE SUPPORT TO LIGHTBRIDGE HOSPICE FOUNDATION FOR NEEDS OF TERMINALLY ILL PERSONS AS DETERMINED BY THE NON-PROFIT.
SCHOLARSHIPS & EDUCATIONAL PROGRAMS OF THE ZETA BETA TAU FOUNDATION SERVING UNDERGRADUATE & ALUMNI AS DETERMINED BY THE NON-PROFIT.
VETERAN HOUSING SUPPORTED BY HOMES4FAMILIES WHO MEET CERTAIN CRITERIA AS REQUIRED BY THE NON-PROFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Katz Chairman | 1 | $0 | |
Linda Katz Vice-Chair | 1 | $0 | |
Jeffrey Katz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24 |
| Dividends & Interest | $15,018 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,196 |
| Capital Gain Net Income | $108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $273,537 |
| Total Revenue | $308,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $50 |
| Contributions, gifts, grants paid | $61,354 |
| Total expenses and disbursements | $61,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,478,323 |
| 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 | $1,478,323 |
| Accounts payable and accrued expenses | $46,735 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,553 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,288 |
Grants Awarded
Over the last fiscal year, Jerry N & Linda J Katz Foundation has awarded $61,354 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
LOYOLA MARYMOUNT UNIVERSITY PURPOSE: SCHOLARSHIPS | $10,000 |
LIGHTBRIDGE HOSPICE FOUNDATION PURPOSE: END OF LIFE HOSPICE SUPPORT PROGRAMS | $5,000 |
ZETA BETA TAU FOUNDATION PURPOSE: EDUCATIONAL / SCHOLARSHIPS | $30,000 |
GUIDE DOGS OF AMERICA PURPOSE: TRAINING OF SEEING EYE DOGS FOR THE BLIND | $1,500 |
CITY OF HOPE PURPOSE: CANCER RESEARCH | $500 |
FRIENDS OF THE DAVID SHELDRICK WILD PURPOSE: ANIMAL RESCUE / REHABILITATION | $2,500 |