Orange County Endowment For Intellectual Advancement
- Assets
- $202.0
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Laguna Beach, CA
- Founding
- 07/2015
- Data as of
- 12/2022
- EIN
- 47-3635822
Organization Overview
Orange County Endowment For Intellectual Advancement is located in Laguna Beach, CA. The organization was established in 2015. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, 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. Orange County Endowment For Intellectual Advancement 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, Orange County Endowment For Intellectual Advancement generated $2.0k 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 (27.1%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY MISSION OF THE TRUST IS TO PROMOTE INTELLECTUAL ADVANCEMENT IN ORANGE COUNTY, CALIFORNIA. IT WILL CARRY OUT THIS MISSION BY ASSEMBLING PROMINENT PHILANTHROPISTS, ENVIRONMENTALISTS, SCIENTISTS, TECHNOLOGISTS, ARTISTS, WRITERS AND OTHERS IN FORUMS FOR STIMULATING DIALOGUE AND THE EXCHANGE OF INNOVATIVE IDEAS, MANY OF WHICH MAY HAVE THE POTENTIAL CHANGING ATTITUDES, AND POSSIBLY CHANGING LIVES. EXAMPLES OF TOPIC AREAS THAT MIGHT BE CONDUCTED INCLUDE: (A) STRATEGIES FOR LEADERS IN HIGHER EDUCATION IN THE CHALLENGING NEW ENVIRONMENT, (B) PUBLIC POLICY ISSUES; LOCAL, NATIONAL AND INTERNATIONAL, (C) GLOBAL ECONOMIC AND GEOPOLITICAL DEVELOPING CHALLENGES, (D) PUBLIC HEALTH STRATEGIES AND (E) EMERGING ISSUES IN THE ARTS. THE TRUST INTENDS TO FUND THE PUBLICATION OF RESEARCH SPONSORED BY THE TRUST AND/OR THOUGHT LEADER FORUMS CONDUCTED BY IT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Mclarand Trustee | 1 | $0 | |
Michael Kaye Trustee | 1 | $0 | |
Michael Cancelleri Trustee | 1 | $0 | |
Twyla Martin President | 2 | $0 | |
Mark Tomaino Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| 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 | $2,000 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,975 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202 |
| 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 | $202 |
| 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 Recieved
Over the last fiscal year, we have identified 1 grants that Orange County Endowment For Intellectual Advancement has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Charles D & Twyla R Martin Foundation Laguna Beach, CA PURPOSE: CHARITABLE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |
Na Aina Kai Botanical Gardens Kilauea, HI | $76,195,065 | $4,390,722 |
Easton Sports Development Foundation Van Nuys, CA | $11,576,483 | $3,446,410 |
Lone Rock Foundation Santa Cruz, CA | $94,429,828 | $8,565,645 |
Maurice And Paul Marciano Art Foundation Beverly Hills, CA | $51,457,379 | $441,554 |